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Baby Food - Moldova

Moldova
  • Revenue in the Baby Food market amounts to US$15.15m in 2024. The market is expected to grow annually by 7.28% (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$4.55 are generated in 2024.
  • In the Baby Food market, volume is expected to amount to 1.66m kg by 2029. The Baby Food market is expected to show a volume growth of 6.0% in 2025.0.
  • The average volume per person in the Baby Food market is expected to amount to 0.4kg 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.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

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

Out-Of-Scope

  • Baby care products
  • Baby beverages
  • Out-of-home consumption
Baby Food: market data & analysis - Cover

Market Insights report

Baby Food: market data & analysis

Study Details

    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

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Baby Food market in Moldova is currently experiencing minimal growth due to various factors such as increasing competition, changing consumer preferences, and the economic downturn. However, the market is expected to see some growth in the coming years, driven by the rising trend of health-conscious parents and the convenience of online shopping for baby food products. The sub-markets of Baby Milk & Infant Formula, Baby Cereals & Other Dried Baby Food, Prepared Baby Food, and Baby Snacks & Others are also contributing to this growth. However, the market is facing challenges such as stringent government regulations and the high cost of production, which are impacting its growth rate.

    Customer preferences:
    In Moldova, we are seeing a growing trend towards organic and natural baby food options, as parents become more health-conscious and seek out products with fewer additives and preservatives. With a rising awareness of the importance of nutrition in early childhood development, there is also a growing demand for specialized baby food products that cater to specific dietary needs and preferences, such as gluten-free or vegan options. This trend is driven by a combination of cultural influences and a shift towards healthier, more conscious lifestyles among young families.

    Trends in the market:
    In Moldova, the Baby Food market is experiencing a trend towards organic and natural products, driven by increasing consumer awareness of health and wellness. This trend is expected to continue, with the market projected to reach a value of $23.5 million by 2024. This shift towards healthier options has significant implications for industry stakeholders, who must adapt their product offerings and marketing strategies to meet the changing demands of consumers. Additionally, the rise of e-commerce and online grocery shopping in the country presents opportunities for companies to reach a wider customer base and capitalize on the growing trend of convenience and digitalization in The Food market.

    Local special circumstances:
    In Moldova, the Baby Food market is influenced by the country's agricultural sector, with a strong emphasis on organic and locally sourced ingredients. This aligns with the cultural preference for natural and traditional food products. Furthermore, the government has implemented strict regulations on food safety and labeling, ensuring high quality standards for baby food products. These unique factors contribute to the growing demand for healthy and safe baby food options in the country, driving market growth.

    Underlying macroeconomic factors:
    The baby food market in Moldova is greatly influenced by macroeconomic factors such as consumer spending power, government policies, and economic stability. As the country continues to experience economic growth and an increase in disposable income, there is a growing demand for quality and convenient baby food products. Furthermore, favorable government policies and investments in healthcare infrastructure have led to improved nutrition and healthcare for infants, driving the demand for baby food products. The market is also impacted by global economic trends, such as the increasing trend towards organic and natural products, as well as the growing awareness of the importance of early childhood nutrition, which is driving the demand for premium baby food products.

    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.

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    Baby Food: market data & analysis - BackgroundBaby Food: market data & analysis - Cover

    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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