PUBLISHER: Polaris Market Research | PRODUCT CODE: 1175531
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1175531
The global A2 milk market size is expected to reach USD 4.83 billion by 2030, according to a new study by Polaris Market Research. The report "A2 Milk Market Share, Size, Trends, Industry Analysis Report, By Form (Liquid, Powder); By Distribution Channel; By Region; Segment Forecast, 2022-2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global trend toward healthier cow-milk substitutes has contributed significantly to an increase in the demand for A2 milk. Functional beverages that improve digestion are increasingly in demand. The development in consumer health consciousness, increase in consumer spending, and increase in product awareness & knowledge through advertisements have all contributed to the demand for a2 milk.
As customers seek healthier milk substitutes to reduce their chance of developing conditions like diabetes, obesity, and cardiovascular diseases, the market for A2 milk is growing. Because they offer more health benefits, customers are lured to milk substitutes fortified with vitamins and minerals. As more mothers opt for nutritious infant formula and become more knowledgeable about A2 beta-casein, the market is growing.
According to Dairy Reporter 2022, China accounted for the majority of the gain, with China label and English label newborn milk formula sales increasing by 12.2 percent and 11.6 percent, respectively. Consumption of a2 Zhi Chu, in particular, has increased over the years, and is present in retail and online outlets. For instance, there were around 22.8k, in June 2021, to 26.5k in June, 2022, selling this product at their store.
Market supply networks have suffered because of the COVID-19 epidemic. The unexpected shutdown in various nations has affected the availability of raw materials for production, packing, and transportation. The entire supply chain has been impacted due to the global market. The severe effects of COVID-19 on numerous channels have also reduced the demand for dairy goods. Due to the persistent efforts of major players and manufacturers, the current state of the worldwide market is steady. In the near future, industry revenue is anticipated to increase due to the current situation's global market.
In order to cut the expense of middlemen and boost profit margins, most dairy producers have agreed to a direct distribution channel for A2 milk. Due to the customers' pandemic-related buying habits, retail sales of A2 milk increased during the early phases of the epidemic. Through reseller networks and online sales, particularly in China and Australia, The A2 Milk Company, a prominent player in the A2 milk business, saw an increase in revenues. However, the global market has grown, and out-of-home sales of A2 milk have increased as the epidemic's impacts wane and countries return to their pre-pandemic levels.
A2 Milk Market Report Highlights
In 2021, the liquid form of A2 milk dominated the market internationally. Consumers like fresh milk because it contains calcium, vitamins, and proteins. Due to their accessibility and extensive use, liquid products significantly contributed to market revenue.
Supermarkets and hypermarkets had the greatest revenue share category, in 2021. The major factors driving the segment's growth are the spread of supermarkets and hypermarkets as well as the accessibility of a wide range of goods in stores.
The Asia pacific, the biggest market share in 2021 is expected to see a considerable gain throughout the A2 milk industry projection period. The area is considered an important market since developing nations like China and India are becoming more aware of the advantages of A2 beta-casein milk.
Major players operating in the market include GCMMF, the A2 Milk Company, Vinamilk, Ratnawali Dairy Products, Vedaaz Organics, and others.
Polaris Market Research has segmented the A2 Milk Market report based on form, distribution channel, and region:
A2 Milk, Form Outlook (Revenue - USD Billion, 2018 - 2030)
Liquid
Powder
A2 Milk, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Others
A2 Milk, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1 Global A2 Milk Market, 2018 - 2030 (USD Billion)
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
Figure 4 Market by Geography
Figure 5 Porter's Five Forces
Figure 6 Market by Distribution Channel
Figure 7 Global A2 Milk Market, by Distribution Channel, 2021 & 2030 (USD Billion)
Figure 8 Market by Form
Figure 9 Global A2 Milk Market, by Form, 2021 & 2030 (USD Billion)
Figure 10 A2 Milk Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 11 Strategic Analysis - A2 Milk Market