Organic Baby Food Market - 11.51% CAGR to 2020 Driven by EMEA
PUNE, India, July 7, 2016 /PRNewswire/ --
Global organic baby food market 2016-2020 report says a trend boosting market growth is the rise in online purchases of organic baby foods. Consumers today prefer the convenience of online shopping, owing to their increasingly busy lifestyles, and this is likely to extend to the organic baby foods segment as well. Increased Internet penetration, access to smartphones, and simplified e-banking systems will lead to more purchase through the online channel.
Complete report on organic baby food market spread across 60 pages, analyzing 4 major companies and providing 32 data exhibits now available at http://www.sandlerresearch.org/global-organic-baby-food-market-2016-2020.html.
The analysts forecast global organic baby food market to grow at a CAGR of 11.51% during the period 2016-2020. According to the Global Organic Baby Food Market 2016-2020 report, a key growth driver is the rising birth rate in developing economies. The rising birth rates along with growing affluence in emerging economies will fuel the demand for organic baby food over the next five years. Birth rates are increasing in developing regions such as Latin America, Oceania, the Middle East, and North and Sub-Saharan Africa. The birth rates in these regions are some of the highest in the world.
The demand for organic baby food is augmented primarily by the increasing awareness about its health benefits and the parents' desire to provide their children with the best. Organic baby food contains organically grown ingredients, which are generally considered safer than conventional counterparts. At present, EMEA dominates the global organic baby food market by accounting for almost 38% of the overall market space. The growing demand for organic prepared baby food and organic milk formula in European countries are some of the factors fueling growth in the organic baby food market in EMEA during the forecast period.
By 2020, the organic prepared baby food segment is expected to dominate the market by accounting for a market share of almost 76%. The growing parental concern about the safety of foods consumed by their children is the driving force behind the increasing popularity of organic prepared baby food. Besides, these ready-to-mix and eat products combine health and convenience and appeal to working mothers. Organic prepared foods are available in jars and are sometimes frozen, depending on the ingredients.
The following companies are the key players in the global organic baby food market: Abbott Laboratories, Danone, Nestlé, and Hero. Other prominent vendors in the market are: Amara Baby Food, Baby Gourmet, Bellamy's Australia, Green Monkey, Healthy Sprouts Foods, HiPP, Initiative Foods, Little Duck Organics, North Castle Partners, Olli Organic, One Earth Farms, Tastybaby, and Vitagermine. Order a copy of Global Organic Baby Food Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=56712.
Global Organic Baby Food Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global organic baby food market for 2016-2020. The market size and forecasts provided in this report are calculated on the basis of revenue from retail sales of organic baby food products.
Another related report is Global Baby Food and Infant Formula Market 2016-2020, According to the report, a key growth driver for this market is breastfeeding limitations. Mothers may be unable to breastfeed for a variety of reasons. For instance, if the mother is not making enough milk for various reasons such as having multiple kids, giving birth at a later age, and breast reduction surgery, infant formula is used. Browse complete report @ http://www.sandlerresearch.org/global-baby-food-and-infant-formula-market-2016-2020.html.
Explore other new reports on Food & Beverage Market @ http://www.sandlerresearch.org/market-research/food-beverage.
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