Australia Baby Food, 2021 Update - Market Size by Categories, Consumer Behaviour, Trends and Forecast to 2026

November 2021 •
147 pages •
Report ID: 6183607 •
Format: PDF

Summary
Table of contents
Search Inside

Australia Baby Food, 2021 Update - Market Size by Categories, Consumer Behaviour, Trends and Forecast to 2026

Summary
“Australia Baby Food, 2021 Update” is an analytical report which provides extensive and highly detailed current and future market trends in the Australian market.

The total number of live births in Australia recorded a marginal 1.5% decrease during 2014-2020. However, the forecast increment in number of live births over 2020-2026 translates into a bigger total addressable market for baby foods. The baby food sector recorded a value CAGR of 1.96% during 2014-2020. There has been little change in the competitive landscape during 2014-2020 with Danone, PZ Cussons, and the a2 Milk Company remaining in the lead in 2020, far ahead of the competition in both value and volume terms. Danone led the baby food sector in value terms in 2020. The market is centered on milks in 2020; both in value and volume terms, the milks was the largest category in Australia’s baby food sector. The hypermarkets & supermarkets channel contributed the bulk of baby food sales, accounting for over 78% of overall sector values in 2020. The COVID-19 outbreak has intensified the country’s economic issues and as a result reported a GDP decline of 4.1% in 2020. Overall volume sales in the sector are forecast to expand marginally over 2020-2026 in volume terms, with value sales rising nearly by 3.9% CAGR. The baby finger foods category is expected to experience the highest value sales growth, reflecting a CAGR of 5.73% during 2020-2026. Similarly, the milks category is forecast to increase at a CAGR of 3.94% over the same period.

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.

Scope
- The baby milks category grew from A$224.7 million (US$202.5 million) in 2014 to A$264.4 million (US$183.3 million) in 2020, registering a CAGR of 2.75%. Baby milks accounted for highest share of the overall baby food sector, amounting to 58.6% in value terms, in 2020
- Per capita consumption of cereals decreased by 8.4% from 2014 to 2020. The average intake per baby (aged 0-3 years) stood at 0.5 kg in 2020, compared to 0.6 kg in 2014
- Per capita consumption of baby meals among babies (aged 0-3 years) stood at 10 kg in 2020, compared to 11.4 kg in 2014
- The baby finger foods category grew from A$38.4 million (US$34.6 million) in 2014 to A$45.5 million (US$31.5 million) in 2020

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.

Ahmad helps you find the right report:

+1 718 618 4302
Contact by email

FAQ

Testimonials

The market research advisor answered my questions quickly and professionally. ReportBuyer's team did their best to ensure that I felt comfortable before making the investment to purchase the report.

Cristian Nunez

Director of Corporate Development Chugach Alaska Corporation

My overall experience with ReportBuyer today has been very positive, and I must thank you for your patience (...). Also, the sample you sent me and the explanations provided were very helpful.

D. Lescuyer

Executive Vice President Oral Business at Skyepharma

The research specialist was very helpful, and proposed the best content for my needs. ReportBuyer also offered a great follow-up, thanks for everything !

P. Thompson

EMEA Managing Director

We were satisfied with the support that ReportBuyer's team provided. Thanks to their recommendations, the report we purchased provided exactly what we want.

Y. Wang

Business Analyst

We didn't have time to do the research internally, and thanks to ReportBuyer's team we were able to find the appropriate data.

S. Chen

Research Coordinator

I was impressed by the customer service: it was fast, responsive, and 100% professional !

D. Krivan

Market Research Analyst

The research specialist provided prompt and helpful service. He also followed up to ensure I had all the information to deliver my business development plan.

C. Adams

Senior Business Development Manager