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Organic Baby Food Market market is expected to grow at a CAGR of 15.1% during the forecasted period | Evolve Business Intelligence

11-26-2023 02:29 AM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Organic Baby Food Market market is expected to grow at a CAGR

As per the study initiated by Evolve Business Intelligence, the global Organic Baby Food Market size accounted for USD 8.1 Billion in 2023, growing at a CAGR of 15.1% from 2023 to 2033. Organic baby food refers to baby food products that are made from organic ingredients. Organic farming practices involve avoiding the use of synthetic pesticides, fertilizers, genetically modified organisms (GMOs), and other artificial additives. Instead, organic farming relies on natural methods to enhance soil fertility and control pests.

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Parents are increasingly concerned about the health and nutrition of their infants. They opt for organic baby food because it is perceived as a healthier option, free from potentially harmful chemicals and pesticides. As disposable incomes rise, parents may be more willing to spend on premium and organic products for their babies. Organic baby food is often considered a premium product, and as household incomes increase, the demand for such products tends to rise. Consumers are becoming more aware of the environmental impact of food production. Organic farming practices are often seen as more sustainable and environmentally friendly, which can drive consumer preferences towards organic baby food. Stringent regulations and standards for baby food products, along with increasing awareness about the importance of organic certification, contribute to the growth of the organic baby food market. Regulatory support for organic farming practices can also play a role.

Key Players
Some of the major Organic Baby Food Market players holding high market shares include Abbott Laboratories, Nestlé S.A., Hero Group, Amara Organics, and Danone. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Plum Organics, The Hein Celestial Group, and North Castle Partners, LLC. HiPP, and Baby Gourmet Foods Inc.

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Segmental Analysis
Based on product, the Organic Baby Food market is segmented into Prepared Baby Food, Dried Baby Food, Infant Milk Formula, and Others. Infant milk formula emerged as the largest product segment in the Organic Baby Food market. Increasing awareness about the potential health benefits of organic products, coupled with concerns about the safety of conventional infant milk formula, is driving parents towards organic alternatives. The increasing number of women entering the workforce has led to a greater demand for convenient and easy-to-prepare infant feeding solutions. Organic infant milk formula offers a convenient and nutritious option for busy parents.

Based on distribution channels, the Organic Baby Food market is Supermarkets/Hypermarkets, Pharmacies, Department Stores, E-Commerce, and Others. Supermarkets/hypermarkets held the largest market share in Organic Baby Food. Supermarkets/hypermarkets offer a vast assortment of organic baby food products, catering to diverse consumer preferences and dietary needs. Supermarkets/hypermarkets are widely accessible and conveniently located, making them a popular destination for grocery shopping, including baby food purchases.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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