Market Research Future (Food and Beverages) Organic Infant Formula Market Report | Page 4

Organic Infant Formula Market Report- Forecast till 2023
3 Sample Pages
Downstream Analysis:
Among the type, starting milk formula segment is anticipated to retain its dominance throughout the forecast period.
Also, the segment is projected to register a healthy CAGR of 14.74% during the given period due to increase in the
demand of starting milk formula among the consumers in developing economies. Starting milk formula is also getting
support from the world health organization (WHO) and food & agriculture organization (FAO) to minimize the chances
of malnutrition.
Among the formulation type of organic infant formula, powdered segment is accounting for 55% followed by ready-
to-feed formula accounting for 35% of the global organic infant formula market. The segment is projected to register
a healthy CAGR of 13.94% during the forecast period 2017-2023. Furthermore, the demand for ready-to-eat formula
in infant milk formulation is increasing the growth of the organic infant formula market.
Among the distribution channel, store based segment is anticipated to retain its dominance throughout the forecast
period. Also, the segment is projected to register a healthy CAGR of 13.79% during the given period.
Key Findings:
Asia Pacific region is estimated to retain its dominance throughout the forecast period and will grow at a
substantial CAGR of 16.00%. Among the Asia Pacific countries, China is projected to witness a substantial
growth of 16.69% during the forecast period of 2017-2023.
Global organic infant formula manufacturers find massive opportunity in India owing to the huge demand of
organic and green label infant food products.
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