Press release
Organic Baby Food Market | Top Key Players are Nestlé S.A., Kraft Heinz, Company Hero Group, Amara Organics, Baby Gourmet Foods, Bellamy's Australia, Green Monkey, Healthy Sprouts Foods
Organic baby foods are manufactured using the highest-quality manufacturing techniques to maintain good quality and prevent traces of chemicals in these products. Advantages of consuming organic food include less exposure to chemical residues, more vitamin intake, and fair presence of various minerals and omega-3 fatty acids. In addition, fresh and nutritious food will help boost the overall development of the infant, resulting in a strong and robust immune system. A major driver for the organic baby food market is high birth rates in the developing regions. According to the UN, there were 675 million infants in 2016, which defines a massive scope for this market. Relaxed regulatory scenario regarding the quality check of baby food products in the emerging economies is one of the major factors hindering the growth of the organic baby food market at present. Further, increasing inclination toward homemade food in countries such as India is also a major market restraint.Market Dynamics
A population boom has been observed in the two largest populated countries in the world — India and China. Asia Pacific was host to around half of the world’s infant population i.e., 311 million, in 2016. Further, according to the UN, the total population of Africa is expected to reach 1.3 billion by 2050. Due to the high demand for organic baby food products, the market is slated to grow at a very fast pace since the political and economic turmoil in the region is expected to decline by the end of the forecast period.
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North America and Europe are the dominant regions for organic baby food. High purchasing power of the consumers coupled with rising awareness about infant nutrition is a prominent factor bolstering the demand for organic baby food market in these regions. The organic baby food market in North America was valued at US$ 2,092.9 Mn in 2016.
Asia Pacific is the fastest growing market for organic baby food owing to its large population and high birth rates, especially in countries such as India and China. According to World Health Organization (WHO), Asia Pacific had around 311 million of infant population (nearly half of world’s infants) in 2016. Major market players are looking for opportunities to expand their business in Asia Pacific region owing to favorable condition it offers for growth of organic baby food market.
Consumers residing in countries such as the U.A.E., Qatar, and Saudi Arabia exhibit a high purchasing power due to which they can afford premium quality products such as organic baby food. Further, the demand for the same is also rising on account of increasing awareness on the need for good health and wellbeing. Further, consumers in these countries are aware of the repercussions of inadequate infant nutrition as well.
The global organic baby food market was valued at US$ 6,516.0 Mn in 2016 and is expected to expand at a CAGR of 10.8%, in terms of revenue, during 2017 – 2025.
Major Players in the Global Organic Baby Food Market
The major players in the organic baby food market are Abbott Laboratories, Groupe Danone, Nestlé S.A., Kraft Heinz, Company Hero Group, Amara Organics, Baby Gourmet Foods Inc., Bellamy's Australia, Green Monkey, Healthy Sprouts Foods, HiPP, Initiative Foods, Little Duck Organics, North Castle Partners, Olli Organic, One Earth Farms, Tastybaby, and Vitagermine, among others.
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