The A2 Milk by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s A2 Milk, 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. .
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.
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The A2 milk market covered in this report is segmented –
1) A2 Milk Market By Form: Liquid, Powder
2) A2 Milk Market By Packaging: Carton Packaging, Glass Bottles, Cans, Plastic Pouches And Bottles
3) A2 Milk Market By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retail, Other Distribution Channels
4) A2 Milk Market By Application: Infant Formula, Milk-Based Beverages, Bakery And Confectionery, Dairy Products
Top Major Players
Anand Milk Union Limited
Erden Creamery Private Limited
Ripley Farms LLC
The a2 Milk Company Limited
Urban Farms Inc.
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 report table of contents includes:
1. Executive Summary
2. A2 Milk Market Characteristics
3. A2 Milk Market Trends And Strategies
4. A2 Milk Market – Macro Economic Scenario
5. Global A2 Milk Market Size and Growth
……..
31. Global A2 Milk Market Competitive Benchmarking
32. Global A2 Milk Market Competitive Dashboard
33. Key Mergers And Acquisitions In The A2 Milk Market
34. A2 Milk Market Future Outlook and Potential Analysis
35. Appendix
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