Organic dairy products are derived from livestock raised through organic feed and without the use of synthetic fertilizers and pesticides. As a result, organic dairy products are considered healthier and have higher levels of vitamins, omega-3 fatty acids, antioxidants and conjugated linoleic acid (CLA). Unlike conventional dairy farming methods, organic dairy farming helps in sustaining higher production without the environmental risks. Currently, China represents one of the fastest growing markets for organic dairy products in Asia. According to the latest report by IMARC Group, titled “Organic Dairy Market in China: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the organic dairy market in China reached a value of US$ 860 Million in 2018.
One of the major factors bolstering the growth of the organic dairy market in China is the rising awareness about the extensive use of fertilizers, pesticides and bovine growth hormone (BGH) due to which a majority of the consumers have shifted towards healthier and organic dairy products. Some of the other forces that have been proactive in maintaining the market growth include rapid urbanization, escalating disposable incomes and large-scale food adulteration in China. Looking forward, the market value is projected to reach US$ 2,014 Million by 2024, registering a CAGR of around 15% during 2019-2024.
This report provides a deep insight into the organic dairy market in China covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the China organic dairy industry in any manner.
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