A2 Milk Price Trends, Market Share, Outlook, Future Growth and Opportunities by 2024

NEW YORK - Nov. 14, 2019 - PRLog -- According to the latest report by IMARC Group, titled "A2 Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024", the global A2 milk market size reached US$ 5,446 Million in 2018. A2 milk is a type of processed milk that contains one of the two beta-casein proteins found in regular cow milk. It is obtained from older cow breeds, such as Limousin, Charolais, Jersey and Guernsey. A2 milk has a slightly golden color and is considered beneficial for people who are otherwise intolerant to regular milk. Since its inception in the early-1990s, A2 milk has gained popularity across the globe on account of its various nutritional benefits.

Global A2 Milk Market Trends:

Regular milk is hard to digest for lactose intolerant people owing to which they are preferring A2 milk which is considered to be easier to digest. It also helps in relieving the symptoms of stomach discomfort, such as bloating, gas and diarrhea, which usually occur after the consumption of conventional dairy products. Further, A2 milk companies provide a wide product portfolio including liquid milk, baby food and infant formula, yoghurt, cheese etc., catering to a diverse group of consumers and institutions. Some of the other factors influencing the market growth include increasing demand from the emerging markets such as India and China, mounting income levels and the growth of the organized food retail industry. Looking forward, the A2 milk market value is anticipated to reach US$ 19,324 Million by 2024, projecting a CAGR of 23.5% during 2019-2024.

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Global A2 Milk Market Summary:

Market Breakup by End-Use

1. Liquid Milk

2. Infant Formula

3. Others

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Market Breakup by Distribution Channel

1. Supermarkets & Hypermarkets

2. Convenience & Grocery Stores

3. Online Stores

4. Others

Performance of Key Regions

1. North America

2. Europe

3. Oceania

4. Asia

5. Others

Competitive Landscape

The competitive landscape of the market is concentrated in nature with some of the key players being The A2 Milk Company, Jersey Dairy, Pura, Dairy Farmers and Fonterra.

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