The Belgium Baby Food Market Market size is projected to grow at a CAGR of around 2.8% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Belgium Baby Food Market Market Driver:
High Working Women Population to Catalyze the Market Growth – The working women population in Belgium is relatively high compared to many other countries. It has one of the highest rates of female labour force participation in the entire European Union. Many working women include mothers too, who are busy and do not have the time or energy to prepare homemade food for their babies. As a result, they automatically turn toward commercially available baby food, which can be prepared quickly and easily.
According to the Women in Work Index, working women in the country had a 69.9 index score in the year 2020 and 70.3 in the year 2021. This large number of working women has augmented the growth of Belgium Baby Food Market during the historical period. Furthermore, the country is now working on several new policies concerning flexible working arrangements, parental leave, affordable childcare, and anti-discrimination policies in light of the Federal Plan on Gender Mainstreaming adopted in 2021. The plan has been renewed two times since its inception and is now in its third edition which aims to increase gender equality during 2020-24.
Thus, the surging government encouragement to promote gender quality would increase the working women population in the coming years which subsequently would increase the demand for baby food products during the forecast period.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Belgium Baby Food Market Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Food Category
- Milk Formula – Market Size & Forecast 2019-2030F, Thousand Tons
- Prepared Baby Food- Market Size & Forecast 2019-2030F, Thousand Tons
- Dried Baby Food – Market Size & Forecast 2019-2030F, Thousand Tons
- Other Baby Food – Market Size & Forecast 2019-2030F, Thousand Tons
- By Type of Milk Formula
- Standard Milk Powdered Formula- Market Size & Forecast 2019-2030F, Thousand Tons
- Follow-on Milk Powdered Formula – Market Size & Forecast 2019-2030F, Thousand Tons
- Growing-up Milk Formula- Market Size & Forecast 2019-2030F, Thousand Tons
- Special Baby Milk Formula- Market Size & Forecast 2019-2030F, Thousand Tons
- By Nature
- Inorganic Baby Food- Market Size & Forecast 2019-2030F, Thousand Tons
- Organic Baby Food- Market Size & Forecast 2019-2030F, Thousand Tons
- By Age Group
- 0-6 Months- Market Size & Forecast 2019-2030F, Thousand Tons
- 6-12 Months- Market Size & Forecast 2019-2030F, Thousand Tons
- 12+ Months- Market Size & Forecast 2019-2030F, Thousand Tons
- By Distribution Channel
- Offline – Market Size & Forecast 2019-2030F, Thousand Tons
- Hypermarkets/ Supermarkets- Market Size & Forecast 2019-2030F, Thousand Tons
- Pharmacies & Drug Stores- Market Size & Forecast 2019-2030F, Thousand Tons
- Convenience Stores- Market Size & Forecast 2019-2030F, Thousand Tons
- Online- Market Size & Forecast 2019-2030F, Thousand Tons
- Offline – Market Size & Forecast 2019-2030F, Thousand Tons
- By Region
- The Brussels Capital Region
- The Flemish Region
- The Walloon Region
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Mars Inc., PepsiCo Inc., Nestle SA, Mondelez International Inc, IFFCO Group, Kellogg Co., Pladis Ltd, National Food Industries LLC (NFI), Saudi Ice-Cream Factory Ltd, Kuwait Indo Trading Co WLL, Others looking forward to strengthening their market positions.
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