PUBLISHER: DataM Intelligence | PRODUCT CODE: 1272778
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1272778
The Global A2 Milk Market US$ 2,079.2 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 6,413.9 million by 2030. The market is growing at a CAGR of 15.6% during the forecast period (2023-2030).
The A2 milk market has been growing in popularity in recent years, particularly in countries such as Australia, New Zealand, and the United States. A2 milk is believed to be easier to digest than conventional cow's milk because it lacks the A1 protein, which some people have trouble digesting. It is also believed that A2 milk may have prebiotic properties that can promote the growth of beneficial bacteria in the gut, potentially improving overall gut health.
Research that was published in the National Library of Medicine estimates that up to 65% of people worldwide are lactose intolerant. Due to its positioning as a typical cow's milk substitute that is easier to digest, A2 milk now has a huge market opportunity. Additionally, compared to conventional cow's milk, A2 milk has a reduced quantity of inflammatory markers, according to a study that was published in the Journal of Dairy Science. This shows that those who suffer from inflammatory diseases like irritable bowel syndrome (IBS) and asthma may benefit health-wise from consuming a2 milk.s
The yield of a2 milk products has increased as a result of the employment of cutting-edge technologies in a2 milk production. A study in the Journal of Dairy Science found that using ultrafiltration technology could boost a2 milk protein concentrate production by up to 20%. One example of an innovative a2 milk product is a2 Milk Company's A2 Platinum infant formula, which is specifically formulated for infants and young children. The formula is made from a2 milk and is marketed as a more easily digestible and nutritious alternative to traditional infant formulas.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global a2 milk market is segmented based on form, packaging form, distribution channel, and region.
The liquid segment dominated the overall market due to the high consumption rate attributed to its largest market share. Consumers prefer to consume fresh milk, as it contains nutrients such as calcium, vitamins, and proteins. Thus, liquid products contributed more to the market revenue due to their convenience and large consumption. Moreover, the liquid segment is expected to expand with the highest CAGR of 15.9% from 2023 to 2030.
North America is indeed one of the fastest-growing markets for A2 milk with a 16% CAGR. Consumers in North America are becoming increasingly health-conscious and are looking for healthier alternatives to conventional milk. A2 milk is marketed as a healthier option, as it contains only the A2 beta-casein protein and is free from the A1 beta-casein protein, which some studies suggest may be associated with digestive discomfort. A2 milk is becoming more widely available in North America, as more companies are introducing it to their product lines.
The major global players include The A2 Milk Company Ltd., VinaMilk, Amul, Erden Creamery, Provilac Dairy Farms Pvt. Ltd., Urban Farms Milk, Freedom Foods Group Limited, Taw River Dairy, Ripley Farms LLC., and Nestle S.A.
The Global A2 Milk Market Report Would Provide Approximately 61 Tables, 57 Figures and 200 Pages.
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