According
to a recent market research report published by Transparency Market
Research, the global organic dairy products market is estimated to
expand at a CAGR of 9.1% during the period between 2011 and 2017. The
report, titled “Organic Dairy Products Market - Global and South
Korea Market Forecasts, Size, Trends, And Industry Analysis 2011 -
2017”, projects the global
organic dairy products market to be propelled by growing
consumer preference towards quality-centered food items. The overall
market was worth US$9,357.4 mn in 2011.
The
report points out that increasing awareness of consumers regarding
the benefits of organic dairy products has played a pivotal role in
the growth of the global organic dairy products market. Promotion of
organic food products by government regulatory authorities, along
with positive impact of low interest rate on organic dairy food and
drinks industry has augmented the growth of the market. The
increasing demand for organic milk and availability of large variety
of organic dairy products are driving the organic dairy products
market across the globe.
However,
the report mentions that private labels and fake organic dairy
products labels are negatively impacting the growth of the overall
market. Pricing of organic dairy products is difficult when dealing
with wholesalers and retailers. Higher input cost involved in organic
milk production, along with ongoing research and development cost
will also restrain the growth of the organic dairy products market.
For
more information on this report, fill the form @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=327
The
report analyzes the demand and sale of organic dairy foods such as
yogurt, milk, cheese, ice-cream, and butter. In 2011, the collective
sale of these organic dairy food products was worth US$8,987.7 mn.
This was approximately 19% of the overall sales in 2011. The report
studies the growth of the organic dairy products market across four
key regions: North America, Europe, Asia Pacific, and Rest of the
World. In 2011, Europe and the U.S. contributed majorly towards the
growth of the market and together accounted for 93.1% share in the
global demand from the market. During the forecast horizon, Europe
and the U.S. organic dairy products markets are estimated to expand
at 7.9% and 8.2% respectively. This can be attributed to the
increased organic farming in these regions. In fact, to keep up with
the growing demand for organic dairy products, farmlands have doubled
their production in the last five years.
In
Asia Pacific, the demand for organic dairy products in South Korea
has been particularly high. This regional market is estimated to be
valued at US$418.6 mn by 2017. The global organic dairy products
market is also expanding across emerging economies such as India and
China owing to the availability of large organic farmlands in these
countries.
Describing
the competitive hierarchy, the report profiles some of the major
players operating in the global organic dairy products market such as
Kroger, Costco Safeway, YogiTea, Publix, Aspall, Ben & Jerry,
VerdeGrass, Purity Foods, BJ’s Wholesale Club, Organic Valley, Eden
Foods, and Whole Foods Market.
Global
Organic Dairy Products Market has been segmented as:
Global
Organic Dairy Products Market, by Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
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