Organic Dairy Food and Drinks Market by Type (Organic Milk, Organic Yogurt, Organic Cheese, and Other Organic Dairy Food and Drinks): Global Opportunity Analysis and Industry Forecast, 2019-2026

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Organic Dairy Food And Drinks Market Outlook - 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 2026, to register a CAGR of 10.2% during the forecast period. Based on type, the organic milk segment is the most prominent category 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. Organic dairy products have 50% higher levels of beneficial omega-3 fatty acids than conventionally produced dairy as well as 40% more of the heart-healthy conjugated linoleic acid (CLA) than their regular dairy products. Moreover, organic milk is rich in minerals and antioxidants, such as iron, vitamin E, selenium, and carotenoids. Given all the beneficial properties and high consumption of dairy worldwide, organic dairy food and drinks are in high demand, especially in the health and fitness community.

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The unique nutrient package and benefits provided by the dairy food and drinks make them an important part of a consumer’s life. The market is driven by the continuous introduction of innovative organic dairy products such as energy-based milk drinks and flavored organic drinks. The organic dairy food and drinks market demand is experiencing steady increase in daily life. Rise 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 the other major factors contributing to the growth of this market. Increase in purchasing power of consumers, improved standard of living, and rise in 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 growth of this market. Rise in demand for organic milk and availability of a variety of organic dairy products along with the development of new and innovative products in this segment provide huge opportunities for organic dairy food and drinks market growth.

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The organic dairy food and drinks market is segmented on the basis of type and region. Based on type, the market is categorized into organic milk, yogurt, cheese, and others. Based on region, the organic dairy food and drinks market is studied across North America, Europe, Asia-Pacific, and LAMEA.

According to the organic dairy food and drinks market forecast in 2018, the organic milk segment generated the highest revenue in the organic dairy food and drinks market share, accounting for $8,132.9 million in 2018. However, the organic yogurt segment in the organic dairy food and drinks market 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 market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America contributed the highest in the organic dairy food and drinks market share valued at $8,148.1 million 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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