The Global Organic Dairy Food and Drinks Market size valued to USD 19.36 billion in2019 is predicted to garner USD 54.64 billion by 2030, with a growing CAGR of 9.8%from 2020-2030.
The organic dairy food and drinks products are manufactured using organic milk as rawmaterials that is obtained from livestock raised by organic farming method. It majorlyincludes perishable products that are consumed on a daily basis such as milk, yogurt,butter and others. Organic dairy products are 50% high in protein, calcium, omega 3 fattyacids as well as 40% rich in conjugated linoleic acid (CLA) as compared to conventionaldairy products.
As these products are organic, neither the raw-materials nor the livestock contain anysynthetic hormones, antibiotics, toxic pesticides, or genetically modified organisms.Besides, organic milk being rich in minerals and antioxidants, it is highly beneficial for health and fitness.
The organic dairy food and drinks market is observing lucrative growth due to increasingawareness regarding health benefits in consuming these products as compared to thetraditional ones, growing demand from the fitness enthusiasts for energy-based drinks,and inclination towards low-fat, high-protein organic products. Besides, increase in percapita disposable income at global level, higher standards of livings and reinforcedpurchase power of consumers, shall supplement the market growth in the coming future.
Furthermore, factors such as stringent regulations regarding food safety imposed by FDA,as well as growing concerns towards environmental conservation, animal welfare, andshift in traditional farming methods to organic farming as well as using organic grazingmethods in animal husbandry, are expected to provide avenues for growth of the globalorganic dairy food and drinks market throughout the forecast period.
However, high pricing of such products, lack of marketing and fake organic labels areexpected to hinder the organic dairy food and drinks market growth during the forecastperiod. Moreover, increasing support from the government authorities in providing loansat low interest rates, subsidiaries, and other monetary assistance, rise in governmentinitiatives to promote small scale business, and increase in R&D activities are likely tocreate ample of opportunities in the organic dairy food and drinks market.
The global organic dairy food and drinks market share analysis is based on product type,distribution channel and geography.
Based on product type, the market is segmented into Organic Milk, Organic Yogurt,Organic Cheese, and Other. Based on distribution channel, the market is divided intoonline retailer and offline retailer. The offline retailer segment is fragmented into supermarkets, specialty stores, convenience store and others. Geographic breakdown andanalysis of each of the previously mentioned segments include regions comprising NorthAmerica, Europe, Asia-Pacific, and RoW.
North America is estimated to retain its dominance in the global organic dairy food anddrinks market, holding the highest market share over the forecast period owing toincrease adoption of organic food and drink products. The other contributing factors areincreased consumer awareness about these products, higher standards of living, andhigher demand from health enthusiasts in this region.
The organic dairy food and drinks market, which is highly competitive, consists of variousmarket players. Some of the major market players include Chobani, LLC, BJ's WholesaleClub Inc, General Mills, Inc., Danone (horizon organic), Royal FrieslandCampina N.V.,Stonyfield Farm, Inc., Organic Valley Cropp Cooperative, Safeway Inc., Unilever Groupand Straus Family Creamery among others.
KEY BENEFITS:
The organic dairy food and drinks market report provides a quantitative analysis ofthe current market and estimations through 2020-2030 that assists in identifying theprevailing market opportunities to capitalize on.
The study comprises a deep dive analysis of the organic dairy food and drinksmarket trend including current and future trends for depicting the prevalentinvestment pockets in the market.
The report provides detailed information related to key drivers, restraints andopportunities and their impact on the organic dairy food and drinks market.
The report incorporates competitive analysis of the market players along with theirmarket share in the global organic dairy food and drinks market.
The study elaborates SWOT analysis and Porters Five Forces model for the organicdairy food and drinks market.
Value chain analysis in the organic dairy food and drinks market study provides aclear picture of the stakeholders' roles.
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RandomThe anticipated size of the Global Organic Dairy Food and Drinks Market is projected to reach USD 54.64 billion by 2030, experiencing a robust Compound Annual Growth Rate (CAGR) of 9.8% from 2024 to 2030. The market's prosperous expansion is attribu...
