Press release
Organic Dairy Food and Drinks Market Trends, Growth, Demand, Opportunities and Forecast to 2030
The Global Organic Dairy Food and Drinks Market size valued to USD 19.36 billion in 2019 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 raw materials that is obtained from livestock raised by organic farming method. It majorly includes 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 fatty acids as well as 40% rich in conjugated linoleic acid (CLA) as compared to conventional dairy products.
As these products are organic, neither the raw-materials nor the livestock contain any synthetic 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.
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Competitive Landscape
The organic dairy food and drinks market, which is highly competitive, consists of various market players. Some of the major market players include Chobani, LLC, BJ's Wholesale Club Inc, General Mills, Inc., Danone (horizon organic), Royal FrieslandCampina N.V., Stonyfield Farm, Inc., Organic Valley Cropp Cooperative, Safeway Inc., Unilever Group and Straus Family Creamery among others.
The past endeavors and futuristic advancements, sum-up to comprehend the growth of the overall organic dairy food and drinks market. For instance, in November 2019, Danone (horizon organic) based in North America, launched a new whole milk created specifically for children aged one to five under the name ‘Horizon Organic Growing Years.’ Developed in partnership with pediatricians, Growing Years contains DHA Omega-3, choline, prebiotics, vitamin D and high calcium content.
In February 2020, Organic Valley Cropp Cooperative., the nation’s largest farmer-owned organic cooperative based in America, introduced its new line of organic thick-cut off the block shredded cheese available in five varieties viz. 3-cheese Mexican, 3-cheese Italian, mozzarella, mild cheddar, and sharp cheddar. Organic Valley products are known for its authenticity. All the products are processed from raw organic milk obtained from well-cared pasture-raised animals. Organic Valley is largest cooperative of organic farmers in the Americas and its one of the nation’s leading organic brands.
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Market Segmentations and Scope of the Study:
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 into online retailer and offline retailer. The offline retailer segment is fragmented into super markets, specialty stores, convenience store and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis
North America is estimated to retain its dominance in the global organic dairy food and drinks market, holding the highest market share over the forecast period owing to increase adoption of organic food and drink products. The other contributing factors are increased consumer awareness about these products, higher standards of living, and higher demand from health enthusiasts in this region
Asia Pacific is estimated to show significant growth in the organic dairy food and drinks market, with considerably increasing market share owing to increase in disposable income and increasing awareness towards the advantages of organic food and drinks products. Moreover, increase in R&D activities, innovative product launches, increase in government initiatives, as well as increasing concerns towards animal welfare and ecosystem conservation are expected to foster the growth of organic dairy food and drinks market.
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We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
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