Tunisia Baby Food - Market Assessment and Forecasts to 2029
Summary
The number of live births in Tunisia declined by 33.4% during 2017-23, reaching 139,467 in 2023. This resulted in a baby population of 447,713 in 2023. The GDP of Tunisia grew by 1.4% in 2023, while consumer price inflation stood at 9.4%. Overall sales in value terms declined in recent years with the sector registering a CAGR of 2.5% during 2017-23. In volume terms, sales decreased in 2023 registering a negative CAGR of 3.5% during 2017-23. Baby milks remained the largest category in value terms with over 65% of the baby food sector. Pharmalys and Danone were the top two companies in 2023. Drug stores & pharmacies remained the leading distribution channel, accounting for over 80% of overall value sales in 2023. GlobalData estimates that the number of live births will decrease over the forecast period in Tunisia. The market for baby food in the country is expected to increase in value terms during 2023-29, registering a CAGR of 5.1%.
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