The A2 Milk Global Market Report 2023, provides comprehensive information on the A2 milk market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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According to The Business Research Company’s A2 Milk Global Market Report for 2023, it is anticipated that the global A2 milk market will experience substantial growth. In 2022, the market size stood at $1.79 billion, and this figure is projected to surge to $2.09 billion by 2023, representing an impressive compound annual growth rate (CAGR) of 16.6%. This growth trajectory is indeed noteworthy, but it occurs against the backdrop of a geopolitical event that has introduced significant economic uncertainties into the global landscape.
The Russia-Ukraine conflict, which has unfolded in recent times, has cast a shadow over the prospects of a swift global economic recovery from the COVID-19 pandemic. The short-term implications of this war have been far-reaching, as it has triggered the imposition of economic sanctions on various countries, escalated commodity prices, and disrupted supply chains. The ripple effects have caused inflationary pressures to ripple across the spectrum of goods and services, reverberating through numerous markets worldwide.
Looking ahead, the A2 milk market’s evolution is expected to remain robust. By 2027, it is estimated that the global A2 milk market will attain a substantial size of $3.67 billion, maintaining a CAGR of 15.2%.
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This growth is spurred by various factors, and one particularly influential trend is the ongoing surge in product innovations.
In the competitive landscape of the A2 milk market, major industry players are continually striving to introduce innovative products to maintain and enhance their market positions. A case in point is Gerber, a renowned US-based baby food and baby products company. In April 2020, Gerber unveiled the Gerber Good Start A2 Infant Formula and Good Start A2 Toddler Drink, pioneering A2 milk-based products designed specifically for infants and toddlers. These offerings are remarkable for their distinctive composition, comprising an exclusive blend of easily digestible A2 beta-casein protein, along with probiotics and prebiotic HMO (Human Milk Oligosaccharides). This unique combination is crafted to facilitate efficient food digestion, ultimately benefiting the health and well-being of children.
In conclusion, the global A2 milk market is poised for significant expansion, navigating a complex global landscape marked by geopolitical challenges, while product innovations promise to play a pivotal role in shaping its trajectory.
The A2 milk market 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
Top 5 Major Players:
- Anand Milk Union Limited
- Erden Creamery Private Limited
- Ripley Farms LLC
- The a2 Milk Company Limited
- Urban Farms Inc
Asia-Pacific was the largest region in the A2 milk market in 2022.
Table of contents :
1. Executive Summary
2. A2 Milk Market Characteristics
3. A2 Milk Market Trends And Strategies
4. A2 Milk Market – Macro Economic Scenario
5. A2 Milk Market Size And Growth
.
26. Africa A2 Milk Market
27. A2 Milk Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The A2 Milk Market
29. A2 Milk Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global A2 Milk Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global A2 Milk Market, Segmentation By Packaging, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global A2 Milk Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 47: Anand Milk Union Limited Financial Performance
Table 48: Erden Creamery Private Limited Financial Performance
Table 49: Ripley Farms LLC Financial Performance
Table 50: The a2 Milk Company Limited Financial Performance
Table 51: Urban Farms Inc. Financial Performance
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