Organic Baby Food Market By Leading Players, Industry Size, Application And Growth Forecast To 2023


Posted March 15, 2019 by mangeshpanhale

The organic baby food market in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to growth in urbanization, rise in birth rates, and improvement in living standards of the consumers.
 
The Organic Baby Food Market was valued at $5,834 million in 2016, and is projected to reach at $11,592 million by 2023, growing at a CAGR of 10.15% from 2017 to 2023. Europe is expected to be the leading contributor to the global organic baby food market, followed by Asia-Pacific and North America.

Rise in parental concerns with respect to babys health and nutrition, increase in awareness about benefits of organic products, eco-friendly farming techniques, rise in disposable income of consumers, growth in standard of living encourages the adoption of organic baby food products, and improved distribution channels in the industry drive the organic baby food market growth. However, premium price and certain government regulations for the approval of organic food & beverage hamper the organic baby food market growth. Various government initiatives and investment of government and private investors in the organic baby food industry are expected to provide numerous growth opportunities for the global organic baby food market. Moreover, increase in working women and growth of nuclear families have led to the adoption of organic baby food products.

Major key players are:

• Abbott laboratories
• Nestl S. A
• Hero Group
• Amara Organics
• Danone
• Plum organics
• Hein celestial group
• North Castle Partners
• LLC. HiPP GmbH & Co. Vertrieb KG
• Baby Gourmet Foods Inc.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/2243

In 2016, the prepared organic baby food segment accounted for the maximum revenue share in the overall organic baby food industry due to the convenience in usage and time saving factor for preparation of the food product. Moreover, prepared baby food products, such as purees and vegetable & fruit blends, are available in variety of flavors, such as mango, banana, peach, and others thereby providing taste and nutrition. Moreover, the other organic baby foods, such as puffs, rusks, and biscuits are expected to grow at a CAGR of 9.93% during the forecast period. The prepared organic baby food market is expected to grow, owing to the benefits of these food products in terms of nutritional value.

The offline segment accounted for the maximum share in the global organic baby food market with around 81.55% in 2016. Offline stores, such as supermarkets and hypermarkets, are mostly preferred by the costumers to purchase organic food products. However, the trend is shifting toward purchasing products online due to ease and convenience provided by these online portals. The online mode of sale is expected to grow at a CAGR OF 12.94% during the forecast period.

Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/2243

Europe accounted for the major share of the global organic baby food market in 2016, and is expected to maintain its dominance during the forecast period, owing to health-conscious costumers and demand for chemical-free baby food products. Asia-Pacific is estimated to grow at the highest rate due to rise in birth rates and growth in awareness related to beneficial effects of these food products.

Key Findings of the Organic Baby Food Market:

• In 2016, the offline mode of sale segment accounted for the maximum revenue, and is projected to grow at a notable CAGR of 9.4% during the forecast period.
• The organic infant milk formula market accounted for 12.2% share in the global organic baby food market.
• China is the major shareholder in the Asia-Pacific organic baby food market, accounting for more than 28% share in 2016.

Access Full report @ https://www.alliedmarketresearch.com/organic-baby-food-market

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
[email protected]
Web: www.alliedmarketresearch.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Allied Market research
Phone +1-800-792-5285
Business Address 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States
Country United States
Categories Food
Tags organic baby food market analysis , organic baby food market application , organic baby food market forecast , organic baby food market growth , organic baby food market share , organic baby food market size , organic baby food market trends
Last Updated March 15, 2019