
Report ID: SQMIG30I2284
Skyquest Technology's expert advisors have carried out comprehensive research on the organic infant formula market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.
Growing Health Problems such as Cancer in Women are Anticipated to Boost Market Demand.
Strict Production Process, Inflation, and Hampered Business Activities may Hamper Growth
The production of organic infant formula follows a stringent manufacturing process to ensure it is completely free from chemicals, hormones, and pesticides. As a result, the production cost of organic formula is higher compared to conventional infant formula. This increased cost may lead to customer aversion towards purchasing organic formula due to the higher price point. Additionally, production activities have been hampered by government restrictions aimed at reducing the spread of viruses, disrupting the balance between supply and demand. Inflation rates have soared in both high-income and low-income countries following the pandemic. For instance, in Pakistan, the annual inflation rate reached an overwhelming 12.2%. Similarly, Indian consumers are facing the burden of an 8-month high inflation rate of 6.07%.
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Organic Infant Formula Market size was valued at USD 74.99 Billion in 2023 and is poised to grow from USD 82.37 Billion in 2024 to USD 174.51 Billion by 2032, growing at a CAGR of 9.84% during the forecast period (2025-2032).
The global organic infant formula market is characterized by intense competition, with players striving to gain a competitive edge. Key factors driving competition include product innovation, quality, pricing, distribution networks, and marketing strategies. Partnerships, acquisitions, and collaborations are common strategies employed to expand product portfolios and geographic reach. The competitive landscape is dynamic, influenced by evolving consumer preferences, regulatory developments, and market trends. Companies must continuously adapt their strategies to maintain competitiveness and meet the growing demand for organic infant formula. 'Nestlé (Switzerland)', 'HiPP GmbH & Co. Vertrieb KG (Germany)', 'Danone (France)', 'Abbott Laboratories (US)', 'Mead Johnson Nutrition (US)', 'Holle Baby Food AG (Switzerland)', 'Bellamy's Organic (Australia)', 'Bubs Australia Limited (Australia)', 'Earth's Best Organic (US)', 'Babybio (France)', 'Plum Organics (US)', 'Happy Family Organics (US)', 'Parent's Choice (US)', 'Lebenswert Bio (Germany)', 'Kabrita (Netherlands)', 'Biostime International Holdings Limited (China)', 'Nature's One (US)', 'Prolacta Bioscience (US)', 'The Honest Company (US)', 'Bobbie (US)'
The prevalence of health complications such as breast cancer and diabetes has been on the rise, leading to a significant decline in breastfeeding rates in recent years. According to a report from the World Health Organization, approximately 2.3 million women worldwide were diagnosed with breast cancer in 2020, and 685,000 lost their lives to the disease. In the US, breast cancer accounts for 1 in 3 female cancer cases, making it the most common form of cancer globally, representing approximately 12% of all cancer cases each year. This decline in breastfeeding rates is subsequently fueling the demand for organic infant formula.
Increasing Consumer Awareness: There is a growing awareness among consumers about the benefits of organic infant formula, including its natural and chemical-free composition. This awareness is driving the demand for organic options as parents seek healthier alternatives for their infants.
North America held the largest share, accounting for 36% of the overall market. The growth in this region can be attributed to various factors, such as negative attitudes toward breastfeeding, a high level of women's participation in household responsibilities, which leaves them with limited time for breastfeeding, inadequate workplace setups or supportive environments for breastfeeding, high disposable incomes, and a lack of awareness regarding the benefits of breastfeeding.
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Report ID: SQMIG30I2284
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