Market Highlight:

The global A2 milk market 2020 to see total revenue of USD 28.55 Billion by 2030, at a surge of 17.75%, to expand in the forecast period (2022 - 2030). Market Research Future states in its study that the global A2 Milk Market Size, despite in the time of COVID 19 pandemic, is scoring well and would substantially continue in the coming years. The study revealed that the COVID-19 pandemic had a modest positive impact on revenue and earnings for the year 2020 for the global A2 milk market.

A2 Milk Market Boosters:

The A2 Milk Company is serving people live better lives through the remuneration of the A2 protein, has officially released earnings for the year ending June 30, 2020. The company announced total revenue of $1.73 billion New Zealand dollars, at a surge of 33%, motivated by robust performance throughout the year, and demonstrating extraordinary flexibility in the business under the situation of COVID-19 global pandemic. Such instance has made the market to earn more than what it did in the past years.

The rising rate of health issues owing to the consumption of regular or A1 milk globally is expected to remain the leading force driving the demand for the A2 milk market. Moreover, the prime players in this field are expanding the portfolio of A2 milk products such as infant formula, baby food, cheese, yogurt, and more. Thus, due to escalating in A2 milk variants, it is expected to fuel the A2 milk market mainly in the assessment period.

Furthermore, the nutritional value of A2 milk is much higher than regular or A1 milk owing to which it is projected to persuade the A2 milk market appreciably. Apart from this, the rise in supermarkets, hypermarkets, convenience stores, and online retailing is expected to generate available opportunities for the A2 milk market.

In October 2019, a new Hong Kong label range of infant formula was launched, followed in December by Stages 1-3 infant formula in Korea with partner YuhanCARE (Yuhan). In March 2020, a new licensing agreement with AgriFoods in Canada was agreed to produce and distribute A2MC’s fresh milk brand.

Segmental Overview:

The Holstein segment might lead the market and record the highest CAGR to reach USD 3,948.6 million by 2025. Holstein cows have maximum milk production across the globe.

The Jersey segment also grabs a substantial market share of the global A2 Milk Market Overview and is estimated to exhibit a sky-scraping growth rate from 2018 to 2025. Jersey milk is ahead with maximum traction in countries where butter is a crucial product, such as Denmark and New Zealand, for its rich butterfat content.

Regional Framework:

Asia-Pacific scored the largest market share of 40.88% in 2017, and the regional market is projected to record an extensive CAGR in the forecast period. Australia & New Zealand, the leading markets in the region, grabbing the largest market share during the review period. However, the Indian market is projected to demonstrate the highest growth rate of 15.3% during the foretell period of 2018 to 2025.

The North American market is estimated to surpass USD 4,759.6 million by 2025. Several dairy farms in the region are leisurely switching to cattle breeds such as Guernsey and Jersey as they principally produce A2 milk. Moreover, the market players focus on expanding reach in the US through retail chains, including Kroger, Walmart, and Costco.

Top Companies:

Top players in the global A2 milk market as per the study of MRFR are Freedom Foods Group Ltd. (Australia), The A2 milk Co., Ltd. (New Zealand), Nestle SA (Switzerland), Ripley Farms LLC. (US), China Mengniu Dairy Co. Ltd. (China), Vinamilk (Vietnam), and West land Cooperative Dairy Co., Ltd. (New Zealand).

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