Organic baby food provides essential nutrients for overall growth and development of infants. It includes cereals, milk based products and puree products that contain organic ingredients without preservatives, artificial flavors or synthetic pesticides. Organic baby food helps in easy digestion and nourishes the baby with vital nutrients.
The global Organic Baby Food Market is estimated to be valued at US$ 8317.13 million in 2023 and is expected to exhibit a CAGR of 4.4% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increased consumer preference for chemical-free baby food products and rising concerns regarding baby health are some of the major factors that are driving growth of organic baby food market. Rising disposable income has increased adoption of premium organic baby food products among parents in developed as well as developing economies. Online retailing has emerged as an important sales channel with appearance of brands exclusively selling organic baby food products through e-commerce platforms. This has made organic baby food accessible to customers even in remote areas. Manufacturers are introducing innovative packaging solutions and greater variety of organic baby food offerings tailored to different age groups to capitalize on rising preference for organic foods.
Segment Analysis
The global organic baby food market size is segmented based on product type and application. Based on the product type, the market is segmented into infant milk formula, dried baby foods, ready to eat baby foods, and others. Among these, the infant milk formula segment dominated the market in 2023 due to rising awareness about the benefits of nutrition-rich milk formula for babies.
Key Takeaways
The global Organic Baby Food Market is estimated to be valued at US$ 8317.13 million in 2023 and is expected to exhibit a CAGR of 4.4% over the forecast period 2023-2031.
Regional analysis related content: The organic baby food market in North America is expected to witness the highest growth during the forecast period. This is attributed to a rise in health consciousness among parents and growing popularity of natural and organic products in the region. Europe held the second largest share of the global organic baby food market in 2023 owing to stringent regulations related to food safety in countries like Germany, France, and the UK.
Key players related content: Key players operating in the organic baby food market are Bio-Ra, Babynat, Abbott laboratories, Bellamy Organic, Nestle, and Danone. These players are focusing on new product launches and innovations to cater to evolving customer needs. For instance, Bio-Ra launched new organic baby food jars with no added sugar in 2021.
Get more insights on this topic: https://www.newsstatix.com/organic-baby-food-market-share-and-opportunity-analysis/
Comments
0 comment