Review of the infant formula market in Russia

게시됨 2024년 12월 25일

Tridge 요약

The article highlights the surge in prices for baby milk formulas in Russia in 2024, with the average price per package increasing by 11%. Despite the rising costs, the market sees growth both in terms of sales volume and financial revenue, driven by a demand for formulas that match breast milk quality. The environmentally friendly production of these formulas is becoming a significant trend, alongside efforts to reduce allergenic elements and enhance product safety. Russian retail chains offer a variety of brands, with Swiss corporation Nestle SA's NESTOGEN and NAN brands leading the market, followed by Nutrilon, the domestic 'Malutka' brand, Nutrilak, and Mamelle. The data shows a notable growth in sales for the market leaders, although a decrease in sales for Similac and a remarkable increase for the Belarusian brand 'Bellakt' due to its low initial sales volume.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Baby food is worth its weight in gold: prices for formulas break records in 2024 According to research, only 19% of mothers after the birth of a child use exclusively ready-made milk formulas to feed their babies, about 50% prefer mixed feeding. Gradus experts conducted a study of the sales market for baby milk formulas using the Gradus Retail Index algorithms. As in other product segments, prices for milk formulas showed growth, and buyers naturally switched to more budget-friendly products. The subsegment of the baby food market - the market for infant milk formulas (IMF) includes special mixtures that replace breast milk and are intended primarily for children under one year of age. In Russia, it is the second largest in terms of sales in ruble terms on the baby food market after the fruit puree category. The share of the milk formula subsegment in the first half of 2024 accounted for 19.4% of the total baby food market. Breast milk substitutes and other infant formulas mainly ...
출처: Oilworld

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