Belgium Baby Food Market Analysis, Size, Share, Trend and Forecast 2030

The latest report by MarkNtel Advisors, titled “Belgium Baby Food Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Belgium Baby Food Market Share, Size, and Industry Analysis. By Food Category (Milk Formula, Prepared Baby Food, Dried Baby Food, Other Baby Food), By Type of Milk Formula (Standard Milk Powdered Formula, Follow-on Milk Powdered Formula, Growing-up Milk Formula, Special Baby Milk Formula), By Nature (Inorganic Baby Food, Organic Baby Food), By Age Group (0-6 Months, 6-12 Months, 12+ Months), By Distribution Channel (Offline [Hypermarkets/ Supermarkets, Pharmacies & Drug Stores, Convenience Stores], Online), By Region (The Brussels Capital Region, The Flemish Region, The Walloon Region). The Belgium Baby Food Market size is projected to grow at a CAGR of around 2.8% during the forecast period, i.e., 2024-30.

Key Highlights of the Market Report:

Detailed overview of the market share
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Belgium Baby Food Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising market growth

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Belgium Baby Food Market Challenge:

Declining Birth Rate Impeding the Market Growth – The birth rate in Belgium is gradually dropping year by year due to factors like changing demographics, lifestyle changes, and economic factors like the high cost of living. This would result in a decrease in the number of infants and young children in the population and as a result, the demand for infant food items may decline, which would hamper the sales of baby food products during the forecast period. As per the Belgian Statistical Office Statbel’s 2022 report, the number of births in the country fell by 2.9% in 2020 compared to 2019.

Similarly, in 2022, approximately 113,800 births were provisionally recorded in the country which was almost 2,800 fewer than in the period 2018-2021 and a decrease of 2.4%. Furthermore, the country has a huge number of individuals aged above 65 years owing to which the fertility rate of Belgium would decline during the coming years. This decline in fertility rate would have a significant negative impact on birth rates, which subsequently would reduce the demand for baby food products during the forecast period.

Belgium Baby Food Market Segmentation

By Food Category

-Milk Formula - Market Size & Forecast 2019-2030F, Thousand Tons

-Prepared Baby Food- Market Size & Forecast 2019-2030F, Thousand Tons

-Dried Baby Food - Market Size & Forecast 2019-2030F, Thousand Tons

-Other Baby Food - Market Size & Forecast 2019-2030F, Thousand Tons

By Type of Milk Formula

-Standard Milk Powdered Formula- Market Size & Forecast 2019-2030F, Thousand Tons

-Follow-on Milk Powdered Formula - Market Size & Forecast 2019-2030F, Thousand Tons

-Growing-up Milk Formula- Market Size & Forecast 2019-2030F, Thousand Tons

-Special Baby Milk Formula- Market Size & Forecast 2019-2030F, Thousand Tons

By Nature

-Inorganic Baby Food- Market Size & Forecast 2019-2030F, Thousand Tons

-Organic Baby Food- Market Size & Forecast 2019-2030F, Thousand Tons

By Age Group

-0-6 Months- Market Size & Forecast 2019-2030F, Thousand Tons

-6-12 Months- Market Size & Forecast 2019-2030F, Thousand Tons

-12+ Months- Market Size & Forecast 2019-2030F, Thousand Tons

By Distribution Channel

-Offline - Market Size & Forecast 2019-2030F, Thousand Tons

--Hypermarkets/ Supermarkets- Market Size & Forecast 2019-2030F, Thousand Tons

--Pharmacies & Drug Stores- Market Size & Forecast 2019-2030F, Thousand Tons

--Convenience Stores- Market Size & Forecast 2019-2030F, Thousand Tons

-Online- Market Size & Forecast 2019-2030F, Thousand Tons

By Region

-The Brussels Capital Region

-The Flemish Region

-The Walloon Region

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Major Key Players in Belgium Baby Food Market research report:

Hain Celestial Group Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Holle Baby Food GmbH

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Joannusmolen BV

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Zonnatura BV

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

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