ID: MRFR/F-B & N/2111-CR | 123 Pages | Published By Sakshi Gupta on May 2017
Asia Pacific Organic Baby Food Market is expected to grow at a 11.87% CAGR from 2020 to 2027
$6.76 Bn
11.87%
Asia Pacific
2020-2027
Asia Pacific Organic Baby Food Market is expected to grow at a 11.87% CAGR from 2020 to 2027 as per MRFR Analysis
Organic baby food is nothing but soft, and easily consumable food, other than breast milk or infant formula which comes in diverse formulation and multiple varieties and tastes. It is considered as total or partial substitute for breast milk for infants or toddlers of under two years and helps in baby’s growth and initial body development. Asia Pacific Organic Baby Food Market is prepared and processed without synthetic fertilizers or pesticides and don’t contain any artificial flavors, colors or preservatives.
Changing lifestyles and evolving dietary pattern, convenience food plays an important role in defining the consumers’ food choices in the modern world. The trend of consumption of convenience food began in western world and spread to other regions rapidly. Looking at the development of Asian countries, the increasing purchasing power of consumers, convenience trends are likely to remain significant. Rising middle class population in Asia pacific in emerging countries in Asia Pacific is considered to be the significant factor for the growth of organic baby food market in Asia Pacific region. Also, organic food is gaining momentum in the Asia Pacific region due to the rising awareness among the consumer which in turn positively influences the demand of organic baby food in Asia Pacific region.Â
Regional Analysis
The Asia Pacific Organic Baby Food market is segmented into China, India, Japan, Australia, New Zealand, Indonesia and rest of the Asia Pacific. Among these, China is projected to retain its dominance throughout the forecast period. Robust economic growth, rising urbanization, explosion of in the middle class population are the significant factors of the growth of organic baby food in China.  However, India is projected to register a healthy CAGR over the forecast period. The growth is contributed by the increasing per capita disposable income and growing awareness of organic food among the consumer. However, Indonesia is projected to experience a substantial growth of 11.87% of CAGR during the review period
Segments
Asia Pacific Organic Baby Food Market has been segmented on the basis of product type such as ready to eat, milk formula, dried foods and others. On the basis of ingredients, organic baby food market is segmented into grains & cereals, dairy, vegetables, fruits, meat. On basis of distribution channel, organic baby food market is segmented into store based, non-store based. Store based segment also can be sub segmented into hyper markets, food specialist, convenience stores and others.
Key Players
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).
Target Audience
Key Findings
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 poised to reach USD 6.76 Bn in 2027, to grow at a CAGR of 11.87% during the forecasted period.
The reports also cover country level analysis:
Asia – Pacific
Report Attribute/Metric | Details |
---|---|
Market Size | USD 6.76 Billion |
CAGR | 11.87% (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Product Type, By Ingredients, By Distribution Channel, and By Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | 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) |
Key Market Opportunities | Rising middle class population in Asia pacific in emerging countries |
Key Market Drivers | The trend of consumption of convenience food |
Leading product types in the Asia Pacific organic baby food market include ready to eat, milk formula, dried foods, and others.
The Asia Pacific organic baby food market is expected to exhibit a strong 11.87% CAGR over the forecast period from 2020 to 2027.
Growing urbanization in Southeast Asia is likely to be a key driver for the Asia Pacific organic baby food market.
China is the leading regional entity in the Asia Pacific organic baby food market.
Key players in the market include Bellamy’s Australia, Danone SA, and Hero Group, among others.