Market Overview:
The Europe baby food and infant formula market size reached US$ 9.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 9.8 Billion |
Market Forecast in 2032
|
US$ 15.1 Billion |
Market Growth Rate 2024-2032 |
4.8% |
Baby food and infant formula refer to the soft and easy to consume food products for infants and toddlers. They consist of milk protein-based ingredients and serve as a substitute for breast milk for babies under the age of 12 months. It is manufactured using mashed vegetables, fruits and cereals and is commonly available in milk formula, prepared and dried baby food variants. They are a rich source of numerous nutrients, such as vitamins, carbohydrates, linoleic acid, prebiotics and fats. Baby food and infant formula aid in the overall development and provide adequate nourishment to the child. Additionally, as infants lack teeth for chewing, these products act as the primary source of nutrition.
The European baby food and infant formula market is primarily being driven by the increasing female working population and hectic schedules of the consumers. They are widely adopting baby food products to provide a healthy and nutritious diet to the child. Moreover, various product innovations, such as the launch of organic cereal-based baby food and infant formula, are providing a thrust to the market growth. These products are free from synthetic chemicals, fertilizers and pesticides. In line with this, the implementation of favorable government initiatives to increase awareness regarding baby food products is positively impacting the market growth. Other factors, including the increasing brand endorsements on social media platforms and rising expenditure capacities of the consumers, are anticipated to drive the market toward growth across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe baby food and infant formula market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on type and distribution channel.
Breakup by Type:
- Milk Formula
- Dried Baby Food
- Prepared Baby Food
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Pharmacies
- Convenience Stores
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Type, Distribution Channel, Country |
Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe baby food and infant formula market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe baby food and infant formula market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe baby food and infant formula market and who are the key players?
- What is the degree of competition in the industry?