According to Stratistics MRC, the Global Organic Dairy Food and Drinks Market is accounted for $16,199.80 million in 2017 and is expected to reach $34,894.90 million by 2026 growing at a CAGR of 8.9% during the forecast period. Increasing introduction of innovative products such as protein-based milk drinks, flavored drinks and high initiatives taken by government associations such as low-interest rates and loan facilities are some of the factors fuelling the market growth. However, the high cost of organic dairy products and private mark faking organic product names are restraining the market growth.
Organic dairy food and drinks are produced by using natural milk as a raw material gathered from livestock with the help of organic farming methods. It mainly includes short-lived products such as yogurt, milk, cheese, ice cream, and butter, which are used on a daily basis by people.
Based on the type, organic milk segment is going to have a lucrative growth during the forecast period because the organic products are processed by using organic milk as a raw material with the help of domestic process. By Geography, Asia Pacific is likely to have a huge demand due to the increment in consumer disposable income and increasing awareness about the health benefits of organic dairy food and drinks.
Some of the key players profiled in the Organic Dairy Food and Drinks market include YogiTea, Aspall, VerdeGrass, Unilever Group, Straus Family Creamery, Stonyfield Farm, Inc., Safeway Inc., Royal FrieslandCampina N.V., Organic Valley Cropp Cooperative, General Mills, Inc., DCI Cheese Company, Danone SA (Horizon Organic) , Chobani, LLC, BJ’s Wholesale Club Inc., Aurora Organic Dairy and AltaDena.
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