Description
Globally, the market for organic infant formula is expected to grow at a CAGR of 14.1% during the forecast period (2017–2023). The infant formula is defined as a food formula constituted to feed babies under the age of 12 months. Infant formula is an artificially synthesized substitute for mother’s milk. The organic infant formula is referred to as the infant formula which is manufactured abiding the regulations set by the government for the product to be natural and organic. For instance, in the U.S., the organic infant formula manufactured must meet the regulations set by the United States Department of Agriculture, the Agricultural Marketing Services, and the National Organic Program.
The increasing disposable income across regions is one of the major factors influencing the growth of the organic infant formula market. With the rising disposable income, the consumer’s willingness towards purchasing quality products has increased. Premiumization is one of the potential opportunities in the organic infant formula market which can lead to profitability attained by the manufacturers. Key players have a strong focus to make their organic infant formula “premium” to generate high revenues from the global market. Premiumization also creates product differentiation and marks the brand identity. Manufacturers are also identified to use this as a key marketing strategy to entrench consumer loyalty and expand their consumer base. Manufacturers in the organic infant formula market are found to target the developing countries to expand their business and strengthen their portfolio. Manufacturers are identified to be expanding their business majorly in Taiwan, the U.A.E., Saudi Arabia, India and Vietnam which are emerging markets at a global level.
Key Players
The key players in the market include Abbott Nutrition Manufacturing Inc., Holle baby food GmbH, Bellamy’s Organic Pty Ltd., Zuivelcoöperatie Frieslandcampina U.A., Beingmate Baby & Child Food Co., Ltd., Hain Celestial Group, Inc., and HiPP GmbH & Co. Vertrieb KG.
Key Findings
• The global organic infant formula market is expected to reach USD 7.75 billion by 2023
• Regionally, Asia Pacific dominated the market and is projected to reach USD 3.99 billion by 2023 at a CAGR of 16.00% from 2017 to 2023 in terms of value
• Latin America is also considered to be one of the attractive markets for organic infant formula manufacturers and is projected to grow at a CAGR of 14.12% from 2017 to 2023
• The starting milk formula segment will dominate the organic infant formula market and is projected to reach USD 4.40 billion by 2023 at a CAGR of 14.74% in terms of value
• On the basis of formulation segment, the powdered formula segment dominated the organic infant formula market and is projected to reach USD 4.23 billion by 2023 registering a CAGR of 13.94% during the forecast period
Geographic Analysis
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
APAC
• China
• India
• Japan
• Australia & New Zealand
• ASEAN Countries
• Rest of Asia Pacific
RoW
• Latin America
• Middle East
• Africa
Study Objectives of the Organic Infant Formula Market
• To study details of the organic infant formula market, by type, by formulation, by distribution channel, and by region during the forecast period
• To identify the market dynamics of the organic infant formula market by driver, restrain, opportunity, and challenge
• To analyze various factors such as value chain analysis and Porter’s five forces model
• To provide historical and forecast revenue of the market segment with respect to North America, Europe, APAC, and RoW
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track mergers & acquisitions, strategic alliances, and new product developments of a specified company.
Intended Audience
• Manufacturers and distributors of organic infant formula
• Suppliers and traders of organic infant formula
• Government, associations, and industrial bodies
Description
• Infant formula
• Organic infant formula
• Infant nutrition
• Baby food
• Organic baby diet
• Toddler formula
Table of Contents:
1 Report Prologue
2 Introduction
2.1 Definition
2.1.1 Organic Infant Formula
2.2 Scope of the Study
2.2.1 Research Methodology
2.3 Assumptions
2.4 Limitations
2.5 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Forecast Model
4 Premium Insights
4.1 Global Organic Infant Formula Market: Market Mapping &
Research Methodology
4.2 Market Overview: Global Organic Infant Formula Market
4.3 Industry Trends and Market Environment: Global Organic Infant Formula Market
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Increasing proportion of working women
5.2.2 Rising demand for organic infant formula
5.2.3 Strong performance of retail sector
5.3 Restraints
5.3.1 Declining birth rates
5.3.2 Growing campaigns to promote breastfeeding
5.4 Opportunities
5.4.1 R&D investments and new product developments
5.4.2 Premiumization of infant formula brands
5.4.3 Key emerging market
5.5 Challenges
5.5.1 Huge capital investments and certification
6 Mega Trends
6.1 Trends in Organic Infant Formula Market
6.2 Macroeconomic indicators analysis
7 Market Factor Analysis
7.1 Introduction
7.2 Value Chain Analysis
7.3 Supply Chain Analysis
7.4 Porter’s Five Forces
7.4.1 Porter’s 5 Forces Analysis: Organic Infant Formula Market
7.4.2 Threat of New Entrants
7.4.3 Threat of Substitutes
7.4.4 Bargaining Power of Buyers
7.4.5 Bargaining Power of Suppliers
7.4.6 Intensity of Rivalry
8 Global Organic Infant Formula Market, By Type
8.1 Introduction
8.2 Global Organic Infant Formula Market Segmentation, By Type
9 Global Organic Infant Formula Market, By Formulation
9.1 Introduction
9.2 Global Organic Infant Formula Market- By Formulation
10 Global Organic Infant Formula Market, By Distribution Channel
10.1 Introduction
10.2 Global Organic Infant Formula Market Segmentation, By Distribution Channel
11 Global Organic Infant Formula Market, By Region
11.1 Global Organic Infant Formula Market, By Region
12 North America Organic Infant Formula Market Analysis
12.1 Introduction
12.2 North America Organic Infant Formula Market, By Country
12.3 North America Organic Infant Formula Market, By Type
12.4 North America Organic Infant Formula Market, By Formulation
12.5 North America Organic Infant Formula Market, By Distribution Channel
12.6 U.S.
12.7 Canada
12.8 Mexico
13 Europe Organic Infant Formula Market Analysis
13.1 Introduction
13.2 Europe Organic Infant Formula Market, By Country
13.3 Europe Organic Infant Formula Market, By Type
13.4 Europe Organic Infant Formula Market, By Formulation
13.5 Europe Organic Infant Formula Market, By Distribution Channel
13.6 U.K.
13.7 Germany
13.8 France
13.9 Italy
13.1 Spain
13.11 Rest of Europe
14 Asia Pacific Organic Infant Formula Market Analysis
14.1 Introduction
14.2 Asia Pacific Organic Infant Formula Market, By Country
14.3 Asia Pacific Organic Infant Formula Market, By Type
14.4 Asia Pacific Organic Infant Formula Market, By Formulation
14.5 Asia Pacific Organic Infant Formula Market, By Distribution Channel
14.6 China
14.7 India
14.8 Japan
14.9 Australia & New Zealand
14.1 ASEAN Countries
14.11 Rest of Asia Pacific
15 Rest of the World Organic Infant Formula Market Analysis
15.1 Introduction
15.2 Rest of the World Organic Infant Formula Market, By Region
15.3 Rest of the World Organic Infant Formula Market, By Type
15.4 Rest of the World Organic Infant Formula Market, By Formulation
15.5 Rest of the World Organic Infant Formula Market, By Distribution Channel
15.6 Latin America
15.7 Middle East
15.8 Africa
16 Competitive Landscape
17 Company Profiles
17.1 Abbott Nutrition Manufacturing Inc.
17.1.1 Company Overview
17.1.2 Financials
17.1.3 Products
17.1.4 Strategy
17.1.5 Key Developments
17.2 Holle baby food GmbH
17.2.1 Company Overview
17.2.2 Financials
17.2.3 Products
17.2.4 Strategy
17.2.5 Key Developments
17.3 Bellamy’s Organic Pty Ltd
17.3.1 Company Overview
17.3.2 Financials
17.3.3 Products
17.3.4 Strategy
17.3.5 Key Developments
17.4 Zuivelcoöperatie Frieslandcampina U.A.
17.4.1 Company Overview
17.4.2 Financials
17.4.3 Products
17.4.4 Strategy
17.4.5 Key Developments
17.5 Beingmate Baby & Child Food Co., Ltd.
17.5.1 Company Overview
17.5.2 Financials
17.5.3 Products
17.5.4 Strategy
17.5.5 Key Developments
17.6 Hain Celestial Group, Inc.
17.6.1 Company Overview
17.6.2 Financials
17.6.3 Products
17.6.4 Strategy
17.6.5 Key Developments
17.7 HiPP GmbH & Co. Vertrieb KG
17.7.1 Company Overview
17.7.2 Financials
17.7.3 Products
17.7.4 Strategy
17.7.5 Key Developments
