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
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.
China and India are the major contributors to the market in APAC. In 2019, China contributed to the largest share in the APAC baby finger food market while India is expected to be the fastest-growing country over the forecast period. Growth in urbanization and upsurge in the middle-class population supports the market for baby finger food in China and India. The countries are considered to be the significant markets of baby finger foods, in terms of production and consumption. Rapid urbanization coupled with increase in disposable income and shift in consumer lifestyle are some of the potential drivers facilitating the growth of the baby finger food market in the countries. Further, the growth of distribution channel such as hypermarket and supermarket, online, convenience store and other along with strong presence of leading manufacturers have significantly driven the growth of the baby finger food market in both the countries.
Increasing demand for organic and natural baby finger food is bolstering the growth of the baby finger food market in APAC region. Organic baby finger foods are such baby foods which are prepared from such fruits and vegetables which are being cultivated without the use of artificial fertilizers or harmful chemicals. Organic and natural form of baby finger food has started gaining traction in the wake of alarming health issues and rising focus on healthy living. The organically grown baby finger food is capable of better retaining essential nutrients. Rising use of organically grown fruits and vegetables in preparation of baby finger is expected to promote the growth of the market. Companies such as The Hain Celestial Group, Inc.; HiPP GmbH & Co. Vertrieb KG; and other companies distribute organic baby finger food worldwide. Apart from the rise in population demanding healthier food options, rising disposable income has fuelled the demand for organic baby finger food. The well-established countries are specifically experiencing massive growth in demand for organic food.
Based on distribution channel, the baby finger food market is bifurcated into hypermarket and supermarket, convenience stores, online and others. The online portals have been beneficial in the growth and expansion of the baby finger food market. Increased use of mobile phones, computers, and laptops, has helped in the growth of digital channels, with respect to strength and volume. Every manufacturer wants to sell their product online, as it reduces the operation cost and helps them to reach targeted customers. This also helps to increase the consumer base and sell their products. Also, consumer online marketing has an added benefit of home delivery, varied payment options, and attractive discounts and offers that have been convenient for the customers. Many consumers are opting for online shopping as it saves time, money, and efforts for shopping compared to other distribution channels. Also, these portals provide detailed information about the product, such as product description, user’s review, application, and user guide, which helps the buyer to compare different products at a glance and choose the product wisely. Features such as 24x7 availability, easy access, secure payment options, quick service, and home delivery have attracted consumers to shop online for baby finger food products. Increased internet and smartphone penetration have enabled the consumer to explore various e-commerce portals and shop daily needs products online. The online portal with a great user interface offers convenience, a wide range of products and discounts & offers, which attracts the consumer. The comfort, availability of a vast array of products, and time management properties of online stores are the contributing factors to the online channels to promote the sales of baby finger food market.
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.
APAC Baby Finger Food Market Revenue and Forecast to 2027 (US$ Million)
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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
APAC Baby Finger Food Market – Companies Mentioned
- 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
- 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 APAC 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 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