Market Research Report
Netherlands Baby Food, 2021 Update - Market Size by Categories, Consumer Behaviour, Trends and Forecast to 2026
|Netherlands Baby Food, 2021 Update - Market Size by Categories, Consumer Behaviour, Trends and Forecast to 2026|
Published: June 28, 2021
Content info: 148 Pages
Delivery time: 1-2 business days
"Netherlands Baby Food, 2021 Update - Market Size by Categories, Consumer Behaviour, Trends and Forecast to 2026" is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Netherlands market.
The Netherlands baby food sector increased in 2020, although only marginally. Overall growth in value terms has been muted in recent years registering a CAGR of 0.9% during 2014-2020. However, volume sales fell in 2020, with the sector declining at a CAGR of 2.8% during 2014-2020 not helped by the fall in live births. Baby milks remain the most significant category within the market, with just under a half of value in 2020, although the finger foods category has proved to be the most dynamic over the past five years. Danone Group, Nestle, and Hero Group are the top three companies. Danone Group retained the top spot in value and volume terms during 2014-2020 and remained leader in the milks, cereals, and meals categories. Hypermarkets & supermarkets represent the leading distribution channel in the Dutch baby food sector, with over two-thirds value share of 70.7% in 2020. In 2020, the Dutch economy was unable to maintain the momentum it had gained in the previous few years due to the COVID-19 pandemic. The country's economy registered a GDP contraction of 5.7%, owing to the impact of the COVID-19 pandemic. The number of live births is forecast to increase over the next six years. Similarly, total population of the Netherlands is expected to grow steadily by 2026. In value terms, the Dutch baby food market is expected to grow at a CAGR of 4.6% during the 2020-2026 period while volumes are expected to revive and grow at a CAGR of 2.3%.
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