Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "A2 Milk Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The rapidly burgeoning A2 milk industry marks a significant surge as a newly released market research report unveils expansive growth, with the Asia-Pacific region taking the lead. The comprehensive analysis discloses that the global market size is projected to climb from a commanding $2.09 billion in 2023 to an impressive $2.43 billion in 2024, illustrating a robust compound annual growth rate (CAGR) of 16.4%.
This upsurge is contributed to an array of determinants, such as the widespread acknowledgment of the digestive health benefits of A2 milk, heightened intolerance to lactose, sensitivity towards dairy allergies, and a prevailing trend of health awareness. These pivotal factors have fueled consumer demand and are projected to continue driving the A2 milk market towards a staggering $4.2 billion by 2028.
Key Market Trends and Growth Drivers
- Market Dynamics: Prominent growth drivers, including escalating lactose intolerance prevalence and a burgeoning infant population, are strongly propelling the A2 milk market forward.
- Innovation and Product Development: Leading companies are persistently pushing the boundaries with innovative products such as a2 Milk Grassfed Whole Milk and specialized infant formulas like A2 Shishu Milk.
- Strategic Acquisitions: Noteworthy strategic movements, such as the acquisition of a majority stake in Mataura Valley Milk by The a2 Milk Company, are reshaping the competitive landscape.
- Geographic Expansion: The Asia-Pacific region's dominance in the A2 milk market highlights significant opportunities for regional growth and market penetration.
The report elucidates the varying facets of the A2 milk market, offering insights into the consumption patterns of liquid and powder forms, and the proliferation of distribution channels such as supermarkets and online retail platforms. With the inclusion of market segments such as infant formula and dairy products, the study provides an indispensable tool for enterprises aiming to comprehend the current dynamics and forecast future trends.
The analysis within this detailed research report delves into the consumption values within specified geographies, providing a thorough understanding of the revenues generated by organizations within the A2 milk market, without the integration of resales along the supply chain.
This research report stands as a quintessential synthesis of market statistics, regional shares, competitive landscapes, and comprehensive segmentation, furnishing industry professionals with the knowledge imperative for informed decision-making and strategic planning.
For those seeking to enhance their grasp on the subject matter, the report presents an in-depth perspective of the current and future landscapes of the A2 milk industry.
Market Outlook
As the healthcare sector underscores the importance of dietary choices corresponding to personal health conditions, A2 milk is poised to become an even more integral component of consumer choices, facilitating the market's expansion and progression. The stakeholders are gearing up for a thriving trajectory as the market evolves with new paradigms in health consciousness and dietary trends.
With comprehensive data and analysis, the newly published market research report offers a solid foundation for stakeholders to navigate the dynamic course of the A2 milk industry and seize looming opportunities for growth and innovation.
The industry can anticipate a flourishing future as it continues to leverage advanced research, strategic business approaches, and consumer-driven product development, setting the stage for the lasting prosperity of the A2 milk market.
A selection of companies mentioned in this report includes
- Anand Milk Union Limited
- Erden Creamery Private Limited
- Ripley Farms LLC
- The a2 Milk Company Limited
- Urban Farms Inc.
- Vinamilk
- Nestle S.A.
- Vedaaz Organics Pvt. Ltd.
- Vrindavan Dairy LLP
- Sids Farm Private Limited
- Happy Milk
- Indus Milk
- Humpy A2
- Alexandre Family Farm
- Indigau
- Synlait Milk Limited
- Freedom Foods Group Limited
- Fonterra Co-operative Group Limited
- Lion Pty Limited
- Parmalat S.p.A.
- Westland Milk Products
- Murray Goulburn Co-operative Co. Limited
- Bellamy's Organic
- Milk New Zealand Corporation
- Jersey Dairy
- Organic Valley
- Brownes Dairy
- Bubs Australia
- Natrel
- Snow Brand Milk Products Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/rqib3d
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
