For sale is an ecommerce business in the rare organic baby formula niche. This company experienced record-setting growth in 2019 after a complete website overhaul with state-of-the-art features.
Founded in 2015, sells formula comprised only of the finest, truly organic and GMO-free
ingredients from Europe. It was the first e-commerce organic baby formula business; subscriptions grew by 135 percent last year. There is already $825,000 in subscription sales booked into the next year.
This business can be run from anywhere in the world: the owner spends 10 to 12 hours per week maintaining the business-or about two hours per day. The growth trajectory for this niche is strongly upward: according to ResearchAndMarkets.com, the global organic baby food market reached a value of US $5.95 billion in 2018.
Parents worldwide are shifting away from baby formulas which contain high fructose corn syrup, artificial flavors, preservatives, colours, pesticides from fruits and vegetables, and milk products sourced from animals fed on grain rather than grass, and given antibiotics and/or growth hormones.
Because of these factors, the market is expected to reach a value of US $11 billion by 2024, exhibiting a compound annual growth rate of 11% during 2019-2024.
Sale Pending: No
First Seen: Tue, Aug 27th 2019
Last Updated: Wed, Sep 25th 2019