South America 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 SAM is expected to reach US$ 3,348.24 million by 2027 from US$ 2,116.09 million in 2019; it is expected to grow at a CAGR of 6.0% from 2020 to 2027. South America is the most likely market for baby finger food and infant formula. Most of the South American rural children population is affected by malnutrition. Therefore, South America's baby finger food companies are concentrating on introducing new products, which keeps in-check the nutritional content intake by children. Since the population is continuously growing in South America, the consumers in these regions are ready to spend more money on infant food products to provide their children with quality and nutritious food from the initial stages. Due to various food safety incidents in recent years, especially in South America, consumers in this region value safety, food preparation methods, and ingredients added to it. Hence, the majority of the consumers are choosing natural products baby finger food over others. Trusted brands selling baby finger foods in South America provide quality assurance to consumers with active market campaigns and promotions. The population in South America has been increasing, which resulted in the growth of the overall South America baby finger food market. Moreover, growing awareness about baby finger food's advantages and more significant disposable income has added to its growth. Also, growth in South America baby finger food is boosted by an upsurge in the increasing number of working women populations which has increased the baby finger food market growth. 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 SAM.
COVID-19 pandemic has affected industries and economies in various countries due to lockdowns, business shutdowns, and travel bans. As of August 2020, Brazil has the highest number of COVID-19 cases in SAM, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of SAM has taken multiple actions to protect their citizens and contain the spread of the infection. SAM is likely to face lower export revenues, due to the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the US, which are their important trade partners. Containment measures in several countries of SAM would reduce economic activity in the manufacturing sectors for at least the next quarter, with a rebound once the epidemic is under check.
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 SAM 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 SAM 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 SAM baby finger food market
- Efficiently plan M&A and partnership deals in SAM 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 SAM baby finger food market
- Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region
SAM Baby Finger Food Market Segmentation
SAM Baby Finger Food Market – By Product Type
- Prepared
- Dried
- Others
SAM Baby Finger Food Market – By Distribution Channel
- Hypermarket and Supermarket
- Convenience Stores
- Online
- Others
SAM Baby finger food Market – By Country
- Brazil
- Argentina
- Rest of SAM
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 SAM Market Segmentation
1.3.1 SAM Baby Finger Food Market – By Product Type
1.3.2 SAM Baby Finger Food Market – By Distribution Channel
1.3.3 SAM Baby Finger Food Market – By Country
2. SAM 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. SAM Baby Finger Food Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
5. SAM Baby Finger Food Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising awareness regarding baby nutrition paired with an increase in working women population
5.1.2 Availability of a wide variety of baby finger food
5.2 Restraint
5.2.1 Presence of added sugar along with high cost 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 economies
5.5 Impact Analysis of Drivers and Restraints
6. Baby Finger Food Market – SAM Analysis
6.1 SAM Baby Finger Food Market Overview
6.2 SAM: Baby Finger Food Market – Revenue and Forecast to 2027(US$ Mn)
6.3 Competitive Positioning – Key Market Players
7. SAM Baby Finger Foods Market Analysis – By Product Type
7.1 Overview
7.2 SAM: Baby Finger Food Market, by Product Type
7.3 Prepared
7.3.1 Overview
7.3.2 Prepared: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
7.4 Dried
7.4.1 Overview
7.4.2 Dried: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8. SAM Baby Finger Food Market Analysis – By Distribution Channel
8.1 Overview
8.2 SAM: Baby Finger Food Market, by Distribution Channel
8.3 Hypermarkets and Supermarkets
8.3.1 Overview
8.3.2 Hypermarkets and Supermarkets: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.4 Convenience Store
8.4.1 Overview
8.4.2 Convenience Store: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.5 Online
8.5.1 Overview
8.5.2 Online: Baby finger food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
9. SAM Baby Finger Food Market – Country Analysis
9.1 Overview
9.1.1 SAM: Baby Finger Food Market, by Key Country
9.1.1.1 Brazil: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.1.1 Brazil: Baby Finger Food Market, by Product Type
9.1.1.1.2 Brazil: Baby Finger Food Market, by Distribution Channel
9.1.1.2 Argentina: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.2.1 Argentina: Baby Finger Food Market, by Product Type
9.1.1.2.2 Argentina: Baby Finger Food Market, by Distribution Channel
9.1.1.3 Rest of SAM: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.3.1 Rest of SAM: Baby Finger Food Market, by Product Type
9.1.1.3.2 Rest of SAM: Baby Finger Food Market, by Distribution Channel
10. Impact of COVID-19 Pandemic On SAM Baby Finger Food Market
10.1 SAM: 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. SAM Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. SAM Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 3. SAM Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 4. Brazil Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 5. Brazil Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 6. Argentina Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 7. Argentina Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 8. Rest of SAM Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 9. Rest of SAM Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 10. Glossary of Terms, SAM Baby Finger Food Market
LIST OF FIGURES
Figure 1. SAM Baby Finger Food Market Segmentation
Figure 2. SAM Baby Finger Food Market Segmentation – By Country
Figure 3. SAM Baby Finger Food Market Overview
Figure 4. Prepared Segment Held Largest Share of SAM Baby Finger Food Market
Figure 5. Brazil Held Largest Share Of SAM Baby Finger Food Market
Figure 6. Baby Finger Food Market, Industry Landscape
Figure 7. SAM: PEST Analysis
Figure 8. Expert Opinion
Figure 9. SAM Baby Finger Food Market Impact Analysis of Drivers and Restraints
Figure 10. Country Overview of SAM Baby Finger Food Market
Figure 11. SAM: Baby Finger Food Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 12. SAM: Baby Finger Food Market Revenue Share, by Product Type (2019 and 2027)
Figure 13. SAM Prepared: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. SAM Dried: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. SAM Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. SAM: Baby Finger Food Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 17. SAM Hypermarkets and Supermarkets: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 18. SAM Convenience Store: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 19. SAM Online: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 20. SAM Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 21. SAM: Baby Finger Food Market Revenue Share, by Key Country (2019 and 2027)
Figure 22. Brazil: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Argentina: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Rest of SAM: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Impact of COVID-19 Pandemic in SAM 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 SAM Baby Finger Food Market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM Baby Finger Food Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM 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