Organic Milk Powder Market Offers Nutrient-Rich Solutions Serving Healthy Regime of Consumers
For a decade now, organic disruption continues to hit the food and beverage industry. Every year, about 600 million i.e. almost 1 out of 10 people fall ill after eating contaminated foods and around 420,000 people die due to the same reason. Rising food safety concerns around the world are increasing consumer interest in organic foods. Consumers’ interest to be aware of the ingredients and processes used in food manufacturing has increased substantially over the past few years. In addition, governments and other global organizations are strongly focusing to eradicate malnutrition burdens that trigger economic, social, and medical impacts on a country and community. This, in turn, is creating unprecedented opportunities for the organic industry to increase its avenues in the global marketplace. Subsequently, these major drivers are instigating the growth of the organic milk powder market owing to its significant contribution to providing adequate nutrients. Furthermore, unlike whole milk or pasteurized milk, this nutrient-rich organic milk made by spray drying technology is free from pesticides, hormones, and fertilizers and serves as a healthy drink to every individual from babies and toddlers to women, and athletes. Especially in children, organic milk powder and associated products are used to treat moderate and severe conditions of malnutrition. Thus, this increasing demand for nutrition is proliferating the global organic milk market.
The global organic milk powder market size attained a value of $1.98 billion in 2018. Furthermore, the industry is experiencing a constant uptick with a CAGR of 4.93% during the forecast period 2019-2025.
Global Interventions Promoting the Organic Milk Powder Market Growth
Organic milk provides a myriad variety of milk concentration formulae and acts as a reliable alternative of breast milk. Many international associations such as the World Health Organization (WHO) are promoting nutritional activities by emphasizing the first 1000 days critical window of child growth. Along with that, the right investment in nutrition is projected to save 3.7 million lives by 2025. Therefore, these nutritional and quality control activities conducted by organizations are creating regulations to meet customer demands and provide sufficient nutrients by supporting the hygiene and food standards. These global initiatives are fostering the intake of organic powdered milk among children and adults simultaneously. As a result, these global interventions are surging organic milk powder growth.
North America Dominated the Global Organic Milk Powder Market Share
North America held the largest organic milk powder market share with about 36.5% fraction in the global revenue during the aforementioned period. Rising consumers’ adoption of healthy lifestyles and increasing product recalls and contaminants in conventional foods are increasing the demand for organic food products in this region. In the U.S., strong organic regulations are driving the enforcement of standard organic trade. Furthermore, these stringent organic guidelines set by the U.S. Department of Agriculture in grazing organic livestock is promoting the growth of the organic milk powder market in the U.S. This robust structure of U.S organic enforcement is ensuring transparent operations in the organic dairy industry and fueling the customer satisfaction and confidence in the organic milk and associated dairy products. As a result, these maneuvers are boosting North American organic milk powder market growth.
Organic Milk Powder Market Expanding with a Wide Portfolio in the Food Industry
Based on the end-use segment, food observed the fastest growth in the global organic milk powder market accelerating with a CAGR of 4.4% during the aforementioned period. Rising trends such as veganism, organic eating, and plant-based eating are reinforcing the demand for the addition of organic milk powder in food items such as baked goods, cereals, and beverages. These trends are inspiring the manufacturers to answer the increasing consumer demands by resonating with an organic label in their portfolio. With the availability of a wide portfolio of food products, the organic milk powder demand is augmenting the food industry.
Organic Milk Powder Market – Key Players
Companies such as Nestlé SA, Fonterra Co-operative Group, Vertrieb KG, Aurora Foods Dairy Corp., Organic Valley, Bellamy’s Organic, SunOpta, Inc., Organic West Milk, Inc., GMP Dairy, HiPP GmbH & Co., and Miraka Ltd constitute a significant part in the global organic milk market share.
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