Press release
Global A2 Lactose-free Milk Market to Grow at 19.7% CAGR by 2033, Driven by Rising Lactose Intolerance
The global market for A2 lactose-free milk was valued at USD 612.0 million in 2023 and is set to experience significant growth over the forecast period from 2023 to 2033. With a projected compound annual growth rate (CAGR) of 19.7%, the market is expected to reach USD 1,393.0 million by 2033.A2 lactose-free milk stands out due to its unique composition, containing only A2-type beta-casein protein. Many consumers believe that A2 protein is easier to digest compared to the A1 protein found in regular milk.
Another key feature of A2 milk is its lack of lactose. The milk's lactose is either broken down or removed, making it an ideal choice for those who are lactose intolerant or have difficulty digesting lactose.
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Due to growing consumer awareness of lactose intolerance and rising demand for dairy products that are thought to be gentler on the digestive system, the market for A2 lactose-free milk has expanded. A2 lactose-free milk is becoming popular in several international markets in addition to their home countries. Businesses are expanding their networks of distribution to reach a large consumer base with A2 lactose-free milk.
The market's positive growth outlook is influenced by the increasing demand for nutritious foods, the ability of A2 milk to treat irritable bowel syndrome, and the rising trend of modifying dietary habits. These factors collectively contribute to the promising growth trajectory of the A2 lactose-free milk market.
Key Takeaways from the Report-
Throughout the forecast period, the A2 lactose-free milk market is expected to rise at a CAGR of 19.7%.
The United States is expected to hold a share of 31.0% in global A2 lactose-free milk.
Based on packaging, the tetra pack segment is expected to hold a market share of 58.0% in 2023
By 2033, the A2 lactose-free milk market is expected to be worth USD 1,393.0 million.
China is estimated to exhibit a value CAGR of 6.3% during the forecast period.
"The A2 lactose-free milk market is witnessing significant growth due to increasing demand for dairy products that are both lactose-free and sourced from cows producing A2 beta-casein protein. The market is characterized by innovation in product offerings, expanding availability, and a focus on catering to consumers with lactose intolerance or seeking A2 milk options," -says Nandini Roy Choudhury ( client Partner for Food and Beverages at Future Market Insights, Inc.)
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Competitive Landscape
Acquisitions and mergers benefit companies by improving their product quality and expanding their market reach. Combining resources, expertise, and customer base can lead to access to new technology, distribution channels, manufacturing facilities, and talent.
Similar to this, introducing new items can help companies remain competitive and adapt to the shifting needs of their clientele. This would help in enabling them to expand their market share while drawing in new business and keeping hold of their current clientele.
Key Companies Profiled
Shoonya Farms
Horizon Organic
The a2 Milk Company
Fonterra
Provilac Dairy Farms Private Limited
Alexandre Family Farm
Organic Valley
Green Valley
Other Players
For instance,
In 2022, the A2 Milk Company launched an A2 lactose-free milk product in Australia, responding to the growing demand for lactose-free milk.
In 2023, The A2 Milk Company launched its Premium A2 Platinum® Infant Formula in the United States.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global A2 lactose-free milk market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study incorporates compelling insights on the A2 lactose-free milk market based on form (powder and liquid), application (infant formula, dairy products, bakery and confectionery, and milk and milk-based beverages), packaging (tetra packs, glass bottles, plastic bottles and pouches, and cans), distribution channel (B2B and B2C), and region.
Explore Dairy and Dairy Products Industry Analysis: https://www.futuremarketinsights.com/industry-analysis/dairy-and-dairy-products
A2 Lactose-free Milk Market Outlook by Category
By Form:
Powder
Liquid
By Application:
Infant Formula
Dairy Product
Butter
Cheese
Yogurt
Milk Powder
Ice Cream
Others
Bakery and Confectionery
Milk and Milk-based Beverages
By Packaging:
Tetra Packs
Glass Bottles
Plastic Bottles and Pouches
Cans
By Distribution Channel:
B2B
B2C
Store-based Retailing
Hypermarkets/Supermarkets
Grocery Stores
Convenience Stores
Specialty Stores
Online Retailing
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
Related Reports:
A2 Milk Market Outlook (2023 to 2033): https://www.futuremarketinsights.com/reports/a2-milk-market
A2 Ice Cream Market Outlook from 2024 to 2034: https://www.futuremarketinsights.com/reports/a2-ice-cream-market
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Future Market Insights Inc.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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