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 grow with a CAGR of 11.1% during 2019 and 2028.
 

Lucrative growth trends of global organic dairy food & beverage market is credited to rising health awareness among consumers, environmental concerns, and technological advancements. Also, government initiatives for organic dairy farming and devising ingenious ways for product manufacturing & packaging is further catalyzing the industry growth.
 

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On the downside, higher cost of organic products, huge research & development investments, rigorous approval procedures, and unsteady raw material supply are acting as major challenges in the business sphere.
 

As per type, organic dairy food & beverage industry is categorized into organic milk, organic yogurt, organc cheese, and others. In terms of distribution channels, the market is classified as e-commerce, health food stores, and supermarkets/hypermarkets.
 

Geographically, worldwide organic dairy food & beverage marketplace is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
 

Reportedly, North America is touted to generate significant revenues for the market during the study period. Rising health awareness among consumers is the key responsible factor. Moreover, food safety, environmental protection, popularity of organic & natural products, and animal welfare are acting in favor of market growth. The gradual increase in standard of living, rise in purchasing power, and government assistance in providing loans on lower interest rates are also contributing to North America industry dynamics.
 

Speaking of competitive landscape, Stonyfield Farm, Danone S.A., General Mills Inc., Royal FrieslandCampina N.V., Organic Valley, Chobani, BJ's Wholesale Club Holdings Inc., Straus Family Creamery, Unilever plc, and Albertsons Companies Inc. are operating in global organic dairy food & drink market.