Global Organic Milk Powder Market Research, Opportunity & Future Analysis During 2014-2024
According to a
recent report published by Fast.MR, titled, Organic Milk Powder Market 2018: Market Size, Market Volume, Trends, Opportunity, Forecast
2014-2024, “the global organic milk powder market accounted for USD XX
Million in 2018 and is estimated to reach USD 2,982.09 Million by 2024.
Moreover, it is anticipated to flourish at a CAGR of 5.8% during the forecast
period i.e. 2019-2024.
The global organic milk powder market has been segmented based on the type, and
by distribution channel. Based on the type, this market has been segmented into
skimmed milk, whole milk and others. Whole organic milk powder segment is
anticipated to witness significant growth during the forecast period. Further,
factors such as launch of new products and growing awareness among buyers is
anticipated to positively impact the growth of the market.
Based on
distribution channel, the market is further sub-segmented into direct sales and
indirect sales segments. In this segment, global organic milk powder indirect
sales market captured significant share of overall market in 2018. Addition to
that, global organic milk powder market by application has been further
segmented into food, beverages, dietary supplements and cosmetic & personal
care.
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Rising Concerns
Regarding Health
Various consumers
across globe are preferring organic labelled products over non-organic
products. This can be attributed to increasing healthcare awareness among
consumers. Owing to high awareness rate and income, developed countries consume
more than 10 times of organic milk as compared to some developing countries.
Moreover, increasing standard of living of people in developing nations is
offering significant growth opportunity for global organic milk powder market.
Increasing
Number of Organic Certified Dairy Cows
Rise in the number
of organic certified diary cows is positively impacting the growth of global
organic milk powder market. In addition to this, continuous growth in number of
organic milk cows in various developed nations signals promising growth of
organic milk powder market.
Regional
Outlook:
In terms of
geography, the organic milk powder market is segregated into North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe
accounted for the major share of the global organic milk powder market.
Moreover, Asia Pacific organic milk powder market is expected to showcase
lucrative growth in the upcoming years. USA, China and Germany are largest
organic milk producing countries across the globe.
Competitive
Landscape:
The report also
covers detailed competitive analysis of major market players of the global
organic milk powder market, such as Nestlé SA, HiPP GmbH & Co. Vertrieb KG,
Arla Foods amba, OMSCo, SunOpta, Inc., Holle babyfood GmbH, Bellamy’s Organic,
Ingredia SA, Hoogwegt and other key & niche players. The organic milk
powder market is witnessing a wide range of industry activities such as product
launch, acquisition, mergers, and expansion across the globe.
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organization that aims to provide a deep market insight to our clients, which
helps them in better decision making in the dynamic environment. We have a team
of highly qualified personnel that studies the market in depth to provide our
clients with better strategies to stand out in the market.
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New York, USA 12207
+1 (514) 300-1215
Email: sales@fastmr.com
Website: www.fastmr.com
FAST.MR
150 State Street, Albany,
New York, USA 12207
+1 (514) 300-1215
Email: sales@fastmr.com
Website: www.fastmr.com
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