Market Research Report
Finland Baby Food, 2021
|Published by||GlobalData||Product code||1005535|
|Published||Content info||126 Pages
Delivery time: 1-2 business days
|Finland Baby Food, 2021|
|Published: April 8, 2021||Content info: 126 Pages||
"Finland Baby Food, 2021" is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Finalnd market.
Finland registered a sharp decline in births from 2010-2019. However, births increased slightly in 2020 to reach 46,452.The Finnish baby food sector grew from €84.5 million (US$112.1 million) in 2014 to €86.1 million (US$96.2 million) in 2020, registering a CAGR of 0.3%.Baby meals held 63% of value sales (and over three quarters of volume sales) in 2020, followed by baby milks with a 20% share, and baby cereals & dry meals with 17.1% . Although the impact of COVD-19 was severe in 2020, it was nonetheless less disastrous compared to the other larger European economies. In 2020, the country's GDP dropped by 3.6%. The contraction was primarily due to lower private consumption, reduced investments, and declining exports resulting caused by COVID-19 pandemic.
Finland's economy is forecast to increase by 3.2 in 2021, and by 1.2% in 2022
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