LAMEA Baby Food Market

LAMEA Baby Food Market Size, Share & Industry Trends Analysis Report By Category, By Product Type (Milk formula, Dried Baby Food, Prepared Baby Food, and Others), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18514 Publication Date: November-2023 Number of Pages: 154
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Market Report Description

The Latin America, Middle East and Africa Baby Food Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 239.7 Kilo Tonnes, showcasing a growth of 10.0% (2023-2030).

Food made for babies is a soft mix of fruits, veggies, and cereals given to kids from four months to two years old. Because it has important nutrients that help babies grow, it is an excellent alternative to breast milk. At these ages, babies don't have the muscles or teeth to eat properly yet, so this is their primary source of calories. Over the years, parents have switched to prepared foods because they are easier to use and healthier.

As a result of the retail sector's growth and development, more is expected to be sold overall. These are places like distribution hubs, pharmacies, grocery stores, convenience stores, online channels, and others. The main drivers of the market are more people living in cities and more organized store marketing activities. There will also be more demand for these because infant mortality rates are going down, more women are going to work, and more people are learning about new items.

Governments in Latin America often collaborate with organizations, like the World Health Organization (WHO) and UNICEF, to align their policies and initiatives with standards for infant nutrition. This collaboration enhances the exchange of knowledge and best practices. One of the ideal regions for the market to do business is Latin America. Brazil, Argentina, Chile, and Venezuela are the major countries that have made a significant impact on the growth of the market.

The Brazil market dominated the LAMEA Baby Food Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,576.1 million by 2030. The Argentina market is showcasing a CAGR of 9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Baby Food Market is Projected to reach USD 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

Scope of the Study

Market Segments Covered in the Report:

By Category (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

  • Conventional
  • Organic

By Product Type (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

  • Milk formula
  • Dried Baby Food
  • Prepared Baby Food
  • Others

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

  • Supermarkets/Hypermarkets
  • Drugstores/Pharmacies
  • Online Channels
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • 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
  • Bellamy’s Organic LLC
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