Friday, July 8, 2022

Saudi Arabia Car Leasing Market Outlook to 2022: Ken Research

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Saudi Arabia Car Leasing market include the sum total of contract value generated from the LCVs (including light trucks upto 10 ton) and passenger vehicle leasing to retail and corporate customers for a period of more than 1 year. The leasing fleet provided by car rental and car dealer companies has been considered. The contract value has been computed on an accrual basis. For instance, if a contract is signed for a period of three years, then in a particular year only the one-year contract value has been considered.

The report titled "Saudi Arabia Car Leasing Market Outlook to 2022 - By Car Rental and Car Dealers, By End Users (Logistics, FMCG & Home Delivery, Oil and Gas, Construction, Government offices, Others)" provides a comprehensive analysis of the long-term car leasing market in Saudi Arabia. The report covers various aspects such as overall market size of Saudi Arabia long term car leasing market in terms of fleet and revenue, average contract value segmentation on the basis of end users (logistics, FMCG & Home Delivery, Construction, Oil & Gas Sector, Government sector and others), by regions (Central, Western, Eastern, Northern and Southern region), by category (Premium/Luxury, Pickup and Cargo Cars, Medium Category, Small Category Cars), by players (car rental companies and car dealers on the basis of fleet size). The report also covers car rental and leasing eco-system basis demand side and supply side, trends and developments, regulatory scenario, competitive landscape of leading players (Budget, Hanco, Best Rent a Car, Theeb Rent A Car, Shary Rent A Car, Avis, Auto World, Hertz, Key Rent A Car and Samara). The report provides market share of major car dealers, car leasing fleet by car category, competition success factor, market leader case study and key operation metrics along with future outlook and projections.


Saudi Long Term Car Leasing Market

During the period 2012-2017, Saudi Arabia car leasing market grew at a CAGR of ~% in terms of transaction value and ~% in terms of fleet size. Several factors which influenced the growth of long-term car leasing market in the country include growth of end user industries, rate of tourist arrivals, number of business travelers, and other factors. In terms of transaction value, the long-term car leasing market augmented positively from SAR ~ million during 2012 to SAR ~ million during 2015. The tourist arrivals to the country positively influenced the long-term car leasing market to a large extent. Saudi Arabia witnessed an increase in inbound arrival, growing from ~ million trips to the country during 2012 to ~ million during 2017 to the holy city of Makkah & Madinah and for business travel to cities like Riyadh and Jeddah.

The industry witnessed overall increase in fleet size owing to growing competition, increasing demand and increasing market penetration across various cities/provinces in the country. Increasing competition in the market has raised the quality of services offered by Long Term Car leasing companies in the country which has attracted a greater number of customers. The gradual upgradation of technology in the country has increased the accessibility to service.

Saudi Arabia Long Term Car Leasing Market Segmentation

By Market Players: In terms of revenues, the long-term car leasing market is dominated by car rental companies which accounted for a share of ~% (SAR ~ million) during 2017. The car rental companies in the Saudi Arabia long term car leasing market dominate in terms of fleet size as they are abundant in the most demanded rental locations namely, Riyadh, Jeddah, Dammam Eastern regions and others. The major factors that supported the domination of car rental companies are accessibility, reliability, quality of services, popularity, online booking and similar other factors. The car dealers accounted for a share of ~% (SAR ~ million) during 2017.

By Regions: In terms of transaction value, central region has the highest share in the market as it is the most developed in terms of infrastructure and has presence of large number of establishments of varied sectors, it accounted for ~% (on the basis of fleet size) during 2017. Western region holds its importance due to holy city of Makkah, Medina and commercial hub in Jeddah with tourism and hospitality sector becoming major industries present in these regions. Eastern region is the largest region by area in the Kingdom of Saudi Arabia and holds a prominent position as it has the second largest oil and gas reservoir in the world. Its share fell slightly due to slump in Oil & Gas sector in Saudi Arabia and it accounted for ~% (on the basis of fleet size) during 2017. Southern and Northern region has the lowest share as cities in these regions are still under-developed and there are a smaller number of establishments present in these regions

By End Users: The demand for car leasing services is highly dependent upon the growth of end user industries. Majority of the end users preferred to avail car leasing services usually for an average of ~ months. Logistics accounted for the largest share ~% on the basis of fleet size during 2017 followed by FMCG and Oil and Gas sector. Construction sector also had a significant share and accounted for ~%.

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Future Outlook of Saudi Arabia Long Term Car Leasing Market

The Saudi Arabia car leasing market is projected to grow between 2018-22 at a CAGR of ~% owing to growing number of inbound tourists, increasing fleet size, growing competition in the market, rise in number of working population and establishments and growth in end user industries. During the forecasted period, car rental companies are expected to increasingly upgrade their IT platforms to handle information more accurately and faster, to deliver better service experience, flexibility and security to the end users and for better fleet management. Expansion of operations to smaller cities by car leasing companies will also play a pivotal role in the revenue growth of the industry. Under the National Transformation Program (NTP) 2020 and the Saudi Arabia Vision 2030, the government plans to develop sea ports, railway lines, airports and manufacturing facilities, with an aim to reduce the country's dependency on the oil sector and reduce unemployment, which makes, construction as an end user segment a promising market for car leasing services players. Growth in car leasing market in the country is most likely to be influenced by lower annual payments, wide variety of cars, insignificant maintenance costs, lower upfront cash outlay, comprehensive insurance coverage and negligible registration cost.

Key Topics/Keywords Covered in the Report

Car rental market in Saudi Arabia

Car leasing services in Saudi Arabia

Long Term Car Leasing Market in Saudi Arabia

Long Term Car Leasing Market in Saudi Arabia by Fleet Size

Saudi Arabia Car Rental Market Size

Major Players in Saudi Arabia Car Rental/Leasing Market

Car Rental Companies in Saudi Arabia

Competition in Saudi Arabia Car Rental/Leasing Market

Saudi Arabia Car Rental/Leasing Market Future Growth

Avis Car Rental/Leasing Market Share in Saudi Arabia

Budget Car Rental/Leasing Market Share in Saudi Arabia

Hanco Car Rental/Leasing Market Share in Saudi Arabia

Best Rent A Car Revenue from Car Rental/Leasing Market Share in Saudi Arabia

Future of Saudi Arabia Car Rental/Leasing Market

Trends in Car Rental/Leasing Market in Saudi Arabia

Market share of leading car rental companies in Saudi Arabia

Major companies in car leasing market in Saudi Arabia

Why budget has the highest share in car rental/leasing market in Saudi Arabia

Future outlook of car leasing market in Saudi Arabia

For More Information, Click on the Following Link: -

Saudi Arabia Car Leasing Market Analysis

Related Report: -

UAE Car Rental, Leasing and Limousine Market Outlook to 2025 (Second Edition) - Driven by Reviving Tourism, altered Customer Preference from Public Transport to Personal Cars owing to Covid-19

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Europe Digital Advertising Market Growth is fostered by Technological Innovations: Ken Research

According to the report analysis, ‘Europe Digital Advertising Market 2021-2031 by Platform (Mobile, Desktop, Digital TV and Others), Format (Digital Display Ad, Internet Paid Search, Social Media, Online Video, Others), Industry Vertical, and Country: Growth Opportunity and Business Strategy’ states that Europe digital advertising market is predicted to grow more proficiently due to the technological innovations, growing the digital ad spending, developing the internet users, and the prevalence of mobile phones and the digital media in the region.

Alibaba, Amazon, Apple Inc., Applovin Corporation, Baidu, Facebook Inc., Google, Inc., Microsoft Corporation, Nokia, Sina, Tencent, Twitter, Verizon, Yahoo! Inc. and many more are the foremost companies which presently working in the Europe digital advertising market more proficiently for ruling around the globe, registering the great value of market share, keep maintaining the governing position, generating the highest percentage of revenue and leading the highest market growth by spreading the awareness connected to the applications and advantages of digital advertising, analysing the strategies and policies of government as well as contenders, decreasing the associated prices of such, increasing the features and benefits of digital advertising, implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such, and establishing the several research and development programs.

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The effective growth in technological advancements coupled with growing digital spending by enterprises is estimated to drive the digital advertisement market over the forecast period. Over the years, technological advancements regarding the internet, combined with its developing the commercial use and the speedily increasing number of internet users worldwide, have not only shaped the evolution of digital advertising and produced dissimilar forms of digital advertising but have also given grow to new advertising business models and new market levels and players.

Additionally, there are dissimilar types of advertisements for mobile devices, entailing the click to download, click to call, image text, and banner ads. Moreover, consumers broadly prefer smartphone devices over laptops or desktops, due to convenience and transferability. Similar functions can be operated on the former, due to which mobile platforms are anticipated to grow lucratively.

Rapidly growing investments associated with digital ads, predominantly online advertisements, are projected to drive the growth of the market studied in Europe. Also, the region is extremely aware and mature in terms of smartphones and online activity, which generates several opportunities for advertisers.

Additionally, there are dissimilar advertisements for mobile devices, comprising click to download, click to call, image text, and banner ads. Moreover, consumers broadly prefer smartphone devices over laptops or desktops, due to convenience and portability. Similar functions can be functioned on the former, due to which mobile platforms are projected to develop lucratively. With the introduction of new platforms and formats, the possibilities of video marketing are enlarging. While spending on traditional television advertising is decreasing, digital video market spending is augmenting. Therefore, it is predicted that during the near period the market of digital advertising will augment more proficiently over the review period around the world.

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Europe Digital Advertising Market

Related Reports:-

Europe Digital Advertising Market 2020-2026 by Platform, Ad Format, Industry Vertical, and Country: COVID-19 Impact and Growth Opportunity

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Future Outlook of Oman Plastic Pipe and Fitting Market: Ken Research

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The report titled "Oman Plastic Pipe and Fitting Market Outlook to 2022 - By Type of Pipe (UPVC, CPVC and PVC, PE, Others) and By End User Application (Irrigation, Water Supply & Sewage, Plumbing, Chemical & Oil, Others)" provides a comprehensive analysis on the Oman plastic pipe and fitting market. The report covers various aspects including introduction to Oman plastic pipe and fitting market size, major players in Oman plastic pipe and fitting market, Market segmentation by Type of Pipe (UPVC, CPVC and PVC, PE, Others), Market Segmentation by End User Application (Irrigation, Water Supply & Sewage, Plumbing, Chemical & Oil, Others), Growth Drivers, Restraints, Key Regulations Future Outlook and Analyst recommendation.

This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for manufacturers, retailers, end users such as government and potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Oman Plastic Pipe and Fitting Market

Market Size: Oman plastic pipe and fitting market is in its late growth stage. The market has registered a five-year CAGR of single digit from 2012 to 2017. Among plastic pipe and fitting market, plastic fittings are mostly imported from neighboring countries. Water conservation is one of the major trends that can be observed in Oman which has affected the plastic pipe and fitting market. Demand for different variant of plastic pipes which are more robust and economical is the other key factor for the surge in revenues of plastic pipe and fittings.


Market Segmentation

By Type of Pipes

The market is segmented into UPVC, PVC and CPVC, PE and Others. Others include plastic pipes such as ABS, PP etc. In 2017, PE pipes had the largest market share. UPVC pipes have the second largest share as these types of pipes are reasonably priced and are widely used in various sectors such as water pipelines etc. PVC and CPVC have been substituted by variety of other materials such as PE pipes. The newest type of pipes such as ABS, PPR, and PPX are categorized under others as their individual revenue contribution is low.

By Market Structure

The organized players have highest market share. Amiantit Oman, Muna Noor, Hepworth are some of the players in organized sector of plastic pipe and fitting. There are less than 10 players in the organized market and these companies manufacture high grade of plastic pipe and fittings. The players in unorganized market mostly manufacture PVC pipes only.

By Domestically Produced and Imported Products

The domestically manufactured products acquire the majority of market share which comprises of all the types of plastic pipes. Low price of raw material is one of the reasons for high market share of domestically manufactured pipes. Imported products which mainly include fittings have low market share.

By End User Application

Water supply and sewage, Irrigation, Oil and chemical industry pipelines, Plumbing and others (cable protection and gas etc.) are the major end user application for plastic pipes and fittings. Most of the plastic pipes and fittings in Oman are used for water supply and sewage systems. This is because UPVC and HDPE pipes are being preferred by the government as they are comparatively low in cost as compared to steel and iron pipes. Plumbing application has comparatively lower market share due to low value plastic pipe usage. Chemical and Oil industries are widely present in Oman and have shown increased adoption of plastic pipes in their new projects. Other application includes transfer of gas and electric cable conduits.

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Competition Scenario

The market is concentrated among top five players which include Amiantit Oman, Muna Noor, National Plastic, Hepworth and United Gulf Pipe Manufacturing Company. Out of these companies National Plastic and UGPM are the two companies which manufacture plastic fittings. Fitting’s market is largely import driven. Amiantit Oman is the biggest manufacturer of plastic pipes and fittings in the country with a high market share. It is followed by Muna Noor, National Plastic, Hepworth and UGPM which together constitute more than three fourth of the Oman plastic pipe and fitting revenue. There are some unorganized players in the market which have very small market share.

Future Outlook

The future outlook (2017-2022) of the industry is positive and is expected to grow at a CAGR of higher than the current period of estimation (2012-2017). It is anticipated that the PE pipes will grow at the fastest pace among all the types of plastic pipes, due to growth in end user application areas. The use of PVC pipes is expected to reduce due to substitution by other types of plastic pipes. The market share of organized sector manufacturers is expected to increase in 2022. The domestic manufacturing is expected to increase in the near future and will be mainly contributed by better capacity utilization. In case of end user application plastic pipes used in oil and chemical industry along with water supply and sewage pipelines is expected to increase at fastest pace due to enhanced focus on recovering the economy and conservation of water.

Key Segments Covered

By End User Application:

Irrigation

Water Supply & Sewage

Plumbing

Chemical & Oil

Others (Cable Protection, Gas etc.)

By Type of Pipes:

Unplasticized Polyvinyl Chloride (UPVC)

CPVC and PVC

Polyethylene (PE) (HDPE, MDPE, LDPE)

Others (Include polypropylene pipes, ABS, Polyvinylidene fluoride (PVDF) Etc.)

By Type of Market Structure:

Organized Sector

Unorganized Sector

Key Target Audience

Plastic Resin Suppliers

Plastic Pipe and Fitting Manufacturing Companies

Oil and Gas Industry

Government Bodies

Real Estate developers

Agriculture Sector Companies

Time Period Captured in the Report

2012-2017 - Historical Period

2017-2022 - Future Forecast

Companies Covered

Amiantit Oman, Muna Noor, Hepworth, National Plastic, UGPM

Key Topics Covered in the Report

Overview of Oman Plastic Pipe and Fitting Market.

Value chain analysis.

Oman Plastic Pipe and Fitting Market Size by Revenue.

Major Players in the Oman Plastic Pipe and Fitting Market.

Market Segmentation by Type of Pipe (UPVC, CPVC and PVC, PE, Others) and By End User Application (Irrigation, Water Supply & Sewage, Plumbing, Chemical & Oil, Others Restraints.

Growth Drivers

Company profile of Major Manufacturers (Amiantit Oman, Hepworth, Muna Noor, UGPM, National Plastic)

Market Snapshot of Middle East Plastic Pipe and Fitting Market

Vendor Selection Process

Future Outlook

Analyst Recommendation.

For More Information, Click on the Following Link: -

Oman Plastic Pipe and Fitting Market Analysis

Related Report: -

Contact Us: -

 Ankur Gupta, Head Marketing & Communications

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+91-9015378249

HR Analytics Market Growth is propelled by Growing Need to Employ Skilled Talent: Ken Research

 HR analytics contains business analytics and data mining solutions, which scrutinizes data created from several HR activities such as employee acquisition, attendance, performance management, engagement, training, and compensation. The HR analytics assists in growing the productivity of HR functions by estimating the imperative parameters such as performance, retention, and recruitment with the assist of data generated. All these aspects are underwriting to the market growth.

According to the report analysis, ‘HR Analytics Market By Component (Software and Services), Application (Core HR, Workforce Management, and Talent Management), Organization Size (MSMEs and Large Enterprises), and Region (North America, Europe, APAC, and Row) - Global Forecast up to 2025’ states that the requirement for HR analytics solutions is increasing owing to multiple factors, comprising gaining insights about the enterprise workforce and understanding how an organization culture is impacting the workforce efficiency and employee performance. Measuring & decreasing the employee turnover rate is also one of the aspects boosting the implementation of HR analytics solutions. Safeguarding the privacy of an employee and confirming the information is not misused are among the foremost restraints hindering the HR analytics market growth.

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Drivers assisting the growth of the HR analytics market in North America entail the presence of foremost vendors such as IBM, Oracle, and Micro Strategy. Technological improvements are also one of the aspects for the HR analytics market growth in this region. Asia Pacific is projected to observe the fastest growth rate during the review period owing to the augment in the number of HR professionals adopting HR analytics solutions for finding the accurate talent with the right skillset. In the APAC region, the enterprise's HR departments are also accepting the HR analytics for making more data-driven decisions.

Foremost vendors across dissimilar verticals are planning for huge investments in this market, and as a result, the HR analytics market is projected to augment at an impressive rate during the coming years. The foremost players in the market are adopting several organic as well as inorganic growth strategies, such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies, to be in the robust position in the market.

The growing requirement for enhancing the efficiency and decrease the functional cost in an organization is probable to drive the requirement for HR analytics across several industries. It enables the organization to encourage workforce optimization and generate metrics for full workforce performance advancement. It can analyze and access enormous unstructured data in real-time to contrivance business decisions connected to human resource utilization, which is crucial for business advancement. Not only has this, the Government initiatives to assist the implementation of digital technologies, mobile applications, and internet connectivity to decrease the manual efforts in a bid to improve the productivity of organizations, are projected to propel the market growth. Therefore, it is predicted that during the near future the market of HR analytics will augment more proficiently around the globe over the review period.

For More Information, Click on the Link Below:-

Global HR Analytics Market

Related Reports:-

Global HR Analytics Tools Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Thursday, July 7, 2022

Egypt Blood Gas Analyzer and POC Immunoassay Analyzer Market

 

Rise in Testing due to increasing prevalence in cardiovascular and other non-communicable diseases is driving the demand for Blood Gas Analyzers, POC Immunoassay Analyzers and Transcutaneous Monitoring Devices in Egypt: Ken Research

  • Installations of Blood Gas Analyzers, POC Immunoassay Analyzers and Transcutaneous Monitoring devices in Egypt is expected to grow as demand for technologically advanced products with extensive testing menu is rising within the healthcare facilities.
  • Owing to the increasing demand for POC and fully automated analyzers, the Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitoring Devices market is expected to grow at a decent growth rate in the next few years. An increase in number of patients being treated in ICUs, NICUs and emergency departments in Egypt would further accelerate the pace of growth of this market.

Increasing Disease Prevalence in Egypt: Cardiovascular diseases are the leading cause of death amongst the Egyptian Population. Cardiovascular Diseases are a major public health concern with significant social and economic implications in terms of healthcare -needs, lost productivity and premature death, therefore the testing for such parameters is on the rise in Egypt which is supporting the growth of these diagnostic devices (BGA, POC IAA and TCM) in the hospitals and independent labs in the country. Continuous need for improving the quality of healthcare in Egypt is also factor that is driving the market.

Egypt’s Elevating Healthcare Infrastructure: Egypt’s growing healthcare infrastructure is boosting the Blood Gas, POC Immunoassay Analyzer and Transcutaneous Monitoring Devices Market in Egypt. The Government of Egypt has planned to double the spending on Healthcare during the 2020-2021 which is expected to be around EGP 140 Billion increasing from EGP 73 Billion in 2019. Along with it, the proposal includes the establishment of 122 hospitals, 35 medical centers and 17 psychiatric hospitals which will boost the demand for these equipments in the country. Egypt’s growing healthcare infrastructure has been attracting major players from around the world to meet the growing demand for blood gas and POC immunoassay analyzers along with transcutaneous monitoring equipments in the country.



Future of Blood Gas Analyzers, POC Immunoassay Analyzers and Transcutaneous Monitoring Devices in Egypt: Blood Gas Analyzers, POC Immunoassay Analyzers and Transcutaneous Monitoring devices Market is expected to grow at a positive CAGR during 2021-2025. Technological innovations and extensive testing menu on a single device will be the major growth drivers for this market in Egypt. POC and handheld devices are gaining popularity in the private sector healthcare facilities and are expected to grow significantly in the country.  The new generation of POC devices in the future would be handheld, wireless solution to enable comprehensive blood analysis testing with results in less than a minute.

The report titled Egypt Blood Gas Analyzer, Immunoassay Analyzer and Transcutaneous monitors Market Outlook to 2025-Growing Healthcare Infrastructure, Increasing Testing Parameters and Higher Demand for POC Devices to Drive the market by Ken Research suggested that the Blood Gas Analyzer, Immunoassay Analyzer and Transcutaneous monitoring Devices market is expected to grow at a positive CAGR. The market revenue for Blood Gas Analyzers and POC Immunoassay Analyzers in Egypt is expected to grow over the next few years owing to the high demand for such devices in the country.

Key Segments Covered

Blood Gas Analyzer

  • By Installed Base
  • By Revenue
  • By Type of Product
  • By Type of Demand
  • By Type of End-user
  • By Type of End-User Entity
  • By Type of Workload
  • By Type of Device
  • By type of Sales Mode
  • By Region

POC Immunoassay Analyzer (Benchtop)

  • By Installed Base
  • By Revenue
  • By Type of Demand
  • By End User
  • By Type of End-User Entity
  • By Type of Sales Mode
  • By Region

Transcutaneous Monitors

  • By Installed Base
  • By Type of Product
  • By End User
  • By End User
  • By End-User Entity
  • By Region

Key Target Audience

  • Healthcare Industry
  • Medical Device Manufacturing Companies
  • Medical Device Distributors
  • Hospitals
  • Multi-specialty and Super Specialty Clinics
  • Diagnostic Centers

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Time Period Captured in the Report:

  • Base Year: 2020
  • Forecast Period: 2021F–2025F

Companies Covered:

Equipments Manufacturers

  • Roche Diagnostics
  • Abbott
  • Siemens
  • Radiometer
  • Wondfo
  • Boditech
  • Mitsubishi
  • Sentec
  • Instrumentation Laboratory
  • Sensacore and Others

Key Topics Covered in the Report

  • Egypt Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitoring Devices Introduction
  • Market Ecosystem – Supply Side and Demand Side
  • Value chain Analysis
  • Government Regulations
  • Detailed Analysis on Blood Gas Analyzer Market in Egypt (Market Size – Installed base and Revenue 2020; Market Segmentation; Market Shares; Product Comparison; Cross Comparison on Major Players; Future Market Size, 2025; Future Trends and Technologies)
  • Detailed Analysis on POC Immunoassay Analyzer Market in Egypt (Market Size – Installed base and Revenue 2020; Market Segmentation; Market Shares; Product Comparison; Cross Comparison on Major Players; Future Market Size, 2025; Future Trends and Technologies)
  • Detailed Analysis on Transcutaneous Monitors Market in Egypt (Market Size – Installed base and Revenue 2020; Market Segmentation; Market Shares; Product Comparison; Cross Comparison on Major Players; Future Market Size, 2025; Future Growth Drivers)
  • Major Challenges in Egypt Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitoring Devices Market
  • Business Opportunity (Customer Analysis, Major upcoming Healthcare Projects in Egypt)
  • Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)

For More Information on the research report, refer to below link: -

Egypt POC Immunoassay Analyzer Market Research Report

Egypt Transcutaneous Monitors Market Research Report

Related Reports by Ken Research: -

Kuwait Blood Gas and POC Immunoassay Analyzer Market Outlook to 2026

Bahrain Blood Gas Analyzer and POC Immunoassay Analyzer Market Outlook to 2026 – Driven by Multiple programs to modernize and uplift the healthcare system in Bahraini will secure the future attraction towards improved technologies

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Change In Consumer Preferences to Focus On Foods That Are Overall Healthy And Minimally Processed Is A Major Factor Fueling The Demand For Organic Baby Food In The North America Market: Ken Research

North America Organic Baby Food Market News

Impact of COVID on North America Organic Baby Food Market: The organic baby food market has seen growth during the COVID-19 pandemic. The change in consumer purchasing habits and increased consumer awareness towards health and nutrition resulted in an increased demand for organic baby food products. Many parents chose to feed their children with organic baby food instead of synthetic baby food due to their nutritional values which helped the market to grow. Furthermore, there was a boom in online grocery shopping, and purchasing rate of organic baby foods increased owing to the rise in consumption of homemade food for almost all three meals a day.

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Wide Range of Product Type: As the popularity of organic baby food grows, a large variety of products are available in the market that helps in the overall development of babies. Products include infant milk formula, porridge, puree, and snacks. Infant milk formula and porridges were the most dominant products in the organic baby food market. The growth of porridge segment can be attributed to the demand for safe, organic, and nutritious baby foods in easy-to-prepare formats. Moreover, most parents lack time and at times availability of raw ingredients is limited which further contributes to the rise in the growth of porridges.

Rise in demand for online channel sales: There is an online delivery service for almost everything and organic baby food is no exception. Parents are adapting online channel sales as it saves time, convenient, and allows them to compare and choose a variety of organic baby food which might not be available at a single store.

Analysts at Ken Research in their latest publication North America Organic Baby Food Market Outlook and Forecast to 2027 - Driven by the rising number of millennial parents who are increasingly health conscious and adopting natural, minimally processed foodbelieve that the Organic Baby Food Market is expected to grow owing to the increasing awareness among parents regarding the intake of nutrition, with the health benefits associated with organic food products is likely to boost the growth of the market.

Key Segments Covered in North America Organic Baby Food Market:-

North America Organic Baby Food Market By Product Type

Infant Milk Formula

Porridges

Puree

Snacks

North America Organic Baby Food Market By Ingredients

Grains & Cereals

Dairy

Vegetables

Fruits

Meat

North America Organic Baby Food Market By Packaging

Plastic Bottles

Glass bottles

Cans

Others (Pouches, Boxes, Trays, And Papers)

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North America Organic Baby Food Market By Distribution Channel:-

Supermarkets/Hypermarkets

Pharmacies

Specialty Stores

Online Channel

North America Organic Baby Food Market By Geography and Major Countries:-

USA

Canada

Mexico

Key Target Audience:-

Organic Baby Food Manufacturers

Raw Material Suppliers for Organic Baby Food Products

Potential Investors in Organic Baby Food Market

Organic Baby Food Distributors

Baby Food Manufacturers

Plant-Based Baby Food Manufacturers

Plant-Based Baby Food Distributors

Non-Processed Food Manufacturers

Mineral Food Manufacturers

Start-Up Companies in Baby Food Market

Retailers in Baby Food Market

Baby Food Research Groups

Organic Food Research Groups

Companies’ Stakeholders

Allied Industries for Organic Baby Food Market

Vegan Food & Beverages Distributors

Food & Beverage Industry

Testers and Processors in Organic Baby Food Industry

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

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Major Organic Baby Product Companies in North America Mentioned in the Report:-

Danone

Nestlé

Abbott Laboratories

Hero Group

Kraft Heinz Company

Neptune Wellness

HiPP

Holle Baby Food AG

Reckitt Benckiser

Hain Celestial

Sun-Maid Growers

Cerebelly

Notable Emerging Organic Baby Food Product Companies in North America Mentioned in the Report:-

Once upon a farm

Amara

Little spoon

Tiny Organics

Serenity kids

Yumi

Impress

Love Child Organics

La huerta de elisa

Key Topics Covered in the Report:-

Snapshot of North America Organic Baby Food Industry

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America Organic Baby Food Market  

Historic Growth of Overall North America Organic Baby Food Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America Organic Baby Food Industry

Overview, Product Offerings, Developments, and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall North America Organic Baby Food Market

Future Market Forecast and Growth Rates of the Total North America Organic Baby Food Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America Organic Baby Food Market in Major North American Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America Organic Baby Food Companies within Each Major Country

For more information on the research report, refer to below link:-

North America Organic Baby Food Market

Related Reports:-

Philippines Baby Food Market Outlook to 2023 - By Food Category (Infant Milk Formula, Dried Baby Food, Prepared Baby Food and Other Baby Food), By Nature (Inorganic and Organic Foods), By Age Group (0-6 months, 6-12 months and 12+ months) and By Distribution Channel (Health and Wellness Retailers, Supermarkets, Small Grocery Stores, Hypermarkets, E-commerce Portals and Convenience Stores

Saudi Arabia Baby Food Market Outlook to 2023 - By Food Category (Infant Milk Formula, Dried Baby Food, Prepared Baby Food and Other Baby Food), By Distribution (Supermarkets and Hypermarkets, Health and Wellness Stores, Small Grocery Stores, E-commerce and Convenience Stores), By Inorganic and Organic and By Region

Nigeria Baby Food Market Outlook to 2023 - By Milk Formulae (Standard, Follow-On, Growing-Up Milk Formula), Dried Baby Food (Cereal Based and Others -Meat/Fish, Fruits & Vegetable and Nuts), Prepared/ Ready to Eat Baby Food and Other Baby Food; By Organic Baby Food; By Channel (Supermarkets, Independent Small Grocers, and Online

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Frequently Asked Questions:-

What is the Study Period of this Market Report?

The North America Organic Baby Food Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of North America Organic Baby Food Market?

The North America Organic Baby Food Market is expected to witness a CAGR of above 10% over the next 5 years.

What are the Key Factors Driving the North America Organic Baby Food Market?

Rising number of millennial parents who are increasingly health conscious and adopting natural, minimally processed food is expected to be the primary driver of this market.

Which is the Fastest Growing Product Segment within the North America Organic Baby Food Market?

Porridges is the fastest growing product segment within the North America Organic Baby Food Market.

Who are the Key Players in North America Organic Baby Food Market?

Danone, Nestlé (Gerber), Abbott Laboratories, Hero Group, Kraft Heinz Company, Neptune Wellness, HiPP, Holle Baby Food AG and Reckitt Benckiser are the major companies operating in North America Organic Baby Food Market.