Report covers the present scenario and the growth prospects of the global organic baby food market for 2017-2021.
Albany, NY -- (SBWIRE) -- 10/05/2017 -- Organic food is one of the fastest growing sectors in the food industry overall, experiencing double-digit growth in most developed markets. Organic baby food is considered to be a healthier alternate to conventional baby food. In recent years, rise in parental concerns over baby's nutrition, increase awareness with respect to the benefits of organic products and high percentage of working mothers has impacted the market growth positively. To explore the current trends and future growth prospects in this rapidly growing market, a study titled "Global Organic Baby Food Market 2017-2021" has been published to the online repository of Market Research Hub (MRH). The study presents a thorough overview of organic baby food market with key highlights to its growth prospects for the period, 2017 to 2021. According to the study conclusions, the global organic baby food has witnessed increased adoption from the past few years, which is further anticipated to grow at a CAGR of 11.61% during the period 2017-2021.
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Organic food and organic baby food is any food that is made or grown without synthetic (chemical) materials being used during growth, processing & production. These organic baby foods cost more when compared to the normal baby food offered in the market, but considering the fact that these foods have a "feel good" factor, parents are willing to pay the difference. Looking to this growing demand, it has been analyzed that the global baby food and infant formula market will see moderate growth during the forecast period. Also, Parents' concern about offering their babies the best in terms of taste and nutrition will also contribute to market growth.
Initially, the report comprises an elaborate executive summary which includes market snapshot that provides information about various segments. In the subsequent section, a detailed qualitative assessment of the driving forces, limiting factors, opportunities and challenges has been provided. Major market trends observed by the study include increasing mergers and acquisitions, increasing online purchasing of organic baby foods and innovation in packaging.
Moving further, the report provides details of the market segmentation by types, application and geography. Geographically, the report majorly highlights some of the key regions which include APAC, Americas and EMEA. Of these, the Americas accounted for the highest revenue share of this organic baby products market during 2016. Moreover, the market has been segmented by product type, distribution channel. As per the report, types of organic baby food include organic prepared baby food, organic infant formula and organic dried baby food. At present, organic prepared baby food segment holds the major shares of this market. By distribution channel, the market has been segmented into supermarkets and hypermarkets, convenience stores, pharmacies and drug stores; and independent retailers.
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Moving further, the study includes the profiles of key players in the market and the policies adopted by them to sustain in the competition. Key vendors operating in this market are Abbott, Nestl, The Hain Celestial Group, Danone and HiPP.
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