Organic Valley Expands its Grassmilk Yogurt Line
Organic
Valley, is expanding its product line by adding new flavors in its Grassmilk
yogurt line.
United
States: Organic Valley
is the largest farmer-owned organic cooperative and one of the largest organic
consumer brands in US, which offers 100 percent organic products to its
customers. These products do not contain any synthetic hormones, antibiotics, GMOs
or toxic pesticides. The company has now expanded its product line by adding Grassmilk
Yogurt line and has added 2 new flavors i.e., strawberry and wild blueberry, in
its 6-ounce single serve cups, apart from the vanilla and original plain
varieties launched earlier.
The Grassmilk Yogurt cups are available
in food cooperatives, natural food stores and major grocery chains across the
country. The specialty of Organic Valley’s Grassmilk Yogurt is that it is made
from organic milk which is obtained from the cows that are 100 percent
grass-fed and have only fresh pasture, lush and dried forages in their diet.
TechSci
Research depicts that due to continuously increasing demand for organic
products in the country and across the globe, the demand for the milk and dairy
products is also increasing, which is pushing the dairies to expand their product
line. Moreover, the
investment by the company would help in expanding its base in the country and
capture a better market share in the dairy market in coming years.
According
to a recent report published by TechSci
Research, “Global
Organic Dairy Products Market By Product Type, By Region,
Competition Forecast and Opportunities, 2011 - 2021”, global market for organic dairy
products is expected to grow at a CAGR of over 11% during 2016-2021, on the
back of surging investments in organic dairy products market along with
increasing use of bio-fertilizers for cultivation of organic grass for feeding
the cattle. In addition, implementation of favorable government policies,
online availability of organic dairy products facilitating easy sale and supply
to consumers, is expected to augmented demand for organic dairy products,
worldwide. Demand for organic dairy products is predominantly concentrated in
Europe and North America as of 2015 and these regions are also anticipated to
continue dominating the market during the forecast period as well. In
2015, global dairy products market was dominated by organic drinking
milk segment.