BRIC Organic Baby Food Market Global Industry Overview and Competitive Landscape till 2032

 The BRIC Organic baby Food Market is expected to display exponential prospects of growth, in the near future in spite of unprecedented effects of the coronavirus pandemic in 2019 and 2020. Growing awareness among parents about clean label foods, concerns over adequate infant nutrition and favorable government policies will aid the development of a conducive growth environment for market players through the assessment period between 2021 and 2031.

In a new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers critical insights on key factors that influence the demand for organic baby food market in BRIC countries. The report covers demand for organic baby food in these high potential markets, in addition to a detailed analysis of the impact of COVID-19 on the BRIC organic baby food market.Organic baby food consumption across BRIC countries is anticipated to display exponential growth during the assessment period, driven by parental concerns regarding adequate infant nutrition. China and India will continue as major revenue contributors in the industry. Government initiatives to counter malnutrition among children in these regions are likely to generate a favorable environment for growth.

Leading manufacturers are pushing to bolster production capacities in these emerging economies to maintain sustainable revenue streams in the sector. This is especially true for milk formula products which are gaining attention as a viable supplement to breast milk.

According to the analysis by FMI, organic baby food market sales in BRIC countries are likely to rise at double-digit CAGR from 2021 to 2031. Organic baby food is finding increased adoption owing to a significant rise in clean label trends across the food and beverage sector. Further, investments and advances made into the organic farming sectors of these countries is also driving the industry. The covid-19 crisis has generated key growth opportunities for organic baby food manufacturers through 2020 owing to increased health awareness levels among consumers.

On the other hand, strict lockdown regulations disproportionally impacted small scale market players, owing to cash flow issues during the pandemic. A significant transition to sales through online channels have proven beneficial to Organic Baby Food Market players within the sector, which will continue in the years ahead.

How is Organic Farming Contributing to Production?

According to an Environment Health Perspectives report, organic agricultural exports certified with the OFDC label have grown since China joined the World Trade Organization, with Certification and Accreditation Administration of China (CNCA) standards that are compatible with European, Japanese, and United States Standards. Further, In November 2017, Vladimir Putin announced intentions to turn Russia into the world’s largest organic food exporter. Also, a new law regulating production, transport, and storage of organic food was passed in August 2018. The law was fully implemented in 2020.

According to Agencia Brazil, Brazil is home to over 17,000 organic food producers, a rise of approximately 11,000 in the past decade. India and South Africa have also proven to be high potential markets, India accounting for 30% of the global organic producers. Consequently, easy access to raw materials for organic baby foods in BRIC countries will support long-term growth of the industry.

More info@https://www.futuremarketinsights.com/reports/bric-organic-baby-food-market

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