Press release
A2 Milk Market Analysis: Detailed Overview, Market Dynamics, Growth Factors, Industry Trends, and Future Market Projections
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.A2 Milk Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $4.2 billion In 2028 At A CAGR Of 14.7%.
The a2 milk market size has grown rapidly in recent years. It will grow from $2.09 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 16.4%. The growth in the historic period can be attributed to perceived digestive benefits, lactose intolerance awareness, dairy allergy considerations, traditional breeding practices, rising health consciousness..
The a2 milk market size is expected to see rapid growth in the next few years. It will grow to $4.2 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to consumer preference for natural products, expansion of distribution channels, government support and regulations, increased awareness of a2 protein types, diversification into non-dairy products.. Major trends in the forecast period include marketing and branding strategies, retailer partnerships, research on potential health benefits, collaborations in the dairy industry, innovation in packaging and product formats. .
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A2 Milk Market Major Segments
The a2 milk market covered in this report is segmented -
1) By Form: Liquid, Powder
2) By Packaging: Carton Packaging, Glass Bottles, Cans, Plastic Pouches And Bottles
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retail, Other Distribution Channels
4) By Application: Infant Formula, Milk-Based Beverages, Bakery And Confectionery, Dairy Products
Key Driver - Lactose Intolerance Sparks A2 Milk Surge Catering To Digestive Sensitivities In A Growing Market
Increasing cases of lactose intolerance is driving the A2 milk market forward. Lactose intolerance is a condition in which the body is unable to fully digest lactose, which is a type of sugar found in milk and other dairy products. A2 milk is more suitable for lactose intolerant individuals as compared to A1 milk as it has only A2 beta-casein protein in it and can be tolerated by lactose intolerant individuals. For instance, in 2023, according to the National Institutes of Health (NIH), a US-based governmental biomedical research agency, approximately 65% of the world's population was lactose intolerant. In the US, 50% to 80% of South Americans, 100% of American Indians, and around 60% to 80% of Ashkenazi Jews and Africans were lactose intolerant. As a result, the increasing cases of lactose intolerance is driving the A2 milk market.
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Prominent Trend - Revolutionizing A2 Milk With New Grassfed Varieties For Health-Conscious Choices
Major companies operating in the A2 milk market are focusing on developing innovating products such as a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk, to provide a competitive edge in the market. The a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk are A2 milk products sourced from cows that naturally produce only the A2 protein. For instance, in April 2023, The a2 Milk Company Limited, a New Zealand-based Dairying company launched a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk. The a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk are Grassfed and Certified Regenerative by AGW (A Greener World), a US-based Non-profit organization that promotes verified farming practices. These products combine the digestive benefits of A2 Milk with the grassfed milk, and provides a new dairy option for health-conscious consumers.
A2 Milk Market Players
Major companies operating in the a2 milk market report are Anand Milk Union Limited, Erden Creamery Private Limited, Ripley Farms LLC, The a2 Milk Company Limited, Urban Farms Inc., Vinamilk, Nestle S.A., Vedaaz Organics Pvt. Ltd., Vrindavan Dairy LLP, Sids Farm Private Limited, Happy Milk, Indus Milk, Humpy A2, Alexandre Family Farm, Indigau, Synlait Milk Limited, Freedom Foods Group Limited, Fonterra Co-operative Group Limited, Lion Pty Limited, Parmalat S.p.A., Westland Milk Products, Murray Goulburn Co-operative Co. Limited, Bellamy's Organic, Milk New Zealand Corporation, Jersey Dairy, Organic Valley, Brownes Dairy, Bubs Australia, Natrel, Snow Brand Milk Products Co. Ltd. .
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the A2 milk market in 2023. The regions covered in the a2 milk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. A2 Milk Market Report Structure
3. A2 Milk Market Trends And Strategies
4. A2 Milk Market - Macro Economic Scenario
5. A2 Milk Market Size And Growth
…..
27. A2 Milk Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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