Pune, India, May 07, 2019 (GLOBE NEWSWIRE) -- A2 Milk Market is poised to touch USD 13,970 Mn by 2025 at an impressive 14.6% CAGR during the forecast period (2018-2025), reveals the latest report by Market Research Future (MRFR).
Market Analysis
The Global A2 Milk Market is consolidated with a handful of key players leading the sector, says Market Research Future Reports. According to the reports published by Market Research Future Reports states that the market is expected to gain a valuation of USD 13,970.0 million by 2025, as it is proliferating rapidly at a mark of 14.6% CAGR. The expansion of milk protein has galvanized the demand for A2 milk in the past few years. The proposed market report of Market Research Future Reports on the global A2 milk market assesses prospects in the current scenario and provides latest updates and detailed insights corresponding to different segments involved in the global A2 milk market during the forecast period by 2025.
A2 milk is a category of cow milk which is characterized by the absence of A1 β-casein proteins. The consumption of A2 milk is advantageous to prevent symptoms of stomach discomfort that usually occur after consuming intolerant dairy products and causes gas, bloating, and diarrhea. Besides this, A2 milk is a rich source of omega-3 fatty acids as well, which aid in the progress and development of the human body. These days, the escalating income levels along with the growing awareness about the nutritive benefits of A2 milk have enthused the growth of the market globally. Even several companies are also increasing their product bases like A2 based liquid milk, baby food, instant milk formula, and more to cater to a diverse group of consumers across the world. For instance, in February 2018, Nestle S.A. launched Illuma Two Stage 3, an infant formula containing A2 beta-casein protein, in China. This was a grand approach towards the supply of A2 milk among the population with concern to health.
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The use of A2 milk is gaining traction among consumers, globally, hence accessing the demand of it in substantial ways. Such demand is catering among people owing to the numerous health benefits offered by the consumption of A2 milk. This is resulting in boosting of immunity, increases metabolism rate and promoting mental growth as well. These are some of the most prominent factors that are thriving the global A2 milk market and will continue to expand by the year 2025 due to its more advantageous approaches. With the exposure of several hypermarkets, supermarkets, as well as online stores are probable to boost the sales of A2 milk as it is mainly sold through organized retail roofs. This market is still untapped but has the utmost growth potential, which is why A2 milk is rapidly gaining popularity with increasing consumption of dairy products across the world.
However, on the flip side, the rising prices of A2 milk coupled with the availability of cheaper and vegan substitutes, hence, represent as challenges that are faced by the manufacturers. Besides this, the lack of proper scientific evidence regarding the benefits of A2 milk also can hamper the growth of the market. However, these days, a lot of A2 Milk manufacturer companies are building keen brand awareness and market position across the world by investing robustly in brand advertising and launching new products with various benefits for all. The A2 milk business continues to grow with new products launched in FY18 including a2 Platinum, premium stage 4 junior milk drink, Premium a2 Milk powder blended with Manuka honey and a2 Platinum, Premium Pregnancy milk formula (for women pre, during and post pregnancy).
Key Players and Industry Buzz
The essential competitors shaping the global A2 milk market are The A2 milk Co., Ltd. (New Zealand), Freedom Foods Group Ltd. (Australia), Ripley Farms LLC. (US), Nestle SA (Switzerland), Vinamilk (Vietnam), China Mengniu Dairy Co. Ltd. (China), and Westland Cooperative Dairy Co., Ltd. (New Zealand).
February 20, 2019: New Zealand’s A2 Milk Company Ltd. reported that more than 50 percent jump in first-half net profit for the 2019 financial year, helped by thriving demand for its products in China. The net profit was NZ$152.7 million ($105.07 million) for the six months to Dec. 31, compared with NZ$98.5 million a year earlier.
Market Segmentation
The future looks bright for the Global A2 Milk Market. Upon this, Market Research Future Report offers a comprehensive segmental analysis of global A2 milk market, which is carried out on the basis of breed, packaging, and distribution channel.
By the mode of the breed, this market segment includes Guernsey, Jersey, Holstein, Brown Swiss, and others. Wherein, the Holstein segment is likely to lead the market by registering the highest CAGR to reach USD 3,948.6 million by the end of 2025 and are accounted to be the highest milk production animals across the globe. The Jersey segment also grasps a substantial market share of the global A2 milk market which is probably to exhibit a high growth rate from 2018 to 2025. Moreover, jersey milk is gaining a considerable amount of traction in countries where butter is a chief product. Regions such as Denmark and New Zealand are the one ruling regional segment owing to the abundant production of butterfat content.
By the mode of packaging, this market segment has been segmented into bottles, cartons, and others. Wherein, bottles account for the extreme share in A2 milk market since these are cost-effective, easy to carry and store.
By the mode of distribution channel, this market segment has been segmented into store-based and non-store based. Wherein, the store-based segment has been causing the supreme revenue in A2 milk market owing to the existence of strong vendor networks on a global level.
Browse the market data and information spread across 115 pages with 101 data tables and 44 figures of the report “A2 Milk Market Report - Forecast 2018-2025” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/a2-milk-market-6495
Regional Analysis
The regional evaluation of global A2 Milk Market includes regions such as North America, Europe, Asia-Pacific and Rest of The World. The Asia-Pacific region has been accounted for having the largest market share of 40.88% in 2017, where the regional market is anticipated to register a substantial CAGR entire+ the forecast period. In this region, Australia & New Zealand are known to be one of the leading markets, hence, accounting for the largest market share in the assessment. However, the Indian market is probably to display the highest growth rate of 15.3% during the forecast period of 2018 to 2025. Then comes the North American market, that has observed to exceed USD 4,759.6 million by 2025. As several dairy farms are slowly switching to cattle breeds such as Guernsey and Jersey, in the region, the cows are predominantly producing A2 milk. With that, the presence of market players, who are constantly focusing on expanding their reach in the US through retail chains such as Walmart, Kroger, and Costco are also contributing to the best for the market of A2 milk to expand rapidly. North America region is also multiplying in the A2 milk market due to the rising awareness about health concern and the ill effects of A1 proteins. Also, the high living standards of consumers have made them consume A2 milk exponentially. Whereas, some major A2 milk producing companies are also active in researching and developing products based on A2 milk to lift the market growth for A2 milk in this region.
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