Asia Pacific Baby Finger Food Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (Prepared, Dried, and Others) and Distribution Channel (Hypermarket and Supermarket, Convenience Stores, Online, and Others
Market Introduction
Finger foods are defined as small food pieces, which could behold, and eaten by infants and babies of age group 6-12 months. Such kind of food products are known for their nutritional values and convenience in consumption. These include fruit flavoured sweet finger food along with the savoury forms such as puffs, breadsticks, biscuits, wafers and others and fruits and vegetable based finger foods. Baby finger food is available in various flavors and both solid and liquid forms. Latest technological innovation has allowed manufactures to push the limits of baby food, into finger foods. The change in working demographics along with adoption of modern lifestyles and an increase in disposable income have resulted in an increase in demand for baby finger food.
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Market Overview and Dynamics
The baby finger food market in APAC is expected to reach US$ 7,779.74 million by 2027 from US$ 4,060.19 million in 2019; it is expected to grow at a CAGR of 8.6% from 2020 to 2027. Surging awareness regarding baby nutrition is the key factor driving the APAC baby finger food market. The baby finger food market is getting a big boost from the increasing awareness about the role it plays in meeting infants' and toddlers' nutritional needs. Moreover, increased birth rate, attractive and safe packaging, and product innovations propel baby finger food demand. Manufactures in the market are introducing baby finger food products that are low on artificial ingredients quotient. Infants and toddlers require an adequate amount of nutrition in their daily diet. Therefore, there is an increase in the demand for packaged baby finger foods with balanced nutrition value. Many companies launch innovative food products that offer products with minimal preservatives and adequate nutritional content. Also, these products are prepared with utmost care and hygiene to prevent contamination and ensure infants' safety. Growing awareness for nutrition, rise in organized retail marketing, and urbanization paired with a significant increase in working women population are some of the key factors that boost the baby food industry growth. The increasing working women population with limited time to focus on their babies’ nutritional has to use baby finger foods. This food has become an essential food for babies of working mothers. However, the presence of high level of sugar content along with high price associated with baby finger food is hampering the growth of the baby finger food market in APAC.
COVID-19 pandemic has affected industries and economies in various countries due to lockdowns, business shutdowns, and travel bans. COVID-19 is anticipated to cause heavy loss in APAC economy. The consequence and impact might worsen in the coming months, depending on the spread of the virus. Governments in APAC countries are taking possible steps to reduce the effects of pandemic by imposing lockdowns, which, however, impacts the revenue generation by regional companies. The Airports Council International (ACI) Asia-Pacific has warned that the prolonged duration of the COVID-19 outbreak would drastically impact the region’s airports’ connectivity and economic sustainability, significantly restricting them from achieving previously set growth prospects. Such suspension of activities is anticipated to hinder the baby finger food market growth in this region in the coming period.
Key Market Segments
The market for baby finger food is segmented into product type and distribution channel. On the basis of product type, the baby finger food market is categorized into prepared, dried, and others. In 2019, the prepared segment dominated the market of the total market share and is projected to continue its dominance over the forecast period. Based on distribution channel, the baby finger food market is categorized into hypermarket and supermarket, convenience stores, online and others. In 2019, the online segment is expected to be the fastest growing segment over the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the baby finger food market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Hero Group; Nestlé, S.A.; Kraft-Heinz, Inc.; The Hain Celestial Group, Inc.; HiPP GmbH & Co. Vertrieb KG; Lotus Bakeries Corporate; and Dana Dairy Group among others.
Reasons to buy report
- To understand the APAC baby finger food market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC baby finger food market
- Efficiently plan M&A and partnership deals in APAC baby finger food market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC baby finger food market
- Obtain market revenue forecast for market by various segments from 2020-2027 in APAC region
APAC Baby Finger Food Market Segmentation
APAC Baby Finger Food Market – By Product Type
- Prepared
- Dried
- Others
APAC Baby Finger Food Market – By Distribution Channel
- Hypermarket and Supermarket
- Convenience Stores
- Online
- Others
APAC Baby finger food Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Company Profiles
- Hero Group
- Nestlé, S.A.
- Kraft-Heinz, Inc.
- The Hain Celestial Group, Inc.
- HiPP GmbH & Co. Vertrieb KG
- Lotus Bakeries Corporate
- Dana Dairy Group
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 APAC Market Segmentation
1.3.1 APAC Baby Finger Food Market – By Product Type
1.3.2 APAC Baby Finger Food Market – By Distribution Channel
1.3.3 APAC Baby Finger Food Market – By Country
2. APAC Baby Finger Food Market - Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. APAC Baby Finger Food Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Expert Opinion
5. APAC Baby Finger Food Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging awareness regarding baby nutrition
5.1.2 Availability of wide variety of baby finger food
5.2 Restraint
5.2.1 High level of sugar content along with high price associated with baby finger food
5.3 Opportunity
5.3.1 Increasing Demand for Organic and Natural Baby Finger Food
5.4 Future Trend
5.4.1 Growing popularity of baby finger food in emerging nations
5.5 Impact Analysis of Drivers and Restraints
6. Baby Finger Food Market – APAC Analysis
6.1 APAC Baby Finger Food Market Overview
6.2 APAC: Baby Finger Food Market – Revenue and Forecast to 2027(US$ Mn)
6.3 APAC Baby Finger Food Market, By Country - Forecasts and Analysis
6.4 Competitive Positioning – Key Market Players
7. APAC Baby Finger Foods Market Analysis – By Product Type
7.1 Overview
7.1.1 APAC: Baby Finger Food Market, by Product Type
7.2 Prepared
7.2.1 Overview
7.2.2 Prepared: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
7.3 Dried
7.3.1 Overview
7.3.2 Dried: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
7.4 Others
7.4.1 Overview
7.4.2 Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8. APAC Baby Finger Food Market Analysis – By Distribution Channel
8.1 Overview
8.1.1 APAC: Baby Finger Food Market, by Distribution Channel
8.2 Hypermarkets and Supermarkets
8.2.1 Overview
8.2.2 Hypermarkets and Supermarkets: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.3 Convenience Store
8.3.1 Overview
8.3.2 Convenience Store: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.4 Online
8.4.1 Overview
8.4.2 Online: Baby finger food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.5 Others
8.5.1 Overview
8.5.2 Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
9. APAC Baby Finger Food Market – Country Analysis
9.1 Overview
9.1.1 APAC: Baby Finger Food Market, by Key Country
9.1.1.1 Australia: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.1.1 Australia: Baby Finger Food Market, by Product Type
9.1.1.1.2 Australia: Baby Finger Food Market, by Distribution Channel
9.1.1.2 China: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.2.1 China: Baby Finger Food Market, by Product Type
9.1.1.2.2 China: Baby Finger Food Market, by Distribution Channel
9.1.1.3 India: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.3.1 India: Baby Finger Food Market, by Product Type
9.1.1.3.2 India: Baby Finger Food Market, by Distribution Channel
9.1.1.4 Japan: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.4.1 Japan: Baby Finger Food Market, by Product Type
9.1.1.4.2 Japan: Baby Finger Food Market, by Distribution Channel
9.1.1.5 South Korea: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.5.1 South Korea: Baby Finger Food Market, by Product Type
9.1.1.5.2 South Korea: Baby Finger Food Market, by Distribution Channel
9.1.1.6 Rest of APAC: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.6.1 Rest of APAC: Baby Finger Food Market, by Product Type
9.1.1.6.2 Rest of APAC: Baby Finger Food Market, by Distribution Channel
10. Impact of COVID-19 Pandemic On APAC Baby Finger Food Market
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Hero Group
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Nestlé, S.A.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Kraft-Heinz, Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 The Hain Celestial Group, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 HiPP GmbH & Co. Vertrieb KG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Lotus Bakeries Corporate
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.1 Key Developments
11.7 Dana Dairy Group
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. APAC Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. APAC Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 3. APAC Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 4. Australia Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 5. Australia Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 6. China Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 7. China Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 8. India Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 9. India Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 10. Japan Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 11. Japan Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 12. South Korea Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 13. South Korea Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 14. Rest of APAC Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 15. Rest of APAC Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 16. Glossary of Terms, APAC Baby Finger Food Market
LIST OF FIGURES
Figure 1. APAC Baby Finger Food Market Segmentation
Figure 2. APAC Baby Finger Food Market Segmentation – By Country
Figure 3. APAC Baby Finger Food Market Overview
Figure 4. Prepared Segment Held Largest Share of APAC Baby Finger Food Market
Figure 5. China Held Largest Share Of APAC Baby Finger Food Market
Figure 6. Baby Finger Food Market, Industry Landscape
Figure 7. APAC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. APAC Baby Finger Food Market Impact Analysis of Drivers and Restraints
Figure 10. APAC: Baby Finger Food Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. APAC: Baby Finger Food Market Revenue Share, by Product Type (2019 and 2027)
Figure 12. APAC Prepared: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 13. APAC Dried: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. APAC Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. APAC: Baby Finger Food Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 16. APAC Hypermarkets and Supermarkets: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 17. APAC Convenience Store: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 18. APAC Online: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 19. APAC Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 20. APAC: Baby Finger Food Market Revenue Share, by Key Country (2019 and 2027)
Figure 21. Australia: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 22. China: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 23. India: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Japan: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 25. South Korea: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Rest of APAC: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in APAC Country Markets
- Hero Group
- Nestlé, S.A.
- Kraft-Heinz, Inc.
- The Hain Celestial Group, Inc.
- HiPP GmbH & Co. Vertrieb KG
- Lotus Bakeries Corporate
- Dana Dairy Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Baby Finger Food Market
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- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the baby finger food market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution