Baby Food - Myanmar

Myanmar

Revenue in the Baby Food market amounts to €79.60m in 2024. The market is expected to grow annually by 7.20% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€18,540m in 2024).
In relation to total population figures, per person revenues of €1.45 are generated in 2024.
In the Baby Food market, volume is expected to amount to 8,787.00k kg by 2029. The Baby Food market is expected to show a volume growth of 4.2% 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

Moneda

Analyst Opinion

The Baby Food market in Myanmar has been experiencing minimal growth due to various factors such as limited availability and affordability of baby food products, low consumer awareness, and traditional preferences for homemade baby food. This slow growth can also be attributed to the sub-markets of Baby Milk & Infant Formula, Baby Cereals & Other Dried Baby Food, Prepared Baby Food, and Baby Snacks & Others, which face challenges in distribution and marketing. However, with increasing urbanization and rising disposable income, there is potential for the market to grow in the future.

Customer preferences: As the demand for healthier and organic options increases, there has been a growing interest in locally sourced and sustainable baby food products in Myanmar. This trend is driven by a growing awareness of the benefits of natural and unprocessed foods for babies, as well as the desire to support local farmers and reduce the environmental impact of food production. Additionally, with the rise of working mothers, there has been a shift towards convenient and portable baby food options, such as pouches and snacks, catering to busy lifestyles.

Trends in the market: In Myanmar, the Baby Food Market within The Food market is experiencing a surge in demand for organic and natural baby food products. This trend is driven by a growing awareness among consumers about the health benefits of organic food and the desire to provide their children with the best nutrition. As a result, there is a rise in the number of companies offering organic baby food options, and major players in the market are also expanding their organic product lines. This trend is expected to continue, with an increasing focus on sustainability and transparency in the production process. Industry stakeholders should take note of this trend and adapt their strategies to cater to the growing demand for organic baby food in Myanmar.

Local special circumstances: In Myanmar, the Baby Food Market is heavily influenced by the country's geography and cultural practices. Due to the lack of access to modern healthcare facilities in rural areas, traditional methods of infant feeding are still prevalent. This has led to a slower adoption of commercial baby food products. Additionally, cultural beliefs and customs play a significant role in the types of food that are considered suitable for babies, impacting the demand for specific products. Furthermore, strict regulations on the import and distribution of food products also shape the dynamics of the market.

Underlying macroeconomic factors: The growth of the Baby Food Market within The Food market in Myanmar is also influenced by macroeconomic factors such as government policies, economic stability, and consumer purchasing power. With the country's improving economic conditions and rising income levels, there is a growing demand for high-quality and nutritious baby food products. Additionally, favorable government initiatives and increasing investments in the food industry are also driving the market growth. However, challenges such as inadequate infrastructure and limited distribution channels may hinder the market's growth potential.

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.