Market research on the industry for dairy products and alternativ...
Market research on the industry for dairy products and alternatives. Standardised and cross-comparable statistics including total market sizes, brand shares, distribution and industry trends.​ Insight and data cover baby food, butter and spreads, che...
Mengniu is the fifth largest dairy player in the world, with significant sales of dairy products in China. The company has benefited from market momentum after the COVID-19 pandemic, as dairy products – especially drinking milk – are believed to be…
Kraft Heinz Co ranked sixth in the global dairy products and alternatives industry in 2022, focusing mainly on the US market. To strengthen its position in the market, the company is implementing a transformation strategy. It is renovating its…
As an international leader in dairy, Danone has achieved sustained value growth in the face of challenging economic conditions. It has demonstrated resilience by introducing innovations across its core categories, while its yoghurts performed well in…
Nestlé has an established leadership of baby food in India, as it is synonymous with trust and assurance of quality. Nestlé’s leading brand Cerelac has been at the forefront of development, with a greater focus on creating variants of dried baby food…
Yili is the fourth largest dairy player in the world, with the majority of sales in China, also with presence in Asia Pacific countries such as Singapore, Uzbekistan, etc. The company has experienced steady growth in recent years. Key drivers include…
Retail volume sales growth of baby food in Algeria has slowed slightly in 2024 due to increasing consumer price sensitivity. Indeed, due to surging inflation and declining purchasing power, a growing number of Algerian mothers tend to give family…
In both powder and liquid milk formulas, volume sales declined substantially in Argentina in 2024. Over the review period, milk formula prices increased well above average inflation rates; consequently, these products became too costly for many…
Despite high prices and pressure on consumer purchasing power, baby food registered only marginal volume decline in Belgium over 2024. The solid performance was largely underpinned by rising birth rates, which picked up in 2023 and 2024. Food…
Since peaking in 2016, China’s birth rate has been seeing a continuous decline, dropping below 10 million for the first time in 2022, and only 9.02 million births recorded in 2023. Although the decline in 2023 was slightly less steep compared with…
The market for baby food in Italy is set to see a significant decline in retail volume terms in 2024, in the context of a continued fall in the country’s birth rate. This can be attributed to a number of factors, including ongoing economic…
In 2024, milk formula is expected to grow in Japan in retail current value terms, due to price rises seen in 2023, which have continued in 2024, caused by the rising costs of dairy raw materials, packaging, and energy. For example, Meiji Co Ltd and…
Baby food in Bolivia heavily relies on imports due to a lack of local production, particularly in milk formula products. However, inflationary trends resulting from the domestic context of de-dollarisation have led to rising average import prices in…
The negative demographic trend continues to adversely impact baby food sales in Bosnia and Herzegovina in 2024. All categories experience moderate negative growth in retail volume terms, with the exception of prepared baby food, which manages to grow…
In 2024, baby food in Austria is projected to record a slight drop in retail volume sales (tonnes) and a moderate increase in retail current value sales. This performance is underpinned by higher average unit prices and a still relatively high, if…
While constant value sales of baby food are expected to be unchanged in Azerbaijan in 2024, volume sales are expected to fall. Less births continue to impact volume sales, as the pandemic dampened the birth rate, due to the cancellation of weddings.…
Baby food in Bulgaria developed positively in 2024 both in volume and current value terms, mainly due to growing consumer awareness about the benefits of industrial baby food in terms of the nutritional value they offer babies and the convenience…
Retail value and volume sales in baby food remain in a slump in France in 2024, which is mostly attributed to the sluggish birth rates in the country alongside overall inflationary pressures resulting in lower consumer spending power. Added to which,…
Milk formula continues to face significant challenges in 2024 due to declining birth rates in Georgia. Over the past three years, birth rates have been on a consistent downward trend, particularly affecting the standard milk formula category. This…
Milk formula in Hong Kong is experiencing a significant shift in consumer dynamics, resulting in stagnant retail sales and demand. Prior to the pandemic, mainland Chinese tourists were the dominant force, contributing approximately 70% of total…
The baby food market in Indonesia is expected to remain static in retail volume terms in 2024, continuing the trend of the previous year. Growth is being impacted by the rising trend of breastfeeding in the country, which has had a negative impact on…