A2 Milk is basically a type of cow's milk which lacks the form of beta-casein proteins A1 and mostly includes the A2 form. It is obtained from specific breeds of cows including guernsey, jersey, Holstein, brown swiss and others. The A2 milk is much healthier and helps and includes nutrients such as calcium, potassium, vitamin D, and protein.
MARKET SCOPE
The "Global A2 Milk Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the A2 milk market with detailed market segmentation by type, category, application, and geography. The report provides key statistics on the market status of the leading A2 milk market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on packaging type, the global A2 milk market is segmented into bottles, cartons, others.
- Based on category, the market is segmented into organic and conventional.
- Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience store, online retail, and others.
MARKET DYNAMICS
Drivers
- The application of A2 milk powder as an ingredient in infant formulas is going to drive the A2 market.
- The shift in the consumer's preference towards a healthy lifestyle as well as increase in consumer awareness about health-conscious products is going to increase the demand for A2 milk.
- The rise in health problems due to the intake of A1 milk is going to drive the growth for the A2 milk market across the world.
Restraints
- The higher price of the A2 milk can be a hindrance to the growth of the A2 milk market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The A2 milk market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the A2 milk market in these regions.
IMPACT OF COVID-19 ON A2 MILK MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries such as the food and beverages industry in various countries due to lockdowns, travel bans, and business shutdowns. The demand in the retail stores for the A2 milk were on the rise on the initial days of the pandemic which was due to the panic buying of the consumers. The A2 Milk Company which is one of the prominent player in the A2 milk market has had an increase in its sales, especially in China and Australia, which is due to the stocking of products through the reseller channel as well as online sales. Since then, the demand for the A2 milk has decreased which is due to the prolongment of the lockdown in various countries.
MARKET PLAYERS
The report covers key developments in the A2 milk market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from A2 milk market are anticipated to lucrative growth opportunities in the future with the rising demand for A2 milk in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the A2 milk market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Baileys Milk
- DOFE
- GCMMF
- PROVILAC
- Ripley Farms LLC
- Taw River Dairy
- The A2 Milk Company Limited
- Urban Farms Milk.
- Vinamilk
- VRINDVAN FARMS
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.