Key Market Indicators
Australian baby food consumption is projected to decline over the next five years, shrinking from approximately 10,000 metric tons in 2023 to around 9,000 metric tons by 2028. This represents an average annual decrease of 2.1%. Despite this forecasted drop, demand for baby food in Australia has remained stable since 2019, showing no significant changes during this period. The anticipated reduction marks a notable shift in the market, suggesting potential shifts in consumer behavior or demographic trends in the coming years.
