Global A2 Milk Market Outlook
The global A2 milk market attained a value of above USD 1500 million in 2021. The market is further expected to grow at a CAGR of 14.70% in the forecast period of 2023-2028 to reach more than USD 3415 million by 2027.
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Growing Demand for Liquid A2 Milk to Augment the Growth of the A2 Milk Industry
Based on form, the liquid A2 milk segment accounts for a significant share in the market and is likely to grow robustly in the forecast period. This can be attributed to the growing sales of packaged liquid milk owing to its cost-effectiveness and convenience. The natural flavour and soothing taste of liquid A2 milk is leading to a surge in its consumption, thereby fuelling the market growth. Over the forecast period, the growing trend of regular supply of fresh liquid milk, especially in developed countries, is likely to be a major driving factor in the market for A2 milk. The sales of liquid A2 milk are estimated to be further propelled by the growing awareness about the various health benefits offered by the product. Meanwhile, the powder A2 milk is anticipated to attain a significant growth in the forecast period owing to the high shelf life of the product and its convenience of usage.
The Asia Pacific Accounts for a Considerable Share of the Market for A2 Milk
The growing consumption of milk, especially in the countries like China and India, owing to the rising population, growing disposable income, and rapid urbanisation, among others, is invigorating the growth of the market. Further, the expansion of supermarkets and hypermarkets and the growing inclination towards health and fitness, and the rising prevalence of chronic diseases are likely to bolster the sales of the product. Over the forecast period, the increasing awareness about the various health benefits offered by the A2 milk, especially among the geriatric population, is anticipated to aid the market growth in the region.
A2 Milk: Market Segmentation
A2 milk is defined as the type of cow milk which is free from A1 β-casein protein types. It is rich in omega-3 and is produced by breeds like Jerseys, Asian, and African cows, among others. A2 milk is considered to be a better and healthier alternative to other cow’s milk in the market, due to which its demand is significantly growing.
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Based on form, the market is divided into:
- Liquid
- Powder
On the basis of packaging type, the industry is segmented into:
- Carton
- Bottles
- Others
The distribution channels in the market include:
- Hypermarkets and Supermarkets
- Grocery and Convenience Stores
- Online
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Prevalence of Health-Related Issues to Augment the Growth of the A2 Milk Industry
The global A2 milk industry is being driven by the rising prevalence of diabetes across the globe. As the growing health-conscious population is adopting various preventative measures to reduce the risk of diabetes and cardiovascular issues, the demand for A2 milk that lacks BCM-7 is significantly surging. This, in turn, is driving the market growth. Moreover, the consumption of A2 milk fosters stool consistency and reduces abdominal pain and bloating. Hence, the growing population with gastronomical issues is driving the growth of the A2 milk industry. The rising awareness regarding the health benefits offered by the A2 milk, especially among the young population, is likely to aid the market growth. The market is anticipated to be further augmented by the emergence of e-commerce platforms like Amazon and Walmart, among others, which is surging the accessibility to A2 milk.
Key Industry Players in the Global A2 Milk Market
The report gives a detailed analysis of the following key players in the global A2 milk market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- The a2 Milk Company Limited
- Ripley Farms LLC
- Provilac
- Gujarat Cooperative Milk Marketing Federation Ltd GCMMF (Amul)
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment-Form,Packaging Type,Distribution Channel, Region |
Breakup byForm | Liquid,Powder |
Breakup byPackaging Type | Carton,Bottles,Others |
Breakup byDistribution Channel | Hypermarkets and Supermarkets,Grocery and Convenience Stores,Online,Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | The a2 Milk Company Limited,Ripley Farms LLC,Provilac,Gujarat Cooperative Milk Marketing Federation Ltd GCMMF (Amul),Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global A2 Milk Market Analysis
8.1 Key Industry Highlights
8.2 Global A2 Milk Historical Market (2018-2022)
8.3 Global A2 Milk Market Forecast (2023-2028)
8.4 Global A2 Milk Market by Form
8.4.1 Liquid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global A2 Milk Market by Packaging Type
8.5.1 Carton
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Bottles
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global A2 Milk Market by Distribution Channel
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Grocery and Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Online
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global A2 Milk Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America A2 Milk Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe A2 Milk Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific A2 Milk Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America A2 Milk Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa A2 Milk Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 The a2 Milk Company Limited
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Ripley Farms LLC
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Provilac
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Gujarat Cooperative Milk Marketing Federation Ltd GCMMF (Amul)
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global A2 Milk Market: Key Industry Highlights, 2018 and 2028
2. Global A2 Milk Historical Market: Breakup by Form (USD Million), 2018-2022
3. Global A2 Milk Market Forecast: Breakup by Form (USD Million), 2023-2028
4. Global A2 Milk Historical Market: Breakup by Packaging Type (USD Million), 2018-2022
5. Global A2 Milk Market Forecast: Breakup by Packaging Type (USD Million), 2023-2028
6. Global A2 Milk Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
7. Global A2 Milk Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
8. Global A2 Milk Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global A2 Milk Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America A2 Milk Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America A2 Milk Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe A2 Milk Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe A2 Milk Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific A2 Milk Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific A2 Milk Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America A2 Milk Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America A2 Milk Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa A2 Milk Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa A2 Milk Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global A2 Milk Market Structure