Women workforce continues to grow across various sectors. This trend is likely to become more rampant in the years to come and consequently trigger opportunities for consumer goods that represent niche markets. The growth of the baby food industry serves as a classic example of the phenomenon. A recent study conducted by Market Research Future (MRFR) reveals that the global market for organic baby food is set to surge at a CAGR of 11.73% between 2018 and 2027 to reach a valuation in excess of USD 17,000 Mn.

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Competitive Landscape

Abbott Laboratories (U.S.), Danone S.A. (France), Hero Group (Switzerland), Nestle S.A. (Switzerland), Kraft Heinz Foods Company (U.S.), Plum Inc (U.S.), Hain Celestial Group (U.S.), Bellamy’s Australia (Australia), Hipp GmbH & Co. Vertrieb KG (Germany) and Sprout Organic Foods, Inc. (U.S.) are some of the leading companies operating in the organic baby food market include.

Segmentation Analysis

The Organic Baby Food Market has been analyzed based on product type, ingredients, distribution channel and regions. Based on product type, the market has been segmented into ready-to-eat, prepared baby food, milk formula, dried baby food, and others. By ingredients, the market has segmented into grains & cereals, dairy, vegetables, fruits and others. The grains & cereals segment is expected to retain its top position over 2027.

Regional Analysis

Based on regions, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa (MEA). Among this, North America currently accounts for the largest market share followed by Europe. Meanwhile, the market in Asia-Pacific is projected to grow at the relatively higher CAGR of 12.36% during the forecast period.

Market Scope

Processed organic baby food items have emerged as a convenient option for new mothers as it ensures enough supply of nutrition to the baby without any potent threats. In advanced countries, organic baby food is picking up steam relatively faster as compared to developing or third world counties. This is primarily owing to factors such as the higher ratio of working women and purchasing power in developed countries.

Browse more details about “Organic Baby Food Market Research Report- Forecast to 2027” at: https://www.marketresearchfuture.com/reports/organic-baby-food-market-1613

Industry/ Innovation/ Related News:

India, July 2018 /press release/- Market Research Future Published a Cooked Research Report on Global Organic Baby Food Market Research Report.