U.S (New York)– The “Organic Dairy Food and Drinks Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global Bahrain Alcoholic Beverages Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
Global dairy food and drinks market is expected to grow at a CAGR of 14.25% from 2016 to reach $36,729 million by 2022 from $14,517 million in 2015. 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, yogurt, cheese, butter, and ice-cream, which are used on the daily basis by the consumers. The unique nutrient package and benefits provided by the dairy food and drinks make them an important part of consumer’s life. Continuous introduction of innovative organic dairy products drives the market such as energy-based milk drinks and flavored organic milk drinks.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The demand for organic dairy food and drinks is steadily increasing day by day. Growth 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 other major factors contributing to the market growth. Moreover, increase in purchasing power of consumers, improvement in the standard of living, and initiatives taken by the government associations such as low interest rate, loan facilities also drive the market growth in developing countries. However, high price of the organic dairy products, private labels faking organic dairy products labels, lack of promotion, and increase in R&D cost hampers the market growth.
Furthermore, hormones such as bovine growth hormone (BGH) and recombinant bovine somatotropin (rbST) are used to increase milk production in cows to produce nonorganic milk. However, excessive use of these hormones leads to the growth of IGF-1 (insulin-like growth factor) which results into the occurrence of the breast cancer. This is because the consumers are attracting toward the organic dairy products. Rise in demand for organic milk and availability of large variety of organic dairy products along with the development of new and innovative products in this segment provides huge opportunities to the market.
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The organic dairy food and drinks market is segmented based on product type, namely, organic milk, yogurt, cheese, and others. Geographically, the global organic dairy food and drinks market is segmented as North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS:
This report gives a detailed analysis about dynamic changes undergoing in the global organic dairy food and drinks market from various perspectives.
This report provides deep insights about the various opportunities present in the market.
Report details about the positioning of the market in different geographical segments.
This report entails the detailed quantitative analysis of current market and estimations during 2014-2022, that assist in identifying the prevailing market opportunities to capitalize on the market.
Comprehensive analysis on factors that drive and restrain growth of the market are included.
Competitive intelligence of leading manufacturers and distributors of organic dairy food and drinks mentioned in report helps in understanding the competitive scenario across the geographies.
Major players profiled in this study are:
The Kroger Company
Safeway, Inc.
Ben & Jerry’s Homemade Holdings, Inc.
Organic Valley
BJ’s Wholesale Club
Purity Foods Inc.
Eden Foods Inc.
Whole Foods Market Inc.
Publix Super Markets Inc.
YogiTea
Aspall
VerdeGrass
Aurora Organic Dairy
Horizon Organic
StoneyField
AltaDena
Alto Dairy Cooperative
Brewster Dairy
Carvel
Danone
DCI Cheese Company.
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KEY MARKET SEGMENTS:
By Product Type
Organic Milk
Yogurt
Cheese
Others
By Geography
North America
Europe
Asia-Pacific
LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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