The Global A2 Milk Market is estimated to be USD 3.52 Bn in 2021 and is expected to reach USD 5.88 Bn by 2026, growing at a CAGR of 10.8%.
The rising amount of disposable income with people in developing countries and the diversity of products that can be obtained from A2 milk are the opportunities for the growth of this market. Though, limited consumer awareness may be a challenge for the growth of the market.
By Form, the market is classified into Liquid and Powder segments. Amongst them, the Liquid segment is expected to dominate the market.
By Packaging, the market is classified into Cans, Carton Packaging, Glass Bottles, and Others. Amongst them, the Carton Packaging segment is expected to grow at the highest CAGR.
By Breed, the market is classified into Brown Swiss, Jersey, Holstein, and Others. Amongst them, the Holstein segment is expected to grow at the highest CAGR.
By Distribution Channel, the market is classified into Supermarkets & Hypermarkets, Grocery & Convenience Stores, Online Retailing, and Others. Amongst all, the Supermarkets & Hypermarkets segment is estimated to hold the highest market share.
By Application, the market is classified into Infant Formula, Bakery & Confectionery, Dairy Products, and Milk & Milk-Based Beverages. Amongst them, the Infant Formula segment is expected to dominate the market.
By Geography, the Asia-Pacific is projected to lead the market.
2. The A2 Milk company recovery depends on reviving the Chinese daigou sales channel - May 10, 2021
3. Bega Cheese Ltd. acquires The Lion Dairy & Drinks (LDD)– Feb 9, 2021
4. Dairy Farmers has expanded its A2 protein milk offering with the release of its new two-litre Full Cream, Lite, and Prebiotic white milk varieties.- June 11, 2020
Market Dynamics
The growing consumer health awareness has led to the search for better alternatives for milk and dairy products. The market for A2 milk has seen considerable growth in the past years. Some of the major factors propelling the growth of the Global A2 Milk Market are the rise in consumer demand for health & wellness products, increase in the application of A2 milk in infant milk formula, rise in prevalence of lactose intolerance, and growing prevalence of gastrointestinal problems associated with conventional milk. However, the high-priced nature of A2 milk products compared to regular milk that contains both A1 & A2 proteins acts as a restraint for the market.The rising amount of disposable income with people in developing countries and the diversity of products that can be obtained from A2 milk are the opportunities for the growth of this market. Though, limited consumer awareness may be a challenge for the growth of the market.
Market Segmentation
The Global A2 Milk Market is segmented further based on Form, Packaging, Breed, Distribution Channel, Application, and Geography.By Form, the market is classified into Liquid and Powder segments. Amongst them, the Liquid segment is expected to dominate the market.
By Packaging, the market is classified into Cans, Carton Packaging, Glass Bottles, and Others. Amongst them, the Carton Packaging segment is expected to grow at the highest CAGR.
By Breed, the market is classified into Brown Swiss, Jersey, Holstein, and Others. Amongst them, the Holstein segment is expected to grow at the highest CAGR.
By Distribution Channel, the market is classified into Supermarkets & Hypermarkets, Grocery & Convenience Stores, Online Retailing, and Others. Amongst all, the Supermarkets & Hypermarkets segment is estimated to hold the highest market share.
By Application, the market is classified into Infant Formula, Bakery & Confectionery, Dairy Products, and Milk & Milk-Based Beverages. Amongst them, the Infant Formula segment is expected to dominate the market.
By Geography, the Asia-Pacific is projected to lead the market.
Recent Developments
1. The A2 Milk Company™ has introduced a premium half and half product made with all-natural a2 Milk® and cream that delivers better taste and better protein. - July 13, 20212. The A2 Milk company recovery depends on reviving the Chinese daigou sales channel - May 10, 2021
3. Bega Cheese Ltd. acquires The Lion Dairy & Drinks (LDD)– Feb 9, 2021
4. Dairy Farmers has expanded its A2 protein milk offering with the release of its new two-litre Full Cream, Lite, and Prebiotic white milk varieties.- June 11, 2020
Company Profiles
Some of the companies covered in this report are The A2 Milk Company Limited, Ripley Farms LLC, Provilac Dairy Farms LLC, Vinamilk, Freedom Foods Group Ltd., Amul, Urban Farms Milk, Erden Creamery Pvt. Ltd., Nestle S.A., Fonterra Co-operative Group Ltd., etc.Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Why buy this report?
- The report offers a comprehensive evaluation of the Global A2 Milk Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global A2 Milk Market
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Report Attribute | Details |
---|---|
No. of Pages | 176 |
Published | October 2021 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD | $ 3520 Million |
Forecasted Market Value ( USD | $ 5880 Million |
Compound Annual Growth Rate | 10.8% |
Regions Covered | Global |
No. of Companies Mentioned | 17 |
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
5 Market Analysis
6 Global A2 Milk Market, By Form
7 Global A2 Milk Market, By Packaging
8 Global A2 Milk Market, By Breed
9 Global A2 Milk Market, By Distribution channel
10 Global A2 Milk Market, By Application
11 Global A2 Milk Market, By Geography
12 Competitive Landscape
13 Company Profiles
14 Appendix
Companies Mentioned
- The A2 Milk Company Ltd.
- Ripley Farms LLC
- Provilac Dairy Farms LLC
- Freedom Foods Group Ltd.
- Vinamilk
- Erden Creamery Pvt. Ltd.
- Taw River Dairy
- Urban Farms Milk
- Amul
- Bega Dairy & Drinks
- Fonterra Co-operative Group Ltd.
- Dairy Farmers
- Godrej Creamline Dairy Products Limited
- Vedaaz Organics Pvt. Ltd.
- Nestle S.A.
- Holland Premium Dairy
- Kimberton Whole Foods