The products that are extracted from the livestock through organic farming are broadly known as organic products. These products are high in vitamins, conjugated linoleic acid, antioxidants, and other nutrients. They possess several health benefits such as better metabolism, a decrease in muscle & joint pain, low heart attack risk, and decreased possibilities of cancer. These few are the key factors driving the demand in the global organic dairy products market.
In the past few years, the players have also come up with new and innovative ranges of organic products like flavored organic drinks, energy-based beverages, and others. Besides, the rising awareness regarding food safety and nutrition is also contributing majorly to the market growth significantly. Additionally, people across the world are becoming more health-conscious and thus are investing more in organic products and its consumption. This is likely to improve the market situation in terms of revenue. This also is foreseen to provide new opportunities to the existing players in the market as well as new entrants.
Consistently improving standards of living among the people combined with their expanding disposable income is propelling the development of the market altogether. The rising ventures to help the innovative research activities to come up with new products in the market are further driving the development of the global organic dairy products market. With the increasing initiatives by the governments of various countries, such as low rate of interest and easy loan facilities the makers of organic dairy products are estimated to contribute to the demand in the global market growth in the forthcoming years.
The global organic dairy products market is broadly divided into application, type, packaging type, distribution channel, and region. In terms of type, the global market is classified into yogurt, liquid milk, milk powder, butter & cheese, ice cream, and others. Based on application, the global market is fragmented into aged, children, and adults. On the basis of distribution channel, the market is categorized into online/e-retailing, direct sales, grocery & convenience stores, organic specialty shops, hypermarkets, discount stores, and others. As per the packaging type, the global market is segmented into pouches, tetra-packs, bottles, cans, and others.
Geographically, the global organic dairy products market is estimated to be dominated by North America, with the highest market share within the forecast period. This is attributed to the existence of leading players in the region along with the rising adoption of organic products among the people. Moreover, the change in lifestyle of the people and prevalence of health issues such as high blood pressure, stress, diabetes, etc. are fueling the regional demand.
In addition, Asia Pacific is expected to register significant growth in the coming years owing to increased chronic disorders among the people, rising research & development activities by the players, and a rise in awareness among the people about organic food products.
The key players operating in the global organic dairy products market include Organic Dairy Products Market, Royal FrieslandCampina N.V., Danone SA, Fonterra Group Cooperative Ltd., Dean Foods Company, Parmalat S.P.A, Dairy Farmers of America Inc., and others.
To cite, recently, a firm based in New York, named Maple Hill Creamery has launched a first no-sugar and ultrafiltered milk. This is claimed to be one of its kind in the US as well.