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Global organic infant formula consumption will be estimated at 833,000 tons by 2023

Author: QYResearch Publish date: 2018-04-23 Views: 31
In terms of volume, the global Organic Infant Formula Milk Powder Sales was 46503 tons in 2016, and it is predicted to reach 83325 tons in 2023. 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.

Publisher: QYResearch

Published Date: 2018-04-23


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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.


Organic infant formula downstream is suit for 1-3 year old infants. Organic infant formula is more expensive than non-organic Infant Formula. In 2016, the sales price of Organic Infant Formula is about 42301 USD/MT in2016.


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. In 2023 the consumption of organic infant formula is estimated to be 83,000 tons. On product prices, the slow upward trend in recent years will maintain in the future.


The Global Organic Infant Formula Milk Powder Market Report 2017 report released by QYResearch provides a basic overview of the Organic Infant Formula Milk Powder industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Organic Infant Formula Milk Powder industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:http://www.qyresearchglobal.com/goods-1222053.html
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Media contact: press@qyresearch.com

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