The Hungary baby food sector is poised for a dynamic growth phase, anticipating an increase of USD 60.6 million and a compound annual growth rate (CAGR) of approximately 7.2% from 2024 to 2029. Hungary’s baby food market is driven by an increasing focus on child nutrition and growing awareness about the benefits of organic and fortified baby foods. As more working parents seek convenient solutions, there is rising demand for ready-to-eat and nutritionally balanced baby food products. The country is also seeing a shift towards premium baby food, particularly organic and natural products that cater to health-conscious consumers. With an increase in disposable incomes and improved retail accessibility, there is greater availability of high-quality baby food products, which is further driving market growth.
This report provides a thorough assessment of the Hungary baby food industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, category and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the baby food industry.
Market Segmentation
The Hungary baby food market is categorized into the following segments:
Product type: dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), other baby food
Category: conventional, organic
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, health and beauty stores, e-commerce, others
In Hungary, the baby food market is segmented by product type, category and distribution channel. By product type, the market includes dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), and other baby food. Category segments encompass conventional, and organic. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, health and beauty stores, e-commerce, and others.
Competitive Landscape
The Hungary baby food market is marked by intense competition, featuring leading companies such as Univer Product Zrt., United Pharmaceuticals S.A., Orkla ASA, NOVOFRUCT SK s.r.o., Nestle S.A., Mattoni 1873 a.s., Jufico GmbH, Holle Baby Food GmbH, HiPP GmbH & Company Vertrieb KG, Hero AG, Fortenova Grupa d.d. and Danone S.A.
This comprehensive report analyzes the performance of leading companies in the baby food sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
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Obtain precise statistical data and forecasts for the Hungary baby food market.
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Gain deep insights into the dynamics of the Hungary baby food market.
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Anticipate the future trajectory of the Hungary baby food market with informed projections.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Hungary Baby Food Market – Product Type Analysis
Hungary Baby Food Market – Category Analysis
Hungary Baby Food Market – Distribution Channel Analysis
Key Players and Market Share
– Univer Product Zrt.
– United Pharmaceuticals S.A.
– Orkla ASA
– NOVOFRUCT SK, s.r.o.
– Nestle S.A.
– Mattoni 1873 a.s.
– Jufico GmbH
– Holle Baby Food GmbH
– HiPP GmbH & Company Vertrieb KG
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Hungary Baby Food Market 2019-2029
Chart Hungary Baby Food Market, Net Growth, 2019-2029
Chart Hungary Baby Food Market, Growth Rates, 2019-2029
Table Hungary Baby Food Market by Product Type, 2019-2029
Chart Hungary Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hungary Baby Food Market by Product Type, 2019-2029
Table Hungary Baby Food Market by Category, 2019-2029
Chart Hungary Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Hungary Baby Food Market by Category, 2019-2029
Table Hungary Baby Food Market by Distribution Channel, 2019-2029
Chart Hungary Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hungary Baby Food Market by Distribution Channel, 2019-2029
Table Hungary Baby Food Market Share (%), by Companies, 2019-2023
Chart Hungary Baby Food Market, by Companies, 2023
Table Hungary Baby Food Market Share (%), by Brands, 2019-2023
Chart Hungary Baby Food Market, by Brands, 2023
Table Hungary – Population (Millions) and Forecast
Table Hungary – Consumer Price Index (CPI) and Forecast
Table Hungary – Gross Domestic Product and Forecast
Table Hungary Baby Food Market: Spend as a Proportion of GDP (%)
Table Hungary Baby Food Market: Consumption per Capita (Population)
Companies Mentioned
Univer Product Zrt.
United Pharmaceuticals S.A.
Orkla ASA
NOVOFRUCT SK, s.r.o.
Nestle S.A.
Mattoni 1873 a.s.
Jufico GmbH
Holle Baby Food GmbH
HiPP GmbH & Company Vertrieb KG
Hero AG
Fortenova Grupa d.d.
Danone S.A.