The market value for organic milk is increasing due to factors in consumer perception of health benefits, its environmental impact and competition from conventional milk and plant-based milk alternatives.
The brand commitments form part of the group's new ZERO Farming Footprint plan within its recently launched ESG program, Together Towards Zero and Beyond.
Researchers and physicians have been emphasizing consuming food grains, vegetables, milk products and fruits free of toxic substances, further creating a favorable outlook for organic farming globally.
The astaxanthin market is expected to grow as manufacturers from multiple industry sectors adopt growth-driven marketing strategies. Food and animal feed manufacturers are utilizing its benefits to enhance colorization and increase fertilization and survival rates in aquaculture farming, among other usages.
Increasing attention toward improving domestic crop production will significantly influence the biostimulants market expansion, which is expected to record over $6.5 billion in annual remuneration by 2028.