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Cattle Feed Market to Reach $78.3 Billion by 2027 Driven by Rising Global Demand

06-26-2024 08:39 AM CET | Food & Beverage

Press release from: Alliead Market Research

/ PR Agency: Alliead Market Research
Significant Growth Expected in Cattle Feed Market with a 4.4% CAGR from 2021 to 2027

Significant Growth Expected in Cattle Feed Market with a 4.4% CAGR from 2021 to 2027

Allied Market Research published a report, titled, "Donkey Milk Market by Application (Cosmetics & Personal Care and Food & Beverages) and Form (Liquid and Powder): Global Opportunity Analysis and Industry Forecast, 2021-2027." According to the report, the global donkey milk market garnered $28,180 thousand in 2019, and is expected to garner $68,139 thousand by 2027, growing at a CAGR of 9.4% from 2021 to 2027.

๐„๐ฑ๐œ๐ข๐ญ๐ข๐ง๐  ๐Ž๐Ÿ๐Ÿ๐ž๐ซ ๐€๐ฅ๐ž๐ซ๐ญ! ๐Ÿš€ ๐†๐ž๐ญ ๐š ๐Œ๐š๐ฌ๐ฌ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐˜๐จ๐ฎ๐ซ ๐๐ž๐ฑ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐š๐ง๐ ๐ญ๐š๐ค๐ž ๐š๐๐ฏ๐š๐ง๐ญ๐š๐ ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐ž๐-๐ญ๐ข๐ฆ๐ž ๐จ๐Ÿ๐Ÿ๐ž๐ซ. ๐Ÿ›๏ธ

๐Ÿ“๐๐ซ๐ข๐ฆ๐ž ๐๐ž๐ญ๐ž๐ซ๐ฆ๐ข๐ง๐š๐ง๐ญ๐ฌ ๐จ๐Ÿ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก

Rise in use of donkey milk in food & beverages, surge in utilization of donkey milk in cosmetics industry, and growth in consumption of donkey milk by health conscious consumers drive the global donkey milk market. However, lack of awareness regarding donkey milk and its high cost restrain the market growth. On the other hand, rise in social media awareness is expected to offer an array of opportunities to the market players in the near future.

๐Ÿ“๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ: https://www.alliedmarketresearch.com/request-sample/5662

๐Ÿ“๐“๐ก๐ž ๐œ๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ ๐š๐ง๐ ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐œ๐š๐ซ๐ž ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐š๐ง๐ญ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•

Based on application, the cosmetics and personal care segment held more than three-fourths of the total share of the global donkey milk market in 2019, and is estimated to continue its dominant position throughout the forecast period. This is due to rise in demand by personal care industry, and surge in demand for advanced natural ingredients. However, the food and beverages segment is expected to register the highest CAGR of 10.4% from 2021 to 2027. This is owing to the presence of proteins, omega-69 fatty amoino-acid, lactose, and mineral in donkey milk. In addition, donkey's milk consists of immune enhancer compounds, which protects toddlers from infections and diseases. Which further drives the growth of the segment.

๐Ÿ“๐“๐ก๐ž ๐ฉ๐จ๐ฐ๐๐ž๐ซ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐ฆ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐ž๐š๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐

Based on form, the powder segment held the highest market share in the global Donkey Milk market in 2019, contributing to nearly two-thirds of the total share, and will maintain its lead position in terms of revenue by 2027. The donkey milk powder origin is natural and it is a key ingredient, which is widely used in the cosmetics industry. Moreover, the donkey milk powder is a rich source of minerals, protein, bioactive enzymes, essential fats, and various growth factors such as riboflavin, vitamin D, and others, which provides natural nourishment to skin and toned it. However, the liquid segment is estimated to register the fastest CAGR of 10.3% from 2021 to 2027. The donkey milk contains less cholesterol and fat when compared with cow, goat, and sheep milk, this in turn leads to increase the growth of the segment.

Increase in use of donkey's milk in various cosmetics and personal care products such as creams, soaps, moisturizers, and others drives the growth of the global donkey's milk market. Moreover, cosmetics industry has evolved in countries such as the U.S., Canada, and Italy; therefore, the market is growing at a steady rate in these countries. Furthermore, to improve sales, manufacturers of cosmetics products are capitalizing on rise in consumer interest towards natural ingredients. In addition, the ongoing trend of clean label and advanced natural ingredients is providing added advantage to the producer for producing further new products. Thus, surge in demand for natural ingredients and ongoing trend of clean label are expected to drive the growth of the donkey milk market.

The number of social media users have increased considerably with rise in internet penetration. Taking this into consideration, stakeholders of donkey milk are indulged in creating awareness regarding donkey milk products and its benefits for health. Moreover, social media is one of the strategies adopted by various manufactures on imparting awareness about their product offerings among target customers on social media channels. Thus, through social media awareness strategy, the global donkey milk sights critical opportunity in gaining traction and increasing its customers reach among its target segments. However, high price of donkey's milk than price of cow milk, buffalo milk, and goat milk restrains the donkey milk market growth. Moreover, products that are made from donkey milk such as cheese, chocolates, cheddar, and others are also expensive. In addition, a kilogram of donkey milk cheese costs around $1,130 which makes it the world's most expensive cheese. Moreover, lack of government support for producing donkey milk and unavailability of donkey farm affect the production and cost of the milk. Moreover, the manufacturers do not have a proper supply chain owing to which it is not available in hypermarket/supermarket or online sales channel. These factors restrain the growth of the donkey milk market.

๐Ÿ“๐„๐ฎ๐ซ๐จ๐ฉ๐ž, ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ž๐ ๐›๐ฒ ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š, ๐ญ๐จ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐š๐ง๐ญ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐

Based on region, Europe, followed by North America, held the largest market share in terms of revenue, with nearly half of the global donkey milk market in 2019, and is expected to retain its dominance during the forecast period. The global players along with donkey milk manufacturing companies in Europe majorly focus on product innovation and have introduced donkey milk cosmetics and confectionary, which further boosts the demand for donkey milk. However, Asia-Pacific is expected to grow at the highest CAGR of 11.5% from 2021 to 2027. Donkey milk is new product in the animal milk category in the Asia-Pacific region as its ingredients shows resemblance to human breast milk for lactose, protein, and ash.

๐Ÿ“๐…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐š๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/5662

๐Ÿ“๐Œ๐š๐ฃ๐จ๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-

โ€ข ๐€๐ฌ๐ข๐ง๐ฎ๐ฌ ๐€๐ญ๐ฅ๐š๐ง๐ญ๐ข๐œ๐ฎ๐ฌ ๐’. ๐€.
โ€ข ๐ƒ๐จ๐ฅ๐ฉ๐ก๐ข๐ง ๐ˆ๐๐€
โ€ข ๐ƒ๐จ๐ง๐ง๐š ๐“๐ข๐ง๐š ๐…๐š๐ซ๐ฆ
โ€ข ๐„๐ฎ๐ซ๐จ๐ฅ๐š๐œ๐ญ๐ข๐ฌ ๐ˆ๐ญ๐š๐ฅ๐ข๐š ๐’๐ซ๐ฅ
โ€ข ๐†๐จ๐ฅ๐๐ž๐ง ๐ƒ๐จ๐ง๐ค๐ž๐ฒ๐ฌ ๐…๐š๐ซ๐ฆ
โ€ข ๐‡๐ž๐ฅ๐ฅ๐ž๐ง๐ข๐œ ๐€๐ฌ๐ข๐ง๐ฎ๐ฌ ๐…๐š๐ซ๐ฆ๐ฌ
โ€ข ๐’๐ญ๐ž๐ฉ๐ก๐ž๐ง๐ฌ๐จ๐ง ๐†๐ซ๐จ๐ฎ๐ฉ ๐‹๐ญ๐
โ€ข ๐“๐ก๐ž ๐ƒ๐จ๐ง๐ค๐ž๐ฒ ๐ƒ๐š๐ข๐ซ๐ฒ ๐๐“๐˜ ๐‹๐“๐ƒ
โ€ข ๐“๐ก๐ž ๐–๐ก๐ข๐ญ๐ž ๐’๐ž๐š & ๐๐š๐ฅ๐ญ๐ข๐œ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐
โ€ข ๐•๐ซ๐จ ๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž๐ฌ.

ยซ ยป ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐…๐จ๐จ๐ ๐š๐ง๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

๐Ÿ’กIce Cream Ingredients Market : https://www.alliedmarketresearch.com/ice-cream-market

๐Ÿ’กNatural Food & Drinks Market : https://www.alliedmarketresearch.com/natural-food-and-drinks-market

๐Ÿ’กCoffee Beans Market : https://www.alliedmarketresearch.com/coffee-beans-market

๐Ÿ’กRoyal Jelly Market : https://www.alliedmarketresearch.com/royal-jelly-market-A15111

๐Ÿ’กFood 3D Printing Market : https://www.alliedmarketresearch.com/food-3d-printing-market-A08587

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.

We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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