Egypt Baby Food Market Forecasted to Expand at 13% CAGR By 2027
The Egypt Baby Food Market is expecting around 13% CAGR during 2022-27, cites MarkNtel Advisors in their recent research report. The rapidly increasing population of infants and growing awareness among parents about the benefits & availability of nutritional food products are the prime aspects driving the growth of the Baby Food Market in Egypt.
In addition, active participation of leading manufacturers in introducing an extensive range of baby food based on different nutritional values, composition & content, and flavors, among other varieties, for the babies entwined with growing affordability due to improving per capita income of people are other crucial aspects likely to stimulate the market growth during the forecast period.
Moreover, an escalating number of working women with no time for home administration, like food preparation & cooking, is also displaying a growing inclination toward buying baby food. It, in turn, would further boost the market in the coming years, further states the research report, “Egypt Baby Food Market Analysis, 2022.”
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Market Segmentation:
- By Types (Milk Formula, Baby Cereals, Baby Snacks, Beverages)
- By Age (0-6 Months, 6-12 Months, 12-24 Months)
- By Nature of Food (Inorganic, Organic)
- By Region (Region 1, Region 2, Region 3)
- By Sales Channel (Online, Hypermarket/Supermarket, Independent Grocers, Health & Beauty Specialist Retailers)
- By Companies (Nestlé, Danone Groupe, Hero Group, Fasska, Riri Co., Liptis Nutrition Ltd., Ninolac International SA., Abbott Laboratories)
Growing Awareness about the Benefits of Organic Baby Food to Drive the Market
Based on Nature of Food, Organic Food is anticipated to dominate the Egypt Baby Food Market with the largest share during the forecast period. It owes principally to the escalating population of infants suffering from malnutrition, which require extra nutrition in food, coupled with the mounting awareness about the benefits of feeding organic food to babies.
Moreover, the easy availability & affordability of baby food entwined with stringent regulations by the government for baby food manufacturers to maintain high nutritional value in the food are other crucial aspects projected to augment the demand for organic food, and, consequently, drive the market in the coming years, reveals MarkNtel Advisors in their research report, "Egypt Baby Food Market Analysis, 2022."
Competitive Landscape
According to MarkNtel Advisors, the leading players in the Egypt Baby Food Market are Nestlé, Danone Groupe, Hero Group, Fasska, Riri Co., Liptis Nutrition Ltd., Ninolac International SA., and Abbott Laboratories.
Key Questions Answered in the Study
- What are the current & future trends in the Egypt Baby Food Market?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping across Egypt, followed by their comparative factorial indexing?
- What are the key growth drivers & challenges for the Egypt Baby Food Market?
- What are the customer orientation, purchase behavior, & expectations from baby food manufacturers across Egypt?
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