Middle East and North Africa Baby Food Industry Outlook to 2017 - Led by Changing Lifestyles and Increased Working Women Population: Ken Research
NEW DELHI, February 10, 2014 /PRNewswire/ --
- The MENA market for baby food escalated at a CAGR of 11.2% during 2007-2012 generating revenues worth USD 800.0 million in 2012
- Saudi Arabia has remained the largest contributor to the revenues of baby food market in MENA, accounting for a 37.0% share in 2012
- The Standard milk formula has been the most popular category of infant formula in Saudi Arabia which accounted for a majority share of 65.1% in the milk formula market in 2012
- Some of the major companies and brands covered are Danone, Nestle, Hochdorf Nutricare, Wyeth Nutrition, RIRI Baby Food Co, Hero Baby, Pino Baby Food, Almarai, Agro Food Industries, Hipp Organic, Gerber Baby, Materna, Teva Nutrilion, Wyeth S-26, Similac, Nestle Nan, Aptamil, Bebelac, Promil Gold, Abott Isomil, Prinouk, Nactalia.
(Logo: http://photos.prnewswire.com/prnh/20131120/654097 )
Ken Research has announced in its report "Middle East and North Africa Baby Food Industry Outlook to 2017 - Led by Changing Lifestyles and Increased Working Women Population", the countries in MENA witnessed relatively high birth rates as compared to western countries which creates a substantial market for baby food products in the region. The baby food market is bifurcated on the basis of product categories which comprises of Milk formula, Dried Baby Food, Prepared Baby Food and Other Baby Food. Amongst the product categories, Infant formula drives the sales of entire baby food market in the region.
"As parents become increasingly aware about the nutritional requirements of their babies, they will prefer only high end products. The increasing market proceeds of the baby foods industry are anticipated to attract a growing number of players who are likely to venture in the market in order to gain substantial share of the profits."- According to the research report.
Saudi Arabia is likely to account for more than 37% of the market revenues owing to its large population base and growing preference for baby food. The rising urbanization and an expanding economy will boost the revenues of baby food market in Saudi Arabia.
Key Topics Covered:
1. MENA Baby Food Industry
- Market Size
- Market Segmentation
- By Geography
- Saudi Arabia
- Israel
- UAE
- Morocco
- Algeria
- Egypt
- Qatar
- By Product Categories
- Milk Formula
- Dried Baby Food
- Prepared Baby Food
- Other Baby Food
- Trends and Growth Drivers
- Future Outlook and Projections
- Company Profiles
2. Saudi Arabia Baby Food Industry
- Market Size
- Market Segmentation
- Major Exporters
- Market Share
- By Standard Milk Formula
- By Follow On Milk Formula
- By Growing Up Milk Formula
- By Dried Baby Food
- By Prepared Baby Food
- By other Baby Food
- Future Outlook and Projections
- Macro Economic Variables
3. Israel Baby Food Industry
- Market Size
- Market Segmentation
- Market Share
- By Milk Formula
- By Prepared Baby Food
- Future Outlook and Projections
- Macro Economic Variables
4. UAE Baby Food Industry
- Market Size
- Market Segmentation
- Market Share
- By Standard Milk Formula
- By Follow On Formula
- By Growing Up Formula
- Future Outlook and Projections
- Macro Economic Variables
5. Egypt Baby Food Industry
- Market Size
- Market Segmentation
- Market Share
- By Standard Milk Formula
- By Follow on Milk Formula
- By Dried Baby Food
- By Prepared Baby Food
- Future Outlook and Projections
- Macro Economic Variables
6. Morocco Baby Food Industry
- Market Size
- Market Segmentation
- Future Outlook and Projections
7. Algeria Baby Food Industry
- Market Size
- Market Segmentation
- Future Outlook and Projections
8. Qatar Baby Food Industry
- Market Size
- Market Segmentation
- Future Outlook and Projections
Browse full report:
Similar Report on Baby Food Industry:
India Baby Food and Formula Market - Bright Prospects for Dry Baby Food
The US Baby Food and Formula Market - Nurturing Demand for Organic Baby Food Products
China Baby Food and Infant Formula Market Research Report Outlook to 2016
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
SOURCE Ken Research
Share this article