Organic Baby Food Market Trends and Future Estimations forecast to 2023 including key players like Abbott laboratories, Nestl S.A., Hero Group, Amara Organics, Danone, Plum organics, The Hein celestial group, North Castle Partners

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. 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.

The key players operating in the organic baby food market includes, Abbott laboratories, Nestl S.A., Hero Group, Amara Organics, Danone, Plum organics, The Hein celestial group, North Castle Partners, LLC., HiPP GmbH & Co. Vertrieb KG, and Baby Gourmet Foods Inc. Market estimations of each segment help to analyze the key investment pockets of the organic baby food industry.

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The organic baby food market is segmented on the basis of product, mode of sale, and geography. On the basis of product, organic baby food market is categorized into prepared baby food, dried baby food infant milk formula, and others. On the basis of mode of sale, the organic baby food market is classified into offline and online. Based on geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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.

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Table of Contents

Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Organic Baby Food Market By Product Type
Chapter 5: Global Organic Baby Food Market, By Mode Of Sale
Chapter 6 Organic Baby Food Market, By Region
Chapter 7 Organic Baby Food Market, By Region
Chapter 8: Company Profiles

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This release was published on openPR.