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The market players are capitalising on the growing trend of health and wellness and are offering products with organic certifications to gain consumer trust and stay competitive in the market
The a2 Milk Company Limited
The a2 Milk Company was founded in 2000 and specialises in A2 milk products. It is known for its range of milk that contains the A2 type of beta-casein protein.
Ripley Farms LLC
Ripley Farms, based in New York, the United States, is a premium provider of A2 milk products. The company offers A2 beverages, and cheese, among other products.
Provilac
Provilac is a milk home delivery company, based in Maharashtra, India. Some of its well-known products include A2 milk, raw cow milk, and lactose-free milk, among others.
The a2 Milk Company received approval from the U.S. Food and Drug Administration (FDA), on November 2nd, 2022, to supply its a2 Platinum Premium infant milk formula to the U.S.
The market players are strategically introducing milk products to cater to the rising demand in the premium milk segment. The manufacturers are focusing on upgrading their existing range to meet the evolving demands of customers, such as the increasing popularity of grass-fed milk. Brands are thus adding new products to their portfolio to offer new and compelling dairy options to health-conscious consumers.
As per the A2 milk market analysis, the Asia Pacific accounts for a significant market share. The growing consumption of milk, especially in countries like China and India, owing to rising population, growing disposable income, and rapid urbanisation, among others, is invigorating the growth of the market. Further, the expansion of supermarkets and hypermarkets, the growing inclination towards health and fitness, and the rising prevalence of digestive issues are likely to bolster the sales of the product. Over the forecast period, the increasing awareness about the various health benefits offered by A2 milk, especially among the geriatric population, is anticipated to boost the A2 milk market value in the region.
Meanwhile, the European A2 milk market is influenced by a combination of factors related to health, consumer awareness, and marketing efforts. European consumers are increasingly health-conscious, and this has fueled interest in A2 milk, which is believed to be easier to digest for individuals experiencing discomfort with regular cow's milk, which contains both A1 and A2 beta-casein proteins. Furthermore, in many European markets, A2 milk is positioned as a premium product and this appeals to consumers who are willing to pay a higher price for products that are perceived as healthier or better quality.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to grow at a CAGR of 14.70% between 2024 and 2032.
The major drivers of the industry, such as the growing sales of the product, the increasing awareness about the health benefits offered by the product, and the rapid expansion of distribution channels, among others, are expected to aid the market growth.
The key trends aiding the market include the rising trend of health and wellness; increased incorporation of organic and sustainable practices; growing investment in product marketing and branding; and stringent regulatory standards to ensure product quality and safety.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Liquid and powder are the major forms of A2 milk.
Carton and bottles, among others, are the different packaging types of the product.
Hypermarkets and supermarkets, grocery and convenience stores, and online, among others are the significant distribution channels of the product.
The major players in the market are The a2 Milk Company Limited, Ripley Farms LLC, Provilac, and Gujarat Cooperative Milk Marketing Federation Ltd GCMMF (Amul), among others.
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