Baby Food Market Research Reports & Industry Analysis in Hungary Market Trends, Size, Share, Growth, Analysis & Forecast Opportunities
ResearchMoz added Latest Research Report titled " Baby Food in Hungary " to it's Large Report database.
Summary
The baby food sales in Hungary were hit by a decline in the number of births and a poor economy, but an upturn in birth numbers in 2014, which continued into 2015, coupled with a more buoyant economy, has encouraged sales over the last two years. Hungary has very favorable conditions promoting childbirth, including generous maternity benefits and the right for mothers, or fathers, to take time off work up to the third birthday of their child. Hungary was hard hit by the recession in 2008/2009. A substantial 6.7% downturn in real GDP ensued in 2009, with unemployment rising to 10%. Some improvement was seen in 2013, as GDP grew by 1.9%. However, 2014 and 2015 have seen a significant improvement: in 2014 GDP rose by 3.7% and in 2015 by a further 2.9%. Growth in 2015 was driven by an increase in private consumption and by a good performance in exports.
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Key Findings
Demand for baby food has held up comparatively well in Hungary, with volume sales increasing by 9.2% between 2009 and 2015, although much of the growth has come in the last two years, boosted by higher numbers of births.
The wet meals sector is well developed and, in volume terms, accounts for well over half of the baby food market (57.4% in 2015). Milks account for a further 26.2% and cereals, an underdeveloped sector in Hungary, for just 4.8%.
Cereals, wet meals, and drinks are now largely sold in food outlets (an estimated 72% of sales) and drugstores (25% of sales).
The Hungarian baby food market is largely in the hands of three multinationals. Together, Danone, Hipp, and Nestl accounted for 63% of value in 2015.
Read All Food Market Research Reports @ http://www.researchmoz.us/food-market-reports-118.html
Table of Contents
Introduction
Executive summary
Definitions
Background to the Market
Birth and Population Trends
Births by Region
The Consumer
Socio-Demographic Trends
Working Women
Maternity Legislation
Breastfeeding Promotion
Breastfeeding Trends Prevalence
Regulations
Market Overview
Key features & developments
Market value and volume
Manufacturers shares
The future
Sector Analysis
Baby Milks
Baby Cereals
Baby Meals
Baby Drinks
About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Contact Us:
Mr. Nachiket
Albany NY, United States - 12207
Tel: +1-518-621-2074 / Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG
Summary
The baby food sales in Hungary were hit by a decline in the number of births and a poor economy, but an upturn in birth numbers in 2014, which continued into 2015, coupled with a more buoyant economy, has encouraged sales over the last two years. Hungary has very favorable conditions promoting childbirth, including generous maternity benefits and the right for mothers, or fathers, to take time off work up to the third birthday of their child. Hungary was hard hit by the recession in 2008/2009. A substantial 6.7% downturn in real GDP ensued in 2009, with unemployment rising to 10%. Some improvement was seen in 2013, as GDP grew by 1.9%. However, 2014 and 2015 have seen a significant improvement: in 2014 GDP rose by 3.7% and in 2015 by a further 2.9%. Growth in 2015 was driven by an increase in private consumption and by a good performance in exports.
Download free Sample PDF report with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=804665
Key Findings
Demand for baby food has held up comparatively well in Hungary, with volume sales increasing by 9.2% between 2009 and 2015, although much of the growth has come in the last two years, boosted by higher numbers of births.
The wet meals sector is well developed and, in volume terms, accounts for well over half of the baby food market (57.4% in 2015). Milks account for a further 26.2% and cereals, an underdeveloped sector in Hungary, for just 4.8%.
Cereals, wet meals, and drinks are now largely sold in food outlets (an estimated 72% of sales) and drugstores (25% of sales).
The Hungarian baby food market is largely in the hands of three multinationals. Together, Danone, Hipp, and Nestl accounted for 63% of value in 2015.
Read All Food Market Research Reports @ http://www.researchmoz.us/food-market-reports-118.html
Table of Contents
Introduction
Executive summary
Definitions
Background to the Market
Birth and Population Trends
Births by Region
The Consumer
Socio-Demographic Trends
Working Women
Maternity Legislation
Breastfeeding Promotion
Breastfeeding Trends Prevalence
Regulations
Market Overview
Key features & developments
Market value and volume
Manufacturers shares
The future
Sector Analysis
Baby Milks
Baby Cereals
Baby Meals
Baby Drinks
About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Contact Us:
Mr. Nachiket
Albany NY, United States - 12207
Tel: +1-518-621-2074 / Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG
Baby Food Market Research Reports & Industry Analysis in Hungary Market Trends, Size, Share, Growth, Analysis & Forecast Opportunities
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