Baby Food - Guinea | Statista Market Forecast

Revenue in the Baby Food market amounts to US$17.15m in 2024. The market is expected to grow annually by 6.44% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$20bn in 2024).
In relation to total population figures, per person revenues of US$1.18 are generated in 2024.
In the Baby Food market, volume is expected to amount to 947.90k kg by 2029. The Baby Food market is expected to show a volume growth of 2.9% in 2025.0.
The average volume per person in the Baby Food market is expected to amount to 0.1kg in 2024.

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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Homogenized and dietary food preparations for infant feeding
Infant formula
Baby rice cereals and flour for baby meals

Baby care products
Baby beverages
Out-of-home consumption

The Baby Food Market within The Food market in Guinea has been experiencing sluggish growth due to factors such as limited access to quality ingredients, low purchasing power of consumers, and lack of awareness about the importance of nutrition for infants. Despite the potential for growth in sub-markets, the overall market is hindered by these challenges.

Customer preferences: The Baby Food Market is seeing a rise in demand for organic and natural products, driven by a growing preference for healthier and more sustainable options. Additionally, there has been an increase in demand for allergen-free and plant-based baby food, reflecting a shift towards cleaner and more diverse diets. This trend is influenced by a growing awareness of the impact of diet on long-term health, as well as a desire for ethically sourced and environmentally-friendly products.

Trends in the market: In Guinea, the Baby Food Market is experiencing a surge in demand for organic and natural baby food products. This trend is driven by a growing awareness among parents about the importance of healthy and chemical-free options for their infants. Furthermore, there is a rise in the number of dual-income families, leading to an increase in demand for convenient and time-saving baby food options. This trend is expected to continue, with industry stakeholders investing in research and development to meet the increasing demand for organic and natural baby food products. This also presents an opportunity for market players to tap into the growing demand for online baby food delivery services.

Local special circumstances: In Guinea, the Baby Food market is heavily impacted by the country's limited infrastructure and access to clean water and sanitation. This has led to a higher demand for packaged and ready-to-eat baby food products, as well as a growing market for fortified baby food products to address malnutrition concerns. Additionally, cultural beliefs surrounding breastfeeding and traditional food practices also play a significant role in shaping the market. These factors create unique challenges for companies looking to enter the market, requiring tailored strategies and products to meet the specific needs of Guinean consumers.

Underlying macroeconomic factors: The performance of the Baby Food Market in Guinea is significantly impacted by macroeconomic factors such as the country's economic stability, government policies, and global economic trends. A stable economy with favorable fiscal policies and strong investment in The Food market can boost market growth. On the other hand, economic instability and unfavorable policies can hinder market growth. Moreover, global economic trends, such as changing consumer preferences and rising disposable incomes, also play a crucial role in shaping the demand for baby food products in Guinea.

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.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.