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Date Submitted: 01/20/2016 11:22 PM
Researchmoz added Most up-to-date research on "Global Organic Dairy Products Market 2015-2019" to its huge collection of research reports.
Market outlook of the organic dairy products market
Technavios market research analyst projects the organic dairy products market to grow at a CAGR of around 12% during the forecast period. The growing health awareness amongst consumers is driving the growth of this market. The excessive use of pesticides, fertilizers, ionizing radiation, and sewer-sludge has given rise to numerous health related issues. For instance, hormones such as BGH and rbST are used for increasing milk production in cows for the manufacture of non-organic milk. However, the use of these hormones results in the growth of IGF-1, which gets absorbed into the bloodstream of humans during consumption, increasing the occurrences of breast cancer.
The high pricing of organic dairy products is expected to deter the growth of the market during the forecast period. Organic dairy farming requires the use of products that are inherently organic and natural in nature substantiated by manual labor. For instance, during 2015, the price difference between organic and conventional milk has been nearly USD 3 in the US.
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Competitive landscape and key vendors
The global organic dairy products market is highly fragmented due to the presence of numerous small and big vendors. The competitive environment in this market is expected to intensify further during the forecast period owing to the influx of private providers.
The key vendors in the market are
Aurora Organic Dairy
Ben and Jerry
Horizon Organic
Kroger
Organic Valley
Safeway
Stonyfield
Whole Foods
Other vendors in the market include Arla, Castle Rock Organic Farms, Danone, Harmony Organic, Lactalis, Nestl, Schulz Organic Dairy, Straus Family Creamery, and Yeo Valley.
Product segmentation and...