Worldwide Organic Dairy Market Size was US$ 23.8 Billion in 2021
The organic dairy product industry is driven by the continuous introduction of innovative organic dairy products such as flavored organic drinks and energy-based milk drinks in distribution channels like Hypermarkets/Supermarkets, Convenience Stores, Online, etc. The demand for organic dairy drinks and food is experiencing a steady increase in daily life. The advancement in health awareness among consumers is one of the key driving factors. Furthermore, environmental protection, food safety, animal welfare, and increased usage of natural and organic products are the other consequential factors contributing to the growth of this market.
COVID-19 Impact on Organic Dairy Food Industry
The unprecedented COVID-19 pandemic significantly impacted the organic dairy product sector in 2020. As shoppers search for healthy, clean food to feed their at-home families, the organic dairy product is proving to be the food and drink of choice for the home. Clean label or organic dairy products are attractive new trends in the fresh food & beverages industry. Organic yogurt and cheese are being utilized in various applications such as soups, dips, and snacks. The growing popularity of the keto diet for weight management has also raised the demand for organic dairy products such as grass-fed butter in COVID-19.
Global Organic Dairy Industry is expected to grow at a CAGR of 9.20% from 2021 to 2027
Based on product type, Organic fluid milk represents a staple food for most customers, particularly in producing nations, such as China and India. Various operations are performed for processing beverage milk, namely homogenization, standardization, fortification with vitamins A and D and pasteurization. It is highly nutritious and rich in energy, proteins, vitamins, minerals, carbohydrates, fats, and minerals, minor biological proteins, and enzymes. As a result, fluid milk offers myriad health benefits, including a more robust immune system, increased bone strength, and the prevention of various illnesses, such as dental decay, dehydration, respiratory problems, hypertension, obesity, osteoporosis, and some forms of cancer.
North America Accounts for a significant Market Share Globally
In terms of Region, North America has the significant market share in the organic dairy product market. This is attributed to the growing consumption of organic dairy products in countries such as the United States on account of increasing awareness regarding the health benefits of such food products. Consumers in the region switch to organically produced dairy products due to their increasing health consciousness. Moreover, the growing understanding of the health benefits of these products has also catalyzed their demand in the region.
Apart from this, the improved retail channels across the region have induced the easy availability of organic dairy products in supermarkets, hypermarkets, convenience and grocery stores, etc. Further, different organic dairy products are available in the industry, offering a vast product portfolio to consumers. This includes flavored milk, ice cream, milk, yogurt, and cheese, which can cater to the flavor and importance of a large number of consumers.
Competitive Landscape:
The organic dairy product market is fragmented into players like Arla Foods, The Kroger Company, General Mills, Inc., China Shengmu Organic Milk Ltd., Saputo, Inc., Unilever plc, Nestlé, SunOpta Inc. The companies are launching new products in order to attract more number of customers.
This report titled Organic Dairy Products Market by Products (Organic Fluid Milk, Organic Yoghurt, Organic Cheese, Organic Butter, Organic Cream and Others), Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online and Others), Region (Asia Pacific, Europe, North America, Latin America, Middle East & Africa),by Company Analysis (Arla Foods, The Kroger Company, General Mills, Inc., China Shengmu Organic Milk Ltd., Saputo, Inc., Unilever plc, Nestlé, SunOpta Inc.)" provides complete analysis on Organic Dairy Products Market
Products - Market have been covered 6 Viewpoints
1. Organic Fluid Milk
2. Organic Yoghurt
3. Organic Cheese
4. Organic Butter
5. Organic Cream
6. Others
Distribution Channel - Market have been covered 4 Viewpoints
1. Hypermarkets/Supermarkets
2. Convenience Stores
3. Online
4. Others
Region - Market have been covered 5 Viewpoints
1. Asia Pacific
2. Europe
3. North America
4. Latin America
5. Middle East & Africa
All the key players have been covered 3 Viewpoints
1. Overviews
2. Recent Developments
3. Revenues
Company Analysis
1. Arla Foods
2. The Kroger Company
3. General Mills, Inc.
4. China Shengmu Organic Milk Ltd.
5. Saputo, Inc.
6. Unilever plc
7. Nestlé
8. SunOpta Inc
Table of Contents
Companies Mentioned
- Arla Foods
- The Kroger Company
- General Mills, Inc.
- China Shengmu Organic Milk Ltd.
- Saputo, Inc.
- Unilever plc
- Nestlé
- SunOpta Inc
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 125 |
| Published | March 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 23.8 Billion |
| Forecasted Market Value ( USD | $ 40.4 Billion |
| Compound Annual Growth Rate | 9.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
