Sri Lanka Baby Food Market 2024

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The Sri Lanka baby food market is on track for a substantial increase of USD 25.9 million, indicating a compound annual growth rate (CAGR) of roughly 8.2% during the forecast period from 2024 to 2029. Sri Lanka’s baby food market is experiencing growth due to rising disposable incomes and an increasing awareness of the importance of early childhood nutrition. As more parents prioritise the health and well-being of their children, there is growing demand for fortified baby food products that support healthy development. Urbanisation has also played a role in driving the demand for convenient and ready-to-eat baby foods, as families embrace modern lifestyles that require quick, nutritious options. Moreover, the growing popularity of organic baby food is further shaping the market, as health-conscious consumers seek natural, additive-free alternatives.

The report delivers an in-depth analysis of the Sri Lanka baby food industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, category and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the baby food market.


Market Segmentation


The following outlines the segmentation of the Sri Lanka baby food market:
Product type: dried baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), other baby food
Category: conventional, organic
Distribution channel: supermarkets and hypermarkets, small grocery stores, health and beauty stores, e-commerce, others

The Sri Lanka baby food market is categorized by product type, category and distribution channel. By product type, the market includes dried baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), and other baby food. Category segmentation includes conventional, and organic. Distribution channel segmentation comprises supermarkets and hypermarkets, small grocery stores, health and beauty stores, e-commerce, and others.


Competitive Landscape


The competitive landscape of the industry has been analyzed, featuring profiles of major players such as Nestle S.A. and Fonterra Co-operative Group Limited. This report delivers an in-depth examination of leading companies in the baby food sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Sri Lanka baby food market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka baby food market: product type, category and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka baby food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka baby food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Sri Lanka Baby Food Market – Product Type Analysis
Sri Lanka Baby Food Market – Category Analysis
Sri Lanka Baby Food Market – Distribution Channel Analysis
Key Players and Market Share
– Nestle S.A.
– Fonterra Co-operative Group Limited

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Sri Lanka Baby Food Market 2019-2029
Chart Sri Lanka Baby Food Market, Net Growth, 2019-2029
Chart Sri Lanka Baby Food Market, Growth Rates, 2019-2029
Table Sri Lanka Baby Food Market by Product Type, 2019-2029
Chart Sri Lanka Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Baby Food Market by Product Type, 2019-2029
Table Sri Lanka Baby Food Market by Category, 2019-2029
Chart Sri Lanka Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Baby Food Market by Category, 2019-2029
Table Sri Lanka Baby Food Market by Distribution Channel, 2019-2029
Chart Sri Lanka Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Baby Food Market by Distribution Channel, 2019-2029
Table Sri Lanka Baby Food Market Share (%), by Companies, 2019-2023
Chart Sri Lanka Baby Food Market, by Companies, 2023
Table Sri Lanka Baby Food Market Share (%), by Brands, 2019-2023
Chart Sri Lanka Baby Food Market, by Brands, 2023
Table Sri Lanka – Population (Millions) and Forecast
Table Sri Lanka – Consumer Price Index (CPI) and Forecast
Table Sri Lanka – Gross Domestic Product and Forecast
Table Sri Lanka Baby Food Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Baby Food Market: Consumption per Capita (Population)


Companies Mentioned


Nestle S.A.
Fonterra Co-operative Group Limited


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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