by The global A2 milk market size is projected to reach US$ 31.51 billion by 2030 and is anticipated to grow with a healthy CAGR of 18.6% from 2021 to 2030, according to a new research report by Precedence Research.
Milk consists of various nutrients like fats, vitamins, proteins, minerals which are essential for human body in various biological processes. From these various nutrients, protein is used in various purposes, like making enzymes, hormones, muscles, strengthening bones etc. The two chief proteins found in milk are whey and casein. Casein is present at around 80% in cow’s milk and contains all the vital amino acids. Conventional cows’ milk contains two types of casein proteins namely A1 beta casein and A2 beta casein. Beta-casomorphin-7 is an opioid peptide discharged during the absorption of A1 beta-casein. This is a key reason why conventional milk is regarded as less robust than the A2 milk. Some research groups propose that BCM-7 might be connected to heart disease, digestive problems, type 1 diabetes, autism, and infant death.
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Growth Factors:
Factors such as increasing preference for A2 milk, growing use of A2 milk in infant formula, increasing health consciousness, rapid spread of knowledge related to health and well-being through social media platforms along with traditional advertising mediums, increase in consumer spending in developing regions, rise in disposable income, increasing preference for sustainable and organic products, and launch of new products by multinationals are driving the growth of A2 milk market. Moreover, introduction of food and beverage policies, that mandate the companies to display ingredients and nutritional values on product packaging, are playing a major role in helping the consumers to opt for healthier alternatives.
Research studies have shown increase in gastrointestinal related problems in some people on consuming A1 beta casein containing milk. Also, the consumption of A2 milk indicated minimal or no gastrointestinal problems or discomfort. A2 milk is easily digested as compared to A1 milk, and thus is being wide preferred over A1 milk across the globe leading to market growth. A2 milk has nutritional benefits such as higher protein content, easy digestibility, rich source of calcium, essential vitamins and minerals etc. and is also free of antibiotics and hormones. Due to such health advantages a surge in demand for A2 milk is being observed globally. Also increasing health awareness and growing disposable income has led to preference for A2 milk over conventional milk. A2 milk is also being preferred for manufacturing other dairy products as well as infant formula due to easy digestibility and other health benefits. The increasing demand for dairy products thus augments the demand for A2 milk globally.
A2 Milk Market Estimations Y-O-Y:
Market Size Was Valued In 2021: US$ 9.38 Billion
Market Size Is Projected to Grow By 2022: US$ 10.72 Billion
Market Size Is Projected to Grow By 2023: US$ 12.25 Billion
Market Size Is Projected to Grow By 2024: US$ 140.1 Billion
Market Size Is Projected to Grow By 2025: US$ 16.02 Billion
Market Size Is Projected to Grow By 2026: US$ 18.33 Billion
Market Size Is Projected to Grow By 2027: US$ 20.98 Billion
Market Size Is Projected to Grow By 2028: US$ 24.01 Billion
Market Size Is Projected to Grow By 2029: US$ 27.5 Billion
Market Size Is Projected to Grow By 2030: US$ 31.51 Billion
Compound Annual Growth Rate (CAGR) from 2021 to 2030: 18.6 percent
COVID-19 Impact:
The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The A2 milk report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.
Report Highlights:
- Among the A2 milk form segment, liquid dominated the overall market in 2020. High consumption rate and convenience are the foremost factors attributing to its large market share.
- The milk-based beverages segment accounted for the major share of revenue in the application segment with more than 45% share in 2020 due to high use of A2 milk in the manufacturing of beverages. Infant formula segment is anticipated to grow at the uppermost CAGR through the forecast duration.
- Carton packaging accounted for the largest revenue in the packaging segment. Low cost and ease of transportation is the key reason for high market share. The use of environment-friendly raw materials for the production of cartons is expected to assist the packaging type to retain its market dominance.
- The a2 Milk Company Limited and Fonterra accounted for a significant share of the global A2 milk market in 2020.
Regional Analysis:
The report includes information for Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. In 2020, the Asia Pacific region dominated the worldwide market with a market share of higher than 41%. China and India indicated the highest slice in Asia Pacific principally due to increasing health awareness. Moreover, rising disposable income also supported the high market portion of the African region.
Europe was the subsequent significant market chiefly due to presence of highly developed dairy industry. Growing use of A2 milk in bakery and confectionary products in the European region is also expected to boost the demand for A2 milk in the anticipated time-span. The Asia Pacific region is projected to grow at the highest CAGR of around 18.5% in the estimate period. Africa, Latin America, and Middle Eastern regions are expected to display noticeable growth in the forecast duration.
Key Players:
The A2 milk market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview, and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research.
Some of the prominent players in the A2 milk market include:
- Fonterra Co-operative Group
- Amul (GCMMF)
- Provilac
- The a2 Milk Company Limited
- Freedom Foods Group Limited
- Vinamilk
- Nestlé S.A.
In order to well recognize the present status of A2 milk, and policies implemented by the foremost nations, Precedence Research projected the future progress of the A2 milk market. This research report bids quantitative and qualitative insights on A2 milk market and valuation of market size and progress trend for probable market segments.
Recent Developments in Global A2 Milk Market:
- In December 2019, the a2 milk company entered into collaboration with Yuhan pharmaceuticals to introduce a2 Platinum infant formulation products in South Korea.
- In June 2018, the a2 milk company broadcasted the launch of premium a2 Milk powder in combination with Mānuka honey, uniting the benefits of the Mānuka honey UMF 10+ from New Zealand with unadulterated and organic A2 milk for a pleasant and calcium-abundant beverage.
Major Market Segments Covered:
By Form
- Powder
- Liquid
By Application
- Infant Formula
- Milk-based Beverages
- Bakery & Confectionery
- Dairy Products
By Packaging
- Carton Packaging
- Glass Bottles
- Cans
- Plastic Pouches & Bottles
By Distribution Channel
- Online Stores
- Grocery and Convenience Stores
- Hypermarkets and Supermarkets
- Others
By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- United Kingdom
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. A2 Milk Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on A2 Milk Market
5.1. Covid-19: A2 Milk Industry Impact
5.2. A2 Milk Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and A2 Milk Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for A2 Milk Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. A2 Milk Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing preference for A2 milk
6.1.1.2. Growing use of A2 milk in infant formula
6.1.2. Market Restraints
6.1.2.1. High price
6.1.3. Market Opportunities
6.1.3.1. Increasing preference for sustainable and organic products
6.1.3.2. Launch of new products by multinationals
Chapter 7. Global A2 Milk Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. A2 Milk Market Revenue by Market Players (2016 -2019)
7.1.1.2. A2 Milk Market Revenue Market Share by Market Players (2016 -2019)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global A2 Milk Market, By Form
8.1. A2 Milk Market, by Form, 2017-2030
8.1.1. Powder
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Liquid
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global A2 Milk Market, By Application
9.1. A2 Milk Market, by Application, 2017-2030
9.1.1. Infant Formula
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Milk-based Beverages
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Bakery & Confectionery
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Dairy Products
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global A2 Milk Market, By Packaging
10.1. A2 Milk Market, by Packaging, 2017-2030
10.1.1. Carton Packaging
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Glass Bottles
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Cans
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Plastic Pouches & Bottles
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global A2 Milk Market, By Distribution Channel
11.1. A2 Milk Market, by Packaging, 2017-2030
11.1.1. Online Stores
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Grocery and Convenience Stores
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Hypermarkets and Supermarkets
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global A2 Milk Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue Forecast by Form(2017-2030)
12.1.2. Market Revenue Forecast by Application (2017-2030)
12.1.3. Market Revenue Forecast by Packaging (2017-2030)
12.1.4. Market Revenue Forecast by Distribution Channel (2017-2030)
12.1.5. U.S
12.1.5.1. Market Revenue Forecast (2017-2030)
12.1.6. Canada
12.1.6.1. Market Revenue Forecast (2017-2030)
12.2. Europe
12.2.1. Market Revenue Forecast by Form (2017-2030)
12.2.2. Market Revenue Forecast by Application (2017-2030)
12.2.3. Market Revenue Forecast by Packaging (2017-2030)
12.2.4. Market Revenue Forecast by Distribution Channel (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue Forecast (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue Forecast (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue Forecast (2017-2030)
12.2.8. Rest of EU
12.2.8.1. Market Revenue Forecast (2017-2030)
12.3. Asia Pacific (APAC)
12.3.1. Market Revenue Forecast by Form (2017-2030)
12.3.2. Market Revenue Forecast by Application (2017-2030)
12.3.3. Market Revenue Forecast by Packaging (2017-2030)
12.3.4. Market Revenue Forecast by Distribution Channel (2017-2030)
12.3.5. China
12.3.5.1. Market Revenue Forecast (2017-2030)
12.3.6. India
12.3.6.1. Market Revenue Forecast (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue Forecast (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue Forecast (2017-2030)
12.4. LATAM
12.4.1. Market Revenue Forecast by Form (2017-2030)
12.4.2. Market Revenue Forecast by Application (2017-2030)
12.4.3. Market Revenue Forecast by Packaging (2017-2030)
12.4.4. Market Revenue Forecast by Distribution Channel (2017-2030)
12.4.5. Brazil
12.4.5.1. Market Revenue Forecast (2017-2030)
12.4.6. Rest of LATAM
12.4.6.1. Market Revenue Forecast (2017-2030)
12.5. Middle East and Africa (MEA)
12.5.1. Market Revenue Forecast by Form (2017-2030)
12.5.2. Market Revenue Forecast by Application (2017-2030)
12.5.3. Market Revenue Forecast by Packaging (2017-2030)
12.5.4. Market Revenue Forecast by Distribution Channel (2017-2030)
12.5.5. GCC
12.5.5.1. Market Revenue Forecast (2017-2030)
12.5.6. North Africa
12.5.6.1. Market Revenue Forecast (2017-2030)
12.5.7. South Africa
12.5.7.1. Market Revenue Forecast (2017-2030)
12.5.8. Rest of MEA
12.5.8.1. Market Revenue Forecast (2017-2030)
Chapter 13. Company Profiles
13.1. Fonterra Co-operative Group
13.1.1. Company Overview, Business Information, Regional Presence
13.1.2. Product Portfolio Analysis
13.1.2.1. Product Details, Specification, Application
13.1.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.1.4. Recent Developments and Strategies
13.2. Amul (GCMMF)
13.2.1. Company Overview, Business Information, Regional Presence
13.2.2. Product Portfolio Analysis
13.2.2.1. Product Details, Specification, Application
13.2.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.2.4. Recent Developments and Strategies
13.3. Provilac
13.3.1. Company Overview, Business Information, Regional Presence
13.3.2. Product Portfolio Analysis
13.3.2.1. Product Details, Specification, Application
13.3.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.3.4. Recent Developments and Strategies
13.4. The a2 Milk Company Limited
13.4.1. Company Overview, Business Information, Regional Presence
13.4.2. Product Portfolio Analysis
13.4.2.1. Product Details, Specification, Application
13.4.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.4.4. Recent Developments and Strategies
13.5. Freedom Foods Group Limited
13.5.1. Company Overview, Business Information, Regional Presence
13.5.2. Product Portfolio Analysis
13.5.2.1. Product Details, Specification, Application
13.5.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.5.4. Recent Developments and Strategies
13.6. Vinamilk
13.6.1. Company Overview, Business Information, Regional Presence
13.6.2. Product Portfolio Analysis
13.6.2.1. Product Details, Specification, Application
13.6.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.6.4. Recent Developments and Strategies
13.7. Nestlé S.A.
13.7.1. Company Overview, Business Information, Regional Presence
13.7.2. Product Portfolio Analysis
13.7.2.1. Product Details, Specification, Application
13.7.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.7.4. Recent Developments and Strategies
13.8. Company 8
13.8.1. Company Overview, Business Information, Regional Presence
13.8.2. Product Portfolio Analysis
13.8.2.1. Product Details, Specification, Application
13.8.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.8.4. Recent Developments and Strategies
13.9. Company 9
13.9.1. Company Overview, Business Information, Regional Presence
13.9.2. Product Portfolio Analysis
13.9.2.1. Product Details, Specification, Application
13.9.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.9.4. Recent Developments and Strategies
13.10. Company 10
13.10.1. Company Overview, Business Information, Regional Presence
13.10.2. Product Portfolio Analysis
13.10.2.1. Product Details, Specification, Application
13.10.3. Revenue, Price, and Gross Margin (2016 – 2019)
13.10.4. Recent Developments and Strategies
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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