Global Baby Food Market 2024

Baby Food Market Size

The global baby food market stood at $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the global market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Baby Food Production

In value terms, baby food production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, global production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Baby Food Exports

Exports

After two years of decline, overseas shipments of food preparations for infants increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, baby food exports totaled $X in 2022. Overall, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the global exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X tons) and France (X tons) represented the key exporters of food preparations for infantsacross the globe, together generating X% of total exports. It was distantly followed by Ireland (X tons), New Zealand (X tons), Germany (X tons) and Spain (X tons), together mixing up a X% share of total exports. Poland (X tons), Switzerland (X tons), Rwanda (X tons), Mexico (X tons), the United States (X tons), Denmark (X tons) and Singapore (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Rwanda (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest baby food supplier worldwide, comprising X% of global exports. The second position in the ranking was held by New Zealand ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and France (X% per year).

Export Prices by Country

The average baby food export price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Baby Food Imports

Imports

In 2022, approx. X tons of food preparations for infants were imported worldwide; flattening at the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Global imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, baby food imports expanded slightly to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, global imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons), distantly followed by Malaysia (X tons) represented the main importers of food preparations for infants, together creating X% of total imports. The following importers - Poland (X tons), the United States (X tons), Saudi Arabia (X tons), France (X tons), Germany (X tons), the UK (X tons), Italy (X tons), Algeria (X tons), Iraq (X tons), the Netherlands (X tons) and Vietnam (X tons) - together made up X% of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, the United States (X%), Iraq (X%), Poland (X%), the Netherlands (X%), Algeria (X%), Germany (X%), Malaysia (X%) and France (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Vietnam (X%), Italy (X%) and the UK (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the United States, Iraq and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported food preparations for infants worldwide, comprising X% of global imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In China, baby food imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average baby food import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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