Press release
Cattle Feed Market to Reach $78.3 Billion by 2027 Driven by Rising Global Demand
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 2027.๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐๐๐ซ ๐๐ฅ๐๐ซ๐ญ! ๐ ๐๐๐ญ ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐๐ง๐ ๐ญ๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐๐-๐ญ๐ข๐ฆ๐ ๐จ๐๐๐๐ซ. ๐๏ธ
๐๐๐ซ๐ข๐ฆ๐ ๐๐๐ญ๐๐ซ๐ฆ๐ข๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก
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.
๐๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/5662
๐๐๐ก๐ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐ ๐๐ง๐ ๐ฉ๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐๐ซ๐ ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐
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.
๐๐๐ก๐ ๐ฉ๐จ๐ฐ๐๐๐ซ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
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.
๐๐๐ฎ๐ซ๐จ๐ฉ๐, ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐๐ ๐๐ฒ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐, ๐ญ๐จ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
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.
๐๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/5662
๐๐๐๐ฃ๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-
โข ๐๐ฌ๐ข๐ง๐ฎ๐ฌ ๐๐ญ๐ฅ๐๐ง๐ญ๐ข๐๐ฎ๐ฌ ๐. ๐.
โข ๐๐จ๐ฅ๐ฉ๐ก๐ข๐ง ๐๐๐
โข ๐๐จ๐ง๐ง๐ ๐๐ข๐ง๐ ๐ ๐๐ซ๐ฆ
โข ๐๐ฎ๐ซ๐จ๐ฅ๐๐๐ญ๐ข๐ฌ ๐๐ญ๐๐ฅ๐ข๐ ๐๐ซ๐ฅ
โข ๐๐จ๐ฅ๐๐๐ง ๐๐จ๐ง๐ค๐๐ฒ๐ฌ ๐ ๐๐ซ๐ฆ
โข ๐๐๐ฅ๐ฅ๐๐ง๐ข๐ ๐๐ฌ๐ข๐ง๐ฎ๐ฌ ๐ ๐๐ซ๐ฆ๐ฌ
โข ๐๐ญ๐๐ฉ๐ก๐๐ง๐ฌ๐จ๐ง ๐๐ซ๐จ๐ฎ๐ฉ ๐๐ญ๐
โข ๐๐ก๐ ๐๐จ๐ง๐ค๐๐ฒ ๐๐๐ข๐ซ๐ฒ ๐๐๐ ๐๐๐
โข ๐๐ก๐ ๐๐ก๐ข๐ญ๐ ๐๐๐ & ๐๐๐ฅ๐ญ๐ข๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ข๐ฆ๐ข๐ญ๐๐
โข ๐๐ซ๐จ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐๐ฌ.
ยซ ยป ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
๐กIce Cream Ingredients Market : https://www.alliedmarketresearch.com/ice-cream-market
๐กNatural Food & Drinks Market : https://www.alliedmarketresearch.com/natural-food-and-drinks-market
๐กCoffee Beans Market : https://www.alliedmarketresearch.com/coffee-beans-market
๐กRoyal Jelly Market : https://www.alliedmarketresearch.com/royal-jelly-market-A15111
๐กFood 3D Printing Market : https://www.alliedmarketresearch.com/food-3d-printing-market-A08587
๐๐จ๐ง๐ญ๐๐๐ญ
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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.
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