The Baby Food Preparations Market in Finland has demonstrated mixed performance over the past decade, with the value per capita showing an overall upward trend from 2012 to 2022. The market value increased from 4.43 Euros per capita in 2012 to 5.28 Euros in 2022. Notably, the years 2015 to 2017 saw the market peaking slightly, with a cooling off period evident from 2018 to 2020. A resurgence is noticeable again in 2021 and 2022, hitting 5.28 Euros per capita.
Looking at the most recent data points:
• From 2021 to 2022, the market value per capita remained stable at 5.28 Euros, with 0% year-on-year variation.
• Over the five-year period from 2018 to 2022, the Compound Annual Growth Rate (CAGR) stands at about 1.3%.
In 2023, the market continues to maintain its value at 5.28 Euros per capita, reflecting a consistent demand in the market despite socio-economic fluctuations.
Future trends to watch for include potential innovations in product offerings, increased consumer preference for organic and sustainable baby food options, and the impact of demographic changes such as birth rates. Monitoring the market for changes in consumer behavior and emerging health trends in baby nutrition will be critical for anticipating future market dynamics.
How does Finland rank in Baby Food Preparations Market Size Value Per Capita?
# | 6 Countries | Euros Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Czech Republic | 9.14 | 2023 | View data | ||
2 | 2 Finland | 5.33 | 2023 | |||
3 | 3 Greece | 5.32 | 2023 | View data | ||
4 | 4 Bulgaria | 3.92 | 2023 | View data | ||
5 | 5 Croatia | 3.54 | 2023 | View data | ||