The global organic dairy market size was valued at US$ 24.05 billion in 2021 and it is expected to surpass around US$ 53.6 billion by 2030, growing at a CAGR of 10.1% from 2022 to 2030.
The organic dairy products are those obtained from livestock reared using organic farming techniques. The omega 3 fatty acids, antioxidants, and vitamins are abundant in these goods, which are free of preservatives. Furthermore, these goods provide several health benefits, including increased metabolism, improved immunity, reduced risk of cancer disorders, and reduced muscular discomfort. One of the significant factors driving the growth of global organic dairy market is the rising prevalence of chronic disorders. The other factors contributing towards the growth of worldwide organic dairy market are change in consumer lifestyle as well as growing trend of consuming healthy and nutritious food items.
Another factor boosting the growth of global organic dairy market is technological developments and adoption of innovative and latest technologies. In addition, the rising trend of consuming low-fat products and low sugar content is also propelling the expansion and development of global organic dairy market. One of the key driving reasons for organic dairy market is increased consumer awareness of health issues. In emerging nations, growing consumer spending power, expanding government programs, and rising living standards are all fueling the expansion of global organic dairy market. On the other hand, high organic dairy product pricing, private labels that imitate organic dairy product labels, increased research and development expenditures, and a lack of promotion all impede the global organic dairy market expansion over the forecast period.
In addition, many governments are promoting organic farming among conventional farmers by initiating awareness campaigns and giving technical and financial assistance. As there are so many regional and worldwide producers competing on quality and price, the global organic dairy market is highly fragmented. The global organic dairy market is competitive, making it difficult for local players to thrive. The key market players are also collaborating with government for development of global organic dairy market.
Report Scope of the Telecom Cloud Market
|Market Size by 2030||USD 105.7 Billion|
|Growth Rate from 2022 to 2030||
CAGR of 14.45%
|Fastest Growing Market||North America|
|Forecast Period||2022 to 2030|
|Segments Covered||Deployment Mode, Type, Computing Service, Organization Size, Application, End User, Geography|
|Companies Mentioned||AT&T Inc., Telus Corporation, China Telecommunications Corporation, T-Mobile International AG, Fusion Telecommunications International, Inc., Verizon Communications, Inc., CenturyLink, Inc., NTT Communications Corporation, Telstra Corporation Limited, BT Group PLC|
Product Type Insights
The milk segment dominated the organic dairy market in 2021. The organic milk comes from animals that have been fed primarily organic feed. The diets of these animals are devoid of synthetic feed and treatment. As demand for organic and natural foods grows, organic milk prices are projected to rise dramatically. Milk offers customers around the world with the vital nutrients they require for development and expansion. Additionally, increased product introductions and changing customer eating patterns are likely to boost product usage.
The yoghurt segment is fastest growing segment over the forecast period 2022 to 2030. The growing awareness of yoghurt’s health advantages around the world is driving the organic yoghurt business forward. People are looking for organic versions of a variety of foods to avoid the risk of pesticides. The regular yoghurt is made from milk from calves that have been fed a regular diet. Another important element driving the organic yoghurt industry is rising yoghurt consumption for intestinal health. Yoghurt is frequently consumed by health-conscious customers. Yoghurt contains probiotics, which aid in the maintenance of healthy gut bacteria. The organic yoghurt is increasingly being chosen by health-conscious consumers to avoid the danger of damage to the gut associated with ordinary yoghurt. This benefits the organic yoghurt industry.
Packaging Type Insights
The tetra packs segment dominated the organic dairy market in 2021. The tetra pack are aseptic cartons used for liquid food items that must be stored without refrigeration for up to one year. Aseptic means free of pathogenic microorganisms, hence this packaging method protects the food and its packaging from dangerous substances. Vitamins K, B2, A, and C are all photosensitive and would be harmed if exposed to light, hence this style of packaging entirely screens out light.
The bottles segment is expected to witness strong growth over the forecast period. The bottles used for packaging are glass and plastic. A plastic bottle is one that is made of either low density or high-density plastic. The bottles range in size from little bottles to big carboys. Glass packaging has numerous advantages such as it is environmentally friendly, reusable, 100% recyclable, and easy to store drinks and beverages.
Distribution Channel Insights
The specialty stores segment dominated the organic dairy market in 2021. A specialty store is a retail establishment that specializes in distinct and specialized merchandise. These shops specialize in offering a specific brand or type of product. Retailers who specialize in a single product category might provide in depth training to their employees so that they have a thorough understanding of the product. The consumers who need help choosing the proper product can rely on these employees for dependable information.
The online/e-retailing segment is projected to witness remarkable growth from 2022 to 2030. The consumers can buy services or goods directly from seller over the internet using a web browser or smartphone application. The consumers can find a product they want by going straight to the retailer’s website or by using a shopping search engine to look for it among other sellers. The customers will be able to shop online using a variety of laptops, computers, tablets, and smartphones by 2020.
Asia-Pacific dominated the organic dairy market in 2021. The growth of organic dairy market in Asia-Pacific region is attributed to the rising disposable income. The Asia-Pacific organic dairy market is also being driven by growing population as well as shift in consumer trends and patterns. In addition, the growing preference for organic and natural food products is supporting the expansion of global organic dairy market.
Europe, on the other hand, is expected to develop at the fastest rate during the forecast period. The UK dominates the organic dairy market in Europe region. The factors such as changing consumer lifestyle, the surge in demand for food and beverage made with natural and organic ingredients, and rising health consciousness among consumers. Furthermore, existence of major market players is also contributing towards the growth of global organic dairy market.
Some of the prominent players in the global organic dairy market include:
Segments Covered in the Report
By Packaging Type
By Distribution Channel
No cookie-cutter, only authentic analysis – take the 1st step to become an Precedence Research client