Volume-wise,
liquid milk continues to be the most consumed dairy product
throughout the emerging regions. Why? Increasing consumer awareness
about the health benefits of milk and dairy products is driving this
demand. The demand for organic milk and dairy products is
significantly high in South Korea. Primary factors encouraging the
purchase of organic dairy products are increasing health awareness
and rising demand for toxin-free food products. Strangely, taste is
the last factor consumers considered, when buying organic dairy
products. Freshness of organic dairy products is also one of the
important factors that attracts consumers towards these products.
The
global
organic dairy products market is currently dominated by Europe
and North America and it will continue to be so in the foreseeable
future. However, the global organic dairy products market has
witnessed elevated demand for organic dairy products in the past
decade, which is fueling the growth of the overall market. The report
on the global organic dairy products market is broadly segmented on
the basis of geography and products.
The
research study on the global organic dairy products market presents a
comprehensive analysis of this industry. It delivers keen insights
into the regional dynamics of the global organic dairy products
market. Furthermore, the report provides valuable statistics and
forecasts of these regional organic dairy products markets that will
help readers understand the consumer trends shaping these market.
Overview
of the Global Organic Dairy Products Market
The
global organic dairy products market is highly influenced by the
consumer’s preference towards quality-centered food items rather
than price-centered ones. Additionally, the rising awareness
worldwide about the health benefits of consuming organic dairy
products is also fueling this market. The growing demand of organic
milk coupled with its availability will further drive the global
organic dairy products market.
Interpret
a Competitive outlook Analysis Report with free PDF
Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=327
The
global organic dairy products market will expand at a 9.1% CAGR
during the forecast period from 2011 to 2017. In 2011, the global
organic dairy products market was valued at US$9,357.4 million.
Organic dairy foods such as milk, yogurt, cheese, ice-cream, and
butter collectively accounted for the sale of US$8,987.7 million in
2011, which is approximately 19% of the global organic dairy products
market.
Geography-wise,
Europe and the U.S. together contributed to a massive 93.1% of the
global demand in 2011. Furthermore, the U.S. and Europe are expected
to show a growth of 8.2% and 7.9% respectively, during the forecast
period. On the other hand, the South Korea organic dairy products
market is expected to show a high growth rate during the forecast
period and reach an estimated value of US$418.6 million by 2017.
The
global organic dairy products market will continue to demonstrate
strong growth in the coming few years. However, factors such as the
high pricing of these products, lack of promotion, private labels
faking organic dairy products labels, and the increasing R&D cost
will suppress the global organic dairy products market.
Companies
mentioned in the report are
Some
of the key companies operating in the global organic dairy products
market are Kroger, YogiTea, Costco Safeway, Publix, Ben & Jerry,
Aspall, VerdeGrass, BJ’s Wholesale Club, Purity Foods, Eden Foods,
Organic Valley, and Whole Foods Market.
No comments:
Post a Comment