France Baby Food - Market Assessment and Forecasts to 2029

France Baby Food - Market Assessment and Forecasts to 2029

Summary

The number of live births in France stood at 645,400 in 2023. This is anticipated to decrease by 19.3% during 2023–29. Both the crude birth rate and total fertility rates fell during 2017–23. The GDP of France grew by 0.7% in 2023, while consumer price inflation stood at 5.6%. Overall growth in value terms has increased in recent years with the sector registering a CAGR of 1.1% during 2017–23. However, in volume terms, sales dipped in 2023, with the sector contracting at a negative CAGR of 1.7%. Baby milks remained by far the largest category in value terms with over 45% of the baby food sector, followed by baby wet meals & other. Danone, Nestlé, and Groupe Lactalis were the top three companies in 2023. In the same year, Nestlé held the highest value share of the baby drinks category. Hypermarkets & supermarkets was the leading distribution channel in the sector in 2023, accounting for over 70% of overall value sales. GlobalData estimates the market for baby food in the country is expected to increase in value terms during 2022–28, at a CAGR of 1.6%.

Key Highlights

Value sales of baby milks grew from EUR535.5 million ($605 million) in 2017 to EUR570.9 million ($583 million) in 2023, registering a CAGR of 1.1% during this period.​

Baby cereals & dry meals volumes decreased from 9.98 million kg in 2017 to 9.33 million kg in 2023, at a negative CAGR of 1.1%.​

Value sales of the baby wet meals & other category rose from EUR508.9 million ($574.9 million) in 2017 to EUR532.8 million ($544.1 million) in 2023, at a CAGR of 0.8%.​

During 2017–23, PCC of baby finger food grew by 10.3%.​

During 2017–23, PCC of baby drinks fell by 62.5%, totaling 0.3kg in 2023.​

Scope

This report brings together multiple data sources to provide a comprehensive overview of the baby food sector in France, as part of GlobalData’s global coverage of the sector. It includes an analysis of the following -

Market environment: The report provides a comparative analysis of the value and volume shares of France against the Western European and global baby food sectors. Additionally, the per capita consumption (PCC)* of and per capita expenditure (PCE)* on baby food in France are compared at regional and global levels.​

Background: Provides an overview of births, consumer trends, socio-demographic trends, working women population, and regulations in the French baby food sector.​​

Category coverage and competitive landscape: The report offers an overview of growth at a sector level and provides an analysis of five categories: baby milks, baby cereals & dry meals, baby wet meals & other, baby finger food, and baby drinks. These categories are analyzed by value, volume, and CAGR for the 2017–29 period. The analysis also includes baby food per capita consumption and expenditure in France, by category. The report provides an analysis of leading manufacturers and brands in the French baby food sector in 2023 and their category shares.​

Production and trade: The report provides an analysis of imports and exports in the French baby food sector.​

Distribution channel: Provides analysis on the leading distribution channels at both sector and category level in 2023.​

Economic background: The report also provides an outlook on macroeconomic indicators in France, with a detailed summary of the economy and labor market.​

Reasons to Buy

• Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
• Analyse current and forecast behavior trends in each category to identify the best opportunities to exploit.
• Detailed understanding of consumption by individual product categories in order to align your sales and marketing efforts with the latest trends in the market.
• Investigates which categories are performing the best and how this is changing market dynamics.