Market Definition
Baby Food is packaged food produced, specifically with high nutritional values to deliver appropriate nutrients, minerals & vitamins to infants. It can be fed as an easy alternative for breastmilk, made particularly for babies between four & six months up till two years old. Additionally, several food regulatory associations in Egypt are laying out stringent screening levels to ensure that the food meets the high-quality standards & packed safely with all the nutrients. Due to this, the baby food industry is rapidly expanding in the country, with numerous growth opportunities expected in the future.
Market Insights
The Egypt Baby Food Market is projected to grow at a CAGR of around 13% during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the growing awareness about the various benefits of feeding nutritious food to babies and an escalation in the number of the female working population that have less or no time for food preparation or breastfeeding.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 13% |
| Key Companies Profiled | Nestlé, Danone Groupe, Hero Group, Fasska, Riri Co., Liptis Nutrition Ltd., Ninolac International SA., Abbott Laboratories |
| Unit Denominations | USD Million/Billion |
In addition, the swiftly expanding retail sector, the growing transformation of manufacturers on online platforms, and mounting focus on developing nutrition-rich baby food with ingredients like human milk oligosaccharides (HMOs) & probiotics are other crucial aspects boosting the sales of baby food and driving the market.
Moreover, the active participation of leading players in introducing new varieties in baby food like teething wafers, snacks for babies, & puree pouches, among others, would also play a crucial role in augmenting the growth of Egypt Baby Food Market during the forecast period.
Impact of Covid-19 on the Egypt Baby Food Market
The advent of Covid-19 in 2020 had a decelerating impact on most industries across Egypt, yet the Baby Food Market sustained amidst the crisis. With the imposition of stringent movement restrictions & uncertain lockdowns, people began panic shopping, which resulted in a temporary hike in market growth during the initial phase of the pandemic.
Later, the government categorized baby food as essentials, which displayed a continuance in the production & distribution of different types of baby food across the country. Besides, the pandemic also displayed growing concerns of parents on strengthening the immunity of their babies by feeding them nutrient-rich food. It, in turn, bolstered the demand for organic & highly nutritious food for babies in the market.
Furthermore, with the gradually declining number of cases, the government uplifted the restrictions & recommenced business operations. As a result, it generated growth opportunities for the leading players in the market to increase their production capacities, introduce new varieties of baby food, and expand their scalability across the country. The same trend is likely in the coming years, which would lead the market to recover from losses & regain its usual pace.
