The Baby Food Preparations market in Lithuania stood at 1,009.1 thousand kilograms in 2023. Over the past decade, the market witnessed fluctuations with significant growth in 2017 and a notable dip in 2020, followed by a recovery. The year-on-year growth was 3.81% in 2023, while the five-year CAGR showed a slight decline of 0.13%, indicating slight volatility but overall stability in volume.
Future trends in the Lithuanian baby food market may include:
- Increasing demand for organic and health-focused baby food products.
- Potential growth driven by rising awareness regarding baby nutrition.
- Digitalization and e-commerce influencing purchasing behavior.
- Potential impact of demographic changes on overall demand.