GCC Baby Food and Infant Formula Market Destined to Reach US$ 1.6 Billion (CAGR of 5.8%) During 2023-2028

The latest report by IMARC Group, titled "GCC Baby Food and Infant Formula Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the baby food and infant formula market in GCC. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The GCC baby food and infant formula market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

Baby food is prepared using cereals, vegetables, and mashed fruits, which is an easy-to-consume and pre-prepared solid food that is easily chewable and is consumed by newborns, toddlers, and preschoolers. On the other hand, infant formula is a synthetically produced alternative to breast milk that is provided to babies under the age of twelve months. It is an ideal substitute for breast milk since it contains essential nutrients that help in the development of muscles and teeth for chewing adequately. Both are regarded as rich sources of numerous nutrients, including proteins, vitamins, carbohydrates, and linoleic acid, which help in the overall growth of babies. These products are available in powdered or concentrated liquid form, which can be mixed with water or milk, and are extensively sold across supermarkets and e-commerce websites.

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Market Trends and Drivers:

The increasing awareness among parents regarding the importance of providing a balanced and nutritional diet to their children is primarily driving the baby food and infant formula market across GCC. Moreover, the rising preference for ready-to-eat (RTE) baby food products, on account of the hectic lifestyle led by individuals, especially working populations, is providing a thrust to the market.

Apart from this, the introduction of organic baby food and infant formula manufactured that are free from artificial preservatives is gaining widespread prominence among the masses. Furthermore, the advent of baby food and infant formula for special medical purposes, such as lactose-free and premature infant milk substitutes, is favorably impacting the demand in the region. Other factors, such as inflating disposable income levels of individuals, and emerging e-commerce sectors, are also influencing the market across GCC.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/gcc-baby-food-infant-formula-market

Key Market Segmentation:

Breakup by Type:

• Milk Formula
• Dried Baby Food
• Prepared Baby Food
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Pharmacies
• Convenience Stores
• Others

Breakup by Country:

• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

This release was published on openPR.