The latest report by IMARC Group, titled "Donkey Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2028," finds that the global donkey milk market size reached US$ 27.0 Million in 2022. Donkey milk is obtained from female donkeys and is used to produce cheese, chocolates, and cheddar. It has less fat and is rich in vitamins, minerals, proteins, and vitamin D, and does not contain any foodborne pathogens compared to other milk types. It promotes the growth of bacteria and viruses, reduces stomach illnesses, and stimulates the release of powerful immune response cells. It also prevents the build-up of plaque in the arteries and improves blood circulation. Owing to these properties, donkey milk finds extensive applications in the food and beverages (F&B), cosmetics, and personal care industries.
Global Donkey Milk Market Trends:
The market is primarily driven by the rising product adoption in the food and beverage (F&B) industry to produce cheese, chocolates, and cheddar. In addition, the escalating demand for donkey milk among health-conscious individuals and cardiovascular heart patients, as it contains less cholesterol, represents another major growth-inducing factor. Besides this, donkey milk is widely consumed by toddlers with cow milk protein allergies due to its immunity-strengthening properties that protect toddlers from infections and diseases. This, coupled with the rising usage of donkey milk to fight malnutrition, especially in developing countries, as it contains micronutrients, is contributing to market growth. Moreover, the growing product applications in cosmetics, creams, soaps, and moisturizers, as it contains anti-aging and healing properties, are also creating a positive market outlook across the globe. Looking forward, IMARC Group expects the market value to reach US$ 49.7 Million by 2028, exhibiting a CAGR of 10.4% during the forecast period (2023-2028).
- Based on the form, the market has been classified into liquid and powder.
- On the basis of the application, the market has been bifurcated into cosmetics and personal care, and food and beverage.
- Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
- The competitive landscape of the market has been examined in the report, with some 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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