Baby Food - Nepal | Statista Market Forecast

Revenue in the Baby Food market amounts to US$71.78m in 2024. The market is expected to grow annually by 6.66% (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$2.30 are generated in 2024.
In the Baby Food market, volume is expected to amount to 6.71m kg by 2029. The Baby Food market is expected to show a volume growth of 4.4% in 2025.0.
The average volume per person in the Baby Food market is expected to amount to 0.2kg 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.

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 in Nepal is experiencing slow growth due to factors such as low birth rates, high prices of imported products, and lack of awareness about the importance of proper nutrition for infants. However, the market is expected to see a rise in demand for organic and locally sourced products, driven by increasing health consciousness among parents. Additionally, the convenience offered by online shopping platforms and the growing popularity of homemade baby food are also expected to contribute to the market's growth in the future.

Customer preferences: With the growing awareness and emphasis on healthy and organic food options, there has been a rise in demand for natural and homemade baby food products in Nepal. This trend is driven by a shift towards more sustainable and environmentally friendly options, as well as a preference for locally sourced ingredients. Additionally, with the increasing number of working mothers and busy lifestyles, there is a growing demand for convenient and nutritious baby food options, leading to a rise in the availability of ready-to-eat options in the market.

Trends in the market: In Nepal, the Baby Food Market within The Food market is experiencing a surge in demand for organic and natural baby food products. This trend is driven by increasing awareness among parents about the benefits of organic food for their children's health. As a result, companies are investing in research and development to offer a wider range of organic options. This trajectory is significant as it reflects a shift towards healthier food choices for babies, and has potential implications for industry stakeholders such as manufacturers, retailers, and consumers.

Local special circumstances: In Nepal, the Baby Food Market within The Food market is influenced by the country's unique geographical and cultural factors. The mountainous terrain and remote villages make it difficult to distribute and access baby food products, leading to a preference for homemade options. Additionally, cultural traditions and beliefs surrounding breastfeeding and food preparation also impact the demand for commercially produced baby food. The regulatory environment also plays a role, with strict regulations on the import and sale of baby food products. These factors create a challenging and competitive market for baby food companies in Nepal.

Underlying macroeconomic factors: The growth of the Baby Food market in Nepal is largely influenced by macroeconomic factors like population growth, rising disposable incomes, and increasing urbanization. As the country's economy continues to grow, more consumers are able to afford premium baby food products. Additionally, government initiatives promoting healthy eating habits and a growing awareness of the nutritional benefits of baby food are also driving market growth. However, challenges such as high import costs and limited distribution channels are hindering the market's full potential. Despite these challenges, the market is expected to continue growing due to a growing demand for convenience and nutritionally-rich baby food options in the country.

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.