The Global A2 Milk Market size is expected to reach $10.6 billion by 2030, rising at a market growth of 17.6% CAGR during the forecast period.
As A2 milk has become more prominently featured in supermarkets, grocery stores, and online platforms, it has gained recognition and acceptance among a wider audience. Thus, Supermarket & Hypermarket segment acquired $1,514.2 million in 2022. This expanded retail presence has generated a ripple effect, positively influencing the market's growth. The increased availability means more consumers, including those residing in geographically diverse regions, now have convenient access to A2 milk. This accessibility is especially crucial in capturing the attention of individuals who may not have previously considered A2 milk a viable alternative. The result is an enlargement of the consumer base and heightened demand for this dairy product. Some of the factors impacting the market are rising concerns about digestibility, lactose intolerance & allergies, increasing proportion of the middle class globally, and higher price of A2 milk.
A2 milk, recognized for its potential to be gentler on the digestive system, aligns with the needs of individuals who face difficulties digesting conventional cow's milk. This factor has led to increased consumer adoption, contributing to the expansion of the market and elevating the demand for this alternative dairy product. This has fostered a steady rise in demand for A2 milk as individuals seek a more digestible and palatable dairy option, particularly in regions where lactose intolerance is prevalent. Additionally, as people around the world enter the middle-class bracket, they often become more health conscious. The ability to afford such products makes it easier for the middle class to incorporate A2 milk into their diets, contributing to its growing demand. The middle class is often more discerning when it comes to the quality of products they consume. They are increasingly turning to A2 milk to promote better digestion and overall well-being. Thus, an increase in the proportion of the global middle class can aid in the expansion of the market.
However, the pricing disparity between A2 milk and conventional cow's milk creates a substantial financial barrier for many consumers. With limited disposable income and budget constraints, a sizable portion of the market may opt for more cost-effective alternatives. The result is a reduced potential consumer base for A2 milk. Consumers in such regions may opt for traditional cow's milk or other dairy alternatives that are more budget friendly. The result is a reduced market share for A2 milk in these areas. Consequently, the pricing disadvantage poses a notable obstacle to the widespread adoption, affecting its market expansion and reach.
Product Outlook
Based on the product, the market is divided into liquid and powder. The liquid segment garnered the highest revenue share in the market in 2022. Liquid A2 milk is ready to consume, making it a convenient choice for those looking for a quick and easy source of dairy. It can be poured directly into a glass or used in recipes without additional preparation. Liquid A2 milk maintains the natural creamy texture and consistency of fresh milk. It can be an ideal choice for those who enjoy the traditional mouthfeel and creaminess of milk.
Packaging Outlook
On the basis of packaging, the market is segmented into cartons, bottles, and others. The bottles segment recorded a significant revenue share in the market in 2022. Plastic bottles are more durable and less prone to damage during handling and transportation, which can be advantageous if the milk needs to endure rough handling or extreme conditions. Plastic bottles are frequently more versatile in size and shape, which is why they are employed in many industries for packaging, including the production of single-serve options. Plastic bottles are transparent, allowing consumers to see the product inside, which can be reassuring in terms of product quality and freshness.
Distribution Channel Outlook
By distribution channel, the market is classified into supermarket & hypermarket, convenience stores, online, and others. The supermarket & hypermarket segment witnessed the maximum revenue share in the market in 2022. Supermarkets and hypermarkets generally offer a broader range of products, including different brands, sizes, and variations (e.g., flavored or lactose-free options). This variety enables consumers to choose products that suit their preferences and dietary needs. Supermarkets and hypermarkets typically have more competitive prices because of their enormous size and ability to make bulk purchases. As a result, shopping at one of these establishments is likely to be the more cost-effective option in the long run.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region procured the highest revenue share in the market in 2022. As incomes rise in the Asia Pacific, more consumers are looking for premium and healthier food options, and A2 milk fits this profile. The middle-class population is more willing to spend on products perceived as better for their health. Nations like China, Australia, New Zealand, and India positively impact the market revenue. A significant portion of this market comes from milk, which is regarded by people of all ages as the best health product. Furthermore, there was an abundance of milk produced due to the readily available variety of buffalo and cow breeds.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Vietnam Dairy Products Joint Stock Company, Erden Creamery Pvt Ltd, Vrindavan Dairy LLP, KESARIYA FARM PVT LTD, Sid's Farm Private Limited, Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.), The a2 Milk Company Limited, Fonterra Co-operative Group Limited, Nestle S.A, Provilac Dairy Farms Pvt. Ltd.
Scope of the Study
Market Segments covered in the Report:
By Product
By Packaging
By Distribution Channel
- Supermarket & Hypermarket
- Convenience Stores
- Online
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Vietnam Dairy Products Joint Stock Company
- Erden Creamery Pvt Ltd
- Vrindavan Dairy LLP
- KESARIYA FARM PVT LTD
- Sid's Farm Private Limited
- Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.)
- The a2 Milk Company Limited
- Fonterra Co-operative Group Limited
- Nestle S.A
- Provilac Dairy Farms Pvt. Ltd.
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global A2 Milk Market, by Product
- 1.4.2 Global A2 Milk Market, by Packaging
- 1.4.3 Global A2 Milk Market, by Distribution Channel
- 1.4.4 Global A2 Milk Market, by Geography
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. Global A2 Milk Market by Product
- 4.1 Global Liquid Market by Region
- 4.2 Global Powder Market by Region
Chapter 5. Global A2 Milk Market by Packaging
- 5.1 Global Cartons Market by Region
- 5.2 Global Bottles Market by Region
- 5.3 Global Others Market by Region
Chapter 6. Global A2 Milk Market by Distribution Channel
- 6.1 Global Supermarket & Hypermarket Market by Region
- 6.2 Global Convenience Stores Market by Region
- 6.3 Global Online Market by Region
- 6.4 Global Others Market by Region
Chapter 7. Global A2 Milk Market by Region
- 7.1 North America A2 Milk Market
- 7.1.1 North America A2 Milk Market by Product
- 7.1.1.1 North America Liquid Market by Country
- 7.1.1.2 North America Powder Market by Country
- 7.1.2 North America A2 Milk Market by Packaging
- 7.1.2.1 North America Cartons Market by Country
- 7.1.2.2 North America Bottles Market by Country
- 7.1.2.3 North America Others Market by Country
- 7.1.3 North America A2 Milk Market by Distribution Channel
- 7.1.3.1 North America Supermarket & Hypermarket Market by Country
- 7.1.3.2 North America Convenience Stores Market by Country
- 7.1.3.3 North America Online Market by Country
- 7.1.3.4 North America Others Market by Country
- 7.1.4 North America A2 Milk Market by Country
- 7.1.4.1 US A2 Milk Market
- 7.1.4.1.1 US A2 Milk Market by Product
- 7.1.4.1.2 US A2 Milk Market by Packaging
- 7.1.4.1.3 US A2 Milk Market by Distribution Channel
- 7.1.4.2 Canada A2 Milk Market
- 7.1.4.2.1 Canada A2 Milk Market by Product
- 7.1.4.2.2 Canada A2 Milk Market by Packaging
- 7.1.4.2.3 Canada A2 Milk Market by Distribution Channel
- 7.1.4.3 Mexico A2 Milk Market
- 7.1.4.3.1 Mexico A2 Milk Market by Product
- 7.1.4.3.2 Mexico A2 Milk Market by Packaging
- 7.1.4.3.3 Mexico A2 Milk Market by Distribution Channel
- 7.1.4.4 Rest of North America A2 Milk Market
- 7.1.4.4.1 Rest of North America A2 Milk Market by Product
- 7.1.4.4.2 Rest of North America A2 Milk Market by Packaging
- 7.1.4.4.3 Rest of North America A2 Milk Market by Distribution Channel
- 7.2 Europe A2 Milk Market
- 7.2.1 Europe A2 Milk Market by Product
- 7.2.1.1 Europe Liquid Market by Country
- 7.2.1.2 Europe Powder Market by Country
- 7.2.2 Europe A2 Milk Market by Packaging
- 7.2.2.1 Europe Cartons Market by Country
- 7.2.2.2 Europe Bottles Market by Country
- 7.2.2.3 Europe Others Market by Country
- 7.2.3 Europe A2 Milk Market by Distribution Channel
- 7.2.3.1 Europe Supermarket & Hypermarket Market by Country
- 7.2.3.2 Europe Convenience Stores Market by Country
- 7.2.3.3 Europe Online Market by Country
- 7.2.3.4 Europe Others Market by Country
- 7.2.4 Europe A2 Milk Market by Country
- 7.2.4.1 Germany A2 Milk Market
- 7.2.4.1.1 Germany A2 Milk Market by Product
- 7.2.4.1.2 Germany A2 Milk Market by Packaging
- 7.2.4.1.3 Germany A2 Milk Market by Distribution Channel
- 7.2.4.2 UK A2 Milk Market
- 7.2.4.2.1 UK A2 Milk Market by Product
- 7.2.4.2.2 UK A2 Milk Market by Packaging
- 7.2.4.2.3 UK A2 Milk Market by Distribution Channel
- 7.2.4.3 France A2 Milk Market
- 7.2.4.3.1 France A2 Milk Market by Product
- 7.2.4.3.2 France A2 Milk Market by Packaging
- 7.2.4.3.3 France A2 Milk Market by Distribution Channel
- 7.2.4.4 Russia A2 Milk Market
- 7.2.4.4.1 Russia A2 Milk Market by Product
- 7.2.4.4.2 Russia A2 Milk Market by Packaging
- 7.2.4.4.3 Russia A2 Milk Market by Distribution Channel
- 7.2.4.5 Spain A2 Milk Market
- 7.2.4.5.1 Spain A2 Milk Market by Product
- 7.2.4.5.2 Spain A2 Milk Market by Packaging
- 7.2.4.5.3 Spain A2 Milk Market by Distribution Channel
- 7.2.4.6 Italy A2 Milk Market
- 7.2.4.6.1 Italy A2 Milk Market by Product
- 7.2.4.6.2 Italy A2 Milk Market by Packaging
- 7.2.4.6.3 Italy A2 Milk Market by Distribution Channel
- 7.2.4.7 Rest of Europe A2 Milk Market
- 7.2.4.7.1 Rest of Europe A2 Milk Market by Product
- 7.2.4.7.2 Rest of Europe A2 Milk Market by Packaging
- 7.2.4.7.3 Rest of Europe A2 Milk Market by Distribution Channel
- 7.3 Asia Pacific A2 Milk Market
- 7.3.1 Asia Pacific A2 Milk Market by Product
- 7.3.1.1 Asia Pacific Liquid Market by Country
- 7.3.1.2 Asia Pacific Powder Market by Country
- 7.3.2 Asia Pacific A2 Milk Market by Packaging
- 7.3.2.1 Asia Pacific Cartons Market by Country
- 7.3.2.2 Asia Pacific Bottles Market by Country
- 7.3.2.3 Asia Pacific Others Market by Country
- 7.3.3 Asia Pacific A2 Milk Market by Distribution Channel
- 7.3.3.1 Asia Pacific Supermarket & Hypermarket Market by Country
- 7.3.3.2 Asia Pacific Convenience Stores Market by Country
- 7.3.3.3 Asia Pacific Online Market by Country
- 7.3.3.4 Asia Pacific Others Market by Country
- 7.3.4 Asia Pacific A2 Milk Market by Country
- 7.3.4.1 China A2 Milk Market
- 7.3.4.1.1 China A2 Milk Market by Product
- 7.3.4.1.2 China A2 Milk Market by Packaging
- 7.3.4.1.3 China A2 Milk Market by Distribution Channel
- 7.3.4.2 Japan A2 Milk Market
- 7.3.4.2.1 Japan A2 Milk Market by Product
- 7.3.4.2.2 Japan A2 Milk Market by Packaging
- 7.3.4.2.3 Japan A2 Milk Market by Distribution Channel
- 7.3.4.3 India A2 Milk Market
- 7.3.4.3.1 India A2 Milk Market by Product
- 7.3.4.3.2 India A2 Milk Market by Packaging
- 7.3.4.3.3 India A2 Milk Market by Distribution Channel
- 7.3.4.4 South Korea A2 Milk Market
- 7.3.4.4.1 South Korea A2 Milk Market by Product
- 7.3.4.4.2 South Korea A2 Milk Market by Packaging
- 7.3.4.4.3 South Korea A2 Milk Market by Distribution Channel
- 7.3.4.5 Australia A2 Milk Market
- 7.3.4.5.1 Australia A2 Milk Market by Product
- 7.3.4.5.2 Australia A2 Milk Market by Packaging
- 7.3.4.5.3 Australia A2 Milk Market by Distribution Channel
- 7.3.4.6 Malaysia A2 Milk Market
- 7.3.4.6.1 Malaysia A2 Milk Market by Product
- 7.3.4.6.2 Malaysia A2 Milk Market by Packaging
- 7.3.4.6.3 Malaysia A2 Milk Market by Distribution Channel
- 7.3.4.7 Rest of Asia Pacific A2 Milk Market
- 7.3.4.7.1 Rest of Asia Pacific A2 Milk Market by Product
- 7.3.4.7.2 Rest of Asia Pacific A2 Milk Market by Packaging
- 7.3.4.7.3 Rest of Asia Pacific A2 Milk Market by Distribution Channel
- 7.4 LAMEA A2 Milk Market
- 7.4.1 LAMEA A2 Milk Market by Product
- 7.4.1.1 LAMEA Liquid Market by Country
- 7.4.1.2 LAMEA Powder Market by Country
- 7.4.2 LAMEA A2 Milk Market by Packaging
- 7.4.2.1 LAMEA Cartons Market by Country
- 7.4.2.2 LAMEA Bottles Market by Country
- 7.4.2.3 LAMEA Others Market by Country
- 7.4.3 LAMEA A2 Milk Market by Distribution Channel
- 7.4.3.1 LAMEA Supermarket & Hypermarket Market by Country
- 7.4.3.2 LAMEA Convenience Stores Market by Country
- 7.4.3.3 LAMEA Online Market by Country
- 7.4.3.4 LAMEA Others Market by Country
- 7.4.4 LAMEA A2 Milk Market by Country
- 7.4.4.1 Brazil A2 Milk Market
- 7.4.4.1.1 Brazil A2 Milk Market by Product
- 7.4.4.1.2 Brazil A2 Milk Market by Packaging
- 7.4.4.1.3 Brazil A2 Milk Market by Distribution Channel
- 7.4.4.2 Argentina A2 Milk Market
- 7.4.4.2.1 Argentina A2 Milk Market by Product
- 7.4.4.2.2 Argentina A2 Milk Market by Packaging
- 7.4.4.2.3 Argentina A2 Milk Market by Distribution Channel
- 7.4.4.3 UAE A2 Milk Market
- 7.4.4.3.1 UAE A2 Milk Market by Product
- 7.4.4.3.2 UAE A2 Milk Market by Packaging
- 7.4.4.3.3 UAE A2 Milk Market by Distribution Channel
- 7.4.4.4 Saudi Arabia A2 Milk Market
- 7.4.4.4.1 Saudi Arabia A2 Milk Market by Product
- 7.4.4.4.2 Saudi Arabia A2 Milk Market by Packaging
- 7.4.4.4.3 Saudi Arabia A2 Milk Market by Distribution Channel
- 7.4.4.5 South Africa A2 Milk Market
- 7.4.4.5.1 South Africa A2 Milk Market by Product
- 7.4.4.5.2 South Africa A2 Milk Market by Packaging
- 7.4.4.5.3 South Africa A2 Milk Market by Distribution Channel
- 7.4.4.6 Nigeria A2 Milk Market
- 7.4.4.6.1 Nigeria A2 Milk Market by Product
- 7.4.4.6.2 Nigeria A2 Milk Market by Packaging
- 7.4.4.6.3 Nigeria A2 Milk Market by Distribution Channel
- 7.4.4.7 Rest of LAMEA A2 Milk Market
- 7.4.4.7.1 Rest of LAMEA A2 Milk Market by Product
- 7.4.4.7.2 Rest of LAMEA A2 Milk Market by Packaging
- 7.4.4.7.3 Rest of LAMEA A2 Milk Market by Distribution Channel
Chapter 8. Company Profiles
- 8.1 Vietnam Dairy Products Joint Stock Company
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental Analysis
- 8.1.4 SWOT Analysis
- 8.2 Erden Creamery Pvt Ltd
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Vrindavan Dairy LLP
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
- 8.4 KESARIYA FARM PVT LTD
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Sid's Farm Private Limited
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 The a2 Milk Company Limited
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental Analysis
- 8.7.4 Recent strategies and developments:
- 8.7.4.1 Product Launches and Product Expansions:
- 8.7.4.2 Acquisition and Mergers:
- 8.7.5 SWOT Analysis
- 8.8 Fonterra Co-operative Group Limited
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 SWOT Analysis
- 8.9 Nestle S.A
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 SWOT Analysis
- 8.10. Provilac Dairy Farms Pvt. Ltd.
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis
Chapter 9. Winning Imperatives of A2 Milk Market