The global donkey milkmarket size reached US$ 27.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 49.7 Million by 2028, exhibiting a growth rate (CAGR) of 10.4% during 2023-2028.
Donkey milk, obtained from female donkeys, provides vitamins, minerals and proteins. It has less fats and calories but more vitamin D and longer shelf life as it does not contain any foodborne pathogens compared to other milk types. It promotes the growth of bacteria and viruses to reduce stomach illnesses and stimulates the release of powerful immune response cells, such as macrophages, natural killer cells, and cytotoxic T cells. Besides this, as it improves blood circulation and prevents the build-up of plaque in the arteries, donkey milk finds extensive applications in the food and beverages (F&B) and cosmetics and personal care industries.
Donkey Milk Market Trends:
At present, there is a rise in the utilization of donkey milk in the food and beverage (F&B) industry for producing cheese, chocolates and cheddar across the globe. This, along with the growing demand for donkey milk among the health-conscious consumers and cardiovascular heart patients as it contains less cholesterol, represents one of the key factors driving the market. Moreover, there is an increase in the consumption of donkey milk by toddlers who have cow milk protein allergies, which is propelling the growth of the market. This can also be accredited to its immunity strengthening properties that help protect toddlers from infections and diseases. In addition, the growing use of donkey milk for fighting malnutrition, especially in developing countries, as it contains micronutrients is positively influencing the market. Besides this, there is an increase in the application of donkey milk in cosmetics, such as creams, soaps and moisturizers, around the world as it contains anti-ageing and healing properties. This, in confluence with the rising focus of individuals on personal grooming, is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global donkey milkmarket report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on form and application.
Breakup by Form:
Breakup by Application:
Cosmetics and Personal Care
Food and Beverages
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asinus Atlanticus Lda., Dolphin IBA, Eurolactis Italia Srl, Fattoria Donna Tina, Golden Donkeys Farm, Hellenic Asinus Farms, Stephenson Group Ltd, The Donkey Dairy PTY LTD and The White Sea & Baltic Company Limited.
Base Year of the Analysis
Form, Application, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Asinus Atlanticus Lda., Dolphin IBA, Eurolactis Italia Srl, Fattoria Donna Tina, Golden Donkeys Farm, Hellenic Asinus Farms, Stephenson Group Ltd, The Donkey Dairy PTY LTD and The White Sea & Baltic Company Limited.
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Key Questions Answered in This Report
The global donkey milk market was valued at US$ 27.0 Million in 2022.
We expect the global donkey milk market to exhibit a CAGR of 10.4% during 2023-2028.
The rising inclination among the health-conscious consumers and cardiovascular heart patients towards donkey milk, as it contains less cholesterol, is primarily driving the global donkey milk market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of donkey milk.
Based on the form, the global donkey milk market has been segregated into liquid and powder, where powder currently holds the largest market share.
Based on the application, the global donkey milk market can be bifurcated into cosmetics and personal care and food and beverages. Currently, cosmetics and personal care exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global donkey milk market include Asinus Atlanticus Lda., Dolphin IBA, Eurolactis Italia Srl, Fattoria Donna Tina, Golden Donkeys Farm, Hellenic Asinus Farms, Stephenson Group Ltd, The Donkey Dairy PTY LTD, and The White Sea & Baltic Company Limited.
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