DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wgvf9c/organic_baby_food) has announced the addition of the "Organic Baby Food Market: BRIC Industry Analysis and Opportunity Assessment 2015 - 2025" report to their offering.
The BRIC organic baby food market was valued at US $ 1,239.1 Mn in 2014 and expected to reach US $ 3,528.7 Mn by 2020, reflecting a CAGR of 19.5% during forecast period. The BRIC organic baby food market is expected to account for the fastest growth as compared to other regions. This growth is supported by rapid urbanisation and rising disposable income in BRIC countries The BRIC organic baby food market witnesses a major contribution from milk formula organic baby food followed by prepared organic baby food.
Organic baby food products are manufactured from organically grown ingredients and processing it naturally without any addition of chemical. The emerging concern with wellbeing, consciousness for greener products and awareness among the consumers about the availability of safer food products is expected to fuel the market growth for organic cosmetics in the near future.
On the basis of product type, the sub segmentation includes milk formula, dried baby food, ready to feed baby food, prepared baby food and others. Among the above mentioned sub segments, milk formula organic baby food market is expected to contribute largest share in terms of revenue followed by prepared organic baby food. Milk formula organic baby food in BRIC was valued at US$ 372.0 Mn in 2014 and is expected to register a CAGR of 20.3% by 2020. The demand for prepared organic baby food products is supported by the increasing awareness among the consumers about the health benefits by consuming cereal products coupled with rising parental concern for improving their child's meal quality.
On the basis of distribution channel type, the sub segmentation includes speciality outlet, supermarkets, internet or online selling, chemist/pharmacies/drugstores, and others. Sell out through supermarkets is expected to show a double digit growth and emerge as the most dominating distribution mode for organic cosmetic products, preferred by the consumers during the forecast period. Furthermore, online retailing or sell out through internet is predicted to hold second position in terms of CAGR during the forecast period.
Geographically, the market is sub segmented into four countries namely India, China, Brazil and Russia. Among all these countries China is expected to be the highest contributor in terms of revenue followed by India. China contributed US$ 679.4 Mn in 2014 and is expected to witness a highest CAGR of 21.2% in the forecasted period. The growth in China is supported by the food safety issues such as melamine scandal in baby food has led the consumers to turn towards healthy and hygienic food.
Key Topics Covered:
1. BRIC Organic Baby Food Market - Executive Summary
2. Research Methodology
3. Assumptions & Acronyms Used
4. BRIC Organic Baby Food Market Overview
5. BRIC Organic Baby Food Market Overview
6. Brazil Organic Baby Food Market
7. Russia Organic Baby Food Market
8. India Organic Baby Food Market
9. China Organic Baby Food Market
10. Competitive Landscape
- Abbott Laboratories
- Bellamy's Australia Limited
- British Biologicals
- Campbell Soup Company
- Groupe Danone
- H.J. Heinz Company
- Hero Group
- Nestle S.A
- Otsuka Holdings Co., Ltd
- Pristine Organics Pvt Ltd
For more information visit http://www.researchandmarkets.com/research/wgvf9c/organic_baby_food
