As per Future Market Insights’ analysis, the Organic Milk market is poised to witness a growth at a 3.5% CAGR during the projected period. Projections indicate that by 2032, the sector’s value could reach US$ 32.8 Billion, showing a substantial increase from its 2022 valuation of US$ 23.2 Billion. Notably, the Organic Milk Market was appraised at US$ 22.4 Billion at the close of 2021.
Organic milk is a dairy product obtained from animals fed with mainly organic feeds. These animals lack synthetic feed or treatment in their diets. Organic products are the driving force for the global food and beverage industry as consumers are switching preference from the consumption of artificial or synthetic food items.
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The global organic milk market is expected to rise significantly as the demand for natural and organic food products increases.
Milk provides the essential nutrients needed for the growth and development of consumers globally.
Growing popularity among consumers regarding the health benefits associated with the consumption of organic food has a positive impact on the global organic milk market’s growth.
Demand for organic milk is slated to quadruple during the forecast period as consumers’ disposable income in developed and developing nations is increasing.
Also, the burgeoning demand for convenience food items is expected to drive the growth of the market
Time-saving food products have substituted almost all food available worldwide due to the consumers’ changing lifestyle and inability to cook.
Consumers are more involved in hectic lifestyles, which drains their energy and makes them lazy.
Organic Milk Market Growth Drivers
Rising consumers’ preference for organic food items coupled growing population size of unhealthy consumers with diseases such as diabetes, high blood pressure, cardiovascular diseases, obesity and others, are the key factors fostering the growth of organic milk market globally.
Many entrepreneurs are venturing into the organic space with huge sum of money for product innovation, research development, and the likes to drive the industry forward during the forecast period.
The introduction of clean labels to the global market has further influenced the growth of the market as consumers’ confidence regarding the impact of what they consume is being rejuvenated.
Besides, the availability of raw materials needed for the production of organic milk is a significant force expected to fuel the growth of the global organic milk market.
Cattle that have been fed with organic nutrients devoid of antibiotics is the main source of organic milk.
With the report from the World Health Organization (WHO) regarding the adverse effect of the consumption of cattle fed with antibiotics has created the surge in demand for organic milk in the global market. In a few years, the market is anticipated to record a double-digit CAGR.
Organic Milk Market Restraint
The organic milk market is not without it’s challenges which are expected to pose a threat to the global market during the forecast period.
Major factors such as the presence of affordable alternatives is a strong force anticipated to restrain the growth of the market. Recent research showed that consumers value opportunity cost ahead of quality.
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Organic Milk Market: Region-wise Analysis
North America dominates the global organic milk market after accounting for the largest market share few years ago with the United States acting as the growth driver.
The rising awareness regarding the health benefits of natural products is the key factor fueling the growth of the industry in the United States.
Europe is another large market for organic milk due to the rising disposable income of consumers in the region.
The Asia Pacific is anticipated to be the fastest growing market during the forecast period. Rising population of consumers and consumers’ changing lifestyles are factors driving the industry’s growth in the region.
Organic Milk Market: Competitive Landscape
Leading companies in the organic milk market are adopting new business strategies like merging acquisition, partnership, and product innovation to help fuel the growth of the market.Companies operating in the global market include;
- Danone (WhiteWave Foods Company)
- Fonterra Co-operative Group Limited
- Organic Valley
- OMSCo (Organic Milk Suppliers Cooperative)
- Dairy Farmers of America Inc.
- Agropur Dairy Cooperative
- Arla Foods Amba
- Donegal Investment Group plc.
Region-wise Analysis
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Report Highlights
The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Organic Milk Market Segment Analysis
The global organic milk market can be segmented on the following basis:
By Type
- Skimmed Milk
- Partly Skimmed Milk
- Whole Milk
By Pasteurization
- Vat Pasteurization
- Ultra-Pasteurization
- High Temperature Short Time (HTST) Method
By Source
- Buffalo
- Cow
- Others
By Flavor
- Non Flavor
- Flavored (Chocolate, Strawberry,Vanilla, others)
By Packaging
- Pounches
- Cans
- Bottles
- Tetra Packs
- Bulk Packs
By Distribution Channel
- Specialty Store
- HORECA
- Modern Trade
- Retailer
- Convenience Store
- Others
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