United Kingdom (UK) Baby Food Market Size by Categories, Distribution Channel, Market Share and Forecast, 2022-2027
Summary
“United Kingdom (UK) 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 British market.
The number of live births in the UK decreased by 16.3% during 2008-2021, to reach 0.7 million in 2021. This resulted in a baby population of 2.1 million in 2021. However, both the crude birth rate, and total fertility rates, have fallen during the review period. The GDP of the UK grew by 7.5% in 2021 primarily owing to the successful COVID-19 vaccination campaigns, while consumer price inflation stood at 2.6%. Overall growth in value terms has increased marginally in recent years with the sector registering a CAGR of 0.7% during 2015-2021. However, in volume terms, sales declined in 2021, with the sector contracting at a negative CAGR of 3.4%. Baby milks remained the largest category in value terms with 56.2% share of the overall baby food sector, followed by baby wet meals & other in 2021. Danone Group, The Hain Celestial Group, Inc., and Nestlé together accounted for a combined share of baby food value sales approaching 70% in 2021. In the same year, Danone Group remained the overall market leader whilst the Kraft Heinz Company led the baby cereals & dry meals and baby drinks categories in 2021. Hypermarkets & supermarkets remained the leading distribution channel, accounting for nearly 75% of overall value sales in 2021. GlobalData estimates that the market for baby food in the country is expected to grow in both value and volume terms, registering a value CAGR of 3.9% and a volume CAGR of 1.5% during 2021-2027.
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