Asia Pacific Organic Baby Food Market Research Report - Forecast to 2027
The market is expected to reach USD 6.76 billion at a CAGR of 11.87% by the end of 2027 in terms of value.
- Market Research Future
- Geography Covered
- Asia Pacific
- Publication Date
Over the past few years, the Asia Pacific organic baby food market has observed a healthy demand. The market is expected to reach USD 6.76 billion at a CAGR of 11.87% by the end of 2027 in terms of value. Asia Pacific organic baby food market has observed a considerable invention in terms of new product development along with research & development. Also, the overall disposable income of the consumer has increased over the past few years, which, in turn, likely to accelerates the sales of organic baby food during the forecast period of 2017-2027.
The demand for organically produced foods is increasing exponentially, which is positively impactingthe growth of the organic baby food market. Changing consumer buying behavior, rising consumers awareness regarding health, and the inclination of the consumers to pay high price for healthy food products are expected to enhance the demand for organic baby food in the Asia Pacific region. The presence of organic baby food manufacturers is positively influencing the sales of organic baby food products.
The organic baby food manufacturing companies can penetrate their business into the developing economies like India, China, ASEAN countries, and other developing economies, which provide a lucrative opportunity to key international players. The Asia Pacific organic baby food market is undergoing a massive technological advancement.
The Asia Pacific organic baby food market is segmented into China, India, Japan, Australia, New Zealand, Indonesia and Rest of Asia Pacific. Among the countries, China is accounting for significant major market proportion in the Asia Pacific organic baby food market. The segment is expected to observe an impressive CAGR of 12.01% during the forecast period of 2017-2027. Indonesia is projected to grow at a CAGR of about 12.25% over the forecast period 2017-2022.
Organic baby food market has been segmented on the basis of the type which comprises of ready to eat baby food, milk formula, dried baby food and others. On the basis of ingredients, the market has been segmented into as grains & cereals, dairy, vegetables, fruits, meat. Organic baby food market has been segmented by distribution channel such as store-based & non-store based. The store-based segment is further segmented into hypermarkets, food specialist, convenience stores, and others.
The leading market players in the Asia Pacific Organic Baby Food market primarily are Danone S.A. (France), Hero Group (Switzerland), Abbott Laboratories (U.S.), Kraft Heinz Foods Company (U.S.), Nestle S.A. (Switzerland), Hain Celestial Group (U.S.), Bellamy’s Australia (Australia).
• Food & beverages manufacturers
• Organic Baby Food manufacturers
• Raw material suppliers
• End users (food & beverages industry)
• Retailers and wholesalers
• E-commerce companies
• Traders, importers, and exporters
• Among the product type, ready-to-eat segment is anticipated to account the maximum market proportion in the Asia Pacific organic baby food market over the forecast period of 2017-2027. The segment is expected to reach USD 4,555.1 million by the end of 2027
• Among the ingredients, grains & cereals is expected to hold the major market proportion in the Asia Pacific organic baby food market. The segment is projected to witness a CAGR of 11.69% during the forecast period of 2017-2027
Regional and country analysis of organic baby food market development and demand Forecast to 2027 Market:
As per the MRFR analysis, the Asia Pacific organic baby food market is estimated to reach USD 6,769.5 million by the end of 2027, with registering a substantial CAGR of 11.87%
The reports also cover country-level analysis:
• Asia Pacific
o New Zealand
o Rest of Asia Pacific