Global Organic Dairy Market to Grow at a CAGR of 8.3% During 2024-2032, Aided by the Rising Demand for Organic Products

The global organic dairy industry is supported by the growing consumer demand for organic products and the thriving food and beverage industry. The organic fluid milk segment, among other product types, dominated the industry. The supermarkets/hypermarkets segment is the leading distribution channel, accounting for a significant share in the global market. Region-wise, Europe is the largest organic milk market. The growth of the market in the region can be attributed to the increased consumer awareness regarding the benefits of organic milk consumption and the rising disposable incomes in the region. General Mills, Inc. (NYSE: GIS) and Arla Foods Amba are some of the leading companies in the global organic dairy industry.

New product launches by the leading manufacturers are aiding the organic milk industry growth globally. In July 2017, General Mills introduced its line-up of new products around the world to fulfill the growing global demand for great taste and simplicity. The company launched products like “Oui” by Yoplait, a French-style yoghurt with simple ingredients like whole milk and real fruit; great tasting cereals like Apple Cinnamon Toast Crunch and Blueberry Chex; Annie’s organic cheese puffs, and others, thus, expanding its gluten-free and organic offerings and providing people with more choices than ever before. Moreover, the public and private investments are paving the way for the organic dairy industry, supported by the increased funding by the government. In September 2020, Arla Foods signed a new MoU with the Nigerian government to develop a sustainable dairy sector in Nigeria by becoming a commercial partner of 1,000 nomadic dairy farmers and collaborating with them to purchase, collect, process and bring the local milk to market. Thus, such developments are expected to aid the global organic dairy industry growth over the forecast period.

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Market Breakup by Product Type, Packaging Type, Distribution Channel, and Region:

• On the basis of product type, the industry is segmented into organic fluid milk, organic yoghurt, organic cheese, organic butter, and organic cream, among others. 
• By packaging, the industry is categorised into pouches, tetra-packs, bottles, cans, and others.
• On the basis of distribution channel, the industry has been segmented into supermarkets/ hypermarkets, discount stores, convenience and grocery stores, organic specialty stores, online/e-retailing, and direct sales, among others.
• Region-wise, the global market for organic dairy can be divided into North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The global organic dairy industry is being driven by the growing demand for organic products among consumers and the thriving food and beverage industry. 
• The growing global population and the rising consumer disposable incomes are providing further impetus to the industry. 
• Technological advancements in the manufacturing of low-fat dairy products are expected to provide a further boost to the industry. 
• Enhanced formulations and new product launches are aiding the growth of the organic dairy industry globally. 
• Various initiatives taken by the governments to aid the farmers and encourage organic farming are propelling the industry forward.

Key Offerings of the Report:

• The EMR report gives a detailed analysis of the global market for organic dairy for the periods (2018-2023) and (2024-2032). 
• The report offers historical (2018-2023) and forecast (2024-2032) market information for the product types, packaging types, distribution channels, and major regions of organic dairy.
• The report also gives the regional historical (2018-2023) and forecast (2024-2032) price trends of organic dairy. 
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global organic dairy market are Horizon Organic, Aurora Organic Dairy, General Mills Inc., Arla Foods Amba, and Organic Valley, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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