France Baby Food - Market Assessment and Forecasts to 2030
Summary
The number of live births in France declined by 14.9% during 2018-24, reaching 612,535 in 2024. This resulted in a baby population of 1.9 million in 2024. The GDP of France grew by 1.1% in 2024, while consumer price inflation stood at 2.4%. Overall sales in value terms increased in recent years with the sector registering a CAGR of 0.8% during 2018-24. In volume terms, sales decreased in 2024 registering a negative CAGR of 2% during 2018-24. Baby milks remained the largest category in value terms of the baby food sector. Danone and Nestlé were the top two companies in 2024. Hypermarkets & supermarkets remained the leading distribution channel, accounting for over 65% of overall value sales in 2024. GlobalData estimates that the number of live births will decrease over the forecast period in France. The market for baby food in the country is expected to decrease in value terms during 2024-30, registering a negative CAGR of 0.5%.
Key Highlights
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook