Organic Infant Formula Increases from 34.2 K MT in 2011 to 57.4 K MT in 2016

In global market, the production of organic infant formula increases from 34.2 K MT in 2011 to 57.4 K MT in 2016, at a CAGR of more than 10.88%. In 2015, the global organic infant formula market is led by Europe, capturing about 62.98% of global organic infant formula production. Oceania is the second-largest region-wise market with 16.38% global production share.
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 20.35% production market share in 2015.
Europe was also the largest consumption regional market for O organic infant formula, with revenue exceeding USD 1.5 billion in 2015. In addition, Oceania and China consumption is expected to witness fastest growth, at an estimated CAGR of 36% and 44% from 2011 to 2016 respectively.
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 52044 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 production will show a trend of steady growth. In 2022 the production of organic infant formula is estimated to be 91.4 K MT. On product prices, the slow downward trend in recent years will maintain in the future.