Global Organic Baby Food Market to See 10.6% CAGR through 2023, Forecasts KBV Research in Its New Report Now Available at MarketPublishers.com12 Oct 2017 • by Natalie Aster
LONDON – During the past several years, organic baby food seen rapid adoption worldwide owing to such factors as rising parents’ concerns regarding baby nutrition, enhancing awareness of benefits provided by organic food, improvements in distribution channels and expanding usage of eco-friendly farming techniques. The world’s market for organic baby food is set to continue growing at a high pace, exhibiting a 10.6% CAGR, between 2017 and 2023; by the end of the projected period, the market value will likely touch USD 11.1 billion.
The highest growth rates worldwide are expected in the APAC market for organic baby food; this is attributed to a remarkable hike in birth rates and increasing awareness of baby health and nutrition in the region.
Some of the prominent companies involved in the organic baby food industry include Abbott Laboratories, Nestle SA, North Castle Partners, Baby Gourmet Foods, Campbell Soup Company, Amara Organic Foods, Sofina (Danone), Hain Celestial Group, amid others.
Cutting-edge topical research study “Global Organic Baby Food Market Analysis (2017-2023)” elaborated by KBV Research provides a comprehensive guide to the market landscape, reviews the market historical development patterns, describes the actual scenario and covers the market performance across the key geographical markets. Besides, this report identifies and discusses the major forces hampering and fueling the market growth, provides in-depth insights into the main market segments, highlights prevailing development trends and also outlines the major future growth threats and opportunities. Furthermore, this publication offers a clear view of the competitive landscape and top players active in the market, discusses future growth prospects and gives detailed forecasts up to 2023.
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