Organic Dairy Products Market to Grow at 11% till 2021
Increasing health
consciousness, expanding urban population base and growing consumer spending on
organic products to drive global organic dairy products market through 2021
According to
TechSci Research report, “Global
Organic Dairy Products Market By Product Type, By
Region, Competition Forecast and Opportunities, 2011 - 2021”, global market for organic dairy
products is anticipated to grow at a CAGR of over 11% during 2016-2021, on
account of expanding product portfolio, easy availability of organic dairy
products, robust distribution network, rising internet penetration and
aggressive marketing strategies adopted by major companies. In 2014, healthcare
expenditure across the globe reached 9.94% of the total GDP, and this is driving
consumers to opt for healthy organic products. Further, Organic Valley, Omsco,
Whitewave, and Aurora Organic Dairy are few of the leading players operating in
global organic dairy products market.
On the back of rising disposable income levels and availability of well-developed
infrastructure, Europe and North America are expected to emerge as the leading
demand generators for organic dairy products during 2016-2021.
Browse 81 market data
Tables and 77 Figures spread through 226 Pages and an in-depth TOC on "Global Organic
Dairy Products Market "
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Organic drinking milk, organic yogurt, organic
cheese, organic butter, organic milk powder and organic probiotics are the
major segments in global organic dairy products market, with organic drinking milk and organic
yogurt dominating the market, globally. However, on the back of attributes such
as increasing immunity, energy, mental strength, reduction in risk of cancer
and chronic fatigue and cure for irritable bowel syndrome intestinal
homeostasis, demand for organic probiotics is expected to witness the fastest
growth in global organic dairy products market, during the forecast period.
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“Rising
awareness about health benefits associated with organic dairy products, increasing average household annual spending on dairy
products, rapid urbanization, easy accessibility of these products through
retailers and online channels, changing
consumer preferences, continuous
developments in supply chain network and implementation of government initiatives
to encourage farmers to switch to organic farming is boosting sales of organic
dairy products across the globe. In addition, introduction of innovative organic
dairy products such as energy based milk drinks, flavored organic milk drinks
and variety of organic yogurt and other organic dairy products are expected to further
propel growth in global market for organic dairy products through 2021.”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Global Organic Dairy Products Market By Product Type, By Region,
Competition Forecast and Opportunities, 2011 - 2021” has evaluated the future growth potential of global
organic dairy products market and provides statistics and information on market
structure, size, share and future growth. The report intends to provide
cutting-edge market intelligence and help decision makers to take sound
investment evaluation. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
present in global organic dairy products market.
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