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Prepared Baby Food - Thailand

Thailand
  • Revenue in the Prepared Baby Food market amounts to US$18.20m in 2024. The market is expected to grow annually by 5.64% (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$0.25 are generated in 2024.
  • In the Prepared Baby Food market, volume is expected to amount to 2.01m kg by 2029. The Prepared Baby Food market is expected to show a volume growth of 4.3% in 2025.0.
  • The average volume per person in the Prepared Baby Food market is expected to amount to 0.0kg in 2024.

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.

For more information on the displayed data, use the info button right next to the boxes.

In-Scope

  • Ready-to-eat baby meals, such as HiPP baby food jars and instant meals

Out-Of-Scope

  • Homogenized fruit and vegetable preparations not exclusively intended for babies
  • Milk and infant formula, such as Nestlé LACTOGEN 1 Infant Formula Powder
  • Baby cereals, such as Nestlé Cerelac
  • Baby snacks, such as snack bars and baked snacks
  • Out-of-home consumption

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

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Prepared Baby Food market in Thailand has seen slow growth due to factors such as low birth rates and cultural preference for homemade meals. Despite this, increasing health consciousness and busy lifestyles are driving demand for convenient, pre-packaged baby food options, leading to a modest growth in the market.

Customer preferences:
The growing demand for convenience and time-saving solutions has fueled the popularity of prepared baby food in Thailand. In addition, the rising number of working mothers and busy lifestyles have led to a shift towards pre-packaged baby food options. Furthermore, there is a growing preference for organic and natural baby food products, driven by the increasing awareness of the importance of a healthy and balanced diet for infants. This trend is expected to continue as consumers become more conscious about the ingredients and sourcing of their food choices.

Trends in the market:
In Thailand, the Prepared Baby Food Market within the Baby Food Market is experiencing a surge in demand for organic and all-natural options. This trend is expected to continue as more parents prioritize healthy and sustainable food choices for their children. In addition, there is a growing preference for convenience and time-saving solutions, leading to a rise in the use of online delivery services for baby food products. These trends present opportunities for industry stakeholders to expand their product offerings and tap into the growing market for healthier and more convenient baby food options.

Local special circumstances:
In Thailand, the Prepared Baby Food market is heavily influenced by the country's warm and humid climate, which creates a demand for shelf-stable and easily digestible options. Additionally, cultural preferences for fresh and natural ingredients drive the popularity of brands that use locally sourced produce. The government's strict regulations on food safety and labeling also play a significant role in shaping the market, ensuring that products meet high standards for quality and nutrition.

Underlying macroeconomic factors:
The Prepared Baby Food Market of the Baby Food Market within The Food market is heavily influenced by macroeconomic factors such as consumer spending patterns, population growth, and government policies. In countries with a growing middle class and rising disposable incomes, there is an increasing demand for convenience and healthy food options, leading to a higher demand for prepared baby food products. Additionally, government initiatives to promote healthy eating habits and improve child nutrition are also contributing to the growth of the prepared baby food market. On the other hand, economic downturns and currency fluctuations can negatively impact consumer purchasing power and affect the overall performance of the market.

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.

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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