Prepared Baby Food - Suriname

Suriname

Highlights

Revenue in the Prepared Baby Food market amounts to US$1.29m in 2024. The market is expected to grow annually by 5.49% (CAGR 2024-2029).
In global comparison, most revenue is generated Russia (US$3bn in 2024).
In relation to total population figures, per person revenues of US$2.04 are generated in 2024.
In the Prepared Baby Food market, volume is expected to amount to 135.80k kg by 2029. The Prepared Baby Food market is expected to show a volume growth of 3.0% in 2025.0.
The average volume per person in the Prepared Baby Food market is expected to amount to 0.2kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Prepared Baby Food market in Suriname has seen minimal growth due to factors such as low awareness among consumers and limited availability of online services. Despite this slow growth rate, the market shows potential for expansion in the future.

Customer preferences: In Suriname, the Prepared Baby Food Market of the Baby Food Market within The Food market has seen a rise in demand for organic and natural baby food products. This trend is largely driven by the growing health-consciousness among parents who are increasingly looking for healthier and safer options for their babies. Additionally, with the rise of working mothers and busy lifestyles, there is a growing demand for convenience and ready-to-eat baby food options, leading to a surge in sales of prepared baby food products in the market.

Trends in the market: In Suriname, the Prepared Baby Food Market of the Baby Food Market within The Food market is experiencing a shift towards healthier and more organic options. This trend is driven by increasing awareness about the benefits of organic food for babies and the rising demand for all-natural ingredients. As a result, more companies are introducing organic and natural baby food products to meet this demand. Moreover, there is a growing preference for convenient and on-the-go options, leading to the development of new packaging and delivery methods. These trends are expected to continue, creating opportunities for industry stakeholders to tap into the growing demand for organic and convenient baby food products.

Local special circumstances: In Suriname, the Prepared Baby Food Market of the Baby Food Market is influenced by the country's diverse cultural makeup. With a blend of indigenous, African, Indian, and Indonesian cultures, the market offers a variety of flavors and ingredients in its baby food products. Additionally, Suriname's tropical climate and abundance of fresh produce contribute to the availability of locally sourced, organic baby food options. The market is also subject to strict regulations, ensuring the safety and quality of products for its consumers. These unique factors create a market that caters to the diverse needs and preferences of Surinamese families.

Underlying macroeconomic factors: The Prepared Baby Food Market of the Baby Food Market within The Food market is influenced by macroeconomic factors such as consumer spending, population growth, and government policies. As global economic trends continue to evolve, there is an increasing demand for convenient and nutritionally balanced baby food products. In Suriname, favorable economic conditions, along with government initiatives to improve healthcare infrastructure, are driving market growth. Additionally, the rising number of working mothers and changing dietary preferences are further fueling the demand for prepared baby food in the country. However, economic instability and currency fluctuations can pose challenges for market players in Suriname.

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.