Press release
Organic Milk Market Revenue Opportunities and Analysis By Worldwide Top Manufacturers - Groupe Danone, Organic Valley, Organic Milk Suppliers Cooperative (OMSCo), Fonterra Co-operative Group Limited, Arla Foods Amba
Organic milk is referred to the milk from livestock, which are raised through organic farming methods. Livestock are fed with organic feed and need to follow organic farming stipulation such as no artificial additives in the feed, no antibiotics, no growth hormones, living condition allow movement of livestock, and the animal should have access to outdoors.Download PDF Brochure : https://www.coherentmarketinsights.com/insight/request-pdf/1618
Market Outlook
-North America accounted for highest revenue share in global organic milk market in 2017 and the region is projected to lead the market throughout the forecast period. In North America, the U.S. is the most lucrative market for organic milk. According to Agricultural Marketing Services USDA 2018 report on Organic Fluid Dairy, total organic milk products sales for February 2018 were pegged at 205 million pounds, up by 1.0% from February 2017. Total organic milk products sales for February 2018 were pegged at 85 million pounds, which is up by 10.9% compared to February last year.
-Europe accounted for second-largest market share and the trend is projected to continue over the forecast period. European Union is actively promoting organic farming through the EU Common Agricultural Policy (CAP). Under the current CAP for the period 2014–2020, organic farming is supported by Pillar 1 (direct payments) and Pillar 2 (Rural Development Programme). Such factors are expected to increase availability of organic feed to livestock and in turn aiding in growth of the organic milk market in Europe.
Key players in Global Organic Milk Market
Key players operating in the global organic milk market include Groupe Danone, Organic Valley, Organic Milk Suppliers Cooperative (OMSCo), Fonterra Co-operative Group Limited, Arla Foods Amba, Agropur Dairy Cooperative, Clover Stornetta Farms, Inc., and Shamrock Foods Company, among others.
Leading market players are launching new organic milk products, in order to meet rising demand from consumers. For instance, in September 2017, Arla Foods launched its first branded organic milk product in Middle East. The product was strategically launched by company to tap potential market outside Europe. The product was launched in all leading retail chains in UAE such as Union Coop, Choithrams, Lulu, Geant, and Spinneys hypermarkets. Moreover, Arla Food is planning to expand its organic food business in Saudi Arabia and Kuwait in 2018. Such activities are projected to have positive impact on growth of the market in Middle East.
Market Taxonomy
On the basis of product type, global organic milk market is segmented into:
Standard Organic Milk
Fat Free Organic Milk
Low Fat Organic Milk
Others
On the basis of distribution channel, global organic milk market is segmented into:
Hypermarkets
Supermarkets
Convenience Stores
Online Stores
Others
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