Morocco Baby Food Market Size by Categories, Distribution Channel, Market Share and Forecast, 2022-2027
Summary
“Morocco Baby Food Market Size by Categories, Distribution Channel, Market Share and Forecast, 2022-2027” is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Moroccan market.
The number of live births in Morocco declined by 1.6% during 2015-21, reaching 584,100 in 2021. This resulted in a baby population of 1.8 million in 2021. However, both the crude birth rate and total fertility rates, have fallen. The GDP of Morocco grew by 7.4% in 2021, while consumer price inflation stood at 1.4%. Overall growth in value terms has increased in recent years with the sector registering a CAGR of 4.4% during 2015-21. Similarly, in volume terms, sales grew in 2021, with the sector recording a CAGR of 1.9%. Baby milks remained by far the largest category in value terms with over 80% of the baby food sector, followed by baby cereals & dry meals. Nestlé, Danone Group, and Agro-Foods together accounted for 88.7% of value sales in the Moroccan baby food sector in 2021. Nestlé, Danone Group, and Agro-Foods together accounted for more than 80% of value sales in 2021. Nestlé remained the overall market leader, boasting more than 40% share of value sales. Drugstores & pharmacies is the leading distribution channel in the sector, accounting for over 70% of overall value sales in 2021. GlobalData estimates that the number of live births will decrease over the forecast period in Morocco. Consequently, the market for baby food in the country is expected to decline in volume terms during 2021-27.
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