The Europe Baby Food Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 386.9 Kilo Tonnes, showcasing a growth of 5.9% (2019-2022).
With more parents working outside the home, there is a growing need for convenient and easily prepared food. Products such as jarred food, pouches, and ready-to-eat snacks cater to the busy lifestyles of dual-income households. Because people today don't have time to do housework, they are switching to these ready-made products that are quick, easy to make, and full of nutrients.
This business field is likely to grow because it saves women time and helps them balance their work and personal lives while they tend to their homes. The food needs of children are the most important thing for any woman. When it pertains to working women, they choose ready-made foods, which is helping this business grow. The market will grow as food companies spend more on better quality and cheaper organic products. Manufacturers have put in more effort to come up with new ideas for food, as well as new ways to package it and use e-commerce platforms to help sell more.
The increased demand for these in various European nations can be attributed to several key factors shaping consumer preferences and market dynamics. One prominent driver is the growing emphasis on health and wellness among parents and caregivers. Across Europe, there is a heightened awareness of the critical role that nutrition plays in early childhood development. This awareness has translated into a surge in demand for these that are not only convenient but also align with health-conscious choices. Therefore, all these factors propel the growth of the market.
The Germany market dominated the Europe Baby Food Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,971.7 million by 2030. The UK market is exhibiting a CAGR of 4.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.4% during (2023 - 2030).
Based on Category, the market is segmented into Conventional, and Organic. Based on Product Type, the market is segmented into Milk formula, Dried Baby Food, Prepared Baby Food, and Others. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Drugstores/Pharmacies, Online Channels, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Baby Food Market will Hit $110.7 Billion by 2030, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Asahi Group Holdings Ltd., Perrigo Company PLC, Nestle S.A, Danone S.A., The Hain Celestial Group, Inc., Royal FrieslandCampina N.V., Sun-Maid Growers of California, Bristol Myers Squibb Company, Hero Group, and Bellamy’s Organic LLC
By Category (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
By Product Type (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
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