Organic Dairy Food and Drinks Market revenues will grow nearly 10.2% from 2019 to 2026, reaching nearly $38,765.0 million in 2026

The global organic dairy food and drinks market size was valued at $17,849.0 million in 2018 and is projected to reach $38,765.0 million by 2026, to register a CAGR of 10.2% during the forecast period.

People have become very health conscious today as prevalence of chronic diseases has increased over the years. This has encouraged people to look for food options to stay healthier and as a result of which consumption of organic products has experienced growth.

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Organic milk is the most prominent category in the type segment in the global organic dairy food and drinks market and is projected to grow at a steady CAGR of 10.0% through 2019-2026. Organic dairy food and drinks are manufactured by using organic milk as a raw material collected from livestock with the help of organic farming methods. It mainly includes perishable products such as milk, yoghurt, cheese, butter, and ice cream, which are used on a daily basis by consumers. Factors such as unique nutrient package and benefits provided by dairy food and drinks, make them an important part of a consumer's life. The global market of organic dairy food and drinks is driven by the continuous introduction of innovative organic dairy products such as energy-based milk drinks and flavored organic milk drinks.

The demand for organic dairy food and drinks has been steadily increasing. Growth in health awareness among consumers is one of the key driving factors affecting the organic dairy food and drinks market size. In addition, food safety, environmental protection, animal welfare, and increase in use of natural and organic products are other major factors contributing to the growth of this market. Moreover, rise in purchasing power of consumers, improved standard of living, and initiatives taken by government associations such as low interest rates and loan facilities, are also driving the growth of this market in developing countries. However, high price of organic dairy products, private labels faking organic dairy products labels, lack of promotion, and increase in R&D cost hamper the organic dairy food and drinks market growth. On the contrary, Organic Dairy Food and Drinks Market Opportunity is expected to experience increase with the improvements in product offering together and attractive packaging.

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Based on region, the organic dairy food and drinks industry is segmented into North America, Europe, Asia-Pacific, and LAMEA. In 2018, North America generated the highest revenue valued at $8,148.1 million in organic dairy food and drinks market share in 2018. This region is further expected to attain a market value of $17,773.8 million by 2026, growing at a CAGR of 10.3%. North America is expected to maintain its dominant position throughout the forecast period. LAMEA and Asia-Pacific are the emerging regions in the organic dairy food and drinks market and are expected to garner a cumulative share of 19.9% in 2026 growing at a CAGR of 10.0% and 8.6% respectively from 2019 to 2026.

The key players profiled in the report include BJ's Wholesale Club Inc, Chobani, LLC, Danone (horizon organic), General Mills, Inc., Organic Valley Cropp Cooperative, Royal FrieslandCampina N.V., Safeway Inc., Stonyfield Farm, Inc., Straus Family Creamery, and Unilever Group.

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