Triton’s research on the Europe organic dairy food & beverage market depicts that it will grow at a stable pace with a CAGR of 11.43% in terms of revenue during the forecast period 2019-2028.
The countries scrutinized in this market include:
• Germany
• The United Kingdom
• Spain
• Italy
• France
• Russia
• Rest of Europe
Consumers in Germany are quite indulgent when it comes to food. And hence, largely consume yogurts and ice-creams. But with the growing prevalence of obesity and the rising health concerns, they have been on the lookout for healthier alternatives they can indulge in. Organic yogurts and organic ice-creams are thus considered favorable, owing to the absence of chemicals in them. People are inclined towards consuming organic products, produced ethically.
Moreover, the German organic cheese market is on the rise. There is also a growing demand for locally sourced ingredients from local farmers, such as milk. In fact, the primary factor driving Germany’s organic dairy product market is the huge demand for organic milk. The market for organic dairy food & beverage is thus expected to prosper in the country, over the coming years.
Organic milk is the largest organic F&B segment in the United Kingdom. This is followed by organic yogurt and then, organic cheese. The organic milk segment was dominated by private labels. In 2016, it was the most largely purchased organic dairy product. Whereas, organic yogurt was the second-largest segment. This product is largely consumed because of its low-fat content and indulgence factor.
Furthermore, other organic dairy segments, like organic butter, organic cheese, and organic cream, are are in high demand owing to their availability in wide varieties. Also, brands operating in the organic foods segment have a notable presence in the UK. All these factors are expected to act in favor of the country’s organic dairy food & beverage market.
Stonyfield Farm Inc manufactures and sells organic yogurt and other dairy products. It offers numerous organic dairy products, which includes organic yogurts, organic smoothies, organic snacks, organic frozen yogurts, organic milk, and organic cream. The company has a notable presence in Europe.
The top key players in the organic dairy food & beverage market are Unilever, Danone SA (Horizon Organic), FrieslandCampina, Organic Valley, General Mills Inc, Straus Family Creamery, Safeway (Albertsons Companies Inc), Chobani LLC, BJs Wholesale Club Inc, and Stonyfield Farm Inc.