Market Research Future (MRFR) has published a cooked research report on the “Global A2 Milk Market” that contains information from 2022 to 2030. The Global A2 Milk Market is estimated to register a CAGR of 17.75% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the global Global A2 Milk Market— The A2 Milk Company Limited, Nestlé S.A., Provilac Dairy Farms Pvt. Ltd, Olivia Foods Pvt. Ltd, Ripley Farms LLC, Freedom Foods Group Limited, Taw River Dairy, Vinamilk, Urban Farms Milk and Gujarat Cooperative Milk Marketing Federation Ltd.
A2 Milk Market Highlights
The Global A2 Milk Market is accounted to register a CAGR of 17.75% during the forecast period and is estimated to reach USD 28.55 Billion by 2030.
The global A2 milk market refers to the worldwide market for milk that contains only the A2 type of beta-casein protein, as opposed to the A1 type. A2 milk is sourced from cows that naturally produce milk with the A2 protein variant, which is believed to be easier to digest for some individuals compared to the A1 protein variant found in conventional milk.
The growth of the global A2 milk market is primarily driven by the increasing consumer awareness about the potential health benefits associated with A2 milk consumption. It is claimed that A2 milk can alleviate digestive issues, reduce symptoms of lactose intolerance, and improve overall gut health.
Segment Analysis
The Global A2 Milk Market has been segmented based on packaging type, category and sales channel.
On the basis of packaging type, the market is segmented into bottles and cartons. This is mainly owing to the various benefits provided by carton packaging such as lower shipping cost, allowing the product to have a long-lasting shelf life.
Based on category, the market has been segmented into guernsey, jersey, holstein and brown swiss. The Holstein segment held the majority share in market revenue. This is mainly because these types of cows are major producers of milk.
Based on sales channel, the market has been segmented into store based and non store based. The store based owing to the growing benefits possessed by supermarkets & hypermarkets such as discounts available on various items, and the availability of a wide range of products.
Regional Analysis
The Global A2 Milk Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global A2 Milk Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global A2 Milk Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global A2 Milk Market comprises of Middle East, Africa, and Latin America.
North America is a significant market for A2 milk, with the United States and Canada being the primary consumers. The market is driven by increasing consumer awareness of A2 milk's potential health benefits.
Europe has witnessed a surge in the popularity of A2 milk. European consumers, especially those with lactose intolerance or digestive sensitivities, are increasingly opting for A2 milk products.
The Asia Pacific region, is a significant producer and consumer of A2 milk. In India, where the concept of A2 milk originated, the market has gained substantial traction, driven by the belief that A2 milk is closer to the traditional milk consumed by the population.
Furthermore, the rest of the world's Global A2 Milk Market is divided into the Middle East, Africa, and Latin America. The A2 milk market in Latin America is still emerging but shows promising growth potential. Countries like Brazil and Argentina have seen the introduction of A2 milk products to cater to the demand for healthier dairy options.
Key Findings of the Study
- The Global A2 Milk Market is expected to reach USD 28.55 Billion by 2030, at a CAGR of 17.75% during the forecast period.
- North America is a significant market for A2 milk, with the United States and Canada being the primary consumers. The market is driven by increasing consumer awareness of A2 milk's potential health benefits.
- Based on category, the market has been segmented into guernsey, jersey, holstein and brown swiss holding the largest market in 2022.
- The A2 Milk Company Limited, Nestlé S.A., Provilac Dairy Farms Pvt. Ltd, Olivia Foods Pvt. Ltd, Ripley Farms LLC, Freedom Foods Group Limited, Taw River Dairy, Vinamilk, Urban Farms Milk and Gujarat Cooperative Milk Marketing Federation Ltd
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Companies Covered | 15 |
Pages | 115 |
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