The global A2 milk market size reached US$ 8.24 Billion in 2020. Looking forward, IMARC Group expects the to reach a value of US$ 21.14 Billion by 2026, exhibiting a CAGR of 17.60% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
A2 milk is a type of cow milk characterized by the absence of A1 β-casein proteins. The consumption of A2 milk is known to prevent the symptoms of stomach discomfort that usually occur after consuming dairy products in lactose intolerant people, such as gas, bloating, and diarrhoea. Besides this, it is a rich source of omega-3 fatty acids which help in the growth and development of the human body. Nowadays, the expanding income levels along with the growing awareness about the nutritional benefits of A2 milk have stimulated the growth of the market worldwide.
Global A2 Milk Industry Drivers/Constraints:
IMARC Group provides an analysis of the key trends in each sub-segment of the global a2 milk market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, distributional and end-use.
Breakup by End-Use:
On the basis of end-use, the market has been segmented into liquid milk, infant formula and other dairy products. Amongst these, liquid milk is the most popular product type, accounting for nearly two-third of the global A2 milk market.
Breakup by Distribution Channel:
Based on distribution channel, supermarkets and hypermarkets represent the largest segment as these stores provide large amount of shelf space and a wider choice of products from different brands. Other major distribution channels are convenience and grocery stores, and online/non-store retailing.
On a geographical front, Oceania enjoys the leading position in the global A2 milk market. This can be accredited to the growing number of dairy companies offering incentives to A2 milk producers in the region. Oceania is followed by Asia, Europe and North America.
The A2 milk market is relatively new and is currently dominated by a few players, however, a number of new regional and global players are emerging. Some of the leading players operating in the market are:
This report provides a deep insight into the global A2 milk market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the A2 milk industry in any manner.
The global A2 milk market reached a value of US$ 8.24 Billion in 2020.
According to the estimates by IMARC Group, the global A2 milk market to reach a value of US$ 21.14 Billion by 2026, exhibiting a CAGR of 17.6% during 2021-2026.
The increasing consumer inclination towards A2 milk owing to its numerous benefits in boosting immunity, enhancing metabolic rate, and promoting mental growth, represents one of the key drivers for the global A2 milk market.
The emergence of diverse A2 milk-based products, including infant formula, butter, cheese, yogurt, etc., represents one of the key trends in the global A2 milk.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary disruption in the supply chain for A2 milk products.
On the basis of the end use, the market has been classified into liquid milk, infant formula, and other dairy products. Amongst these, liquid milk holds majority of the market share.
On the basis of the distribution channel, the market has been classified into supermarkets and hypermarkets, convenience and grocery stores, and online/non-store retailing. Currently, supermarkets and hypermarkets account for the majority of the total market share.
Region-wise, the market has been classified into Oceania, Asia, North America, and Europe, where Oceania exhibits a clear dominance in the market.
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