Forecasts highlight a favorable growth outlook for the Latin America baby food market, with a projected increase of USD 2.1 billion and a compound annual growth rate (CAGR) close to 5% through 2029. The baby food market is largely driven by the growing middle-class population and their increasing ability to afford premium baby food products. Urbanisation, alongside changing family structures, has led to an increase in working mothers who prefer ready-to-feed baby food products due to the time constraints of modern life. Health awareness is another significant factor, with parents increasingly seeking natural and organic baby food options for their children. Additionally, the expansion of modern retail channels, including supermarkets and e-commerce, has improved accessibility to a broader range of baby food products.
The report offers a comprehensive evaluation of the Latin America baby food market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, category, distribution channel and country. This comprehensive evaluation aids in identifying the growth potential within the baby food industry.
Market Segmentation
The Latin America baby food market is classified 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, warehouse clubs, small grocery stores, general merchant stores, health and beauty stores, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The baby food market in the Latin America is segmented by product type, category, distribution channel and country. The market is classified by product type into dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), and other baby food. Category segments are divided into conventional, and organic. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, general merchant stores, health and beauty stores, e-commerce, and others. Geographically, the market includes Argentina, Brazil, Chile, Colombia, Mexico and others.
Competitive Landscape
Prominent players in the baby food market include United Pharmaceuticals S.A., Unilever PLC, The Kraft Heinz Company, Royal FrieslandCampina N.V., Reckitt Benckiser Group plc (RB), Nutrimental SA Industria e Comercio de Alimentos, Nestle S.A., Megalabs SA, Lactalis South Africa (Pty) Ltd., Laboratorios Ordesa SL, Danone S.A., Arla Foods amba and Abbott Laboratories.
This analysis offers a comprehensive overview of the main players in the baby food market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America baby food market.
Gain in-depth analysis and forecasts for the key segments of the Latin America baby food market: product type, category, distribution channel and country.
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Gain deep insights into the dynamics of the Latin America baby food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America baby food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latin America Baby Food Market – Product Type Analysis
Latin America Baby Food Market – Category Analysis
Latin America Baby Food Market – Distribution Channel Analysis
Latin America Baby Food Market – Country Analysis
Key Players and Market Share
– United Pharmaceuticals S.A.
– Unilever PLC
– The Kraft Heinz Company
– Royal FrieslandCampina N.V.
– Reckitt Benckiser Group plc (RB)
– Nutrimental SA Industria e Comercio de Alimentos
– Nestle S.A.
– Megalabs SA
– Lactalis South Africa (Pty) Ltd.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latin America Baby Food Market 2019-2029
Chart Latin America Baby Food Market, Net Growth, 2019-2029
Chart Latin America Baby Food Market, Growth Rates, 2019-2029
Table Latin America Baby Food Market by Product Type, 2019-2029
Chart Latin America Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latin America Baby Food Market by Product Type, 2019-2029
Table Latin America Baby Food Market by Category, 2019-2029
Chart Latin America Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Latin America Baby Food Market by Category, 2019-2029
Table Latin America Baby Food Market by Distribution Channel, 2019-2029
Chart Latin America Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Baby Food Market by Distribution Channel, 2019-2029
Table Latin America Baby Food Market by Country, 2019-2029
Chart Latin America Baby Food Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Baby Food Market by Country, 2019-2029
Table Latin America Baby Food Market Share (%), by Companies, 2019-2023
Chart Latin America Baby Food Market, by Companies, 2023
Table Latin America Baby Food Market Share (%), by Brands, 2019-2023
Chart Latin America Baby Food Market, by Brands, 2023
Table Latin America – Population (Millions) and Forecast
Table Latin America – Consumer Price Index (CPI) and Forecast
Table Latin America – Gross Domestic Product and Forecast
Table Latin America Baby Food Market: Spend as a Proportion of GDP (%)
Table Latin America Baby Food Market: Consumption per Capita (Population)
Companies Mentioned
United Pharmaceuticals S.A.
Unilever PLC
The Kraft Heinz Company
Royal FrieslandCampina N.V.
Reckitt Benckiser Group plc (RB)
Nutrimental SA Industria e Comercio de Alimentos
Nestle S.A.
Megalabs SA
Lactalis South Africa (Pty) Ltd.
Laboratorios Ordesa SL
Danone S.A.
Arla Foods amba
Abbott Laboratories