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Global Organic Dairy Food & Beverage Market Size, Share and Global Outlook 2022-2030
The new market research report published by Inkwood Research predicts that the Global Organic Dairy Food & Beverage Market is projected to record a CAGR of 10.82% during the forecasting years of 2019-2028."Browse 32 market Data Tables and 39 Figures spread over 117 Pages, along with an in-depth TOC on Global Organic Dairy Food & Beverage Market Forecast 2019-2028."
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Organic dairy food and drinks primarily include perishable products such as milk, cheese, butter, yogurt, and ice cream. The unique nutrient package and benefits provided by the dairy food and drinks make them an important part of a consumer's life. The market is decided by the constant introduction of innovative organic dairy products, such as flavored organic milk drinks and energy-based milk drinks.
Mounting Health Concerns and Need for Chemical-free Products Drives Market Growth
A significant factor driving the global market is the growing awareness about health concerns leading to the demand for toxin-free organic dairy products. Consumers prefer healthy products and products labeled as 'organic.' Organic dairy products do not contain any preservatives, and they are fresher and taste better due to shorter shelf life. Consumers prefer non-toxic and environmentally friendly organic products. The nutritional benefits, freshness as well as better taste of organic products are driving the market growth. Non-organic products contain pesticides, chemicals, and drugs, which can be hazardous to health.
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Organic Milk Type Segment Attributes for the Largest Revenue Share
The demand for organic milk is speedily increasing across countries due to the preference for dairy products made using sustainable methods. Organic milk is produced from livestock raised by organic farming methods, and is known for nutritional benefits, freshness, and better taste. Growing health awareness and focus on environment protection and animal welfare are resulting in an increase in the consumer's preference for organic milk. Organic milk has higher levels of Omega 3 fatty acids, more antioxidants and vitamins than conventional milk, which are beneficial for the health of consumers. A large number of farmers are opting for organic farming due to the growing demand and market potential, and manufacturers are offering different types of organic milk like organic low-fat milk, organic whole milk, fat-free organic milk, and others.
Europe to Record the Highest CAGR in the Global Market
The Europe organic dairy food & beverage market is predicted to be the fastest-growing region during the forecast period of 2019-2028. Surging health concerns amongst the consumers, the emergence of environment protection, a strong economy, and well-developed infrastructure are resulting in the market boom in the region. Moreover, market players are taking initiatives to encourage farmers to shift from traditional farming methods, which will promote market growth further.
There is fierce competition in the market to occupy a major share, owing to the presence of various players in the market. Some of the players have adopted high organic production techniques to launch more innovative and healthy products, while other players are concentrating on new product development. Brand loyalty is a major concern for buyers. The presence of renowned companies such as General Mills, Inc, Chobani, LLC, Royal FrieslandCampina N.V., Danone SA, Unilever Group, among others, adds to the market competition.
Related Reports:
GLOBAL HEMP MILK MARKET
GLOBAL HALAL FOOD & BEVERAGE MARKET
GLOBAL GLUTEN FREE PASTA MARKET
GLOBAL FERMENTED FOOD AND INGREDIENTS MARKET
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