Hungary Baby Food Market Size and Share by Categories, Distribution and Forecast to 2029
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Hungary Baby Food Market Report Overview
The Hungary baby food market size was HUF30.8 billion ($87.3 million) in 2023. The baby food market in Hungary will achieve a CAGR of more than 6% during 2023-2029.
Hungary Baby Food Market Outlook, 2023-2029 (EUR Million)
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The Hungary baby food market research report puts together multiple data sources to provide a comprehensive baby food sector overview in the country. The report covers key information about the per capita expenditure (PCE) and per capita consumption (PCC) to help in understanding the baby food market growth trajectory in Hungary. Furthermore, the Hungary baby food market analysis offers detailed category-wise, distribution channel-wise, and company-wise insights to understand potential business opportunities.
| Market Size (2023) | HUF30.8 billion ($87.3 million) |
| CAGR (2023-2029) | >6% |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2029 |
| Key Categories | · Baby Wet Meals & Other
· Baby Milks · Baby Cereals & Dry Meals · Baby Finger Food · Baby Drinks |
| Key Distribution Channels | · Hypermarkets & Supermarkets
· Drugstores & Pharmacies · E-retailers · Convenience Stores · Others |
| Leading Manufacturers | · Nestlé
· HiPP · Danone · Humana · Novofruct · Hame |
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Hungary Baby Food Market Segmentation by Categories
The baby wet meals & others category and baby milks led the Hungary baby food market by value in 2023
The key categories in the Hungary baby food market are:
- Baby Milks
- Baby Cereals & Dry Meals
- Baby Wet Meals & Other
- Baby Finger Food
- Baby Drinks
The baby wet meals and other category comprises sweet and savory varieties. Sweet meals are typically composed of a single fruit purée or a mixed fruit purée. Most of the products were sweet-meal based, and the rest were savory, and contained meat.
Hungary Baby Food Market Analysis by Categories, 2023 (%)
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Hungary Baby Food Market Segmentation by Distribution Channels
Drugstores & pharmacies channel accounted for the highest share of the baby food market in 2023
A few of the key distribution channels in the Hungary baby food market are:
- Hypermarkets & Supermarkets
- Drugstores & Pharmacies
- E-retailers
- Convenience Stores
- Others
In 2023, the drugstores & pharmacies channel was followed by drugstores & pharmacies.
Hungary Baby Food Market Analysis by Distribution Channels, 2023 (%)
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Hungary Baby Food Market - Competitive Landscape
In 2023, Hipp was the leading revenue contributor in the Hungary baby food sector
A few of the leading manufacturers in the Hungary baby food market are:
- Nestlé
- HiPP
- Danone
- Humana
- Novofruct
- Hame
Hungary Baby Food Market Analysis by Manufacturers, 2023 (%)
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Segments Covered in the Report
Hungary Baby Food Categories Outlook (Value, EUR Million, 2017-2029)
- Baby Milks
- Baby Cereals & Dry Meals
- Baby Wet Meals & Other
- Baby Finger Food
- Baby Drinks
Hungary Baby Food Distribution Channel Outlook (Value, EUR Million, 2017-2029)
- Hypermarkets & Supermarkets
- Drugstores & Pharmacies
- E-retailers
- Convenience Stores
- Others
Scope
This report provides:
- A comprehensive overview of the baby food sector in Hungary, as part of GlobalData’s global coverage of the sector.
- Market environment: A comparative analysis of the value and volume shares of Hungary against the Western European and global baby food sectors. Additionally, the per capita consumption (PCC) and per capita expenditure (PCE) on baby food in Hungary are compared at regional and global levels.
- Background: An overview of births, consumer trends, socio-demographic trends, working women population, and regulations in the Hungary baby food sector.
- Category coverage and competitive landscape: An overview of growth at a sector level and an analysis of five categories. These categories are analyzed by value, volume, and CAGR for the 2017-2029 period. The analysis also includes baby food per capita consumption and expenditure in Hungary, by category. The report provides an analysis of leading manufacturers and brands in the Hungary baby food sector in 2023 and their market shares in each category.
- Production and trade: An analysis of imports and exports in the Hungary baby food sector.
- Distribution channel: Analysis of the leading distribution channels at both sector and category levels in 2023.
- Economic background: An outlook on macroeconomic indicators in Hungary, with a detailed summary of the economy and labor market.
Key Highlights
Value sales of baby milks grew from HUF9.1 billion ($33.1 million) in 2017 to HUF13.7 billion ($38.9 million) in 2023, registering a CAGR of 7.2%.
Volumes of baby cereals & dry meals increased from 0.37 million kg in 2017 to 0.38 million kg in 2023, at a CAGR of 0.4%.
Value sales of the baby wet meals & others rose from HUF9.3 billion ($34 million) in 2017 to HUF13.7 billion ($38.9 million) in 2023, reflecting a CAGR of 6.7%.
During 2017–23, PCC of baby drinks remained at 3.1kg in 2023, as it was in 2017.
Reasons to Buy
- Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
- Analyze current and forecast behavior trends in each category to identify the best opportunities to exploit.
- Get a detailed understanding of consumption by individual product categories to align your sales and marketing efforts with the latest trends in the market.
- Investigate which categories are performing the best and how this is changing market dynamics.
Nestlé
Humana
HiPP
Univer
Table of Contents
Table
Figures
Frequently asked questions
-
What was the Hungary baby food market size in 2023?
The baby food market size in Hungary was HUF30.8 billion ($87.3 million) in 2023.
-
What will the Hungary baby food market growth rate be during the forecast period?
The baby food market in Hungary is expected to achieve a CAGR of more than 6% during 2023-2029.
-
Which was the leading category in the Hungary baby food market in 2023?
Baby wet meals & others and baby milks were the leading category in the Hungary baby food market in 2023.
-
Which was the leading distribution channel of the Hungary baby food market in 2023?
Drugstores & pharmacies was the leading distribution channel of the Hungary baby food market in 2023.
-
Which are the leading manufacturers in the Hungary baby food market?
A few of the leading manufacturers in the Hungary baby food market are HiPP, Danone, Nestlé, Humana, Novofruct, and Hame among others.
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