Milk formula continues to face significant challenges in 2024 due to declining birth rates in Georgia. Over the past three years, birth rates have been on a consistent downward trend, particularly affecting the standard milk formula category. This decline is further exacerbated by advertising restrictions, which align with WHO recommendations to promote breastfeeding and limit formula advertisements. Follow-on and growing-up milk formulas are also impacted, though to a lesser extent, as consumer...
Euromonitor International's Baby Food in Georgia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Baby Food market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Baby Food in Georgia
Euromonitor International
August 2024
List Of Contents And Tables
BABY FOOD IN GEORGIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Milk formula faces challenges amidst declining birth rates