DUBLIN--(BUSINESS WIRE)--The "Organic Baby Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
According to the report, the global organic baby food market reached a value of US$ 5.4 Billion in 2017. The market is expected to reach a value of US$ 10 Billion by 2023, exhibiting a CAGR of 10% during 2018-2023.
Rising number of malnutrition cases and health concerns for the overall growth of the babies represent the key factors driving the global organic baby food market. Improved economic conditions have resulted in increased expenditure by the parents. Therefore, they are willing to spend on high-quality and expensive products for the wellness of their babies. Urbanisation and growing working population, especially women, has encouraged convenience-oriented lifestyles, which is increasing the demand for organic baby food globally. However, the high price of organic baby food, as compared to the conventional baby food, is anticipated to impede the market growth in some regions.
The report has segmented the market on the basis of type, including RTE (Ready-to-Eat) baby food, milk formula, dried baby food and others. Amongst these, RTE baby food represents the most popular product type, holding the majority of the market share.
The market has also been analysed on the basis of distribution channels and covers supermarkets and hypermarkets, specialty stores, convenience stores, online retailers and others.
Region-wise, North America represents the leading market for organic baby food, followed by Europe. Other major regions include Asia Pacific, Middle East and Africa, and Latin America.
- Abbott Nutrition
- Hero Group
- Kraft Heinz
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
5 Global Organic Baby Food Market
6 Market Breakup by Product Type
7 Market Breakup by Distribution Channel
8 Market Breakup by Region
9 Organic Baby Food Manufacturing Process
10 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/2t5pcb/global_organic?w=4