Organic Milk Powder Market
Global Market Study on Organic Milk Powder: Rapidly Rising Demand for Organic Infant Formula Surging Market Growth
Organic Milk Powder Market Segmented By Whole Milk, Skimmed Milk, Whey Powder Type in Food Processing industry, Nutraceutical Industry, Foodservices Industry, Retail/Household
Milk powder is widely used in different food and beverage applications, owing to its functional properties of taste enhancement and texture smoothening. As consumers are increasingly looking for organic labels on food products, manufacturers are also utilizing organic milk powder in food products.
Organic milk powder is one of the vital ingredients in bakery, confectionery, and dairy products. Moreover, organic milk powder is also utilized in manufacturing nutritional supplements and processed food products.
- For instance, French company FITSA Group offers different organic milk powders to food and beverage manufacturesr and food service providers.
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- Nestlé SA
- Fonterra Co-operative Group
- Organic Valley
- SunOpta, Inc.
- Arla Foods amba
- HiPP GmbH & Co. Vertrieb KG
- Aurora Foods Dairy Corp.
- Ingredia SA
- Sodiaal Union SCA
- NOW Foods
- Bayerische Milchindustrie eG
- Organic West Milk, Inc.
- Sommerbjerg Organic Farm
- FITSA Group
- GMP Dairy Limited
- Organic Denmark
- Castle Dairy
Organic Milk Powder Market Trends
Sustainable & Nutritional Diets Becoming Consumer Favorites: Nutritional and sustainable diets are new trends that consumers are progressively adopting. Growing consumer awareness regarding the importance of healthy lifestyles has led them to opt for more nutritional food products.
Along with that, consumers are prioritizing sustainable diets, owing to the growing negative perception of animal-based food products. Organic milk powder offers high health beneficial properties such as enhancing joint health, improving the digestion system, and others. Organic milk powder also enhances nutritional composition when used in functional food and beverages.
Flavored Enhanced Organic Milk Powder Gaining Traction: Flavored-enhanced organic milk powder is becoming a favorite of consumers, attributable to better taste along with various health benefits. Manufacturers are flavoring organic milk powder offerings with chocolate, strawberry, blackberry, and others in response to the growing demand for organic food products.
These flavors are improving the taste of oats, and are thus widely accepted by customers. Furthermore, growing consumer preference for vibrant-flavored food products is also a considerable factor that is expected to contribute to the growth of the organic milk powder market over the forecast period.
Strong Government Support to Promote Organic Agricultural Sector: Governments across the world are promoting the organic agriculture to offer benefits to citizens. As organic products are associated with nutritious and health benefits, governments also encouraging consumers to consumer organic food products. Countries such as France, Denmark, and others are formulating better policies for the organic food industry.
- France has a well-developed organic market, which is expected to show opportunistic growth in the coming years. Demand for organic milk has shown an increase as per recent statistics (nearly 24% of milk products consumed in the U.K. are organic certified).
- The Danish government, in order to promote sustainable agriculture, is in support of the organic sector, and is implementing policies in favor of organic dairy farmers.
- Though the organic dairy sector is growing at a substantial rate in Europe, along with North America and New Zealand, countries such as Denmark, Sweden, the U.K., and Germany are experiencing significant growth in this respect.
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Regional Analysis of Organic Milk Powder Market
North America and Europe are leaders as far as organic milk powder market share is concerned. The major contributing factor is high consumption of organic food in these regions. Europe is one of the prominent manufacturers of organic milk powder - major organic milk powder manufacturers are in western European countries.
Moreover, organic dairy consumption has been steady from the past few years in Europe, as countries such as Germany, the U.K., France, Denmark, and others have a high number of consumers preferring organic food. North American countries, such as the U.S. and Canada, are also having a valuable impact on the organic milk powder market, as a lot of consumers are increasingly moving toward organic food products in the region.
However, emerging markets, including East Asia and South Asia, are projected to exhibit significant growth in the organic milk powder market during the forecast period. Major considerable factors are growing per capita expenditure coupled with higher consumption growth of organic food products among the increasing urban population.
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Covid-19 Impact on Organic Milk Powder Market
The COVID-19 pandemic has created a downfall in the economic growth of numerous countries, and major industries are facing a slowdown in business, including the food and beverage industry. Organic milk powder is an emerging market in the food and beverage industry, as organic dairy consumption is in the initial stage in some parts of the world.
The organic milk powder market has been primarily impacted by supply-chain disruptions caused by the global pandemic. Lack of trade activity has impacted the supply or organic milk from farms, which has further impacted the production outcome of organic milk.
This has created a demand-supply gap in the organic milk powder market. However, with lockdowns being eased in major parts of Europe, the damage can be lessened in the coming months. All in all, the coronavirus pandemic is expected to have a low impact on the global organic milk powder market.
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The global organic milk powder market is anticipated to exhibit significant growth in the coming years, with South Asia and East Asia projected to offer beneficial opportunities during the forecast period of 2020-2030. Increasing use of organic milk powder in multiple food and beverage applications is a considerable factor expected to boost the global organic milk powder market size in the foreseeable future.
Leading market players such as Nestlé SA, Fonterra Co-operative Group, OMSCO, and others are focusing on business expansion and acquisitions to strengthen their positions in the global organic milk powder market. Increasing production capacity and improvement in quality are other strategies being adopted by key players to gain a competitive edge in the global organic milk powder market.
Key Segments of Global Organic Milk Powder Market
PMR’s report on the global organic milk powder market offers information divided into four segments - type, end use, distribution channel, and region.
Key Questions Answered in PMR’s Global Organic Milk Powder Market Report
- Which region will hold the highest market share in the global organic milk powder market during the forecast period?
- Which region is experiencing the highest growth (CAGR)?
- Which factors are impacting the global organic milk powder market?
- What are the global trends impacting the organic milk powder market?
- What strategies must emerging players adopt to capture opportunities in various regions in the organic milk powder market?
- What is the market structure of the global organic milk powder market?