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Health Consciousness Drive Baby Food Market Growth - Parents concerned for safe food are increasingly opting for organic baby foods for their children, and they are ready to pay the premium price attached to the items.
Health Consciousness Drive Baby Food Market Growth

 

PRZOOM - /newswire/ - Delhi, New Delhi, India, 2006/08/03 - Parents concerned for safe food are increasingly opting for organic baby foods for their children, and they are ready to pay the premium price attached to the items..

   
 
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As people all over the world become more conscious about their general health and with the increasing concern of today’s parents for consumption of safe food there has been a new impetus to the organic baby food market. The niche world baby food market of few years back has now become established worldwide baby food market especially in Europe, which has captured a large market share from the inorganic baby food market.

While the organic baby food market across the globe is still in its growing stage, countries like UK and USA have already made a considerable mark in this market. Parents who are aware of the reduced health risks from organic baby food because they are not exposed to pesticides and other chemicals are ready to pay the price tagged with these foods.

The growth in organic food market provides retailers with increased opportunities to introduce store label or own-brand organic products. These opportunities are more prominent in the emerging Asian markets.

In its recent market research report, “Baby Food Market Industry (2006)” RNCOS estimates that while in 2003 the worldwide baby food market was worth $9.5 billion, it increased to $21 billion in 2005. The report also informs that USA, China and UK are the top three consumers in the baby food industry in the world.

It is also found that the major world baby food market product segments are the organic baby milk and organic strained baby foods. Sale of organic baby milk was 544% between 2003 and 2004, which went up impressively by 271% in 2005. And organic strained food reached a high or 8% in 2004, and 18% in 2005.

The market research report highlights the following:

• The current world baby food market scenario.
• The future growth prospects of the market.
• The situation and impact analysis of the baby food market.
• The success of the baby food market.
• The comparison of the different companies’ position in this market.

The report provides an updated insight about the worldwide baby food market. The report serves as a useful analysis to a company desirous to increase its target consumers.

About RNCOS
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

 
 
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Health Consciousness Drive Baby Food Market Growth

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