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Baby Snacks & Others - Finland

Finland
  • Revenue in the Baby Snacks & Others market amounts to US$13.98m in 2024. The market is expected to grow annually by 4.85% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$806m in 2024).
  • In relation to total population figures, per person revenues of US$2.52 are generated in 2024.
  • In the Baby Snacks & Others market, volume is expected to amount to 622.00k kg by 2029. The Baby Snacks & Others market is expected to show a volume growth of 3.7% in 2025.0.
  • The average volume per person in the Baby Snacks & Others market is expected to amount to 0.1kg in 2024.

Definition:

Baby snacks are defined as food products that are easy for infants and young children to chew and swallow. They are often made with simple, wholesome ingredients that provide a balanced supply of nutrients. The Others category includes baby food types that are not covered elsewhere, such as baby desserts.

Additional information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

For more information on the displayed data, use the info button right next to the boxes.

In-Scope

  • Puffs and snack bars such as Happy Baby Organics Superfood Puffs, Kiddylicious Fruity Puffs, and Kiddylicious Juicy Fruit Bars
  • Biscuits such as Happy Baby Organics Teethers
  • Dried fruit and vegetable snacks
  • Melts such as Kiddylicious Smoothie Melts
  • Baked snacks
  • Baby dessert, such as baby yogurt and baby pudding

Out-Of-Scope

  • Baby cereals, such as Nestlé Cerelac
  • Prepared baby food, such as HiPP baby food jars
  • Infant formula, such as Nestlé LACTOGEN 1 Infant Formula Powder
  • Out-of-home consumption

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Baby Snacks & Others Market in Finland has seen minimal growth due to various factors such as low birth rates, changing consumer preferences, and increased competition. Despite this, the convenience of online shopping and health awareness among parents continue to drive the market.

Customer preferences:
With a growing emphasis on health and wellness, parents in Finland are increasingly turning to organic and natural baby snacks and other food options. This trend is driven by a desire for healthier and more sustainable choices for their children, as well as a rise in eco-consciousness and a focus on clean eating. As a result, there has been a notable increase in demand for organic and locally sourced baby snacks, showcasing a shift towards more mindful and environmentally friendly consumption habits in the country.

Trends in the market:
In Finland, the Baby Snacks & Others Market of the Baby Food Market within The Food market is seeing a rise in demand for organic and natural ingredients, with parents becoming more health-conscious and concerned about the nutritional value of their children's snacks. This trend is expected to continue, with a focus on clean labeling and sustainable sourcing. Industry stakeholders will need to adapt to these changing consumer preferences and potentially invest in new product development and marketing strategies to stay competitive in the market. Additionally, there is a growing trend of using digital platforms for purchasing and researching baby food products, highlighting the need for companies to have a strong online presence and e-commerce capabilities.

Local special circumstances:
In Finland, the Baby Snacks & Others Market of the Baby Food Market within The Food market is influenced by the country's strong emphasis on healthy and organic food products. The market is driven by the growing demand for natural and sustainable baby snacks, as well as strict regulations for food safety and labeling. Additionally, the country's high standard of living and increased awareness of nutrition among parents have also contributed to the growth of this market.

Underlying macroeconomic factors:
The Baby Snacks & Others Market of the Baby Food Market within The Food market is greatly affected by macroeconomic factors such as consumer spending patterns, economic growth, and government policies. Countries with strong economic growth and stable consumer spending are likely to experience higher demand for baby snacks and other food products. On the other hand, regions with slow economic growth and declining consumer spending may see a decrease in demand for these products. Government policies and regulations, such as food safety regulations and import/export policies, also impact the market performance. Additionally, factors such as population demographics and cultural preferences can influence the demand for baby snacks and other food products in a given country.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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