MarkNtel Advisor’s recent report, the Egypt Baby Food Market is projected to grow at a CAGR of around 13% during the forecast period, i.e., 2022-27. The market growth is anticipated to be fueled by a combination of factors, among which the prominent ones include the rising consciousness regarding the numerous advantages of feeding nourishing food to babies and the burgeoning rise in the number of the female working population, who lack time to prepare baby food or breastfeed.
The report further states that other vital factors such as the promptly developing retail sector, the increasing transformation of manufacturers on online platforms, and the intensifying emphasis on making nutrition-rich baby food incorporating constituents, like human milk oligosaccharides (HMOs) & probiotics are aiding in heightening the sales of baby food & fueling the market.
Evaluation of the Egypt Baby Food Market
· By Types (Milk Formula, Baby Cereals, Baby Snacks, and Beverages)
· By Age (0-6 Months, 6-12 Months, and 12-24 Months)
· By Nature of Food (Inorganic and Organic)
· By Region (Region 1, Region 2, and Region 3)
Milk formula attained a sizeable share of the Egypt Baby Food Market in the historical years. Baby food comprised of milk formula has been the top choice among consumers given its high nutritional content and the holding of essential constituents such as protein, iron, and calcium, among others. Furthermore, these baby foods are perfect for newborns facing iron deficiency resulting in their widespread adoption by parents thus causing an increased demand for milk formula-based baby food in Egypt. Moreover, the Baby Food Market offers substantial opportunities to the key players given the aspects mentioned above and the manufacturers & producers are anticipated to provide a wide range of milk formulas & multiply their scalability in the country in the coming years.
The Organic Food segment is likely to attain the highest share of the Egypt Baby Food Market during the coming years. The segment’s growth is majorly attributed to the quickly mounting preference of parents to feed their babies with organic food that is free of artificial flavors, colors, and preservatives and has rich nutritional value. This factor is pushing the manufacturers and producers to bring organic food for the baby into the market and increase their product collection throughout Egypt. Additionally, other prominent factors such as a large number of infants suffering from nutritional deficiency and the growing number of working female population lacking time to prepare food or breastfeed are increasingly opting for organic baby food. These factors altogether are boosting the region’s growth in the Baby Food Market.
Glancing at the Top Market Competitors in the Egypt Baby Food Market
The major companies in the Egypt Baby Food Market include Nestlé, Danone Groupe, Hero Group, Fasska, Riri Co., Liptis Nutrition Ltd, Ninolac International SA, and Abbott Laboratories. These companies have gained the consumer’s trust over the years and have gained a cult market position since baby food is a sensitive topic and parents only rely on top companies for this matter. These companies have a substantial consumer base and hold a significant market share in the industry.
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