The a2 milk global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
A2 Milk Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The a2 milk market size has grown rapidly in recent years. It will grow from $2.09 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 16.4%. The growth in the historic period can be attributed to perceived digestive benefits, lactose intolerance awareness, dairy allergy considerations, traditional breeding practices, rising health consciousness..
The a2 milk market size is expected to see rapid growth in the next few years. It will grow to $4.2 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to consumer preference for natural products, expansion of distribution channels, government support and regulations, increased awareness of a2 protein types, diversification into non-dairy products.. Major trends in the forecast period include marketing and branding strategies, retailer partnerships, research on potential health benefits, collaborations in the dairy industry, innovation in packaging and product formats. .
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Scope Of A2 Milk Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
A2 Milk Market Overview
Market Drivers –
Increasing cases of lactose intolerance is driving the A2 milk market forward. Lactose intolerance is a condition in which the body is unable to fully digest lactose, which is a type of sugar found in milk and other dairy products. A2 milk is more suitable for lactose intolerant individuals as compared to A1 milk as it has only A2 beta-casein protein in it and can be tolerated by lactose intolerant individuals. For instance, in 2023, according to the National Institutes of Health (NIH), a US-based governmental biomedical research agency, approximately 65% of the world’s population was lactose intolerant. In the US, 50% to 80% of South Americans, 100% of American Indians, and around 60% to 80% of Ashkenazi Jews and Africans were lactose intolerant. As a result, the increasing cases of lactose intolerance is driving the A2 milk market.
Market Trends –
Major companies operating in the A2 milk market are focusing on developing innovating products such as a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk, to provide a competitive edge in the market. The a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk are A2 milk products sourced from cows that naturally produce only the A2 protein. For instance, in April 2023, The a2 Milk Company Limited, a New Zealand-based Dairying company launched a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk. The a2 Milk Grassfed Whole Milk and a2 Milk Grassfed 2% Reduced Fat Milk are Grassfed and Certified Regenerative by AGW (A Greener World), a US-based Non-profit organization that promotes verified farming practices. These products combine the digestive benefits of A2 Milk with the grassfed milk, and provides a new dairy option for health-conscious consumers.
The a2 milk market covered in this report is segmented –
1) By Form: Liquid, Powder
2) By Packaging: Carton Packaging, Glass Bottles, Cans, Plastic Pouches And Bottles
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retail, Other Distribution Channels
4) By Application: Infant Formula, Milk-Based Beverages, Bakery And Confectionery, Dairy Products
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Regional Insights –
Asia-Pacific was the largest region in the A2 milk market in 2023. The regions covered in the a2 milk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the a2 milk market report are Anand Milk Union Limited, Erden Creamery Private Limited, Ripley Farms LLC, The a2 Milk Company Limited, Urban Farms Inc., Vinamilk, Nestle S.A., Vedaaz Organics Pvt. Ltd., Vrindavan Dairy LLP, Sids Farm Private Limited, Happy Milk, Indus Milk, Humpy A2, Alexandre Family Farm, Indigau, Synlait Milk Limited, Freedom Foods Group Limited, Fonterra Co-operative Group Limited, Lion Pty Limited, Parmalat S.p.A., Westland Milk Products, Murray Goulburn Co-operative Co. Limited, Bellamy’s Organic, Milk New Zealand Corporation, Jersey Dairy, Organic Valley, Brownes Dairy, Bubs Australia, Natrel, Snow Brand Milk Products Co. Ltd. .
Table of Contents
1. Executive Summary
2. A2 Milk Market Report Structure
3. A2 Milk Market Trends And Strategies
4. A2 Milk Market – Macro Economic Scenario
5. A2 Milk Market Size And Growth
…..
27. A2 Milk Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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