The "Organic Dairy Food and Drinks Market Report," by Allied Market Research (alliedmarketresearch.com), forecast that the global market, valued at $14,517 million in 2015, is expected to grow at a CAGR of 14.25% from 2016 to 2022 to reach $36,729 million by 2022.
Rise in awareness of health concerns, emergence of environment protection, technological advancements, and government initiatives in organic farming are the major factors that drive the market. Organic dairy products are blended with natural antioxidants which surge its market demand. Nutritional benefits, better taste and freshness are the factors which boost the organic market as an alternative to chemically blended nonorganic products. Moreover, production of organic dairy products naturally increases the emission of the methane gas, which can lessen the effects of the global warming by decreasing emission of nitrous oxide and carbon dioxide. Recently, innovative products such as flavored milk, organic spoonable yogurt with granola, yogurt, sour creams, buttermilk, cottage cheese and fruit toppings are added, which help to boost market growth. Government has promoted organic farmers by assisting with low interest rate, loan facilities and financial incentives to transition to organic methods.