Nigeria Baby Food Market Driven by Increased Competition among Baby Food Manufacturers and Introduction Of Different Product Variants, Organic Brands: Ken Research
Nigeria Baby Food Market Driven by Increased Competition among Baby Food Manufacturers and Introduction Of Different Product Variants, Organic Brands: Ken Research
“Increasing disposable income and increasing awareness for infant nutrition among parents have pushed the penetration of the Baby Food Market in Nigeria.”
Analysts at Ken Research in their latest publication “Nigeria Baby Food Market Outlook to 2023 – By Milk Formulae (Standard, Follow-On, Growing-Up Milk Formula), Dried Baby Food (Cereal Based and Others -Meat/Fish, Fruits & Vegetable and Nuts), Prepared/ Ready to Eat Baby Food and Other Baby Food; By Organic Baby Food; By Channel (Supermarkets, Independent Small Grocers, and Online” believe that with an escalating awareness among the Nigerian parents to provide nutritious and healthy food to their babies, availability of baby food products in various packaging and price points, expansion in distribution channel network thorough offline and online stores have impacted a positive growth in the demand of baby food in Nigeria. The market has witnessed a positive CAGR of 9.5% in terms of revenue during the forecasted period 2013-2018.
Growth Potential: The baby food market in Nigeria has experienced an increase in its market value owing to increase in birth rate and increasing disposable income of the people in the country. It was witnessed that awareness regarding baby nutrition among Nigerian parents have increased and now they prefer to purchase baby food products with natural ingredients which are healthier alternative compared to processed foods. As a result, the popularity/awareness for organic baby food has increased over the past few years in the country. Few parents have also begun taking recommendations from health workers which has significantly influenced their purchasing decision.
Government Regulation: The government of Nigeria is emphasizing on breast feeding practices in the country to raise awareness and increase the percentage of infants being breastfed in the country to improve overall infant health. The government is also implementing policies such as 6 months leave for the mothers and by celebrating “World Breastfeeding Week” from August 1st to August 7th to encourage breastfeeding in order to improve the health of the babies. The milk formula companies have been strictly discouraged from partnership with major medical bodies such as the Pediatric Association of Nigeria (PAN), as this is seen as a form of coercion for them to endorse the product.
Competition: In Nigeria, the major players are Nestle, Friesland Campina, Danone, Nutrimental, Abbott, Promasidor, Kraft Heinz, Plum Organics, August Secrets, Baby Grubz, Tiger Brand and others. The companies have a stiff competition amongst each other and compete on the parameters such as type of product, the targeted regions, and the distribution channel and product price. Few local manufacturers have entered the market and have started to focus on organic baby food product segment specifically in the dried and prepared baby food segment.
Keywords:-
Nigeria Baby Food Market
Nigeria Baby Food Market Revenue
Nigeria Baby Food Online Sales
Nigeria Milk Formula Market
Nigeria Baby Food Sales Market
Nigeria Dried Baby Food Market
Nigeria Prepared Baby Food Sales
Nigeria Organic Baby Food Market
Nigeria Inorganic Baby Food Market
Nigeria Dry Baby Food Market
Nigeria Prepared Baby Food Market
Promasidor Nigeria Baby Food Revenue
Value Chain Analysis Nigeria Baby Food
Trends Baby Food Market Nigeria
Issues Challenges Nigeria Baby Food Market
Regulations Nigeria Baby Food Market
SWOT Analysis Nigeria Baby Food Market
Major Players Nigeria Baby Food
Nigeria Baby Food Future Projections
Key Segments Covered:-
By Food Category:
Dried Baby Food
Cereal Based
Others -Meat/Fish, Fruits & Vegetable and Nuts
Milk Formula
Standard Milk Formula
Follow-On Milk Formula
Growing-Up Milk Formula
Prepared Baby Food
Other Baby Food
By Distribution Channel:-
Traditional Retailers & Grocers
Supermarkets
Internet Retailing
By Ingredient:-
Inorganic
Organic
By Regions:-
South West
South East
South South
North Central
North West
Key Target Audience:-
Baby Food Manufacturers
Baby Product Distributors
Baby Food Distributors
Government Agencies
Baby Food Retailers
NGOs supporting Baby Health
Pharmaceutical Stores
Online Sales and Retailing Agencies
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Companies Covered:-
Nestle
Friesland Campina
Danone
Nutrimental
Abbott
Promasidor
Kraft Heinz
Plum Organics
August Secrets
Baby Grubz
Tiger Brand
For more information, refer to below link:-
Nigeria Baby Food Market
Related Reports:-
Turkey Baby Food Market Outlook to 2023 - By Infant Milk Formulae (Standard, Follow-On, Growing-Up and Special Baby Milk Formula), Dried Baby Food, Prepared Baby Food, Milk Formula and Other Baby Food; Organic Baby Food
Australia Baby Food Market Outlook to 2023 - By Type (Dried Baby Food, Prepared Baby Food, Milk Formula and Other Baby Food), By Organic Baby Food), By Region and By Channels of Distribution
Egypt Baby Food Market Outlook to 2023 – By Food Category (Milk Formula - (Standard Formula, Follow-on Formula, Growing-up Formula and Special Baby Milk Formula, Dried baby food and Prepared Baby Food) and by Distribution Channel (Health and Beauty Stores, Supermarkets, Independent Small Grocers, Hypermarkets, Convenience Stores and Online Sales)
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249