Global A2 Milk Market

A2 Milk Market Size, Share, Growth Analysis, By Product(Liquid and Powder), By Packaging(Cartons, Bottles), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30I2220 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 60 | Figures: 77

A2 Milk Market Regional Insights

With a revenue share of over 50.0% in 2022 and an anticipated CAGR of 18.7%, Asia Pacific dominated the A2 milk market. A positive contribution to the market revenue is being made by nations like China, Australia & New Zealand, and India. In order to contribute to this industry, milk is widely regarded as the finest health product among people of all ages. Additionally, a large quantity of milk was produced due to the easy accessibility of the many varieties of cows and buffalo.

North America is projected to grow significantly, with a CAGR of 19.7%. Due to the high demand for nutritious milk throughout the world, nations like the US and Canada are positively influencing the market's expansion. This quick expansion is anticipated given the rising demand brought on by customers' increased spending and the adoption of A2 milk as a beverage.

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Global A2 Milk Market size was valued at USD 2.90 billion in 2022 and is poised to grow from USD 3.44 billion in 2023 to USD 13.36 billion by 2031, at a CAGR of 18.5% during the forecast period (2024-2031).

Details about the competition are provided by the competitive landscape for A2 milk. Company overview, financials, revenue generated, market potential, investments in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product introduction, and application dominance are among the components that are included. Only the businesses concentrating on the A2 milk market are mentioned in the data points above. 'The a2 Milk Company (New Zealand)', 'Fonterra Co-operative Group Limited (New Zealand)', 'Nestlé S.A. (Switzerland)', 'Synlait Milk Limited (New Zealand)', 'Lion Dairy & Drinks (Australia)', 'Gujarat Cooperative Milk Marketing Federation (India)', 'Freedom Foods Group Limited (Australia)', 'Mengniu Dairy Co., Ltd. (China)', 'Yashili International Holdings Ltd. (China)', 'China Modern Dairy Holdings Ltd. (China)', 'Vinamilk (Vietnam)', 'Dairy Farmers of America, Inc. (United States)', 'Murray Goulburn Co-operative Co. Limited (Australia)', 'Tatura Milk Industries Pty Ltd. (Australia)', 'Mengniu Arla (China)', 'Westland Milk Products (New Zealand)', 'United Dairies (United Kingdom)', 'Mead Johnson Nutrition (United States)', 'Arla Foods amba (Denmark)', 'Danone S.A. (France)', 'Inner Mongolia Yili Industrial Group Co., Ltd. (China)', 'Saputo Inc. (Canada)'

The primary factor propelling the global A2 milk market is customers' increasing awareness of their own health, diets, and food intake. Consumers gradually come to understand the benefits and drawbacks of the food they consume on a regular basis. Due to the presence of A2 beta-casein protein, A2 milk is very nourishing and benefits a person's body. The A2 protein guards against a number of cardiac conditions, diabetes, and autism. As a result, consumers are drinking A2 milk and prefer it for everyday usage. The global A2 milk market is anticipated to grow faster as a result of this shift in preference and growth in health awareness.

The developing side-effects linked with excessive A1 milk consumption are projected to raise demand for A2 milk, boosting its market growth. A1 milk, for example, produces neuro problems such as cognitive impairments, which have been related to learning deficits and aggravated autism symptoms. This is related to the presence of morphine-like chemicals in A1 milk. The morphine effect causes constipation in children who consume A1 milk. According to the World Health Organisation, over 55 million people worldwide have dementia, with more than 60% of them living in low- and middle-income countries. This figure is expected to rise to 78 million by 2030 and 139 million by 2050 as the proportion of aged people in the population rises in practically every country. Furthermore, recent research has revealed that higher consumption of A1 milk may raise the risk of chronic disease, which has increased demand for A2 milk. BCM-7, a chemical compound found in A1 milk, for example, has been linked to type 1 diabetes, heart disease, neonatal mortality, autism, and digestive difficulties, according to an MRFR study. Furthermore, leading companies' expanding expansion initiatives to enhance their footing in the A2 Milk market are expected to promote market growth throughout the forecast period. For example, Fonterra Co-operative Group Limited (Fonterra) and The a2 Milk Company (a2MC) formed a comprehensive strategic alliance in March 2018. This collaboration typically links Fonterra's milk pool and supply chain, manufacturing capacity, in-market sales and distribution capability, and a2MC's brand power and skills. Fonterra will begin discussions with its farmers about sourcing an A2 milk pool for a2MC products in New Zealand under this agreement. This pool is expected to grow greatly over time to help meet the growing demand for a2MC goods. Australia will establish a similar milk pool. Furthermore, in May 2022, the a2 Milk Company and Lincoln University will launch a new programme to encourage sustainable dairy farming activities in New Zealand. The Farm Sustainability Fund was established by The a2 Milk Company and Lincoln University, New Zealand's only speciality land-based university. In the first year, the a2 Milk Company will provide up to USD 500,000 to the Fund to fund grants for farm activities that demonstrate an integrated approach to a sustainable future and have a good and significant impact on the community and environment. The Fund is available to New Zealand farms that supply milk to Mataura Valley Milk Limited or Synlait Milk Limited under a contract for use in the manufacture of items for The a2 Milk Company.

With a revenue share of over 50.0% in 2022 and an anticipated CAGR of 18.7%, Asia Pacific dominated the A2 milk market. A positive contribution to the market revenue is being made by nations like China, Australia & New Zealand, and India. In order to contribute to this industry, milk is widely regarded as the finest health product among people of all ages. Additionally, a large quantity of milk was produced due to the easy accessibility of the many varieties of cows and buffalo.

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Global A2 Milk Market

Report ID: SQMIG30I2220

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