Finland Baby Food, 2021

Finland Baby Food, 2021

  • April 2021 •
  • 126 pages •
  • Report ID: 6072910 •
  • Format: PDF
Finland Baby Food, 2021

“Finland Baby Food, 2021” is an analytical report which provides extensive and highly detailed current and future market trends in the Finalnd market.

Finland registered a sharp decline in births from 2010-2019. However, births increased slightly in 2020 to reach 46,452.The Finnish baby food sector grew from €84.5 million (US$112.1 million) in 2014 to €86.1 million (US$96.2 million) in 2020, registering a CAGR of 0.3%.Baby meals held 63% of value sales (and over three quarters of volume sales) in 2020, followed by baby milks with a 20% share, and baby cereals & dry meals with 17.1% . Although the impact of COVD-19 was severe in 2020, it was nonetheless less disastrous compared to the other larger European economies. In 2020, the country’s GDP dropped by 3.6%. The contraction was primarily due to lower private consumption, reduced investments, and declining exports resulting caused by COVID-19 pandemic.

Finland’s economy is forecast to increase by 3.2 in 2021, and by 1.2% in 2022

What else does this report offer?
- Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.
- Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.
- Market profile of the various product sectors with the key features & developments, segmentation, per capita trends and the various manufacturers & brands.
- Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.
- Future projections considering various trends which are likely to affect the industry.

- The Finnish baby food sector held 1.8% share in both value and volume terms in 2019
- Since 2011, the baby population in Finland has decreased annually
- Danone Group was the leading company in the baby milks category in both value and volume terms in 2020
- Spain, Denmark, and Sweden together supplied over three-quarters of milks and cereals to the Finnish market in 2019

Reasons to Buy
- Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
- Analyse current and forecast behavior trends in each category to identify the best opportunities to exploit.
- Detailed understanding of consumption by individual product categories in order to align your sales and marketing efforts with the latest trends in the market.
- Investigates which categories are performing the best and how this is changing market dynamics.

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