The sold production of food preparations for infants in the Netherlands has shown significant fluctuations from 2013 to 2023. The value stood at €1633.1 Million in 2023, reflecting a modest 2.87% year-on-year increase from 2022. Over the last two years, the market experienced variability with a decrease of 12.78% in 2021 followed by a recovery of 11.74% in 2022. The 5-year compound annual growth rate (CAGR) leading up to 2023 was 2.69%. Notably, past trends showed substantial variations such as the notable 52.04% increase in 2016. Future forecasts indicate a steady growth trend with the value expected to reach €1854.4 Million by 2028, with a forecasted 5-year CAGR of 2.02%, indicating a growth rate of 10.49% over the period.
Future trends to watch for include:
- Market reactions to innovations in infant nutrition
- Impact of demographic shifts such as birth rates
- Changes in regulatory environments and health standards
- Consumer preferences towards organic and hypoallergenic infant foods
- Global supply chain influences and economic conditions
