Global A2 Milk Market Size, Share, and COVID-19 Impact Analysis, By Product (Liquid, and Powder) By Packaging (Carton Packaging, Glass Bottles, Cans, Plastic Pouch, and Others) By Distribution Channel (Hypermarkets and Supermarkets, Online Stores, Convenience and Grocery Stores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

Industry: Food & Beverages

RELEASE DATE Feb 2024
REPORT ID SI3704
PAGES 200
REPORT FORMAT PathSoft

Global A2 Milk Market Size to Insights Forecasts to 2033.

  • The Global A2 Milk Market Size was Valued at USD 2.63 Billion in 2023.
  • The Market Size is Growing at a CAGR of 17.4% From 2023 to 2033.
  • The Worldwide A2 Milk Market Size is Expected to Reach USD 13.18 Billion by 2033.
  • Europe is Expected to Grow the Fastest during the Forecast period.

Global A2 Milk Market

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The Global A2 Milk Market Size is Anticipated to Exceed USD 13.18 Billion by 2033, Growing at a CAGR of 17.4% From 2023 to 2033.

 

Market Overview

The beta-casein protein in A2 cow's milk is significantly reduced or absent in A1 milk, with the exception of a small amount present in the A2 form. Since A2 milk has more protein, vitamin A, calcium, vitamin D, and cream than A1 milk, it is healthier. Older cow breeds, such as Guernsey, Limousin, Charolais, and Jersey, are the source of A2 milk. For consumers who have discomfort when ingesting ordinary milk, A2 milk is easier to digest. It helps with discomfort in the digestive system, increases the absorption of nutrients, and lowers the risk of heart disease, autoimmune disorders, weakened immune systems, and neurological impairment. The general public's increased awareness of the importance of health and well-being has led to an increase in the desire for functional beverages that offer digestive benefit, these factors could propel the expansion of the global A2 milk market over the forecast period. The way that A2 protein is formed is more like that of goat, sheep, and buffalo milk than it is like human breast milk. The demand for the global A2 milk market has also been greatly driven by elements including rising consumer expenditure and greater product awareness and expertise as a result of advertising. A2 milk's simple availability through various online retail channels, such as grocery or food delivery applications, is another factor driving the growth of the global A2 milk market. These channels provide convenience and rapid and free shipment. Moreover, the global A2 milk market is growing due to the rising usage of A2 milk in the manufacturing of skincare and cosmetic items such as lotions, cleansers, moisturizers, shampoos, and conditioners.

 

Report Coverage

This research report categorizes the market for the global A2 milk market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global A2 milk market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global A2 milk market.

Global A2 Milk Market Report Coverage

Report CoverageDetails
Base Year:2022
Market Size in 2022:USD 2.63 Billion
Forecast Period: 2023-2033
Forecast Period 2023-2033 CAGR:17.4%
2033 Value Projection:USD 13.18 Billion
Historical Data for: 2018-2021
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Product, By Packaging, By Distribution, By Region, and COVID-19 Impact Analysis
Companies Covered: Gujarat Cooperative Milk Marketing Federation Ltd., Ratnawali Dairy Products LLP, FREEDOM FOODS GROUP LIMITED, Provilac Dairy Farms Private Limited, Fonterra Cooperative Group Limited, Vietnam Dairy Products Joint Stock Company, The A2 Milk Company Limited, Vedaaz Organics Pvt. Ltd., Erden Creamery Private Limited, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

A key driver of the global A2 milk market's expansion is rising consumer knowledge of the product's health advantages. Regular cow's milk contains both A1 and A2 beta-casein protein; A2 milk only contains A2 beta-casein. This makes A2 milk different from regular cow's milk. Furthermore, mother's milk contains A2 protein, which is A2 grade milk is regarded as being identical to mother's milk. Because the A2 beta-casein protein in this milk and its related products is identical to that in breast milk, these milk types are being utilized in infant formulas more and more. Additionally, a lot of producers use A2 beta-casein milk to make baby food. Every year, several innovative baby food products are introduced by different manufacturers, driving up demand for these products.

 

Restraining Factors

The growth of the global A2 milk market hampered by the high cost of A2 milk. Due to an imbalance in the supply and demand for this grade of milk, A2 milk is more expensive than A1 milk. A2-grade milk has a better overall value and is utilized more frequently in food products due to its high nutritional content. Indian-originated cows yield A2 milk, but they produce less of it per cow. A1 beta-casein milk-producing cows are probably larger producers than A2 beta-casein milk. Consequently, the majority of businesses started selling A1 milk to make milk reasonably priced for the general population. These variables may hamper the expansion of the global A2 milk market.

 

Market Segmentation

The Global A2 Milk Market share is classified into product, packaging, distribution channel

  • The liquid segment is expected to hold the largest share of the global A2 milk market during the forecast period.   

Based on the product, the global A2 milk market is divided into liquid, and powder. Among these, the liquid segment is expected to hold the largest share of the global A2 milk market during the forecast period. Liquid products made up a larger portion of market revenue due to their widespread popularity and ease of use. These vitamins aid in preserving the neurological system's health. Furthermore, fresh A2 milk contains higher levels of selenium and phosphorus than powdered milk.

 

  • The carton packaging segment is expected to grow at the fastest pace in the global A2 milk market during the forecast period.    

Based on the packaging, the global A2 milk market is divided into carton packaging, glass bottles, cans, plastic pouch, and others. Among these, the carton packaging segment is expected to grow at the fastest pace in the global A2 milk market during the forecast period. Because it is a practical and secure way to store food, this kind of carton packaging is extensively utilized in the dairy business. Furthermore, it prolongs the product's durability and contributes to its protection. The expansion of the carton packaging segment in the global A2 milk market is also significantly influenced by the low rate of the carton.

 

  • The hypermarkets and supermarkets segment is expected to grow at the greatest pace in the global A2 milk market during the forecast period.

Based on the distribution channel, the global A2 milk market is divided into hypermarkets and supermarkets, online stores, convenience and grocery stores, and others. Among these, the hypermarkets and supermarkets segment is expected to grow at the greatest pace in the global A2 milk market during the forecast period. The availability of a large variety of products in stores and the expansion of hypermarkets and supermarkets are the main drivers propelling the growth of this industry. Dairy-based items are kept on temperature-controlled shelves in supermarkets and hypermarkets to prevent spoiling. These retailers offer everyday necessities to consumers at more affordable prices, which is projected to propel the hypermarkets and supermarkets segment of the global A2 milk market expansion in the upcoming years.

 

Regional Segment Analysis of the Global A2 Milk Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is anticipated to hold the largest share of the global A2 milk market over the predicted timeframe.

Global A2 Milk Market

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Asia Pacific is anticipated to hold the largest share of the global A2 milk market over the predicted timeframe. This is because expanding economies like China and India are becoming more aware of the many advantages that A2 beta-casein milk offers and the Asia Pacific region is becoming recognized as a very profitable market. Due mainly to the region's booming dairy industry and the availability of A2 breed cows, demand has further spurred production of this commodity in the area. Since these companies do not invest much in research and innovation capabilities, they are unable to remove new or improved products from the global A2 milk market, which results in an exceptionally low number of new products being released into the market.

 

Europe is expected to grow at the fastest pace in the global A2 milk market during the forecast period. This is because of the increased demand for healthier dairy products and the availability of cow breeds that are necessary for producing a2 milk, this region is one of the most well-known producers and consumers of A2 milk. A2 milk products with high levels of innovation and premiumization are finding new homes in some larger countries, such as Germany and the United Kingdom, as demand for A2 milk grows. Due to the high prevalence of lactose intolerance in European nations, a disproportionately large portion of total revenue comes from the dairy alternative industry.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global A2 milk along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & and acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Gujarat Cooperative Milk Marketing Federation Ltd.
  • Ratnawali Dairy Products LLP
  • FREEDOM FOODS GROUP LIMITED
  • Provilac Dairy Farms Private Limited
  • Fonterra Cooperative Group Limited
  • Vietnam Dairy Products Joint Stock Company
  • The A2 Milk Company Limited
  • Vedaaz Organics Pvt. Ltd.
  • Erden Creamery Private Limited
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In April 2023, the A2 Milk Company USA, a company well-known for products made entirely of the healthier A2 protein, added milk from cows who have access to grass to their lineup. There are substitutes in line for whole and 2% milk.
  • In August 2022, according to the a2 Milk Company, during FY22, it made significant strides toward implementing its revised growth strategy and enhancing performance.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global A2 Milk Market based on the below-mentioned segments: 

 

Global A2 Milk Market, By Product

  • Liquid
  • Powder

 

Global A2 Milk Market, By Packaging

  • Carton Packaging
  • Glass Bottles
  • Cans
  • Plastic Pouch
  • Others

 

Global A2 Milk Market, By Distribution Channel

  • Hypermarkets and Supermarkets
  • Online Stores
  • Convenience and Grocery Stores
  • Others

 

Global A2 Milk Market, By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

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