Global organic milk industry will reach US$319.36 million by 2033

Published 2023년 10월 20일

Tridge summary

The global organic milk market is estimated to reach a value of $319.36 million by 2033, with a compound annual growth rate (CAGR) of 6.5%. This growth can be attributed to increasing consumer demand for healthier and organic food products, as well as concerns about environmental impact. However, challenges such as higher production costs and competition from conventional and plant-based milk alternatives may limit the market's growth and market share.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

To continue reading the article, log in with your account or register with MilkPoint. Get access to exclusive content! The global organic milk market was estimated by Fact.MR to be worth US$159.75 million in 2022, with a compound annual growth rate (CAGR) of 5% in demand from 2018 to 2022. Based on the latest estimates, expect The market is expected to grow at a CAGR of 6.5% and reach a value of US$319.36 million by the end of 2033. The increase in sales of organic milk can be attributed to the growing global demand for a diverse range of organic food products. This market is expected to prosper due to the increasing incidence of health problems such as diabetes, obesity, heart-related conditions, hypertension, and other health concerns. Consumers perceive dairy products from cows fed organic or natural diets as superior in quality. This realization has led to a notable increase in demand for milk that aligns with a healthy, organic lifestyle. These organic milk varieties are rich ...

Source: Milkpoint