The A2 Milk Market is estimated to be valued at Us$ 1.74 Bn in 2022 and is expected to exhibit a CAGR Of 15.81% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
A2 milk is a type of cow's milk that only contains the A2 form of β-casein protein. A2 milk is often marketed as being easier to digest than regular cow's milk, which contains both A1 and A2 beta-casein proteins. The major producers of A2 milk include Jersey Dairy, The a2 Milk Company Limited, Dairy Farmers, Pura, Fonterra, MLK A2 Cow Milk, Amul, and others. The growing consumer awareness about health benefits of consuming A2 milk along with rising incidents of digestive issues related to regular milk consumption is driving growth of the A2 milk market.
Market Dynamics:
Rising health awareness among consumers regarding the importance of consuming easily digestible milk is contributing substantially to the growth of A2 milk market. Regular cow's milk contains both A1 and A2 proteins, out of which A1 protein is difficult to digest and breaks down into BCM-7 (beta-casomorphin-7) in the digestive system. BCM-7 is reported to cause digestion issues such as inflammation, bloating, diarrhea, and gas in many consumers. On the other hand, A2 milk contains only A2 protein which is easier to digest and does not produce BCM-7, ensuring smooth digestion. Furthermore, A2 milk provides several health benefits such as improved gastrointestinal health, reduced risk of heart disease, and better cognitive functions. These digestive and health advantages of A2 milk
SWOT Analysis
Strength: A2 milk is considered to be healthier compared to regular A1 milk. It contains beta-casein proteins that aid in better digestion. Easy availability of A2 milk through retail stores and e-commerce platforms. A growing number of health-conscious consumers are opting for A2 milk.
Weakness: High pricing of A2 milk compared to regular milk acts as a deterrent for many consumers. Limited awareness among consumers regarding the exact benefits of A2 milk.
Opportunity: Growth of online retail is facilitating the broader availability of A2 milk. Rising health issues like indigestion provides an impetus to the demand for A2 milk. product promotions helps in increasing brand awareness.
Threats: Regular milk is significantly cheaper compared to A2 milk alternative. Stringent regulations associated with the labeling of milk products.
Key Takeaways
The global A2 Milk Market is expected to witness high growth, exhibiting CAGR of 15.81% over the forecast period, due to increasing health consciousness among consumers. The Asia Pacific region dominated the global market in 2022, accounting for around 35% revenue share. China, Australia, and India are some of the major consumers in the region.
Regional analysis
The Asia Pacific region is expected to continue dominating the global A2 milk market during the forecast period. China has emerged as one of the fastest growing country markets owing to rising awareness about the health benefits of A2 milk products. Australia also captures a substantial share of the Asia Pacific A2 milk market mainly due to easy availability of A2 milk through retail channels in the country.
Key players
Key players operating in the A2 milk market are Jersey Dairy, The a2 Milk Company Limited, Dairy Farmers, Pura, Fonterra, MLK A2 Cow Milk, Amul, and others. These players are focusing on increasing their product offerings and expanding to untapped markets to gain a competitive edge in the industry.
