Australia Baby Food Market - Industry Analysis and Forecast by Radiant Insights , Inc
“ The value of the Australian baby food market represented an increase of 31.7 % since 2009 . By contrast , overall consumption of baby food rose by just 1 % between 2009 and 2015 .”
Summary
The annual number of births in Australia rose up to 2012 , providing a boost to sales , but has subsequently fallen , restricting sales potential . All sectors , except drinks , have experienced some growth during the review period , the cereals and snacks sector in particular proving dynamic with an overall increase of 100 %. Milks represent the largest proportion of baby food sales , accounting for 45 % of volume in 2015 . Wet meals , on the other hand , have seen a decline in their share since a peak in 2011 , and in 2015 accounted for 29 % of retail sales . Drinks have never been very popular and have lost further share over the past few years , with the result that in 2015 they claimed under 1 % of retail sales .
Read Complete Report with TOC @ http :// www . radiantinsights . com / research / babyfood-in-australia
Key Findings
-In 2015 , the value of the Australian baby food market represented an increase of 31.7 % since 2009 . By contrast , overall consumption of baby food rose by just 1 % between 2009 and 2015 .
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