GCC Baby Food and Infant Formula Market

GCC Baby Food and Infant Formula Market Overview:

The GCC baby food and infant formula market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Infant formula refers to a synthetically produced substitute for breast milk to feed babies under twelve months. On the other hand, baby food is defined as mashed, easily digestible, and soft food that is meant for children up to the age of two years. Some of the most commonly available baby food and infant formula variants include ready-to-feed baby food, dried baby food, and milk formula. These products are vitalized with additives, such as fatty acids, vitamins, and prebiotics, to make them more nutritious. In recent years, baby food and infant formula have gained traction as they fulfil the nutritional requirements of children and enhance their development and physical growth.

One of the primary factors driving the market is the rapid shift toward packaged and convenience food on account of the hectic work schedules and robust expenditure capacities of consumers in GCC countries. Additionally, the growing number of working women and their increasing disposable incomes are creating a positive market outlook. Other than this, rapid modernization is leading to the introduction of niche baby food product categories manufactured using natural ingredients, which are slightly processed and are of high quality. Besides this, parents are nowadays becoming aware about providing a balanced diet to their children. Consequently, with the rising importance of health and nutrition, there has been escalating product demand across the region. Along with this, numerous brand endorsements on social media platforms and easy accessibility of the product are boosting the market growth. Furthermore, extensive investments made by key players in research and development (R&D) activities are strengthening the market growth. Other growth-inducing factors include the increasing instances of child malnutrition, the introduction of camel milk-based infant formula and halal baby foods and the implementation of favorable government policies to promote child health across the region.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC baby food and infant formula market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC baby food and infant formula market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC baby food and infant formula market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC baby food and infant formula market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC baby food and infant formula market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC baby food and infant formula market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC baby food and infant formula market industry. Furthermore, the value chain analysis of the GCC baby food and infant formula market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Baby Food and Infant Formula Market Segment Insights:

The GCC baby food and infant formula market has been analysed as followed:

By Type:

• Milk Formula
• Dried Baby Food
• Prepared Baby Food
• Others

By Distribution Channel:

• Supermarkets and Hypermarkets
• Pharmacies
• Convenience Stores
• Others

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Baby Food and Infant Formula Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC baby food and infant formula market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs