Download FREE Report Sample
Download Free sampleThe global Organic Infant Formula Milk Powder market was valued at 222.93 Million USD in 2021 and will grow with a CAGR of 13.19% from 2021 to 2027, based on Research newly published report.
The prime objective of Organic Infant Formula Milk Powder Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Organic Infant Formula Milk Powder Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Organic infant formula is uses the finest organic ingredients in milk, which means no chemical pesticides and no GM ingredients.Organic farming is a method of production that is concerned with respecting natural balances. It is committed to sustainable management, respecting natural balances and biodiversity, and producing high quality products in a way that is not harmful to the environment or health. In 2016, the global organic infant formula market is led by Europe, capturing about 56.03% of global organic infant formula consumption.
USA is the second-largest region-wise market with 17.77% global consumption share. At present, the major manufacturers of organic infant formula are Abbott, HiPP, Holle, Bellamy, Topfer, Supermum, The Hain Celestial Group, Nature One, Perrigo, Babybio, Gittis, etc. Abbott is the world leader, holding 21.61% consumption market share in 2016. Europe was the largest consumption regional market for organic infant formula, with revenue exceeding USD 1.1 billion in 2016. In addition, Oceania and China consumption is expected to witness fastest growth. In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, organic infant formula consumption will show a trend of steady growth.
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