Definition:
The Baby Food market covers specially formulated foods that are intended for infants and small children, most notably in the form of homogenized food preparations. In this market, both supplementary foods (e.g., fruit- and vegetable-based baby food) and infant formula are included.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. 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.
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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
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Food market in Burundi has seen a minimal growth rate in the Baby Food Market, influenced by factors such as limited access to digital technologies, low health awareness among consumers, and traditional preferences for homemade baby food. Despite these challenges, the market is gradually adopting prepared baby food due to its convenience and time-saving benefits. However, the overall growth remains slow due to economic constraints and cultural practices.
Customer preferences: As consumers in Burundi become more health-conscious, there has been a noticeable increase in demand for organic and natural baby food products. This trend is driven by a growing awareness of the benefits of a healthy and balanced diet, as well as a shift towards more sustainable and environmentally-friendly options. Additionally, as the country experiences a rise in disposable income and a shift towards urbanization, there is a growing preference for convenient and time-saving baby food options, such as ready-to-eat meals and on-the-go snacks.
Trends in the market: In Burundi, the Baby Food Market is experiencing a shift towards more organic and natural options, as consumers become increasingly health-conscious. This trend is expected to continue, with an emphasis on locally sourced ingredients and environmentally friendly packaging. This has significant implications for industry stakeholders, as they must adapt to meet consumer demands and compete with new, smaller brands. Additionally, there is a growing trend of online shopping for baby food, as convenience and safety concerns drive consumers to make purchases from the comfort of their own homes. This presents opportunities for e-commerce platforms and delivery services to enter the market and cater to this demand.
Local special circumstances: In Burundi, the Baby Food Market is heavily influenced by cultural practices and beliefs. Breastfeeding is highly encouraged and considered the best form of nutrition for infants, resulting in a lower demand for commercial baby food products. Additionally, the country's limited infrastructure and high poverty rates make it difficult for companies to establish a strong presence in the market. However, the recent introduction of fortified baby food products has shown potential for growth, as the government has implemented regulations to ensure the quality and safety of these products.
Underlying macroeconomic factors: The Baby Food Market in Burundi is impacted by macroeconomic factors such as economic stability, government policies, and consumer spending. In times of economic downturn, consumers tend to prioritize essential goods over luxury items, resulting in a decrease in demand for baby food products. Furthermore, government policies that affect the food industry, such as import/export regulations and taxation, can also impact market performance. Additionally, the overall health of the national economy, including inflation rates and unemployment levels, can significantly influence consumer behavior and purchasing power in the baby food market. These factors, combined with global economic trends, can contribute to fluctuations in market growth and demand for baby food products in Burundi.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights