USD USD 25.50
Donkey Milk Market Size, Share, Growth Analysis, By Form(Liquid and Powder), By Application(Food & Beverages and Cosmetics & Personal Care), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30H2083 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|Tables:
59
|Figures:
74
Donkey Milk Market Insights
Global Donkey Milk Market size was valued at around USD USD 25.50 billion in 2022 and is poised to grow from USD 28.02 billion in 2023 to USD 59.64 billion by 2031, at a CAGR of 9.9 % over the forecast period (2024-2031).
This is credited to the product's growing use in the European economies of the U.K. and Germany. Additionally, it is anticipated that the market will expand during the forecast period due to increasing consumer demand for skincare products and powder-based jenny milk globally. Due to donkey's milk having advantages like a high vitamin content and the capacity to strengthen the immune system, its use has grown during the COVID-19 era, which has in turn fueled market growth.
The main driver driving market expansion is the rising acceptance of jenny milk as a means of supplying important antioxidants and nutrients. In addition, it is anticipated that increasing demand for highly digestible milk products in developing nations like China and India will support business growth. The market for donkey milk is expected to grow as a consequence of an increase in demand for natural ingredients and the current clean branding trend. The market is anticipated to reap advantages to the rising demand for affordable cosmetics and personal care products.
However, the growth of the donkey milk market has been constrained by the expensive maintenance costs related to running milk dairy equipment. To attract milk consumers, major businesses are right now acquiring fat-free omega-3 jenny milk in powder form. As a result, during the period of the assessment, the market is anticipated to exhibit significant market growth. Donkey's milk is high in dietary energy and protein, making it suitable as part of a healthy diet and dairy products, said the Food and Agriculture Organization (FAO).
The manufacture of cheddar, candies, and other dairy products mostly uses donkey milk. Given that it includes proteins and lactose, its characteristics are almost identical to those of human milk. Typically, it is used as a substitute for babies who are allergic to the proteins in cow's milk. Additionally, it has substances that boost the immune system, protecting young children from contaminants and diseases. Additionally, a pathogenic microorganism can be stopped by the high lysozyme focus.
It is expected that increasing investment from the major players based in the U.K. will fuel market growth. Value-added fat-free jenny milk is purchased by the market's top competitors. The body's elimination increases by drinking this fat-free milk. Consumer demand for soap and cosmetics in the European region is growing quickly, which is driving the growth of the industry.
US Donkey Milk Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Powder
Fastest Growth
Liquid
Growth Rate
9.9% CAGR
Global Donkey Milk Market ($ Bn)
Country Share for Europe Region (%)
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Donkey Milk Market Segmental Analysis
Global Donkey Milk Market is segmented based on form, application and region. Based on form the market is segmented into liquid and powder. Based on application the Donkey Milk Market is segmented into food & beverages and cosmetics & personal care. Based on region the global Donkey Milk Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Donkey Milk Market Analysis by Form
In 2023, the powder sector, which made up almost all of that, produced over 65% of the market's total revenue. The natural source of the goat milk powder makes it a vital ingredient that is widely used in the makeup industry. Additionally, the donkey milk powder is an abundant source of minerals, vitamins, essential lipids, amino acids, beneficial enzymes, and a number of growth stimulants like thiamine and vitamin D. These are nutrients that support the skin's natural development and firming. Private company investment in the acquisition of powder milk is expected to increase in the coming years on the market. This sector's capacity to produce sizable income in 2021 is also aided by improved accessibility at a lower cost.
The segment that will grow the fastest during the forecast time is liquid. The growing use of Illumina cream, firmness cream, and shower gel shampoo to meet consumer demand for cosmetics and personal care products is credited with the segment's development. Milk is a heat-sensitive component that comes in liquid form and is made up of carbohydrates and amino acids. As a result, increase in the liquid segment is anticipated over the forecast period.
Donkey Milk Market Analysis by Application
In 2023, the global market revenue from cosmetics and personal care was about 60%. This is due to the personal care industry's expanding demands and rising demand for novel natural components. Moreover, there is a rising market for herbal cosmetics and personal care items like facial masks and peels. Jenny milk is made up of naturally occurring cosmetic components that have special cosmetic qualities. The market demand will be driven by the growing use of fairness cream to keep the skin's airy texture.
Global Donkey Milk Market By Form
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Donkey Milk Market Regional Insights
In 2023, Europe accounted for more than 35% of the global donkey milk market due to growing demand for natural cosmetics in the U.K., Germany, and Italy. The market is growing as Jenny Milk is used more frequently in the UK to maintain good health. The majority of donkey's milk is eaten in Europe, particularly in notable nations like Spain, Belgium, Portugal, Italy, Bulgaria, France, and Greece. The market is expected to expand due to increasing cooling milk product consumption, high imports of powder-based jenny milk, and rising consumer interest in health.
Asia Pacific is anticipated to grow at a rate of 10.5%. The growing acceptance of enhanced jenny milk in the area is to blame for this. The market is growing as a result of a recent Chinese fad that encourages consumers to use milk products with clear labels to maintain a healthy lifestyle. It is anticipated that product demand will rise in the skincare and nutraceutical sectors in Asian countries, favoring market growth. During the forecast period, it is anticipated that the growing use of jenny milk in India to buy anti-aging skin care products will experience the fastest rate of growth.
Global Donkey Milk Market By Region
- Largest
- Fastest
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Donkey Milk Market Dynamics
Donkey Milk Market Drivers
Increasing Donkey Milk Benefits to Bolster Its Demand
- Donkey milk is known to have several health benefits, including anti-inflammatory properties, anti-aging effects, and is also beneficial for people with lactose intolerance. This has led to an increase in demand for donkey milk.
Donkey Milk Market Restraints
High Cost to Hinder Market Growth
- The cost of producing donkey milk is high due to the low milk yield and the high cost of feeding and caring for donkeys. This results in higher prices for donkey milk products, which can limit the market's growth.
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Donkey Milk Market Competitive Landscape
To satisfy the rising demand for jenny milk, companies are concentrating their efforts on developing new powder-based products. In order to keep the smoothness of the skin, the top key players use firmness technology in cosmetics and personal care products with the aid of aloe vera and rosemary. But putting sustainability into practice comes with specific difficulties and constraints. The market expansion and introduction of fat-free liquid milk are among the businesses' top priorities. Aadvik Foods and Products Pvt. Ltd., India's first camel milk brand, introduced Lac Jennius, a donkey milk cereal, in August 2021. Aadvik Foods and Products Pvt. Ltd. aims to strengthen its company with this launch and other distinctive product lines, such as frozen camel milk and goat milk powder.
Donkey Milk Market Top Player’s Company Profiles
- Eurolactis Group
- Asinus Traiding
- Alival
- El Burrito
- Hellenic Asinus Farms
- Nature's Farm
- Dairy Science and Food Technology
- DeLaval
- Linghai Zhan Wang Biotechnology
- Dong'e Ejiao
- Agroittica Lombarda
- Donkeys Dairy
- Farm Ass Donkey Milk
- Nanjing Pujiang Bio-Products
- Zhejiang Sharing Technology
- Shandong Dong-e E-Jiao
- Norserum
- Liaoning Jiayi Biotechnology
- Changzhou Siyuan Donkey Milk
Donkey Milk Market Recent Developments
- In March 2021, a new donkey milk skincare brand called "Haima" was launched in the UK, offering a range of donkey milk-based products including face creams, serums, and masks.
- In February 2021, the Spanish company "Donkeys and Co." announced plans to expand its donkey milk production and distribution network in Europe and the Middle East.
Donkey Milk Key Market Trends
- The increasing preference for natural and organic products is driving the demand for donkey milk as it is perceived as a healthier and more sustainable alternative to cow's milk.
- Donkey milk is being increasingly used in cosmetic products due to its moisturizing and nourishing properties. Many skincare and personal care brands are now incorporating donkey milk into their products.
- Several companies producing donkey milk are expanding their production facilities and distribution networks to meet the growing demand for the product, particularly in regions such as Europe and the Middle East.
- Beyond traditional dairy products such as cheese and yogurt, donkey milk is being used to produce a wider range of products, including soap, shampoo, and other personal care products.
Donkey Milk Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Donkey Milk market is the main driver driving market expansion is the rising acceptance of jenny milk as a means of supplying important antioxidants and nutrients. In addition, it is anticipated that increasing demand for highly digestible milk products in developing nations like China and India will support business growth. The market for donkey milk is expected to grow as a consequence of an increase in demand for natural ingredients and the current clean branding trend. The market is anticipated to reap advantages to the rising demand for affordable cosmetics and personal care products. However, the growth of the donkey milk market has been constrained by the expensive maintenance costs related to running milk dairy equipment. To attract milk consumers, major businesses are right now acquiring fat-free omega-3 jenny milk in powder form. As a result, during the period of the assessment, the market is anticipated to exhibit significant market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD USD 25.50 |
| Market size value in 2031 | USD 28.02 billion |
| Growth Rate | 9.9% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Donkey Milk Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Donkey Milk Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Donkey Milk Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Donkey Milk Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Donkey Milk Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Donkey Milk Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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