The BRIC organic baby food market is expected to generate USD 5.5 billion in revenue by 2023. The market is expected to grow at a CAGR of 16.1% to USD 24.5 billion by 2033.
The BRIC (Brazil, Russia, India, and China) organic baby food market is experiencing a remarkable growth trajectory, driven by increasing demand for healthier and safer infant nutrition options. This press release outlines the current state of the market, the rising demand, projected growth, and key developments in the sector.
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The BRIC organic baby food market encompasses a wide range of products including purees, cereals, beverages, and snacks that are made from organic ingredients. These products are free from pesticides, synthetic fertilizers, and genetically modified organisms (GMOs), ensuring they meet stringent safety and health standards. The market is driven by a rising awareness among parents about the benefits of organic food and a growing trend towards natural and sustainable living.
The demand for organic baby food in BRIC countries is surging due to several factors:
- Health Consciousness: Increasing awareness among parents about the harmful effects of chemicals and preservatives found in conventional baby food.
- Economic Growth: Higher disposable incomes in these emerging economies enable more families to afford premium organic products.
- Urbanization: With more parents working in urban settings, there is a heightened demand for convenient, yet healthy, baby food options.
- Government Regulations: Stricter food safety regulations and government initiatives promoting organic farming are supporting market growth.
Projected Growth for BRIC organic baby food market
According to recent market analyses, the BRIC organic baby food market is expected to grow at a compound annual growth rate (CAGR) of 16.1% from 2023 to 2033. This growth is attributed to:
- Expanding Middle Class: The burgeoning middle class in BRIC countries is increasingly prioritizing the health and nutrition of their children.
- Retail Expansion: The proliferation of supermarkets, hypermarkets, and online retail platforms makes organic baby food more accessible to consumers.
- Product Innovation: Companies are continually innovating, offering new flavors and convenient packaging options that cater to the tastes and lifestyles of modern parents.
Key Takeaways from the BRIC Organic Baby Food Market
- China to grow at the fastest CAGR of 9% over the forecast period to attain USD 13.5 Billion 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 USD 3.7 Billion by 2033, up from USD 0.92 Billion 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 USD 920 Million by 2033.
- Brazil is predicted to grow at a CAGR of 7% to attain USD 4 Billion by 2033. The market is being driven by changing dietary patterns, and concerns about added chemicals, among others.
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Several key developments are shaping the BRIC organic baby food market:
- Product Line Expansion: Major players are expanding their product lines to include a variety of organic baby food options, catering to different age groups and dietary needs.
- Strategic Partnerships: Companies are entering into partnerships and collaborations to enhance their market presence and distribution networks.
- Technological Advancements: Innovations in food processing and packaging technology are improving the shelf life and nutritional value of organic baby foods.
- Sustainability Initiatives: Many brands are adopting sustainable practices in sourcing, production, and packaging to meet the increasing consumer demand for eco-friendly products.
The key players of organic baby food market
- Otsuka Holdings Co. Ltd.
- Nestle S.A.
- Campbell Soup Company
- H.J. Heinz Company
- Bellamy’s Australia Ltd.
- Groupe Danone
- Abbott Laboratories
- British Biologicals
BRIC Organic Baby Food Market Segmentation by Category
Product Type:
- Ready To Feed
- Prepared
- Milk Formula
- Dried
- Other Product Types
Distribution Channel:
- Chemists/Pharmacies/Drugstores
- Internet
- Specialty Outlet
- Super Market
- Other Channels
Region:
- India
- Brazil
- China
- Russia
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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