South Africa Infant Nutrition Market Size & Outlook
South Africa infant nutrition market, 2018-2030 (US$M)
Related Markets
South Africa infant nutrition market highlights
- The South Africa infant nutrition market generated a revenue of USD 16.2 million in 2023 and is expected to reach USD 27.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, infant milk formula was the largest revenue generating product in 2023.
- Infant Milk Formula is the most lucrative product segment registering the fastest growth during the forecast period.
Infant nutrition market data book summary
| Market revenue in 2023 | USD 16.2 million |
| Market revenue in 2030 | USD 27.6 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Infant milk formula |
| Fastest growing segment | Infant Milk Formula |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infant Milk Formula, Baby Food, Follow-on-Milk, Other Products |
| Key market players worldwide | Nestle SA, Walgreens Boots Alliance Inc, Danone SA, Abbott Laboratories, The Hain Celestial Group Inc, Holle baby food, China Mengniu Dairy Co Ltd, Perrigo Co PLC, The Kraft Heinz Co, Dana Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 4.4% of the global infant nutrition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE infant nutrition market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Infant Nutrition Market Scope
Infant Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa infant nutrition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to infant nutrition market will help companies and investors design strategic landscapes.
Infant milk formula was the largest segment with a revenue share of 38.89% in 2023. Horizon Databook has segmented the South Africa infant nutrition market based on infant milk formula, baby food, follow-on-milk, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to South Africa infant nutrition market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa infant nutrition market databook
-
Our clientele includes a mix of infant nutrition market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa infant nutrition market , including forecasts for subscribers. This country databook contains high-level insights into South Africa infant nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa infant nutrition market report size, by product, 2018-2030 (US$M)
South Africa Infant Nutrition Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
