The global A2 milk market Growth Accelerated by Increased Health Awareness
A2 milk contains higher levels of important nutrients like proteins, vitamins, and minerals compared to regular milk. It lacks the A1 beta-casein protein and instead contains the A2 beta-casein protein which is considered easier to digest. A2 milk products have gained considerable popularity among consumers who experience lactose intolerance or gastrointestinal issues after consuming regular milk.
The global A2 milk market is estimated to be valued at US$ 2036.6 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving the growth of the A2 milk market is the increasing awareness about the health benefits associated with its consumption. Several clinical studies have linked the consumption of A1 beta-casein milk with acid reflux, irritable bowel syndrome, heart disease, diabetes, and other health conditions. In comparison, A2 milk has been found to be easier to digest and is considered more suitable for individuals with milk sensitivities. With growing health consciousness, consumers are increasingly opting for A2 milk products over regular milk after understanding the distinction between the two types of milk. This rising demand for better digestive health and nutrition is a major factor fueling the market growth.
Segment Analysis
The Global A2 Milk Market is dominated by the powder segment. The powder segment accounts for over 60% share of the overall market. A2 milk powder has a longer shelf life as compared to liquid milk and it can be easily stored, transported and reconstituted. This makes it a popular choice among consumers and food processing companies.
Key Takeaways
The global A2 milk market is expected to witness high growth over the forecast period of 2023-2030. The market is projected to reach a value of US$ 3430.2 Mn by 2030, exhibiting a CAGR of 5.4% during the forecast period.
Regional analysis
The Asia Pacific region dominated the global A2 milk market in 2023 with a share of over 35%. Countries like China, India and Japan have been leading the demand for A2 milk in the region. Rising health consciousness and awareness about dietary benefits of A2 milk among consumers is driving the market growth. North America is expected to be the fastest growing market, expanding at a CAGR of around 6.5% during the forecast period.
Key players
Key players operating in the A2 milk market are 3M Company, Amphenol Corporation, Sumitomo Electric Industries, Ltd., Molex LLC, TE Connectivity Ltd., Prysmian Group, W. L. Gore & Associates, Inc., Axon’ Cable, E.I. du Pont de Nemours and Company (DuPont), BizLink Technology, Yamaichi Electronics Co., Ltd., Omron Corporation, Hitachi, Ltd., Samtec, Inc., Furukawa Electric Co., Ltd.
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