Report ID: SQMIG30I2168
Report ID:
SQMIG30I2168 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
63 |
Figures:
75
Global Camel Milk Products Market size was valued at USD 6.64 billion in 2022 and is poised to grow from USD 7.24 billion in 2023 to USD 14.42 billion by 2031, at a CAGR of 9% during the forecast period (2024-2031).
The sector is anticipated to benefit from camel milk's rising popularity among lactose-intolerant consumers due to its simple digestion. Also, because the milk has higher concentrations of copper, iron, sodium, potassium, magnesium, manganese, and vitamins A and C than cow milk, it is said to be more nutritional. One of the healthiest dairy drinks available, it contains natural probiotics. Systemic immunity and digestive health are both enhanced by camel milk. Compared to cow dairy, the drink has a low-fat level of about 2 to 3%, which is likely to draw more health-conscious customers who are watching their calorie consumption. Due to high production expenses, products made from camel milk are more expensive than those made from regular cattle milk. Whereas the cow dairy drink only costs about $0.40 per litre in Europe, Camelicious charges USD 13 per litre for milk. Similar to this, Desert Farms charges USD 35 per litre in the United States, whereas cow milk costs about USD 0.80 per litre. In the upcoming years, market growth is anticipated to be hampered by the high cost of camel milk products compared to comparable products. Raw or fermented camel milk are the two most common kinds consumed nowadays. However, manufacturers are broadening their product lines to appeal to this market as urban consumers rise in number.
US Camel Milk Products Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30I2168