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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Top Companies: 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
Market Dynamics and Trends
The organic dairy food and drinks market is observing lucrative growth due to increasing awareness regarding health benefits in consuming these products as compared to the traditional ones, growing demand from the fitness enthusiasts for energy-based drinks, and inclination towards low-fat, high-protein organic products. Besides, increase in per-capita disposable income at global level, higher standards of livings and reinforced purchase power of consumers, shall supplement the market growth in the coming future.
Furthermore, factors such as stringent regulations regarding food safety imposed by FDA, as well as growing concerns towards environmental conservation, animal welfare, and shift in traditional farming methods to organic farming as well as using organic grazing methods in animal husbandry, are expected to provide avenues for growth of the global organic dairy food and drinks market throughout the forecast period.
However, high pricing of such products, lack of marketing and fake organic labels are expected to hinder the organic dairy food and drinks market growth during the forecast period.
Moreover, increasing support from the government authorities in providing loans at low interest rates, subsidiaries, and other monetary assistance, rise in government initiatives to promote small scale business, and increase in R&D activities are likely to create ample of opportunities in the organic dairy food and drinks market.
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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.
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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