NEWARK, Del, Dec. 11, 2023 (GLOBE NEWSWIRE) -- The global A2 lactose-free milk market was valued at US$ 612.0 million in 2023. It is poised to witness impressive growth in the forecast period from 2023 to 2033. The market is projected to expand at a CAGR of 19.7%, reaching a value of US$ 1,393.0 million in 2033.
Lactose-free A2 milk is known for its unique composition as it contains only A2-type beta-casein protein. A handful of consumers believe that A2 protein is easier to digest compared to the A1 protein found in regular milk.
One of the characteristics of A2 milk is that it does not contain lactose. The lactose in milk has been broken down or removed, making it suitable for people who are lactose intolerant or have difficulty digesting lactose.
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Due to growing consumer awareness of lactose intolerance and rising demand for dairy products that are thought to be gentler on the digestive system, the market for A2 lactose-free milk has expanded. A2 lactose-free milk is becoming popular in several international markets in addition to their home countries. Businesses are expanding their networks of distribution to reach a large consumer base with A2 lactose-free milk.
The market's positive growth outlook is influenced by the increasing demand for nutritious foods, the ability of A2 milk to treat irritable bowel syndrome, and the rising trend of modifying dietary habits. These factors collectively contribute to the promising growth trajectory of the A2 lactose-free milk market.
Key Takeaways from the Report-
- Throughout the forecast period, the A2 lactose-free milk market is expected to rise at a CAGR of 19.7%.
- The United States is expected to hold a share of 31.0% in global A2 lactose-free milk.
- Based on packaging, the tetra pack segment is expected to hold a market share of 58.0% in 2023
- By 2033, the A2 lactose-free milk market is expected to be worth US$ 1,393.0 million.
- China is estimated to exhibit a value CAGR of 6.3% during the forecast period.
"The A2 lactose-free milk market is witnessing significant growth due to increasing demand for dairy products that are both lactose-free and sourced from cows producing A2 beta-casein protein. The market is characterized by innovation in product offerings, expanding availability, and a focus on catering to consumers with lactose intolerance or seeking A2 milk options," -says Nandini Roy Choudhury ( client Partner for Food and Beverages at Future Market Insights, Inc.)
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Competitive Landscape
Acquisitions and mergers benefit companies by improving their product quality and expanding their market reach. Combining resources, expertise, and customer base can lead to access to new technology, distribution channels, manufacturing facilities, and talent.
Similar to this, introducing new items can help companies remain competitive and adapt to the shifting needs of their clientele. This would help in enabling them to expand their market share while drawing in new business and keeping hold of their current clientele.
Key Companies Profiled
- Shoonya Farms
- Horizon Organic
- The a2 Milk Company
- Fonterra
- Provilac Dairy Farms Private Limited
- Alexandre Family Farm
- Organic Valley
- Green Valley
- Other Players
For instance,
- In 2022, the A2 Milk Company launched an A2 lactose-free milk product in Australia, responding to the growing demand for lactose-free milk.
- In 2023, The A2 Milk Company launched its Premium A2 Platinum® Infant Formula in the United States.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global A2 lactose-free milk market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study incorporates compelling insights on the A2 lactose-free milk market based on form (powder and liquid), application (infant formula, dairy products, bakery and confectionery, and milk and milk-based beverages), packaging (tetra packs, glass bottles, plastic bottles and pouches, and cans), distribution channel (B2B and B2C), and region.
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A2 Lactose-free Milk Market Outlook by Category
By Form:
- Powder
- Liquid
By Application:
- Infant Formula
- Dairy Product
- Butter
- Cheese
- Yogurt
- Milk Powder
- Ice Cream
- Others
- Bakery and Confectionery
- Milk and Milk-based Beverages
By Packaging:
- Tetra Packs
- Glass Bottles
- Plastic Bottles and Pouches
- Cans
By Distribution Channel:
- B2B
- B2C
- Store-based Retailing
- Hypermarkets/Supermarkets
- Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Retailing
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
About the Food and Beverage Division at Future Market Insights (FMI)
Future Market Insights (FMI) food & beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.
Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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