Organic Dairy Products Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos
Organic dairy products are made with organic milk from animals raised using organic farming methods. In comparison to conventional dairy products, organic dairy products have 40% more heart-healthy Conjugated Linoleic Acid (CLA) and 50% more advantageous omega-3 fatty acids. These products have various positive health effects, such as improving metabolism, lowering the risk of heart disease and cancer, reducing muscle and joint pain, and boosting immunity. As per FIBL, organic cow’s milk in Europe has increased from 2.91 million metric tons in 2009 to 5.59 million metric tons in 2019.
The Organic
Dairy Products Market is expected to grow at a steady rate of around 9%. A rise in disposable income and improved living
standards, coupled with the surging consumer awareness is contributing to the
market growth. Also, the market is driven by the continuous introduction of
innovative organic dairy products such as energy-based milk drinks and flavored
organic drinks. In addition, food safety, environmental protection, animal
welfare, and an increase in the use of natural and organic products are the
other major factors contributing to the growth of this market.
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According to UnivDatos Market Insights (UMI)’
research report “Global Organic Dairy Products Market”,
the market is expected to witness robust growth during the forecast period (2022-2028).
Globally, 1.5 % of farmland is
organic. In 2020, Australia was ranked first with an organic agricultural
land area amounting to 35.69 million hectares. The land area used for organic
agriculture in Australia is thus larger than the acreage of all the other
leading countries combined. Australia is followed by Argentina and Uruguay,
which each had areas of organic agriculture of approximately 4.45 and 2.74
million hectares, respectively. Moreover, Organic area made up 9.1 % of
total EU agricultural land in 2020. In
Europe, the total area under organic farming in the EU continues to increase,
and in 2020 covered 14.7 million hectares of agricultural land. Moreover, 2020,
Sweden had the highest shares of organic cereals (7.1 %) and fresh
vegetables (17.8 %) in its total production, while Greece had the highest
share of organic bovine animals (30.3 %).
Based on product, the market is segmented into organic milk, organic
cheese, organic yogurt, organic butter, and others. The
organic milk segment grabbed the major market share and dominated the market in
2020. Animals that produced organic milk are predominantly fed organic feed and
do not consume artificial feed or treatment in their diets. One can get the
nutritional benefits of milk without exposing to chemical contaminants.
Numerous studies have found that organic milk has a higher nutritional
content, and even more healthy omega-3 fatty acids, and more disease-fighting
antioxidants than non-organic milk.
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Based on the distribution channel,
the market is categorized into hypermarkets & supermarkets, specialty
stores, online, others. Among these, the hotels &
restaurant segment to hold a significant share in the market in 2020. The
hypermarket/supermarket segment grabbed a considerable market share in 2020.
Growing number of these stores in contributing to the market growth. However,
the online segment would witness the highest CAGR during the forthcoming years
North America to witness extensive growth
For a better understanding of the market
adoption of the organic dairy products industry, the market is analyzed based
on its worldwide presence in the countries such as North America (U.S., Canada,
Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of
Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of
World. North America is anticipated to grow at a substantial CAGR during the
forecast period owing to the growing number of organic farms in the countries
such as the United States and Canada. As per the U.S. Department of
Agriculture’s National Agricultural Statistics
Service, There were more than 14,000 certified
organic farms in the United States in 2016 which increased to 16,585 in 2019.
However, the Asia-Pacific region would witness the highest CAGR during the
forthcoming years.
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According
to UnivDatos Market Insights (UMI)’, the key players with a considerable market
share in the Organic Dairy Products market are Chobani LLC, General
Mills Inc, Safeway Inc, BJ's Wholesale Club Inc, Straus Family Creamery, Unilever
Group, Stonyfield Farm Inc., Royal FrieslandCampina N.V., Danone SA, and Organic
Valley.
“Global
Organic
Dairy Products Market” provides comprehensive qualitative and quantitative insights on
the industry potential, key factors impacting sales and purchase decisions,
hotspots, and opportunities available for the market players. Moreover, the
report also encompasses the key strategic imperatives for success for
competitors along with strategic factorial indexing measuring competitors’
capabilities on different parameters. This will help companies in the
formulation of go-to-market strategies and identifying the blue ocean for its
offerings.
Market Segmentation:
1. By
Product Type (Organic Milk, Organic Cheese, Organic Yogurt, Organic Butter, and Others)
2. By
Distribution Channel (Hypermarkets & Supermarkets, Specialty
Stores, Online, and Others)
3.
By Region (North
America, Europe, Asia-Pacific, Rest of the World)
4.
By Company (Chobani
LLC, General Mills Inc, Safeway Inc, BJ's Wholesale Club Inc, Straus Family
Creamery, Unilever Group, Stonyfield Farm Inc., Royal FrieslandCampina N.V., Danone
SA, and Organic Valley)
Key
questions answered in the study:
1.
What are the current and future trends
of the global Organic Dairy Products industry?
2.
How the industry has been evolving in
terms of type, drive type, and application?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the global organic dairy products industry?
5.
What is the customer orientation,
purchase behavior, and expectations from the global organic dairy products
suppliers across various region and countries?
Labels: Organic Dairy Products Market
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