According to the latest report by IMARC Group, titled, “A2 Milk Market Report 2021-2026: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast“, provide the global a2 milk market size is expected to reach US$ 21.14 Billion by 2026, exhibiting a CAGR of 17.60% during 2021-2026. The report provides a detailed analysis of the market by end-use industry (liquid milk, infant formula and other dairy products), and distributional channel (supermarkets and hypermarkets) geography (Asia-pacific, Europe, Latin America, North America, and Middle East and Africa). Also, the report analyzes the market’s competitive landscape.
Base Year: 2020
Forecast Year: 2021-2026
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Industry Definition and Application:
Milk protein usually constitutes 80% casein in which beta-casein is the second-most prevalent type along with 13 others. A1 and A2 are the most common types of beta-casein in milk and A2 beta-casein aids in preventing stomach discomfort caused by regular milk in lactose-intolerant people. A2 milk is obtained from cow breeds like Jersey, Limousin, Guernsey, and Charolais. It has a tint of golden color and is processed with the low heat pasteurization method, which preserves the beneficial nutrients and bacteria in the milk. There are several health benefits associated with the consumption of A2 milk, owing to which it has gained immense traction across the globe. It helps in lowering the risk of autoimmune diseases, heart diseases, type 1 diabetes, impaired immune responses, and neurological impairment.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
With a significant number of people suffering from lactose intolerance and the rising awareness about the negative health effects of A1 milk, the demand for A2 milk has significantly risen. In addition to this, the associated benefits of A2 milk, like promoting mental growth and boosting immunity, have also contributed to its rising sales all across the world. As a result, key players are coming up with product variants like cheese, infant formulas, paneer, butter, and yogurt to expand their product portfolio and widen their consumer base. Apart from this, growth in the food retail industry and inflating income levels are also propelling the market growth. Furthermore, companies are partnering with local brands to widen their reach and create a strong foothold in the market. For instance, the A2 Milk Company partnered with Agrifoods Cooperative in Canada in 2020 to gain exposure.
A2 Milk Market Segmentation:
The report has segmented on the basis of end-use, distribution channel and geography.
- Liquid Milk
- Infant Formula
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience & Grocery Stores
- Online Stores
- North America
Who are the Major a2 milk market Key players?
The report provides a detailed analysis of the A2 milk market leaders, including.
- The A2 Milk Company Limited
- Jersey Dairy
- Lion Pty Limited (Pura and Dairy Farmers)
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