30 Jan “Organic Dairy Products Market to Grow at 11% till 2021: TechSci Research Report” via The Business Journals
NEW YORK, January 24, 2017 /PRNewswire/ —
Increasing health consciousness, expanding urban population base and growing consumer spending on organic products to drive global organic dairy products market through 2021
According to TechSci Research report, “Global Organic Dairy Products Market By Product Type, By Region, Competition Forecast and Opportunities, 2011 – 2021“, global market for organic dairy products is anticipated to grow at a CAGR of over 11% during 2016-2021, on account of expanding product portfolio, easy availability of organic dairy products, robust distribution network, rising internet penetration and aggressive marketing strategies adopted by major companies. In 2014, healthcare expenditure across the globe reached 9.94% of the total GDP, and this is driving consumers to opt for healthy organic products. Further, Organic Valley, Omsco, Whitewave, and Aurora Organic Dairy are few of the leading players operating in global organic dairy products market. On the back of rising disposable income levels and availability of well-developed infrastructure, Europe and North America are expected to emerge as the leading demand generators for organic dairy products during 2016-2021.