Europe Baby Finger Food Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type and Distribution Channel Hypermarket and Supermarket, Convenience Stores, Online, and Others

Prepared Segment to Dominate Europe Baby Finger Food Market during 2020-2027

According to a new market research study on “Europe Baby Finger Food Market Forecast to 2027 - COVID-19 Impact and Analysis - By Product Type (Prepared, Dried, and Others) and Distribution Channel (Hypermarket and Supermarket, Convenience Stores, Online, and Others)” the market is expected to reach US$9,289.73 million by 2027 from US$5,051.56 million in 2019; it is expected to grow at a CAGR of 8.0% from 2020 to 2027. The report provides trends prevailing in the Europe Baby Finger Food market, and the drivers and restraints pertaining to the market growth. Increasing awareness regarding baby nutrition paired with a surge in working women populace is the major factor driving the growth of the market in Europe. Moreover, in Europe, the high-class lifestyle of people and rising buying capacity of the consumers are resulting in increasing demand for various baby finger food products in the region. The consumers are willing to pay higher prices for these products due to raising awareness about the benefits associated with the consumption of nutritional baby finger food products. However, presence of high level of sugar content along with high price associated with baby finger food hinder its growth. Also, the COVID-19 pandemic has affected industries and economies in various countries due to lockdowns, business shutdowns, and travel bans. In Europe, as per the recent data, Russia has recorded the highest number of COVID cases. Other than this, Spain, Germany, France and UK have also been hit hard and are expected to suffer an economic hit due to a lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to adversely impact market growth in Europe.

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.

Hero Group; Little Dish; Nestlé, S.A.; Kraft-Heinz, Inc.; The Hain Celestial Group, Inc.; Annabel Karmel Group Holdings Limited; HiPP GmbH & Co. Vertrieb KG; Piccolo; Lotus Bakeries Corporate; and Dana Dairy Group are among the leading companies in the Europe Baby Finger Food market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Kiddylicious introduced two new snacking ranges, such as the innovative NPD - Kiddylicious Melty Buttons and Kiddylicious Juicy Fruit Bars. Kiddylicious Melty Buttons are tasty rice buttons made with fruit and vegetables, ideal finger food for little hands. They are available in two variants, such as raspberry & beetroot and banana & pumpkin. Likewise, in 2018, Lotus Bakeries Corporate announced the acquisition of Kiddylicious, which is an innovative British food company that produces delicious, nutritious, portion-controlled snacks and meals for growing babies, toddlers, and preschoolers.

The report segments the Europe Baby Finger Food Market as follows:

Europe Baby Finger Food Market - By Product Type

• Prepared
• Dried
• Others

Europe Baby Finger Food Market - By Distribution Channel

• Hypermarket and Supermarket
• Convenience Stores
• Online
• Others

Europe Baby Finger Food Market - By Country

• Germany
• UK
• France
• Italy
• Russia
• Rest of Europe

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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 Europe 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