Organic Infant Food Market Revenue Drivers | Business Opportunities | Risks Assessment
The global
Market Insights:
Organic infant food market is anticipated to grow considerably in the forecast period due to rise in number of working women and increase in birth rates. Organic infant food is the baby food processed without pesticides or synthetic fertilizers. It does not contain colors additives, artificial flavors, or preservatives. These formulations are milk-based and include healthy quantity of iron, which is beneficial for infants under a year.
Key Players:
• Abbott Laboratories
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Growth Drivers:
Organic infant food market is driven by the growing awareness of organic baby foods, increase in parental health issues and breastfeeding restrictions and increasing initiatives by government for better baby health. Moreover, increase in spending power of consumers is also expected to drive the market. However, in exorbitant prices for baby food in comparison to the conventional baby food is restraining the market growth.
Rising preference of consumers for online shopping of organic infant food is an emerging trend in the market. Increasing government and private investments in organic baby food market is an opportunity for the market players. Moreover, market players are adopting strategies like acquisition, product launch, and collaboration to establish significant market position.
Market Segment:
Key Product:
• Infant Milks
Regional Outlook:
North America is expected to dominate the market due to rise in demand for organic food products. Asia Pacific is also expected to lead the market in future.
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