The Europe baby infant formula market is expected to reach US$ 10,299.47 million by 2027 from US$ 7,766.00 million in 2019. The market is anticipated to grow at a CAGR of 3.9% from 2020 to 2027. Growing focus on infant care & nutrition and increase in number of working mothers drive the market growth. However, stringent regulations related to infant food limit the growth of the Europe baby infant formula market.
Europe baby infant formula market is a specially formulated food for babies and infants, typically from birth to 36 months. It’s available in various types, including standard infant milk, follow-on milk, growing-up milk, and specialty baby milk. These formulas are enriched with essential vitamins, minerals, and iron crucial for a baby’s healthy development.
Often recommended by doctors or child nutritionists as a substitute for breast milk, these processed baby food products offer a nutritious and convenient feeding solution. This convenience makes them particularly appealing to working parents, especially mothers returning to their jobs after childbirth. Furthermore, evolving lifestyles, a growing middle class, and increased disposable income and purchasing power in economies like Germany, the UK, and France are all expected to drive the growth of the baby infant formula market in the coming years.
Impact of COVID-19 Pandemic on the Europe baby infant formula market
The COVID-19 pandemic, which originated in Wuhan, China, in December 2019, rapidly spread globally, significantly impacting economies and industries worldwide through lockdowns, travel restrictions, and business closures. In Europe, the food & beverages industry faced severe consequences due to this pandemic, primarily stemming from supply chain disruptions and office shutdowns. This overall market downturn caused by the COVID-19 crisis has negatively affected the growth of the baby infant formula market in the region.
Europe Baby Infant Formula Market Segmentation
Europe baby infant formula market By Product Type
- Starting Milk Formula
- Follow-on Milk Formula
- Toddlers Milk Formula
- Special Milk Formula
Europe baby infant formula market By Product Category
- Organic
- Non-organic
Europe baby infant formula market By Distribution Channel
- Hypermarkets and Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Europe baby infant formula market By Country
- Germany
- France
- Italy
- Spain
- UK
- Netherlands
- Poland
- Austria
- Switzerland
- Sweden
- Denmark
- Czech Republic
- Luxembourg
- Russia
- Ireland
- Hungary
- Portugal
- Rest of Europe
Europe baby infant formula market Company Profiles
- FrieslandCampina
- Danone SA
- Nestle SA
- Reckitt Benckiser Group plc
- DANA DAIRY GROUP
- HiPP
- Holle baby food AG
- AUSNUTRIA B.V
- Field Roast
- CREMILK GmbH
Europe baby infant formula market Strategic Insights
Strategic insights for the Europe baby infant formula market provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Europe baby infant formula market Regional Insights
The geographic scope of the Europe baby infant formula market refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights