DUBLIN--(BUSINESS WIRE)--The "Organic Dairy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global organic dairy market size reached US$ 23.9 Billion in 2022. Looking forward, the market to reach US$ 36.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.
The governments of numerous countries are encouraging organic farming practices among conventional farmers by launching educational campaigns and providing technical as well as monetary assistance. For instance, the Government of India is offering incentives for the cultivation of natural food products under the National Horticulture Mission.
Europe enjoys the leading position in the market on account of the rising demand for organic food products in the region. In order to balance the current supply and emerging demand for these products, a large part of Europe's agricultural land is being managed for organic farming.
The EU has adopted new rules for organic production and labeling to guarantee fair competition for farmers and operators. Apart from this, improving distribution and supply chain of organic dairy products in confluence with the burgeoning online food retail sector is increasing the accessibility to these products around the world.
Further, technological advancements for developing innovative products with low fat and reduced levels of sodium and sugar are anticipated to drive their demand in the upcoming years.
Competitive Landscape:
The market is fragmented in nature owing to the presence of a large number of global as well as regional manufacturers who are competing against one another in terms of prices and quality.
There is a tough competition in the market which makes it difficult for the local players to survive.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 142 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $23.9 Billion |
| Forecasted Market Value (USD) by 2028 | $36 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Key Questions Answered in This Report:
- What was the size of the global organic dairy market in 2022?
- What is the expected growth rate of the global organic dairy market during 2023-2028?
- What are the key factors driving the global organic dairy market?
- What has been the impact of COVID-19 on the global organic dairy market?
- What is the breakup of the global organic dairy market based on the product type?
- What is the breakup of the global organic dairy market based on the packaging type?
- What is the breakup of the global organic dairy market based on the distribution channel?
- What are the key regions in the global organic dairy market?
- Who are the key players/companies in the global organic dairy market?
Leading market players include:
- Arla Foods A.M.B.A
- Aurora Organic Dairy
- Organic Valley
- Horizon Organic
- Whole Foods Market
- Kroger
Key Market Segmentation:
Breakup by Product Type: Organic fluid milk currently accounts for the majority of the total global market.
- Fluid Milk
- Yogurt
- Cheese
- Butter
- Cream
- Others
Breakup by Packaging Type: Pouches are widely used for packaging dairy products as they are light weight, easy to store and transport.
- Pouches
- Tetra-packs
- Bottles
- Cans
- Others
Breakup by Distribution Channel: Supermarkets represent the largest segment as they attract more buyers and are generally located in the central parts of cities. They have also gained popularity due to the availability of more shelf-space and a large number of products to choose from.
- Supermarkets
- Hypermarkets
- Discount Stores
- Convenience and Grocery Stores
- Organic Specialty Stores
- Online/E-Retailing
- Direct Sales
- Others
For more information about this report visit https://www.researchandmarkets.com/r/72lgq3
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