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According to the estimates by IMARC Group, the global A2 milk market is expected to reach a value of US$ 25.39 Billion by 2027, exhibiting a CAGR of 17.1% during 2022-2027.
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 majority of the total global market.
Region-wise, the market has been classified into Oceania, Asia, North America, and Europe, where Oceania exhibits a clear dominance in the market.
The global A2 milk market reached a value of US$ 9.75 Billion in 2021.
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