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Asia Pacific Organic Baby Food Market Competitors, Growth Opportunities, and Forecast 2027
Asia-Pacific Organic Baby Food Market Overview
As per the analysis report by MRFR, the Asia-Pacific market for organic baby food is projected to exhibit a strong CAGR of over 11.87% during the review timeframe 2020 to 2027.
Organic baby food refers to easily consumables and soft food for infants other than infant formula or breast milk that is derived from various formulation, tastes, and numerous varieties. The Asia-Pacific organic baby food market consists of producing food products without the use of synthetic pesticides or fertilizers and do not comprise of any artificial preservatives, colors, and flavors. The Asia-Pacific market for organic baby food has recorded an exponential growth over the recent years owing to the factors such as evolving dietary patterns, changing lifestyles, convenience trends, growing per capita incomes, increasing middle-class population, and rising awareness among the consumers.
Competitive Analysis
The Asia-Pacific organic baby food key market players has an intensely competitive landscape with a wide number of players spread across the region. The list of leading players in the Asia-Pacific organic baby food market includes Kraft Heinz Foods Company (U.S.), Bellamy's Australia (Australia), Nestle S.A. (Switzerland), Abbott Laboratories (U.S.), Danone S.A. (France), Hain Celestial Group (U.S.), Hero Group (Switzerland), and several others.
Segment Analysis
The Asia-Pacific organic baby food market overview has been fragmented into several segments based on distribution channel, product type, ingredients, and region.
The organic baby food market for the Asia-Pacific region is divided into ready-to-eat, dried foods, milk formula, and others based on product type.
The Asia-Pacific organic baby food market is split by ingredients into meat, fruits, vegetables, dairy, grains, and cereals.
Based on the distribution channel, the organic baby food market is divided into non-store-based and store-based channels.
Regional Analysis
The Asia-Pacific organic baby food market region includes Indonesia, China, New Zealand, Australia, Japan, India, and the rest of the Asia-Pacific region.
Over the forecast period, the Chinese market will likely hold the top position in the regional Asia-Pacific organic baby food market. The market's growth in China is driven by the explosion of the middle-class population, rising urbanization, and robust economic growth.
However, the Indian market will likely record a robust CAGR over the review timeframe. The factors contributing to the growth of India's organic baby food market include the rising awareness of organic food among consumers and the increasing per capita disposable income.
However, the Indonesian market is anticipated to record a significant growth of over 12.2% during the forecasted period.
Recent Developments
• May 2021- the world's biggest food and beverage firm, Nestlé, has announced setting up a manufacturing plant in China for pouched baby-food products as a fraction of a round of investment at a site based in the eastern side of the country.
At the plant in Laixi in Shandong province, the largest food maker across the globe has begun the production of organic puree products sold in China under its international baby-food brand Gerber.
A spokesperson for Nestlé's business in China said that China's baby food market is in the phase of development and rapid growth, with a projected value of approximately CNY10bn (US$1.56bn). However, the market level is still less than one-tenth of [that of] infant formula. He further added that even in big cities, the consumption rate of baby food is less than 50%, which has excellent potential. Nestlé is spending CNY200m on principal expenses at the Laixi complex in 2020 and 2021. The plant, where Nestlé started begun production in 1996, making dairy products, has the latest innovation facility up and operating to produce liquid dairy and ready-to-drink coffee lines for sale in Greater China.
• June 2021- Once Upon a Farm, a US-based better-for-you children's nutrition business, has announced the acquisition of Raised Real, a local baby-food meal-delivery company. Headquartered in California, Once Upon a Farm said that the deal, for an unrevealed amount, will grow its refrigerated, organic pouch portfolio to include frozen options. The company revealed that it would relaunch its line of organic meals post the acquisition later this year.
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