The demand for infant food in Angola, measured in volume, demonstrated stability from 2014 to 2017 at 5.0 thousand metric tons. It saw a decline to 4.0 thousand metric tons in 2018 and 2019, with a significant drop to 3.32 thousand metric tons in 2020, followed by a partial recovery to 4.0 thousand metric tons by 2023. The year-on-year variations have fluctuated, with notable decreases in 2018 and 2020 and a recovery period starting in 2021. Despite this volatility, the five-year CAGR leading to 2023 was stagnant at 0%. Forecasts from 2024 onward indicate a slight downward trend, with a forecasted 5-year CAGR of -0.46% by 2028.
Future trends to watch for include:
- Potential impact of economic and political stability in Angola on infant food demand.
- The introduction and market penetration of new infant food products and brands.
- Changes in population growth rates and demographics.
- Government policies regarding family welfare and child nutrition.