Press Release / Business / Organic Baby Food Market Research 2019, Size, Share, Current Scenario, Top Companies and Forecast to 2027

Organic Baby Food Market Research 2019, Size, Share, Current Scenario, Top Companies and Forecast to 2027

Market Overview:
The multi-billion-dollar market for organic baby food will continue to witness an uptrend over the next couple of years. Market Research Future (MRFR) in its latest report reveals that the global market for organic baby food will reach a valuation of more than USD 17 Bn by the end of 2027, projected at a CAGR of 11.73% between 2017 and 2027. Changing consumer preference and growing consumer interest in health food and beverage items is influencing the global demand for organic baby food. At the same time, stricter quality requirements has prompted manufacturers to refrain from using low-grade ingredients in their products.
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This is one of the most important trends influencing the global organic baby food market. Meanwhile, innovative packaging, use of specific organic ingredients that have significant health benefits primarily focused towards cognitive and physical development are some of other key trends noticed in the organic baby food market. Today, demand for products that suit the busy lifestyle of parent has increased exponentially. Realizing the opportunities, manufacturers are investing heavily in convenient “on-the-go” packaging with clean labelling. Global sales of organic baby food are also increasing due to the rising level of awareness about feeding healthier food to their babies. In advanced countries, organic baby food is becoming a top choice among parent as they can help address several health issues commonly found in babies.
Major Key Players Analysis:
Some of premium companies profiled in MRFR’s report include Kraft Heinz Foods Company (U.S.), Hain Celestial Group (U.S.), Danone S.A. (France), Hero Group (Switzerland), Abbott Laboratories (U.S.), Nestle S.A. (Switzerland), and Bellamy’s Australia (Australia).
Segmental Analysis:
MRFR’s report offers a detailed segmental analysis of the market based on product type, ingredients, and distribution channel. Based on product type, the ready-to-eat segment is expected to remain highly lucrative over the forecast period. By ingredients, the grains & cereals segment currently accounts for a significant share of the market and trend is likely to continue in 2018 and beyond. Stores are expected to remain a leading distribution channel for organic baby food. Increasing internet penetration and the ongoing boom in e-commerce is creating growth opportunities for online stores that sell organic baby food.
Latest Industry Highlights:
Happy Family, a leading organic food brand has recently launched two USDA approved whole milk yogurt variants with probiotic contents. The products are focused towards babies over six months.
Clif Bar and Chobani are reportedly entering an innovative partnership. The former is funding an organic grain-breeding research program at Washington State University while the later has initiated third round funding of start-up food companies.
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