Global A2 milk market is projected to develop at about 22.7% CAGR during the forecast period, attaining a worth of US$ 22,783 million by 2026.
New York, United States - October 23, 2020 /MarketersMedia/ —
As per the report released by Zion Market Research, the global A2 milk market is projected to develop at about 22.7% CAGR during the forecast period, attaining a worth of US$ 22,783 million by 2026. The key players active in the global A2 milk market consist of The A2 Milk Company Limited, Jersey Dairy, Pura, Amul, Dairy Farmers, MLK A2 Cow Milk, and Fonterra, among others.
Increasing Level Of A2 Milk Production Likely To Boost The Market Growth
The growth of the global A2 milk market is majorly driven by the increasing level of A2 milk production along with the rising disposable income. Further, the rising alertness about the A2 milk among the customers relating to the A2 milk quality and rising customer shift to A2 milk from normal milk is also anticipated to propel the demand for A2 milk in the coming period. Nevertheless, elevated costs of A2 milk together with the availability of alternatives for these A2 milk and dearth of appropriate scientific proof about the benefits of A2 milk are few aspects that might obstruct the growth of the A2 milk market during the forecast period. Several people face issues associated with milk digestion and are scared of devouring regular milk as they experience swelling and gas. A2 milk is unproblematic for digestion as it entails only A2-beta-casein protein. Thus, it is expected to bring up several revenue-generating opportunities for market players during the forecast period.
Bottles, Based On Packaging Segment, Is Expected To Capture Maximum Market Share
The global A2 milk market is bifurcated based on form, nature, application, packaging, distribution channel, and region. The bottles, based on the packaging segment, are expected to rule the market during the forecast period. This expansion can be attributed to the ease to carry these A2 milk bottles along with their cost-effectiveness. The store-based segment, based on the distribution channel segment, is anticipated to govern the market during the forecast period.
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North America To Rule The Global Market During The Forecast Period
The A2 milk market within North America registers the key share and is projected to witness substantial growth during the years to come. The expansion in this region is credited to the rising A2 milk consumption together with the rising disposable income and strict government programs with structured backing for product expansion in nations in this region. further, Asia Pacific market is also anticipated to witness the rapid expansion in the coming period as a result of the rising urbanization that is inclined to the consumption of packaged milk in India and China, thus propelling the market expansion in this region.
The global A2 milk market is segmented as follows:
By Nature
Conventional
Organic
By Form
Powder
Liquid
By Packaging
Glass Bottles
Plastic Bottles & Pouches
Carton Packaging
Cans
By Application
Infant Formula
Dairy Products
Bakery & Confectionary
Milk & Milk-based Beverages
By Distribution Channel
B2B
B2C
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Browse TOC of this Report @ https://www.zionmarketresearch.com/toc/a2-milk-market
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Source: MarketersMedia
Release ID: 88982166
