The global grass-fed dairy products market is likely to be driven by the rising demand for preference for nutrient rich dairy product, according to a report from Transparency Market Research (TMR). The report offers a comprehensive study of the market based on historical data and developments from past few years and predicts reliable projections over forecast years from 2016 to 2024. The report, titled ‘Grass-Fed Dairy Products Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,’ uses industry-standard analytical tools to provide actionable insights regarding the potential future growth dynamics of the market.
Growth of the global grass-fed dairy products market is mainly driven by rising demand for nutrient-rich dairy products owing to the rising awareness regarding benefits of nutrient-rich food. Grass-fed dairy products have much higher quantities of nutrients such as omega-3, vitamin E, linoleic acid, and beta-carotene as compared to regular dairy products as they are produced from the cattle fed with only grass or forage feed. Taste of these products is also considered better than regular dairy product. Owing to these factors, the demand for these product is expected to remain high from consumers of all ages across the globe in the next few years.
Additionally, healthy products such as smoothies and dairy beverages are generally produces form nutrient-rich foods. Also, demand for healthy food products made using these foods is high and the trend is expected to propel the grass-fed dairy products market over forecast period. However, high maintenance cost of these cattle and the relatively higher costs of grass-fed dairy products are the major factors that could hamper growth of the market over the report’s forecast period.
Global grass-fed dairy products market is segmented on the basis of broad criteria such as product type, distribution channel, application, and geography. On the basis of geography, the market is segmented into Asia Pacific except for Japan, North America, Latin America, Eastern Europe, Japan, Western Europe, and Middle East and Africa. Among these, North America is expected to account for a larger revenue stake in the global market, followed by Europe.
Growth in the North America market can be attributable to high awareness regarding benefits of high nutrients food and the high consumption of nutrients-rich foods. Europe is also a major contributor to the global grass-fed dairy products market owing to high expenditure power of consumers and easy availability of products. However, the markets in developing countries such as India and China are expected to witness significant growth owing to a rising awareness and increasing disposable income of consumers in the region.
Request to view Sample Report:
Key players present in the global grass-fed dairy products market include Natural Dairy Products Corp., Organic Valley Ltd, Hudson Milk Company, Maple Hill Creamery, LLC, and Dreaming Cow Creamery LLC.