Organic Baby Formula Market Scope
Organic baby formula is an infant food product that is produced with certified organic ingredients and processing aids to offer a proper nutrient diet to the infant. In today’s time, parents are becoming aware of the benefits of advanced nutritional ingredients, which is reflected in the growing demand for probiotics for infants. Further, the outbreak of Covid-19 has created a huge impact on parents’ appetites for the adoption of quality pediatric nutrition solutions to support the infant's immune system.
The Organic Baby Formula market study is segmented by Type (Cow Milk, Goat Milk and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Nestle (Switzerland), Bimbosan (Switzerland), HiPP Organic (United Kingdom), Abbott Nutrition (United States), Babynat (France), Bonlife (Malaysia), Topfer (Germany), Holle Baby Food (Switzerland), Bellamy's Organic (Australia) and Wakodo (Japan) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Organic Baby Formula market by Type, Application and Region.
On the basis of geography, the market of Organic Baby Formula has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In January 2021, Hero Group, the Switzerland-based baby-food manufacturer acquired Baby Gourmet to expand its portfolio in the baby-food market. Baby Gourmet is a leading provider of organic baby cereals, fruit and vegetable purées, meals, and plant-based snacks under its namesake brand in Canada. The deal will allow Hero Group to increase its footprint in Canada.
Market Trend
- Product Developments and Launches of New Types of Formulas by Key Manufacturers
Market Drivers
- Growing Consumer Preference and Interest in Mimicking the Nutrition of Breast Milk Continues To Drive Market
- Rise in Working Mother Populations across the Globe
Opportunities
- High Adoption of Organic Baby Formula in Developed Countries
Restraints
- High Cost of Organic Baby Formulas Can Restraint the Market
Challenges
- Lack of Maternal Infection-Fighting Antibodies
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Organic Baby Formula Manufacturers, Suppliers and Distributors of Organic Baby Formula, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End- Users and Others