The BRIC organic baby food market is predicted to grow at a CAGR of 16.1% over the forecast period, according to research by Future Market Insights. The industry’s estimated value is expected to increase from US$ 5.5 Bn in 2023 to US$ 24.5 Bn by 2033.
The market for organic baby food is being propelled forward by the growing awareness about the presence of pesticides, antibiotics, growth hormones, or other harmful chemicals in conventional baby foods. Since babies are more susceptible to the potential damage that can be caused by consuming pesticides, conscious parents are increasingly opting for organically produced baby food to reduce exposure to harmful chemicals. Furthermore, organic baby food contains no artificial flavors, colors, or preservatives. Consequently, parents are choosing these products for their child’s holistic growth.
Get Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-br-333
The demand for these food products is also gaining momentum due to the surging population of working women, which is boosting their reliance on organic and natural baby food products. Additionally, manufacturers of organic baby food are innovating new products and launching across Brazil, Russia, India, and China. In their new product portfolio, these manufacturing companies are providing products with enhanced nutritional value and high quality. This is done so, keeping in mind the evolving demands of working-class professionals to provide healthy food to their kids.
The development of healthier alternatives to the existing portfolio of baby food products, along with the increasing availability of various organic baby food brands in the market, is predicted to expand the BRIC organic baby food market size over the coming years.
Key Takeaways from the BRIC Organic Baby Food Market
- China to grow at the fastest CAGR of 9% over the forecast period to attain US$ 13.5 Bn by 2033 end. This can be attributed to the surging birth rates in the country, supported by the largest population residing in the country.
- India is picking up the pace, displaying a growth rate of 9% through 2033. India is forecast to arrive at a market value of US$ 3.7 Bn by 2033, up from US$ 0.92 Bn achieved in 2023. The growing number of working parents and increasing health consciousness are driving the market growth.
- Increasing demand for organic, nutritious, and novel products and expanding retail industry in Russia are propelling the market growth. The market is estimated to attain US$ 920 Mn by 2033.
- Brazil is predicted to grow at a CAGR of 7% to attain US$ 4 Bn by 2033. The market is being driven by changing dietary patterns, and concerns about added chemicals, among others.
Talk to Our Analyst@ https://www.futuremarketinsights.com/ask-question/rep-br-333
The Following Companies Provide Organic Baby Food Across BRIC region, as analyzed by FMI:
- Otsuka Holdings Co. Ltd.
- Nestle S.A.
- Campbell Soup Company
- J. Heinz Company
- Bellamy’s Australia Ltd.
- Groupe Danone
- Abbott Laboratories
- British Biologicals
Recent developments in the market:
- In 2021, Sun-Maid Growers of California announced that it is acquiring Plum Organics, a leading brand of Campbell Soup Company. Plum offers a diverse range of organic kids snacks and baby food to meet their nutritional requirements. All these snacks and food are organic and non-GMO food products.
- In 2019, Nestle launched a range of 100% organic wheat, ragi, rice, and milk baby food products under its brand named Ceregrow, which provides cereals for babies of over 12 months, to cater to the growing demand for organic baby food products.
Buy Now! https://www.futuremarketinsights.com/checkout/333
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers, Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports