Precedence Research Announced New Report on “A2 Milk Market – Global Industry Analysis, Size, Share, Trends, Revenue, Forecast 2021 to 2030”.
The global A2 milk market size is projected to hit over USD 25.04 billion by the end of 2030 exhibiting at a CAGR of 18.6% during the estimate period 2021 to 2030. The global A2 milk market size was estimated USD 8.21 billion in 2020.
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Factors such as increasing preference for A2 milk, growing use of A2 milk in infant formula, increasing health consciousness, rapid spread of knowledge related to health and well-being through social media platforms along with traditional advertising mediums, increase in consumer spending in developing regions, rise in disposable income, increasing preference for sustainable and organic products, and launch of new products by multinationals are driving the growth of A2 milk market. Moreover, introduction of food and beverage policies, that mandate the companies to display ingredients and nutritional values on product packaging, are playing a major role in helping the consumers to opt for healthier alternatives.
Research studies have shown increase in gastrointestinal related problems in some people on consuming A1 beta casein containing milk. Also, the consumption of A2 milk indicated minimal or no gastrointestinal problems or discomfort. A2 milk is easily digested as compared to A1 milk, and thus is being wide preferred over A1 milk across the globe leading to market growth. A2 milk has nutritional benefits such as higher protein content, easy digestibility, rich source of calcium, essential vitamins and minerals etc. and is also free of antibiotics and hormones. Due to such health advantages a surge in demand for A2 milk is being observed globally. Also increasing health awareness and growing disposable income has led to preference for A2 milk over conventional milk. A2 milk is also being preferred for manufacturing other dairy products as well as infant formula due to easy digestibility and other health benefits. The increasing demand for dairy products thus augments the demand for A2 milk globally.
|Market Size||USD 25.04 Billion by 2030|
|Growth Rate||CAGR of 18.6% from 2021 to 2030|
|Historic Data||2017 to 2020|
|Forecast Period||2021 to 2030|
|Segments Covered||Form, Application, Packaging, Distribution Channel|
- Among the A2 milk form segment, liquid dominated the overall market in 2020. High consumption rate and convenience are the foremost factors attributing to its large market share.
- The milk-based beverages segment accounted for the major share of revenue in the application segment with more than 45% share in 2020 due to high use of A2 milk in the manufacturing of beverages. Infant formula segment is anticipated to grow at the uppermost CAGR through the forecast duration.
- Carton packaging accounted for the largest revenue in the packaging segment. Low cost and ease of transportation is the key reason for high market share. The use of environment-friendly raw materials for the production of cartons is expected to assist the packaging type to retain its market dominance.
- The a2 Milk Company Limited and Fonterra accounted for a significant share of the global A2 milk market in 2020.
- Fonterra Co-operative Group
- Amul (GCMMF)
- The a2 Milk Company Limited
- Freedom Foods Group Limited
- Nestlé S.A.
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Overview of the Study
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume). This report also studies global market prominence, competitive landscape, market share, growth rate, market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Key Points of the Global A2 Milk Market Report:
The report provides a basic overview of the A2 Milk industry including its definition, applications, and manufacturing technology.
The report also explores the major international players in detail. In this part, the report presents the company profile, product specifications, capacity, and production value up to ‘2030 year’, along with the market shares for each company.
Through the statistical analysis, the study depicts the global market for A2 Milk including capacity, production, production value, cost/profit, and supply/demand from an international perspective.
Considering segmentation, the market is divided in terms of product, end-use, company, region, and other important aspects. Each of these categories forms an important base point for the competitive landscape analysis.
The report then estimates the market development and trends of the A2 Milk industry up to 2030.
The report hints at crucial information associated with new market developments being undertaken in the A2 Milk industry before evaluating its feasibility.
- Infant Formula
- Milk-based Beverages
- Bakery & Confectionery
- Dairy Products
- Carton Packaging
- Glass Bottles
- Plastic Pouches & Bottles
By Distribution Channel
- Online Stores
- Grocery and Convenience Stores
- Hypermarkets and Supermarkets
Reasons to Purchase this Report:
Estimates A2 Milk development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
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