Definition:
Prepared baby food is defined as homogenized food that is meant to be consumed by babies. It is created specifically for infants and young children transitioning from milk to solid food. This type of baby food is typically available in jars, pouches, or other containers.
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.
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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: Sep 2024
Source: Statista Market Insights
The Prepared Baby Food Market in the CIS region has seen a minimal growth rate due to factors such as increasing competition, changing consumer preferences, and stricter regulations on food safety. Despite these challenges, the convenience and health benefits offered by prepared baby food continue to drive demand in the market.
Customer preferences: The Prepared Baby Food Market of the Baby Food Market within The Food market has seen a rise in demand for organic and natural options, as parents become more health-conscious and seek out cleaner, less processed food for their infants. Additionally, there has been a growing trend towards plant-based and vegan baby food, as more families adopt these dietary preferences. This shift is driven by a desire for healthier and more sustainable options for their little ones.
Trends in the market: In the CIS region, the Prepared Baby Food Market of 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 growing consumer awareness of the importance of healthy food options for infants and the rise in disposable income. As a result, major players in the industry are investing in expanding their organic and natural product lines to cater to this demand. This trend is expected to continue in the coming years, with potential implications for industry stakeholders such as increased competition and the need for innovative marketing strategies to attract health-conscious consumers.
Local special circumstances: In the CIS region, the Prepared Baby Food Market is influenced by cultural and regulatory factors. For instance, in Russia, the market is driven by the preference for organic and natural baby food options, as well as strict regulations on food safety and labeling. In Kazakhstan, the market is dominated by imported products due to a lack of local manufacturing, while in Belarus, the market is driven by the popularity of traditional homemade baby food. These unique factors shape the market dynamics and consumer preferences in the region.
Underlying macroeconomic factors: The Prepared Baby Food Market of the Baby Food Market within The Food market is heavily impacted by macroeconomic factors such as consumer spending, inflation rates, and government regulations. As the global economy continues to recover from the effects of the pandemic, consumer spending is expected to increase, leading to a rise in demand for convenient and healthy baby food options. Additionally, government regulations and policies promoting food safety and nutrition are expected to drive market growth. Moreover, the increasing birth rates and changing lifestyles of families in developing countries are also contributing to the growth of the Prepared Baby Food Market.
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