The market is a dynamic and rapidly evolving sector within the dairy industry. Over the past few years, this market has witnessed significant growth, driven by various factors such as changing consumer preferences, increased awareness of potential health benefits, and ongoing developments in the dairy sector. One of the most noteworthy developments in the market has been the growing recognition of A2 milk as a healthier alternative to traditional A1 milk. The distinctive protein known as A2 beta-casein, which is present in A2 milk, is thought to be simpler to digest compared to the A1 beta-casein present in regular milk. Consumers are increasingly seeking A2 milk due to claims that it may alleviate digestive discomfort, particularly for those with lactose intolerance or milk protein sensitivity. This shift in consumer perception has propelled the market to new heights.
In addition to the changing perception of A2 milk's health benefits, the market has seen notable developments in product diversification and availability. Large dairy producers have reacted quickly to the increasing demand, as have smaller, niche A2 milk brands. This has resulted in an expanding range of A2 milk products, including not only A2 cow's milk but also A2 goat's milk, A2 sheep's milk, and various dairy derivatives like butter, yogurt, and cheese. The diversity of A2 dairy products on the market reflects the industry's commitment to catering to a wide range of consumer preferences and dietary requirements.
Many individuals in North America are becoming more health-conscious and are concerned about digestive issues related to consuming the A1 protein found in conventional milk. According to the American Gastroenterological Association, 40% of Americans' daily lives are disrupted by digestive troubles. Similarly, the Canadian Digestive Health Foundation reports that in a national Canadian survey, 16% of participants perceived that they had lactose intolerance. Thus, the demand for A2 milk in North America is expected to continue growing as consumers seek options that align with their digestive health concerns, dietary preferences, and the perception of A2 milk as a more natural and healthful choice compared to conventional milk.
The US market dominated the North America Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,611 Million by 2030. The Canada market is exhibiting a CAGR of 20% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 19% during (2023 - 2030).
Based on Product, the market is segmented into Liquid, and Powder. Based on Packaging, the market is segmented into Cartons, Bottles, and Others. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Convenience Stores, Online, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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- Liquid
- Powder
- Cartons
- Bottles
- Others
- Supermarket & Hypermarket
- Convenience Stores
- Online
- Others
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
Companies Mentioned
- 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.
Methodology
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