Organic Baby Food Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive-2022
Organic Baby
foods are one of the top most growing retail products in the industry of
foods and beverages. Demand for baby foods or foods for babies continue to
exist due to the continuous rise in the expenses of middle class parents in the
world. Urban living along with lifestyle trends have resulted in the existence
of working women, who are also mothers. Hence, baby foods are best alternatives
to breast milk, and also supply essential nutrition to the babies.
The global market for baby foods is expected to be around
US$62 bn by 2022, exhibiting a modest CAGR from 2017 to 2022. Reasons like
growing trend of working mothers, the growing awareness of the advantages of
foods for babies that are organic, and the increase in the number of births in
various regions will drive the need for baby foods during next 5 years.
A newborn baby is of utmost importance to the parents, hence
organic baby foods happen to be the most important thing in their shopping
list. Baby food is soft and easy to consume item that is made as an alternative
for breast milk, along with the basic nutrition in the required quantities
resulting in healthy growth of babies. In the present scenario, baby foods are
present in dried form, prepared form and also in the form of infant formulas.
The report shows that the requirements for organic baby
foods will lead the global market in the entire in the whole of the forecast
period, although, the sales of infant formulas in the global market is
predicted to be faster and higher in comparison to other baby foods market.
Towards the end of 2022, infant formulas sales throughout the globe are
expected to be more than 6% CAGR. In this forecast period, revenues earned
through the dried baby food segment will have the least CAGR. The segment
for infant formulas will lead on account of increased usage of these products.
Over one third of the revenue contribution of the global baby foods market will
be through prepared baby foods segment, states the report.
Companies involved in the making of organic baby foods,
continuously face fierce competition in regards to the development of new baby
foods along with stringent safety measures. As it is of utmost importance that organic
baby foods be such that they have no element which will cause any health issues
to babies, it becomes the responsibility of manufacturers to ensure that the
ingredients used are safe yet nutritious. The products need to be developed
keeping the sensitive and tender nature of babies as their digestive systems
are not developed. This makes the task of manufacturing food for babies a
complicated one. Players are strategically tapping into the high demand for
organic food items which has struck the world and developing baby foods that are
organic, in order to gain market shares.
The report profiles leading players such as Mead Johnson
& Company, LLC, The Kraft Heinz Company, Campbell soups Company Nestlé
S.A., Cargill Inc., Abbott Laboratories, The Hain Celestial Group, Inc., Hero
Group A.G., DSM, Arla Foods amba, Danone, Bellamy Organics, and Perrigo
Company.
Product Type
- Dried
Baby Food
- Infant
Formula
- Prepared
Baby Food
Sales Channel
- Modern
Trade
- Departmental
and Traditional Grocery Store
- Convenience
Stores
- Online
Channels
- Other
Retail Formats
Packaging Type
- Bottles
- Jars
- Cans
- Pouches
- Cartons
- Single
serve sachets
Main Report Link: https://www.futuremarketinsights.com/reports/baby-food-market
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