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Organic Baby Food Global Market – Overview
Organic Baby Food is made with all organic food ingredients. The benefits of feeding organic food include less or no exposure to the chemical residue and its purity will help boost the overall development of the infant, resulting in a strong and healthy immune system. Growing awareness about the benefits of organic food coupled with the conceptualization of the fact that organic food is good for health is fuelling the market growth of Organic Baby Food.
Acknowledging the kind of traction garnered by this market, Market Research Future recently published a study report. According to the report, the Organic Baby Food industry is projected to reach USD 17.53 Billion by 2023 at a CAGR of ~11% from 2017 to 2023.
The baby food industry is one of the fastest-growing segments in the global food market. Globally, the market for Organic Baby Food has been increasing due to the augmented demand from the downstream markets; the key drivers for the market are the rise in disposable income and demand for high-quality products. The organic Baby Food market has been significantly prompted by the increasing number of working women, increasing birth rates in emerging markets, and high demand for prepared food.
On the other hand, factors like limited shelf life, commercialization, and globalization among others are expected to pose challenges to the market growth. However, MRFR assures that organic and various “free-from” baby foods will observe a significant growth within the same forecast period.
Organic Baby Foods are prepared without added preservatives or preservation agents which limits the shelf life of these foods further limiting the product penetration into the international or regional market.
Industry Advancements/Related News
January 15, 2018 – Albertsons’ Private-Label Organic Brand that encompasses selections in several categories including fresh produce, eggs, milk, and baby food announced that The Company has reached $1 billion in sales. The chain has announced its plans to introduce approximately 500 new products to the 1,000-plus item line this year.
January 19, 2018 – Little Spoon (US) an Organic Baby Food Delivery company launched a nutritional platform and subscription service exclusively for babies. Little Spoon’s Blueprint takes the guesswork out of what to feed your baby during the two most critical years of development as part of its subscription fresh baby food meal service.
July 25, 2017 – Once Upon a Farm (US) a well-known brand for Organic Baby Food announced that Once Upon a Farm’s Wild Rumpus Avocado has been selected by NCW’s Experts and Celebrity Judges as one of the 2017 Eco-Excellence Awards™ Finalists in the Baby Food Category.
Once Upon a Farm’s Green Kale & Apples has been selected by NCW’s Experts and Celebrity Judges as one of the 2017 Eco-Excellence Awards™ Finalists in the Toddler Snacks Category.
Worldwide Organic Baby Food Market – Segments
The Organic Baby Food Market can be segmented into 4 key dynamics for the convenience of the report and enhanced understanding.
By Product Type: Comprises Ready to Eat, Milk Formula, Dried Baby Food, and others.
By Ingredients: Grains & Cereals, Dairy, Vegetables, Fruits, Meat, and others.
By Distribution Channel: Store Based, Non-Store Based, and others.
By Regions: North America, Europe, APAC, and the Rest of the World.
Attributed to the changing lifestyles of the consumer, online store is gaining traction in the global organic baby food market and is estimated to register a CAGR of 11.94% during the review period.
The Global Organic Baby Food Market is driven by some of the leading players operating in the market including Danone S.A. (France), Hero Group (Switzerland), Abbott Laboratories (U.S.), Kraft Heinz Foods Company (U.S.), Nestle S.A. (Switzerland), Hain Celestial Group (U.S.), and Bellamy’s Australia (Australia)
Access Report Full Report Below Click links @: https://www.marketresearchfuture.com/reports/organic-baby-food-market-1613
Worldwide Organic Baby Food Market – Regional Analysis
Asia Pacific is estimated to retain its hegemony throughout the forecast period and to grow at a substantial CAGR of 11.87%. Organic baby food manufactures find a massive opportunity in India, China, and ASEAN countries. Key players are emphasizing expanding the distribution channel in the untapped market to upsurge the customer base.
China is projected to register a healthy CAGR over the forecast period. The growth is contributed by the increasing per capita disposable income and growing awareness of organic labeled food & beverages among the consumers. However, Europe is projected to experience substantial growth of 11.63% of CAGR during the review period.
EMEA leads the global organic baby food market by accounting for the largest market share. The growing demand for organic prepared baby food and organic milk formula in European countries are some of the factors fuelling growth in the organic baby food market in Europe during the forecast period.
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