Organic Milk Market Growth Factors 2018- 2026 By Top Vendors Groupe Danone, Organic Valley, Organic Milk Suppliers Cooperative (OMSCo), Fonterra Co-operative Group Limited, Arla Foods Amba, Agropur Dairy Cooperative, Clover Stornetta Farms,

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.

Market Dynamics

Changing dietary preference of the people towards organic food & beverage products is propelling demand for organic milk products. According to reports published by the Food and Drug Administration of United States, six in 10 U.S. citizens believe that organic food products are better for their health. Also, according to the U.S Department of Agriculture, 4% of the total food sales in the U.S. in 2016 were organic products. The organic retail sales in Europe stood at US$ 30.85 billion in 2014, as estimated by The International Federation of Organic Agriculture Movements.

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Market Outlook

On the basis of distribution channel, supermarkets segment is projected to gain major traction in the market over the forecast period. Supermarkets are focusing on initiatives to tap potential opportunity in organic milk market. For instance, in February 2017, Asda, one of the key retailor in the U.K., started to sell Dairy Farmers ‘free range dairy milk’, to meet consumer demand for organic milk in the U.K. Asda identified potential 109 stores and started selling organic milk under Pasture Promos logo. Such marketing strategies are projected to boost sales of organic milk products through supermarkets.

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.

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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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.

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This release was published on openPR.