Global organic dairy products market expected to surpass US $26 billion by 2019, says Technavio

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This market research report presents a detailed segmentation of the global organic dairy products market by product type (organic milk, organic yogurt, organic cheese) and by geography (APAC, Europe, North America, and ROW). Key findings also include an analysis of the leading vendors such as Aurora Organic Dairy, Ben and Jerry, Horizon Organic, Kroger, Organic Valley, Safeway, Stonyfield, and Whole Foods.

Technavio has released updated information on the dairy market, with the publication of its new market research report, global organic dairy products market. The global organic dairy products market is expected to grow at a CAGR of 12% between 2015 and 2019, owing to the growing health awareness amongst consumers. Europe dominates the global market for organic dairy products, occupying around 35% of the total market share. The continuous introduction of innovative organic dairy products such as flavored organic milk drinks and energy based milk drinks in the market has been driving the market growth in this region.

“The use of excessive pesticides, fertilizers, ionizing radiation and sewer-sludge has risen various health related issues among consumers. The non-organic milk is manufactured by using the BGH and rbST hormones, as they increase the milk production in cows. However, this increases the insulin level in humans post-consumption. Countries such as Japan, Canada, Australia and the EU have banned the consumption of such non-organic IGF-1 containing milk, as it increases the chances of breast cancer,” says Sriram Mohan, Lead Analyst, Consumer & Retail, Technavio Research.

Governments worldwide have introduced various certifications and national safety standards which have to be met by organic dairy farmers while exporting their products. These national health safety standards help the consumers to select the right organic dairy product brand. Also, several organisations like the Agricultural and Processed Food Products Export Development Authority (India) and United States Department of Agriculture (US) have come up with farmer-friendly schemes that not only provide farmers with financial aids and subsidies towards the adoption of such organic methods but also help them transition during the process.

The leading vendors in the global organic dairy products market are Aurora Organic Dairy, Ben and Jerry, Horizon Organic, Kroger, Organic Valley, Safeway, Stonyfield, and Whole Foods. The market is highly fragmented due to the presence of numerous small and big vendors. The competitive environment in this market is expected to intensify further during the forecast period owing to the influx of private providers.

A more detailed analysis is available in the Technavio report, Global Organic Dairy Products Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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