The demand for organic food has exploded recently as organic food companies have changed their marketing strategies to appeal to discerning consumers. Consumers have become especially concerned about their health and they prefer food free from any additives or chemicals. The organic baby food market has grown by leaps and bounds due to evermore women joining the workforce thereby increasing their purchasing power. It is quite a challenge for working mothers to juggle childcare with their careers and this is where organic baby foods come into play.
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High Obesity Rates in Mexico Make it Ideal for Organic Baby Food Companies to Target
National governments in emerging economies are leading the way in raising awareness about organic foods by investing heavily in advertisement campaigns. The demand for organic food has been particularly high in Mexico as the Latin American nation is facing a serious obesity crisis, forcing the government to initiate educational campaigns about food nutrition laws. Thus, many parents are opting to feed their babies organic foods from the beginning. In 2017, the organic food baby category was one of the fastest growing in Mexico demonstrating the immense potential for companies in the North America organic baby food market. Companies have sought to tap into this by expanding their business into different geographies and product lines. For e.g. – Happy Family Organics, a prominent baby food brand, launched Happy Baby Savory Brands that claims to include organic herbs, spices, and vegetables.
Huge Demand for Organic Milk Baby Formula in China Allow it to Record Robust Growth
North America and Europe hold considerable sway in the global organic baby food market as a result of pervasive product penetration and a higher disposable income. Nonetheless, the APAC region is rapidly catching up as organic milk baby formula has witnessed widespread acceptance in China. Manufacturers opine that there are limitless opportunities for growth in this dynamic economy and have adjusted their investment strategies accordingly. In 2021, Nestle began production of its Gerber puree in China – the first plant of its kind in the APAC region. The company anticipates to produce millions of jars of Gerber puree annually for both domestic consumption and export.
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Focus on Prepared Food Segment For Maximum Profitability in Organic Baby Food Market
There are three types of baby foods in the organic baby food market namely dried baby food, prepared baby food, and milk formula with the prepared baby food segment expected to grow at the fastest rate. Organic baby foods are typically sold in supermarkets, pharmacies, online, and in specialty outlets. COVID-19 has had a monumental impact on consumer purchase behaviours and online shopping is now the norm and not exception with ecommerce players reporting their highest sales volumes in the past decade. For e.g. – Nourish Organics, an Indian producer of baby foods grew by double digits in the year 2020.
Companies Profile
Some companies profiled in this informative report include Danone SA, Nestle S.A, Abbott Laboratories, Plum Organics, H.J. Heinz Company, Campbell Soup Company, Hero Group, Bellamy’s Australia Limited, Hipp Gmbh & Co, and Amara Organics.
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We will provide COVID-19 impact analysis with the report.
The COVID-19 impact on the market has been carefully studied, following which the report outlines the key developments post the coronavirus disease outbreak.COVID-19 AnalysisThe novel coronavirus has boosted the growth of the organic semiconductor market to some extent.
Although the supply chains have been disrupted due to the lockdown and the curbed transportation leading to bigger gap within the demand-supply equilibrium, the market is picking up significant pace across the healthcare sector for cancer treatment applications and more.
With nations increasingly relaxing the lockdowns, manufacturing units have recovered despite the COVID-19 outbreak as production cycles have resumed.
Top Drivers and Main Challenges The significant advancement of the organic semiconductor industry has been the result of the emerging applications like flexible displays, light sources and cheaper priced printed integrated circuits.
The mounting demand for photoconductors that are based on organic semiconductors in light valves of liquid crystal displays/LCDs, and the rising use of organic materials while making various types of semiconducting electronic devices, such as transistors, light-emitting diodes, solar cells and lasers also benefit the worldwide market.The surging production to fulfill the rising demand for consumer electronics like laptops, TVs, smartphones and computers, has led to more deployment of organic light emitting diode technology in displays, which has resulted in incredible business growth across the globe.
It undergoes the same rigorous requirements of USDA organic certification as other products throughout its lifecycle.” The number of global organic vineyards has grown threefold from 2004 to 2011, auguring well for major stakeholders in the organic wine market.
Wine bars and restaurants have begun to cater to Gen X consumers as they represent approx.
Long Heritage of Winemaking Explains European Dominance of Organic Wine MarketEurope holds a prominent place in the wine industry and accounts for more than half of global production.
Australia is both one of the largest producers and consumers of organic wine with the production of organic grapes doubling in three years from 2011 to 2014.
COVID-19 has hastened the shift towards online shopping as customers have become wary of going to stores to purchase wines.
Huge Fire at Bronco’s Napa Storage Unit Could Stifle Prospects in Organic Wine MarketIn May 2021, a huge fire broke out at Bronco Wine Company’s south Napa storage facility.
Global Organic Peroxide Market is expected to reach USD 1.20 billion by 2025.
These peroxides are mainly used to initiate polymerization that creates plastic polymers.
The Organic Peroxide Market is estimated to grow at a significant CAGR of 4.3% over the forecast period as the scope and its applications are rising enormously across the globe.High demand for end use polymers and fabrics from middle-class populace and exclusively demanded among manufacturing commodities for detergents, personal care, and packaging are documented as major factors of Organic Peroxide Market that are estimated to enhance the growth in the years to come.
However, due to its explosion hazards and severe fire are the factors that may restrain overall market growth in the coming years.
The diacyl peroxide sector accounted for the largest market share and is estimated to lead the overall market in the coming years.
This may be because it is used in polymerization process for the polymerization of PVC and act as an initiator for vinyl monomer polymerization.The market may be categorized based on applications like personal care, chemicals & plastics, detergents, coatings, adhesives & elastomers, paper & textiles, and others that could be explored in the forecast period.
