Baby Cereals & Other Dried Baby Food - Malaysia

Malaysia

Revenue in the Baby Cereals & Other Dried Baby Food market amounts to €32.55m in 2024. The market is expected to grow annually by 7.59% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€1,896m in 2024).
In relation to total population figures, per person revenues of €0.94 are generated in 2024.
In the Baby Cereals & Other Dried Baby Food market, volume is expected to amount to 4.16m kg by 2029. The Baby Cereals & Other Dried Baby Food market is expected to show a volume growth of 6.2% in 2025.
The average volume per person in the Baby Cereals & Other Dried Baby Food market is expected to amount to 0.1kg in 2024.

Key regions: Spain, Russia, Japan, India, United States

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Baby Cereals & Other Dried Baby Food Market in Malaysia is experiencing minimal growth, influenced by factors such as increasing health awareness among parents and the convenience of online shopping for baby food. This market's growth rate is impacted by various factors.

Customer preferences: The growing health consciousness among Malaysian parents has led to a rise in demand for organic and natural baby cereals and dried baby food products. This trend is driven by concerns over additives and preservatives in traditional baby food options. Additionally, the increasing number of working mothers has resulted in a preference for convenient and time-saving baby food solutions, leading to a surge in online purchases of baby cereals and other dried baby food products.

Trends in the market: In Malaysia, the Baby Cereals & Other Dried Baby Food Market of the Baby Food Market is experiencing a shift towards organic and natural products, as parents become more health-conscious and seek out nutritious options for their babies. Additionally, there is a growing trend of using social media and online platforms for product recommendations and community support among parents. This trend is expected to continue, as digital platforms offer convenience and accessibility for busy parents. It also presents opportunities for industry players to target and engage with their target audience through online marketing and partnerships with influencers. Moreover, the increasing use of e-commerce and online shopping is likely to further boost the sales of baby cereals and dried baby food products, as consumers seek out more convenient and contactless options for purchasing essential items for their babies.

Local special circumstances: In Malaysia, the Baby Cereals & Other Dried Baby Food Market is heavily influenced by the country's diverse cultural landscape. Malaysia has a large Muslim population, and as a result, there is a high demand for halal-certified baby food products. Additionally, the country's tropical climate and high humidity levels pose unique challenges for preserving and storing baby food, leading to the popularity of locally produced and packaged options. Furthermore, the Malaysian government has strict regulations regarding food safety and labeling, which have a significant impact on market dynamics.

Underlying macroeconomic factors: The growth of the Baby Cereals & Other Dried Baby Food market is heavily influenced by macroeconomic factors such as consumer spending, government policies, and economic stability. Countries with strong economic growth and high disposable income levels are expected to have a higher demand for baby food products. Additionally, government initiatives promoting healthy eating habits for infants and young children are also expected to drive market growth. The rising birth rates and increasing number of working mothers are also contributing to the demand for convenient and nutritious baby food options.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.