Pune, India, Aug. 08, 2022 (GLOBE NEWSWIRE) -- The global A2 milk market size was pegged at USD 1.84 billion in 2021. The market is anticipated to surge from USD 2.03 billion in 2022 to USD 4.27 billion by 2029 at 11.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “A2 Milk Market, 2022-2029.”
According to the analysis, A2 protein will be highly sought-after for easy digestion among the lactose intolerant population. A notable surge in disposable income and burgeoning population will complement increasing awareness about the upsides of A2 milk across emerging and advanced economies.
COVID-19 Impact
Closure of Supermarkets Challenged Stakeholders
The prevalence of the demand-supply gap challenged stakeholders striving to overcome challenges stemming from the COVID-19 pandemic. The closure of supermarkets did not bode well for the business outlook. That said, the trend for online stores and the resumption of global trade prompted industry players to invest in R&D investments. The prevailing trends suggest a robust outlook globally, with major players poised to inject funds to boost their footprint.
Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/a2-milk-market-103212
Major Players Profiled in the Report:
- The A2 Milk Company (New Zealand)
- Godrej Jersey (India)
- Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF) (India)
- PROVILAC Dairy Farms Pvt. Ltd. (India)
- Freedom Foods Group (Australia)
- Vinamilk (Vietnam)
- Erden Creamery Private Limited (India)
- Nestle S.A. (Switzerland)
- Vedaaz Organics Pvt. Ltd. (India)
- Ripley Farms (U.S.)
Report Coverage
The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has also delved into Porters’ Five Force analysis and SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2022-2029 |
| Forecast CAGR | 11.0% |
| 2029 Value Projection | USD 4.27 Billion |
| Base Year | 2021 |
| A2 Milk Market Size in 2021 | USD 2.03 billion |
| Historical Data | 2018-2020 |
| No. of Pages | 170 |
| Segments Covered | By Form, By Distribution Channel, By Region |
| A2 Milk Market Growth Drivers | Rising Demand for Herbal Ingredients in Cosmetic Industry to Fuel Market Growth |
Segments
Liquid Segment to be Sought-After Due to Rising Consumption
Based on form, the market is segmented into liquid and powder. The liquid segment will contribute notably to the global market during the forecast period, mainly attributed to rising consumption and convenience. Notably, fresh A2 milk has become sought-after due to more selenium and phosphorous than powdered milk. Maximum nutrients are the biggest benefits for end-users to shift to the liquid form of the milk.
Supermarkets and Hypermarkets Segment to Remain Dominant with Easy Availability
In terms of distribution channel, the market is classified into supermarkets and hypermarkets, online retail, convenience stores, and others. The supermarkets and hypermarkets segment could account for a significant share of the global market on the heels of easy availability in stores. Besides, the post-COVID 19 outlook suggests robust growth in the distribution channel due to ease of lockdown and resumption of trade.
With respect to geography, the market covers Asia Pacific, North America, Europe, the Middle East & Africa, and South America.
Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/a2-milk-market-103212
Drivers and Restraints
Expanding Product Uses in Infant Formula to Underpin Industry Growth
The A2 milk market share will witness an upward trajectory owing to its popularity as substitute milk for infants. Leading manufacturers have infused funds into milk products for easy digestibility and similarity with breast milk. Furthermore, the prevalence of disease symptoms associated with the consumption of regular milk will prompt consumers to seek the milk product. Prominently, the soaring number of the lactose intolerant population could encourage manufacturers to boost their portfolios. However, high costs with regards to the maintenance of cows could impede the growth prospect.
Regional Insights
Asia Pacific to Witness Investments Galore with Bullish Presence of Breed Cows
The Asia Pacific market size was valued at USD 709.12 million in 2021 and will witness a similar trend owing to the rising prevalence of A2 breed cows. Besides, strong demand for dairy products in supermarkets, hypermarkets, and online stores will augur well for the regional growth. Moreover, the emergence of startups and the expanding footprint of well-established players will solidify the position of Asia Pacific in the global landscape.
The Europe A2 milk market growth will be pronounced owing to the presence of major companies across the U.K., Germany, and France. Furthermore, milk has become trendier in confectionery and bakery products. Stakeholders are likely to augment their research and development activities to tap into the regional market.
An increased emphasis on R&D activities and innovations has made North America a favorable investment hub. Bullish distribution channels across the U.S., Canada, and Mexico and the easy availability of A2 beta-casein milk products encourage major companies to expand their geographical presence.
Competitive Landscape
Stakeholders Prioritize Product Launches to Foster Portfolios
Prominent players could inject funds into mergers & acquisitions, product rollouts, technological advancements, and R&D activities. Besides, major companies could invest in innovations and product offerings in the ensuing period.
Inquire Before Buying This Report: https://www.fortunebusinessinsights.com/enquiry/queries/a2-milk-market-103212
Key Industry Development
- August 2018 - Fonterra Cooperative Brand Anchor announced a strategic partnership with the A2 Milk Company Ltd. The aim of the partnership was to augment its milk portfolio and give more choices regarding milk to consumers.
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Overview of the Parent/Related Markets
- Industry SWOT Analysis
- Supply Chain and Regulatory Analysis
- Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- Qualitative Analysis Related to COVID-19
- Impact of COVID-19 on the Market
- Supply Chain Challenges amidst Pandemic
- Potential Opportunities due to this Global Crisis
- Global A2 Milk Market Analysis, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Form
- Liquid
- Powder
- By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
- Others
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Form
TOC Continued…!
Speak to Our Expert: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/a2-milk-market-103212
Read Related News:
Lactose-free Food Market Size, Share & Industry Analysis, By Source (Coconut, Soy, Almond, Others), By Product Type (Lactose-free Dairy, Lactose-free Bakery, Lactose-free Confectionery, Lactose-free Infant Formula), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail) and Regional Forecast, 2022-2029
Nut Milk Market Size, Share & Industry Analysis, By Type (Almond Milk, Coconut Milk, Cashew Milk, Walnut Milk, Others), By Form (Powder, Liquid), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Retail Stores, Online Retail Stores, Foodservice, Others) and Regional Forecast, 2022-2029
Goat Milk Derivatives Market Size, Share and Analysis By Type (Full Cream Goat Milk powder, Skimmed Goat Milk Powder, Goat Whey Protein Concentrate, Goat Demineralized Whey Powder, Goat Lactose, Others), By Application (Infant Formula, Cheese, Yogurt, Ice Cream, Others) and Geography Forecast till 2022-2029
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower, Baner
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.:+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
LinkedIn: https://www.linkedin.com/company/fortune-business-insights
Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd
Twitter: https://twitter.com/FBInsightPvtLtd
