A2 Milk Market Is Anticipated To Witness High Growth Owing To Increasing Health Awareness Among Consumers
The A2 milk market is primarily engaged in the production and distribution of milk containing only A2 beta-casein protein and the absence of A1 beta-casein protein. A2 milk offers various health benefits such as reduced risk of heart diseases, better digestion and lactose intolerance. The growing consumer awareness regarding the health benefits of A2 milk over regular milk is propelling the growth of the market. Furthermore, rising cases of diabetes, obesity and cardiovascular diseases due to regular milk consumption is fueling the demand for A2 milk across the globe.
The Global A2 Milk Market is estimated to be valued at US$ 2346.17 Bn in 2024 and
is expected to exhibit a CAGR of 10%
over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the A2 milk market are Fisk Alloy, Inc., Southwire
Company, AFL Global, MWS Wire Industries, Copperhead Industries, Shanghai Metal
Corporation (SMC), Zhejiang Baichuan Conductor Technology Co., Ltd,
Zhangjiagang jinxin metal wire Co., LTD, Nehring Electrical Works, General Clad
Co., Ltd, and Jiangsu Greenshine Wire & Cable Co.,Ltd. and others. These players
are focusing on strategic partnerships and collaborations to expand their
market share.
The key opportunities in the A2 milk market include expanding its availability
across convenience stores, pharmacies and online retail channels. Also,
launching new product varieties like A2
Milk Market Demand, yogurt, cheese and butter can create new market
opportunities.
The global players are expanding their presence across Asia Pacific and Latin
American countries owing to rising consumer demand. Large players are investing
in production facilities, dairy farms and cold storage infrastructure in
countries like India, China, Brazil and Mexico to leverage growth
opportunities.
Market Drivers
Increasing prevalence of lactose intolerance: As per studies, nearly 65% of the
world's population is lactose intolerant after infancy leading to digestive
issues upon regular milk consumption. A2 milk aids in better digestion making
it a suitable alternative.
Growing health and wellness trend: Rising health consciousness among people has
increased the demand for functional foods and beverages offering associated
health benefits. A2 milk with its heart-healthy profile fits well with this
trend.
Market Restrains
High prices compared to regular milk: The production and distribution costs of
A2 milk are significantly higher than regular milk due to the beta-casein
separation process involved. This makes it less affordable for price-sensitive
customers.
Limited consumer awareness in developing nations: Developing countries have low
awareness regarding the difference between A2 and A1 milk types. Educating
customers about product benefits in these untapped markets remains a challenge.
Segment Analysis
The a2 milk market is dominated by the liquid milk sub-segment which holds
around 65% of the total market share. The sub-segment is dominating owing to
the easy availability and consumption of liquid milk among general population.
Liquid milk is preferred for daily consumption due to taste, nutritional value
and convenient packaging.
Global Analysis
North America region dominates the global a2 milk market with around 40% share
owing to growing health awareness and increasing dairy product consumption. The
region is expected to continue its dominance during the forecast period as well
owing to investments by key players for product promotion and adoption of
advanced manufacturing technologies in the US and Canada. Asia Pacific is
considered as the fastest growing region in the a2 milk market due to changing
dietary preferences and growing middle class population with increased spending
capability in countries like China and India. countries in Asia Pacific are
likely to boost the demand for nutritional and health beneficial dairy
products.
Get more
insights on: A2
Milk Marketa
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