Baby Nutrition Insights Market Research Report, Opportunities, Forecast, Leading Players, Growth : Ken Research - PowerPoint PPT Presentation

About This Presentation
Title:

Baby Nutrition Insights Market Research Report, Opportunities, Forecast, Leading Players, Growth : Ken Research

Description:

The Middle East and African countries are not among the most advanced or developed in the world but they are interesting markets for baby food and nutrition. The current Middle East & Africa Baby Food & Infant Formula Market was recently valued at a few billion US Dollars however, it is likely to reach a significant amount in the same units by 2026. – PowerPoint PPT presentation

Number of Views:38
Slides: 8
Provided by: ken001
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: Baby Nutrition Insights Market Research Report, Opportunities, Forecast, Leading Players, Growth : Ken Research


1
  • Analysing Saudi Arabias Success In The Baby
    Nutrition Sector In Middle Eastern And African
    Regions Market Outlook Ken Research

2
  • According to the study, Baby Nutrition Insights
    Issue 35, various countries around the world
    have developments taking place in the baby
    nutrition sector. Countries such as Saudi Arabia,
    Israel, Turkey and the UAE are undergoing major
    changes in their baby nutrition market.
  • The Middle East and African countries are not
    among the most advanced or developed in the world
    but they are interesting markets for baby food
    and nutrition. The current Middle East Africa
    Baby Food Infant Formula Market was recently
    valued at a few billion US Dollars however, it is
    likely to reach a significant amount in the same
    units by 2026. Africa and the Middle East are
    believed to be a cradle for growth of the baby
    food sector because of their trends in population
    growth. By 2050 these regions will be home to
    nearly three and a half billion people which is
    likely to be more than the populations of India
    and China combined. Such an unprecedented boom
    will present challenges as well as opportunities
    for the international community such as that of
    baby food. Countries such as the UAE and Saudi
    Arabia alongside Israel and Turkey are prominent
    markets for baby food. These countries are
    expected to have one of the greatest growth
    rates. Saudi Arabia accounted for the largest
    revenue share in 2017. A possible reason is the
    conservative society of the country and
    increasing employment of women. After Saudi
    Arabia, Turkey is the second largest market for
    baby food in the Middle Eastern region. Turkey is
    believed to hold large potential of growth in the
    infant formula market.

3
  • Africa continues to remain a region plagued by
    malnutrition. Baby food here poses a special
    concern, if the child is not nourished from a
    very young age then it is unlikely that baby food
    will come in the picture. This is because baby
    food, baby cereals and other such products are
    used once breastfeeding is done with however, if
    initial nutrition is hampered then the scope for
    further processes is reduced.
  • Despite these trends the baby food sector in
    Middle East and Africa has been growing rapidly
    with the market being dominated by a few players
    only. Milk formula has been the largest
    contributor to the market followed by the dried
    baby food sector. Saudi Arabia has had a strong
    hold in the baby food industry as it is not only
    the leader but has performed well even in
    recessionary years.

4
  • The country is currently witnessing increasing
    demand for the packaged baby food products. As
    the country liberalizes towards women its working
    women are said to drive the industry of packaged
    baby food due to a busy lifestyle and time
    constraints. Milk formula is the largest revenue
    generator in baby food market in Saudi Arabia.
    The country even seems to be going low on
    breastfeeding tradition and prospering on milk
    formula. The revenues of the milk formula market
    of Saudi Arabia have been increasing at a
    significant rate. Saudi Food Industries Co.
    emerged as the leading player in baby food in the
    country. Nestle SA is also a major player in the
    industry.

5
  • Nido and Cerelac are known for having loyal
    consumers due to their longterm presence in the
    country. Both brands are active on social media
    in order to interact with their consumers and
    aggressive promotions ensure widespread
    availability of products. Major milk formula
    brands that are widely used in the country are
    Wyeth (Nestle), Similac, Aptamil and Bebelac.
  • The Middle East and African regions are
    transforming rapidly with countries such as Saudi
    Arabia paving the way for future developments.
    The country has emerged as one of the hubs for
    baby foods in the region and is currently among
    the most prosperous. The future expectations also
    seem to be in favor of the countrys baby food
    nutrition sector.

6
  • To know more, click on the link below
  • https//www.kenresearch.com/consumer-products-and-
    retail/baby-care/baby-nutrition-insights/150273-95
    .html
  • Related Report-
  • https//www.kenresearch.com/consumer-products-and-
    retail/baby-care/baby-nutrition-insights-issue-25/
    3301-95.html
  • https//www.kenresearch.com/consumer-products-and-
    retail/baby-care/baby-nutrition-insights-issue-30/
    95920-95.html
  • Contact Us
  • Ken Research
  • Ankur Gupta, Head Marketing Communications
  • sales_at_kenresearch.com
  • 91-9015378249

7
(No Transcript)
Write a Comment
User Comments (0)
About PowerShow.com