by The global Organic Baby Food Market is estimated to be valued at US$ 7219.73 Mn in 2023 and is expected to exhibit a CAGR of 10.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Organic baby food refers to food made from ingredients certified as organic. Organic baby food contains no artificial colors, flavors, or preservatives. It is produced without pesticides, synthetic fertilizers, antibiotics, genetic engineering, or ionizing radiation. Organic baby food aids in digestion, boosts immunity, and promotes cognitive development among infants. The rising health awareness among parents regarding nutritional benefits of organic products is propelling the demand for organic baby food globally.
Market key trends:
One of the key trends in the organic baby food market is the increasing availability of innovative organic products. Manufacturers are focusing on developing multi-grain cereals, pouches, purees etc. It made from organic superfoods and targeting specific nutritional needs of babies. Another major trend is the rising demand for clean label products. Parents are reading labels carefully and preferring products with simple ingredients list, without artificial additives. Furthermore, the increasing adoption of online shopping among millennial parents for convenient doorstep delivery of organic baby food items is supporting the market growth. The e-commerce channels enable manufacturers to effectively target wider consumer base.
Porter’s Analysis
Threat of new entrants:
The threat of new entrants is moderate due to the stringent regulations related to the production and marketing of organic baby food products. However, growing demand provides incentives for companies to enter the market.
Bargaining power of buyers:
The bargaining power of buyers is high due to the availability of a wide range of product options from various brands in the market. Buyers can easily switch between organic baby food brands.
Bargaining power of suppliers:
The bargaining power of suppliers is moderate as the suppliers of raw materials have less differentiation. However, compliance with organic regulations helps suppliers exercise some control over prices.
Threat of new substitutes:
The threat of new substitutes is low as there are limited substitute products for organic baby foods that provide similar nutritional benefits for babies.
Competitive rivalry:
High due to presence of numerous global as well as regional players offering a variety of organic baby food products.
Key Takeaways
The Global Organic Baby Food Market Size is expected to witness high growth, exhibiting CAGR of 10.8% over the forecast period, 2023 to 2030, due to increasing awareness about nutrition and health benefits of organic foods for babies.
Regional analysis: North America dominates the global organic baby food market due to strong demand in the U.S. and Canada. However, Asia Pacific is expected to witness the fastest growth over the forecast period with growing awareness in countries such as China and India.
Key players: Key players operating in the organic baby food market are Abbott Laboratories, Groupe Danone, Nestlé S.A., Kraft Heinz, Company Hero Group, Amara Organics, Baby Gourmet Foods Inc., 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, among others.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
