Organic Baby Food Market is expected to grow at a CAGR of 13.8% from 2020 to 2028 | Rising Public Health Safety Concerns Along with Increasing Number of Diseases is Elevating the Need for Organic Baby Food
iCrowdNewswire
May 20, 2021
Research report published by Proficient Market Research “Organic Baby Food Market, By Type (Milk Formula, Cereal, Puree, Whole Meal and Others); By Sales Channel (Supermarket and Hypermarket, Pharmaceutical Stores, Online and Others) Market – Growth, Future Prospects, Post COVID-19 Scenario 2021 – 2028”, states that the global organic baby food is expected to grow at a CAGR of 13.8% during the forecast period from 2020 to 2028.
Organic baby food market is growing rapidly due to the increasing number of working mothers who are looking for alternatives such as packed organic foods as they are safe for the baby and come in the purest form. Elevated number of individuals who want vegan food for their babies and non-GMOs is propelling the growth of the market globally. Growing concern regarding the toxic food chemicals getting consumed and need of the parents to make their kids eat purest food is anticipated to drive the adoption of organic baby food.
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Several sales channels through which organic baby food is sold include supermarket and hypermarket, pharmaceutical stores, online, among others. Among the sales channel hypermarket and supermarket held a higher share due to numerous amount of products to choose from and are most visited but with the covid-19 e-commerce and online sectors have also witnessed a significant jump because of the fear of infection eventually growing the demand for organic baby food market.
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Market Players
Some of the prominent players of the market include Abbott Laboratories, Danone S.A., Nestlé S.A., The Kraft Heinz Company, Hero Group, Amara Organics, Baby Gourmet Foods Inc., Bellamy’s Organic Pty Ltd, Little Duck Organics and Vitagermine SAS.
Leading companies operating in the organic baby food manufacturing are working towards providing the safest and best food formulas which can be easily digestible for the baby.
Trends and Future Outlook:
In October, 2019: Abbott Laboratories showcased their product Similac, a human milk fortifier which can provide essential nutrients for premature babies to help overcome the difficulty they face as it provides better development.
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Based on type, the Organic Baby Food market is segmented into the following:
Milk Formula
Cereal
Puree
Whole Meal
Others
Milk Formula segment led the overall organic baby food market in terms of market value
In 2020, the milk formula segment led the overall organic baby food market in terms of market value. As milk formula is easy to feed the baby and is very necessary during their growing period, its usage as well as demand may accelerate the sales of organic baby foods. Thereby this segment is going to increase growth of the market.
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Based on End-use, the organic baby food market is segmented into following:
Supermarket and Hypermarket
Pharmaceutical Stores
Online
Others
Supermarket and Hypermarket segment led the overall organic baby food market in terms of market value
In 2020, the supermarket and hypermarket segment led the overall organic baby food market in terms of market value. Due to the number of different organic foods that can be available all at one place, everything along with baby food can be bought in a single store. Thereby these factors are projected to increase growth of the market.
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North America held the largest share in the organic baby food market
In 2020, North America held the largest share in the organic baby food market due to presence of well-established companies that offer organic baby food, increased number of working women and their concern regarding the safe baby fod products , furthermore, rising awareness regarding organic food is increasing the amount of adoption towards organics.
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