Organic Dairy Products (Foods and Drinks) Market is Expected to Reach USD 15,115.1 Million Globally in 2017: Transparency Market Research

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Organic Dairy Products (Foods and Drinks)

Market is Expected to Reach USD 15,115.1

Million Globally in 2017: Transparency Market

Research

PR Newswire

ALBANY, New York, June 26, 2012

ALBANY, New York

,

June 26, 2012

/PRNewswire/ --

According to a new market report published by Transparency Market Research

(http://www.transparencymarketresearch.com) "

Organic Dairy Products

(Foods And Drinks) Market - Global and South Korea Market

Forecasts, Size, Trends, And Industry Analysis 2011 - 2017,

" the global

organic dairy foods and drinks market was worth

USD 9,357.4 million

in 2011

and is further expected to reach

USD 15,115.1 million

in 2017, growing at a

CAGR of 9.1% from 2011 to 2017. Globally, the U.S was the largest regional

market at

USD 4,257.6 million

in 2011; however the

Asia Pacific

region is

expected to enjoy the highest growth rate at a CAGR of 20.2% from 2011 to

2017.

Browse the full report

at http://www.transparencymarketresearch.com/organic-dairy-foods-

and-drinks-market.html

The global demand for organic foods and beverages has been steadily

increasing over the last decade. Growing awareness regarding health benefits

as well as the adverse affects of pesticide residues have been the key factors

behind this growth. Owing to this surge, organic farmland and production has

doubled in the last five years. Organic dairy foods, which include milk, yoghurt,

cheese, butter and ice-cream accounted for 19% of the total market,

amounting to sales of around

USD 8,987.7 million

in 2011. The market is

dominated by U.S. and

Europe

, which together accounted for 93.1% of the

global demand in 2011. The U.S. and

Europe

organic dairy sector continues to

show steady growth, growing overall by 8.2% and 7.9% respectively during

2012.

South Korea

is witnessing continuous growth in consumption of organic dairy

products and is expected to grow robustly from 2011 to 2017. The South

Korean organic dairy market is predicted to reach

USD 418.6 million

by 2017.

Consumers in

South Korea

are increasingly willing to purchase organic dairy

products as they become more aware of the importance of healthy eating.

Organic dairy products such as milk, yoghurt, cheese and many more are

gaining popularity due to health benefits they offer. The South Korea market is

witnessing strong organic dairy products' demand due to increase in standard

of living, spending power and awareness among people. The buyers of these

products include educated consumers and conventional retailers. Moreover,

consumers are ready to pay premium prices for organic dairy products as

demand exceeds supply in the South Korean market.

Organic Dairy Foods and Drinks Segments Covered

- Organic milk

- Yogurt

- Cheese

- Other

Geographies Covered

- U.S.

-

Europe

-

Asia-Pacific

-

South Korea

- Rest of the World (RoW)

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