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The GCC baby formula market reached a value of about USD 2.32 billion in 2023. The market is further expected to grow at a CAGR of 6.9% in the forecast period of 2024-2032 to reach a value of approximately USD 4.21 billion by 2032.
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Saudi Arabia is expected to dominate the GCC baby formula industry in the Middle East and Africa, owing to the rapidly developing retail sector and the growing western influence. In addition, the demand for baby formula is expected to grow in the region, owing to the growing awareness among the new parents regarding the health benefits of baby food in the overall development of the baby. Moreover, the growing penetration of leading market players in the region are expected to support the market growth. For instance, in 2018, Nestlé, a leading manufacturer of baby formula, announced its agreement to buy Pfizer’s infant nutrition business for USD 11.8 billion, in an endeavour to expand its distribution channel in the Middle East and Africa region.
Infant formula or baby formula refers to the formulation especially developed to feed infants. It is often used and recommended as a substitute for breast milk. The U.S. Federal Food, Drug, and Cosmetic Act (FFDCA) defines infant formula as a food which can be utilised as a special dietary product solely for infants by reason of its simulation of human milk or its suitability as a complete or partial alternative for human milk.
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The baby formula industry, based on type, can be segregated into:
Based on ingredient, the market is classified into:
On the basis of distribution channel, the market is categorised into:
The EMR report looks into the regional markets of baby formula like Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Qatar, and Bahrain.
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The rapid economic growth and an increase in the number of working women in the region have contributed to the popularity of baby formula. Further, the market has picked up significant pace owing to the rising awareness among the new parents pertaining to the availability of baby formula as a substitute to breast milk, which can be attributed to its nutritional values and convenience. Moreover, the growing availability of baby formula across retail stores and e-commerce channels is further projected to support the market growth in the forecast years. Additionally, the increased availability of organic and minimally processed baby formula is also projected to support the market growth in the forecast period. However, high per unit cost and volatility in prices of raw materials might hamper the growth of the market.
The report presents a detailed analysis of the following key players in the GCC baby formula market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Ingredient |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the GCC baby formula market attained a value of nearly USD 2.32 billion.
The market is projected to grow at a CAGR of 6.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 4.21 billion by 2032.
The major industry drivers are rising awareness about malnutrition, hectic schedules of the working population, challenges related to breastfeeding, growing population in the region, and increasing promotion of baby formula through innovative marketing strategies.
The key trends guiding the growth of the industry include the growing investments by the leading market players in the research and development of new and innovative baby formulas.
The major regions in the industry are Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Qatar, and Bahrain.
The major types of baby formulas include first infant formula, follow-on formula, growing-up formula, and speciality baby formula.
The significant market divisions, based on ingredients, include oils and fats, proteins, carbohydrates, prebiotics, and vitamins and minerals, among others.
The different distribution channels include supermarket and hypermarket, pharmacy/medical stores, speciality market, and online, among others.
The major players in the industry are Nestlé SA, Danone S.A, Abbott Laboratories, Laboratorios Ordesa, S.L, Arla Foods amba, and Almarai company, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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