United Kingdom Baby Food - Market Assessment and Forecasts to 2030
Summary
The number of live births in the UK declined by 11.8% during 2018-24, reaching, 644,816 in 2024. This resulted in a baby population of two million in 2024. The GDP of the grew by 1% in 2024, while consumer price inflation stood at 2.5%. Overall sales in value terms increased in recent years with the sector expanding at a CAGR of 3.6% during 2018-24. However, in volume terms, sales decreased during 2018-24, dropping at a negative CAGR of 0.5%. Baby milks remained the largest category in value terms with over 55% of the baby food sector, distantly followed by baby wet meals & others. Danone, The Hain Celestial Group, and Nestlé together accounted for 62.9% of value sales in 2024. Hypermarkets & supermarkets remained the leading distribution channel, accounting for over 70% of overall value sales in 2024. GlobalData estimates that the market for baby food in the country is expected to increase in value terms during 2024-30, registering a CAGR of 2.6%.
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