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Egypt Baby Food Market: Analysis & Forecast (2007 - 2017)
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34 Page Report
01-Jan-2012 Request Sample
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The Baby Food Market in Egypt is Estimated to Grow at 6.7% CAGR between 2012 and 2017: Transparency Market Research Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Egypt Baby Food Market
REPORT DESCRIPTION
According to a new market report published by Transparency Market Research "
Egypt Baby Food Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019", the market was valued at USD 11.16 billion in 2012, and is expected to reach USD 15.90 billion by 2019, growing at a CAGR of 5.2% from 2013 to 2019. Lack of adequate power infrastructure and increasing demand for reliable electricity delivery are the major driving forces of this market. Browse the full
Egypt Baby Food Market Report:
http://www.transparencymarketresearch.com/egypt-baby-food-market.html
The report states that with consistent growth over the years, Infant Formula dominates the baby food market in Egypt. Egypt has a significant population base with the middle class population emerging as a major segment and as a result, the role of women is also increasing. The contribution of Infant Formula is likely to increase in the years to come. Product wise the baby food market is divided into five main categories – baby snacks, bottled baby food, baby cereals, baby soups and frozen and canned foods. Category wise this market is divided into four main types – Milk formula, dried baby food, prepared baby food and other baby food. According to the TMR report, several markets in Egypt have got affected including the baby foods market due to political agitation. Other than the milk formula, significant demand is generated even for the dried baby food section. However, the demand for other and prepared baby food is not as high and significant. The demand for prepared baby food has also been gaining momentum for several years and a lot of women are opting for jarred infant food for their babies. This report notes that the other baby food category is yet to gain the desired popularity and the introduction of this segment of baby food is due to western influence in Egypt. Pureed baby food is also gaining importance due to demanding and hectic work patterns of parents in Egypt. According to the report, the Global Baby Food and Pediatric Nutrition Markets were growing at 7.97% CAGR between 2007 and 2011. And the market value is likely to reach USD 63681 million by 2017. This market research report discusses that the global demand for baby food has been on the rise due to greater awareness amongst the people about infant nutritional requirements. Due to paucity of time, parents seek to get complete information about the overall nutritional needs of their infants and they want to give the best quality products to the babies. With birth rates slumping in developed nations, developing nations like Brazil, India and
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Egypt Baby Food Market
Middle East and African countries are opening up their respective markets for baby food products mainly because of a typical fast paced lifestyle and a significant portion of working women’s population that is also growing. This has led to higher demand for packaged baby foods. Interestingly, another factor contributing to higher demand for packaged baby food is that of status symbol.
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