Baby Food - Gambia

Gambia

Revenue in the Baby Food market amounts to €2,282.00k in 2024. The market is expected to grow annually by 5.91% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€18,340m in 2024).
In relation to total population figures, per person revenues of €0.80 are generated in 2024.
In the Baby Food market, volume is expected to amount to 207.30k kg by 2029. The Baby Food market is expected to show a volume growth of 4.7% in 2025.
The average volume per person in the Baby Food market is expected to amount to 0.1kg in 2024.

Key regions: Canada, United Kingdom, Japan, United States, Spain

Mercado

Región

Comparación de regiones

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Analyst Opinion

The Baby Food market in Gambia is seeing minimal growth due to factors such as low disposable income, limited access to modern retail channels, and traditional feeding practices. However, increasing health awareness and the convenience of online shopping may drive future growth.

Customer preferences: Consumers in Gambia are becoming more health-conscious, leading to a growing demand for organic and nutritious baby food options. This trend is fueled by the increasing awareness of the importance of a healthy diet for infants and the availability of a variety of locally sourced fruits and vegetables. Additionally, there has been a shift towards eco-friendly and sustainable packaging in the baby food market, with consumers prioritizing products that align with their values and support the local economy. These preferences are also driven by the rising middle-class population and changing consumer lifestyles, with more working parents seeking convenient and healthier options for their children's meals.

Trends in the market: In Gambia, the Baby Food Market is experiencing a shift towards healthier and more organic options. This trend is being driven by increased health consciousness among parents and a growing demand for natural and sustainable products. As a result, companies are investing in research and development to create innovative and nutritious baby food products. Additionally, there is a rise in online sales of baby food, as more consumers are opting for the convenience of home delivery. This trend is expected to continue, presenting opportunities for industry stakeholders to cater to the evolving needs of consumers and expand their market reach through digital channels.

Local special circumstances: In Gambia, the Baby Food Market is heavily influenced by the country's high poverty rates and limited access to healthcare. This has resulted in a demand for affordable, nutritious baby food options, leading to the emergence of local producers and suppliers. Additionally, the cultural significance of breastfeeding has also impacted the market, with many mothers preferring to make their own baby food at home rather than purchase packaged options. This unique combination of economic and cultural factors sets the Gambia market apart from others and greatly influences market dynamics.

Underlying macroeconomic factors: The Baby Food Market within The Food market in Gambia is greatly influenced by macroeconomic factors such as the country's economic stability, government policies, and investment in the food industry. Countries with a stable economy and favorable government policies tend to experience higher market growth compared to regions with economic instability and restrictive policies. Additionally, the increasing population and changing dietary habits in Gambia are driving the demand for nutritious and affordable baby food products, creating opportunities for market growth. The presence of multinational companies and foreign investments in the food industry also contribute to the growth of the Baby Food Market in Gambia.

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.