Global Organic Milk Market is Expected to Reach US$ 5683 Mn by 2025 - QY Research

LOS ANGELES, BEIJING, LONDON and PUNE, India, August 30, 2018 /PRNewswire/ --

QY Research in its new report on global organic milk market has thrown light upon the various strategies and visions of the key players in the global organic milk market. This market has been witnessing slow but steady growth in past few years. The global market for organic milk was valued at US$ 4031 Mn in the year 2017 and is likely to reach US$ 5683 Mn by 2023 end, expanding at a CAGR of 4.64% throughout the forecasted period.  

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There is a rising trend of growth in the average price of organic milk across the world. This trend is expected to continue in the years to come due to the constant rise in the price index. The organic milk sales in the year 2017 were 3482 million liter in 2017 from 3079 million liters in 2013 all around the world.

Global Organic Milk Market- Drivers and Restraints 

Just like the organic food the demand and popularity of organic milk is also rising since last few years. This popularity is attributed to the consumer's inclination towards organically and naturally grown food products. Another factor which is driving the global market for organic milk is the perception of a people about organic food products. People generally think that anything which is organic is healthy and pure. This particular mindset is creating a positive impact on the global organic milk market. People these days have become conscious about environmental issues which are driving the growth of the global market for organic milk.

However, the market is also facing a challenge from many parts of the world. The higher price of organic milk is a major concern which is hampering the growth of the global organic milk market. The milk of those animals which have given antibiotics are not allowed to be sold as organic milk and this particular factor is limiting the development of global organic milk market.  

Global Organic Milk Market- By Product 

Based on product, global organic milk market is segmented into organic whole milk, organic 2% milk, organic 1% milk, organic fat-free milk, and Others. Organic milk is a small part of the milk market across the world. Organic whole milk and organic milk are the two most preferred types in the global organic milk market, capturing 39% and 31% revenue share respectively.

Global Organic Milk Market- By End User 

Based on end-user, global organic milk market is segmented into children, adult, and the aged.

Global Organic Milk Market- Regional Analysis  

North America, Europe, Asia Pacific, MEA and South America are the five regions that are included in this report. The US is the largest organic milk consuming country in the world and is expected to retain its position in the years to come.  The US is likely to grab about 40% revenue share followed by Europe (36%), and China (11%).

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Global Organic Milk Market- Leading Players 

Wholly Cow, Arla Food, Mengniu, Horizon Organic, Yili, Organic Valley, Shengmu Organic Milk, Emmi, Bruton Dairy, Yeo Valley, Avalon Dairy, Aurora Organic Dairy, Organic Dairy Farmers and Andechser Dairy are some of the leading players in the global organic milk market.

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