According to The Report Titled ‘Global Organic Dairy Food & Beverage Market 2019-2028’, available with Market Study Report, global organic dairy food & beverage market is anticipated to record a CAGR of 11.1% during 2019-2028.
 

Growing public awareness about maintaining good health, increasing environmental concerns, and technological advancements are propelling the growth of global organic dairy food & beverage market.
 

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Additionally, government led initiatives aimed at development & promotion of organic dairy farming, along with introduction of various innovative organic products and packaging designs are further boosting the industry expansion.
 

On the contrary, high product cost and short shelf life of organic dairy products are likely to impede the market progress. Also, high R & D investments, strict approval process, inconsistency in the supply of raw materials, and growing threat from substitute products are major challenges in this business space.
 

By type, the industry is bifurcated into organic milk, organic yogurt, organic cheese, and others, whereas, based on distribution channel, worldwide organic dairy food & beverage market is segmented into supermarkets/hypermarkets, e-commerce, health food stores, and others.
 

Moving on to geographical ambit, North America market share is projected to multiply during 2019-2028, creditable to strong demand for organic food and beverages in the region. Growing emphasis on food safety, environment protection, and animal welfare is also boosting the market development. Besides, increase in purchasing power of customers, evolving lifestyle, and favorable government initiatives to provide loan facilities with low interest rates to organic dairy farmers and product manufacturers will add momentum to the industry expansion in the region.
 

Major players operating in global organic dairy food & beverage market are Unilever plc, BJ’s Wholesale Club Holdings, Inc., Straus Family Creamery, Inc., Chobani LLC, Safeway (Albertsons Companies, Inc), Stonyfield Farm, Inc., Danone S.A., Royal FrieslandCampina N.V., General Mills, Inc., and Organic Valley CROPP Cooperative.