Switzerland Baby Food Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2027

Switzerland Baby Food Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2027

Summary

“Switzerland Baby Food Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2027” is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Swiss market.

The number of live births in Switzerland increased by 9.1% during 2015-21, reaching 89,644 in 2021. This resulted in a baby population of 0.26 million in 2021. The crude birth rate in Switzerland reached 10.26 in 2021 and the total fertility rate decreased by 5.8% during 2015-20. However, it recorded growth to stand at 1.51 in 2021. The GDP of Switzerland grew by 3.7% in 2021 primarily owing to the easing of COVID-19 restrictions, while consumer price inflation stood at 0.6%. Overall growth in value terms has increased in recent years with the sector registering a CAGR of 1.4% during 2015-21. In volume terms, sales grew at a CAGR of 0.7%. Baby milks remained by far the largest category in value terms with over 50% of the baby food sector, followed by baby cereals & dry meals. Nestlé and Danone Group were the top two companies in 2021. Hypermarkets & supermarkets remained the leading distribution channel, accounting for over 65% of overall value sales in 2021. GlobalData estimates that the number of live births will increase over the forecast period in Switzerland. Consequently, the country's baby food market is expected to grow at a value and volume CAGRs of 4.3% and 3.3%, respectively, during the forecast period.

What else does this report offer?

• Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.
• Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.
• Market profile of the various product sectors with the key features & developments, segmentation, per capita trends and the various manufacturers & brands.
• Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.
• Future projections considering various trends which are likely to affect the industry.

• Value sales of baby milks increased from CHF57.4 million ($59.6 million) in 2015 to CHF61.9 million ($67.7 million) in 2021, at a CAGR of 1.3% during 2015-21.
• Value sales of the baby cereals & dry meals category increased from CHF25 million ($26 million) in 2015 to CHF27.2 million ($29.8 million) in 2021, at a CAGR of 1.4% during 2015-21.
• Volume sales of the baby wet meals & others category increased slightly from 1.08 million kg in 2015 to 1.12 million kg in 2021, at a CAGR of 0.6% during 2015-21.
• In value terms, the baby finger food category grew from CHF5.1 million ($5.3 million) in 2015 to CHF5.5 million ($6 million) in 2021, registering a CAGR of 1.2% during 2015-21.
• During 2015-21, per capita consumption of baby drinks decreased by 8.1%, to stand at 0.4kg in 2021.

• 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.