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Organic Dairy Food and Drinks Market Expected to Reach $38,765.0 Million by 2026

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Organic Dairy Food and Drinks Market Expected to Reach $38,765.0 Million by 2026

September 14
14:39 2019
Organic Dairy Food and Drinks Market Expected to Reach $38,765.0 Million by 2026

Organic Dairy Food And Drinks Market
People have become very health conscious today as prevalence of chronic diseases has increased over the years. This has encouraged people to look for food options to stay healthier and as a result of which consumption of organic products has experienced growth.

According to a new report published by Allied Market Research, titled,”Organic Dairy Food and Drinks Market by Type: Global Opportunity Analysis and Industry Forecast, 2019 – 2026,”the global organic dairy food and drinks market size was valued at $17,849.0 million in 2018 and is projected to reach $38,765.0 million by 2025, to register a CAGR of 10.2% during the forecast period. Organic milk is the most prominent category in the type segment in the global organic dairy food and drinks market and is projected to grow at a steady CAGR of 10.0% through 2019-2026. Organic dairy food and drinks are manufactured by using organic milk as a raw material collected from livestock with the help of organic farming methods. It mainly includes perishable products such as milk, yoghurt, cheese, butter, and ice cream, which are used on a daily basis by consumers. Factors such as unique nutrient package and benefits provided by dairy food and drinks, make them an important part of a consumer’s life. The global market of organic dairy food and drinks is driven by the continuous introduction of innovative organic dairy products such as energy-based milk drinks and flavored organic milk drinks.

The demand for organic dairy food and drinks has been steadily increasing. Growth in health awareness among consumers is one of the key driving factors for this market. In addition, food safety, environmental protection, animal welfare, and increase in use of natural and organic products are other major factors contributing to the growth of this market. Moreover, rise in purchasing power of consumers, improved standard of living, and initiatives taken by government associations such as low interest rates and loan facilities, are also driving the growth of this market in developing countries. However, high price of organic dairy products, private labels faking organic dairy products labels, lack of promotion, and increase in R&D cost hamper the organic dairy food and drinks market growth.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/1812

According to the organic dairy food and drinks market forecast in 2018 the organic milk was the highest revenue-generating segment and accounted for $8,132.9 million in the organic dairy food and drinks market share in 2018. However, the organic yogurt segment is expected to witness the fastest growth during the forecast period at a CAGR of 11.0% from 2019 to 2026 and attain a market size of $6,107.0 million by 2026.

Based on region, the organic dairy food and drinks industry is segmented into North America, Europe, Asia-Pacific, and LAMEA. In 2018, North America generated the highest revenue valued at $8,148.1 million in organic dairy food and drinks market share in 2018. This region is further expected to attain a market value of $17,773.8 million by 2026, growing at a CAGR of 10.3%. North America is expected to maintain its dominant position throughout the forecast period. LAMEA and Asia-Pacific are the emerging regions in the organic dairy food and drinks market and are expected to garner a cumulative share of 19.9% in 2026 growing at a CAGR of 10.0% and 8.6% respectively from 2019 to 2026.

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The key players profiled in the report include BJ’s Wholesale Club Inc, Chobani, LLC, Danone (horizon organic), General Mills, Inc., Organic Valley Cropp Cooperative, Royal FrieslandCampina N.V., Safeway Inc., Stonyfield Farm, Inc., Straus Family Creamery, and Unilever Group

Key findings of the Organic Dairy Food and Drinks Market:

  • Based on type, the organic milk segment in the organic dairy food and drinks market was valued at $8,132.9 million in 2018 and is expected to grow at the highest CAGR of 10% from 2019 to 2026.
  • Based on type, the organic yogurt segment was contributed $2,661.3 in 2018 and is estimated to grow at a CAGR of 11% from 2018 to 2025.
  • Based on type, the organic cheese segment in the organic dairy food and drinks market is expected to grow at a CAGR of 10.6 % to reach $7,591.9 million in 2026.
  • Based on type, other organic dairy food and drinks accounted for 20.5% of the organic dairy food and drinks market share in 2018 and is estimated to grow at a CAGR of 9.7% from 2019-2026.
  • In terms of value, North America and Europe contributed a significant high market share in 2018.

Similar Reports:

Natural Food & Drinks Market – Global Opportunity Analysis and Industry Forecast, 2017-2023

Nutraceuticals Market – Global Opportunity Analysis and Industry Forecast, 2014-2022

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Country: United States
Website: https://www.alliedmarketresearch.com/organic-dairy-food-and-drinks-market

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