A2 Milk Industry Overview
The global A2 milk market size was valued at USD 2.44 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.3% from 2022 to 2028.
The shifting preference of citizens toward nutritious food across the globe is one of the major factors that propelling the market growth. Moreover, the rising health awareness among the citizens is expected to increase the consumption of the A2 milk and contribute to the market growth over the next few years. Moreover, as compared to traditional milk, A2 milk powder has easily been digested by the human body. All these factors together are expected to contribute to the rise of market revenue and witness the increasing growth during the forecast period. The COVID-19 pandemic gained citizens greater awareness of nutrition, fitness, and immunity to prevent being infected by the virus.
Gather more insights about the market drivers, restrains and growth of the Global A2 Milk Market
Thus, consumers have increased their spending on healthy and nutritious food. The focus on maintaining physical fitness has been a major factor to propel market growth during the COVID-19 era. Thus, the market revenue is expected to witness a positive market growth rate during the pandemic situation.
A2 milk is offered by various producers in liquid and powder form. It is available in different packaging forms, such as cartons and bottles. Moreover, producers are utilizing various distribution channels, supermarkets & hypermarkets, convenience stores, and online to increase revenue. Such as flavors are expected to increase the adoption of products. However, in countries such as U.S., Germany, U.K., and Australia, governments published a regulation to produce and distribute milk and milk products. For instance, in U.S., Food & Drug Administration (FDA) published for produce milk and products.
The rising trend of health consciousness and increasing demand for high nutrition beverage products among youth and millennials are propelling the demand for A2 milk across the globe. On the other hand, as consumers become more worried about their health as a result of rising chronic conditions such as high blood pressure and heart disease, new opportunities for the A2 milk industry will emerge. Additionally, the growing investment by prominent players is also estimated to drive the market. The major key players are procuring organic A2 milk, which is highly recommended in the fitness center to reduce weight. The escalating demand for healthy & energetic beverages for people from the consumers of North America is driving the industry growth.
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Key Companies Profile
Some of the prominent players in the global A2 milk market include:
- Vinamilk
- Freedom Foods Group Limited
- Erden Creamery Private Limited
- Lion Dairy & Drinks
- Vrindavan Dairy Farm
- KESARIYA FARM PRIVATE LIMITED
- SIDS FARM PRIVATE LIMITED
- Happy Milk
- GCMMF
- The a2 Milk Company Limited
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