Report Description
A2 milk Market Outlook 2031:
The global A2 milk market size was valued at USD 78.76 Billion in 2022 and is projected to reach USD 126.44 Billion by 2031, expanding at a CAGR of 5.4% during the forecast period 2023 - 2031. A2 milk is a type of cow milk distinguished by the absence of A1-casein proteins. In comparison to conventional milk, A2 Milk has a higher nutritious value. It is also high in omega-3 fatty acids, which aid in the growth and development of an individual.
The presence of omega-3 fatty acids also removes accumulated cholesterol from blood vessels. Intake of A2 milk has been shown to reduce the symptoms of stomach aches that occur after consuming dairy products in lactose intolerant people, such as bloating, gas, and diarrhea. It also contains beneficial milk lipids that are not seen in traditional milk.
A2 milk Market Trends, Drivers, Restraints, and Opportunities
- Growing demand for A2 milk due to increase in consumer health consciousness and expenditure is propelling the A2 milk market growth.
- The introduction of flavored varieties of the product is one of the primary trends that can the boost market expansion.
- Growing awareness regarding multiple benefits of A2 milk such as improvement in immunity, growth in metabolic rate, and support for mental growth is fueling the growth of the market.
- Development of varied A2 milk-based products such as infant formula, butter, cheese, and yogurt is estimated to foster the A2 milk market growth.
- High cost of A2 milk than ordinary milk can impede the growth of the market.
- The availability of less expensive and vegan alternatives, as well as a lack of sufficient evidence regarding the benefits of A2 milk, are constraints to the A2 milk market growth.
- Increasing distribution channels of A2 milk in emerging market is likely to offer opportunities for the market.
Scope of A2 milk Market report:
The report on the A2 Milk market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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A2 milk Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast
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Base Year
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2022
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Historic Data
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2016 & 2021
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Forecast Period
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2023 – 2031
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Segmentation
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Forms (Powder A2 Milk and Liquid A2 Milk), Distribution Channels (Online Retail, Supermarkets & Hypermarkets, Non-store Retailing, Grocery & Convenience Stores, and Others), Packaging Forms (Bottles [Glass Bottles and Plastic Bottles], Pouches, Cartons, Cans, and Others)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Key Players Covered in the Report
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Taw River Dairy; Erden Creamery Private Limited, Ripley Farms LLC, Urban Farms Milk, Provilac Dairy Farms Pvt. Ltd., The a2 Milk Company Limited, GCMMF (Amul), and Vinamilk
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A2 Milk Market Segment Insights
Liquid A2 milk segment is projected to hold a significant market share
Based on forms, the A2 milk market share can be bifurcated into powder A2 milk and liquid A2 milk. The liquid A2 milk segment is projected to hold a significant market share. Rising preference for liquid A2 milk stems from its ease of use is driving the market segment. Fresh milk is preferred for direct consumption by consumers as it contains key elements that fulfill humans requirements, such as proteins, calcium, and vitamins.
Cartons segment is anticipated to account for a substantial share
On the basis of packaging, the A2 milk market share can be segmented into bottles, pouches, cartons, cans, and others. The bottles segment is further classified as glass bottles and plastic bottles. The cartons segment is anticipated to account for a substantial share, as cartons allow for longer shelf life for the product, inexpensive delivery costs, and are also easier and safer for consumers to use.
Supermarkets & hypermarkets segment to register a rapid pace in the coming years
In terms of distribution channels, the A2 milk market can be fragmented into online retail, supermarkets & hypermarkets, non-store retailing, grocery & convenience stores, and others. The supermarkets & hypermarkets segment to register a rapid pace in the coming years. Supermarkets and hypermarkets provide consumers with a visible and appealing choice of dairy items.
Furthermore, supermarket chains are among the most preferred places to shop for groceries. This allows individuals to find new varieties, interpret labels, and differentiate between products more effectively.
Asia Pacific is expected to dominate the market
In terms of regions, the A2 milk market can be categorized as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market due to the region's enormous preference and large consumption of A2 milk beverages.
Furthermore, the region has an abundance of cow breeds that provide A2 milk. The market in North America is estimated to grow at a rapid pace owing to high consumer expenditure, lactose sensitivity among a huge population, and increased health consciousness.
Segments
By Forms
- Powder A2 Milk
- Liquid A2 Milk
By Packaging
- Bottles
- Glass Bottles
- Plastic Bottles
- Pouches
- Cartons
- Cans
- Others
By Distribution Channels
- Online Retail
- Supermarkets & Hypermarkets
- Non-store Retailing
- Grocery & Convenience Stores
- Others
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
By Key Players
- Taw River Dairy
- Erden Creamery Private Limited
- Ripley Farms LLC
- Urban Farms Milk
- Provilac Dairy Farms Pvt. Ltd.
- The a2 Milk Company Limited
- GCMMF (Amul)
- Vinamilk
Competitive Landscape
Key players in the A2 milk market are Taw River Dairy; Erden Creamery Private Limited, Ripley Farms LLC, Urban Farms Milk, Provilac Dairy Farms Pvt. Ltd., The a2 Milk Company Limited, GCMMF (Amul), and Vinamilk.
These players have constantly engaged in various business development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to strengthen their geographical presence and expand their customer base globally.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. A2 milk Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. A2 milk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. A2 milk Market - Supply Chain
4.5. Global A2 milk Market Forecast
4.5.1. A2 milk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. A2 milk Market Size (000’ Units) and Y-o-Y Growth
4.5.3. A2 milk Market Absolute $ Opportunity
5. Global A2 milk Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. A2 milk Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global A2 milk Demand Share Forecast, 2019-2026
6. North America A2 milk Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America A2 milk Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America A2 milk Demand Share Forecast, 2019-2026
7. Latin America A2 milk Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America A2 milk Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America A2 milk Demand Share Forecast, 2019-2026
8. Europe A2 milk Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe A2 milk Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe A2 milk Demand Share Forecast, 2019-2026
9. Asia Pacific A2 milk Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific A2 milk Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific A2 milk Demand Share Forecast, 2019-2026
10. Middle East & Africa A2 milk Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa A2 milk Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa A2 milk Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global A2 milk Market: Market Share Analysis
11.2. A2 milk Distributors and Customers
11.3. A2 milk Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Taw River Dairy
11.4.2.
Erden Creamery Private Limited
11.4.3.
Ripley Farms LLC
11.4.4.
Urban Farms Milk
11.4.5.
Provilac Dairy Farms Pvt. Ltd.
11.4.6.
The a2 Milk Company Limited
11.4.7.
GCMMF (Amul)