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The A2 Milk Market Estimated To Witness High Growth Owing To Rising Health Awareness And Growing Demand From China Market

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Pooja Khodke
The A2 Milk Market Estimated To Witness High Growth Owing To Rising Health Awareness And Growing Demand From China Market

The global A2 Milk Market is estimated to be valued at US$ 56.4 Mn in 2022 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Segment Analysis


The global A2 milk market is segmented into packaging type and distribution channel. Among packaging types, the cartons segment held the largest market share in 2022 and is expected to continue its dominance over the forecast period. Cartons provide better shelf life to the products as compared to pouches and bottles. In terms of distribution channels, the supermarkets and hypermarkets segment accounted for the highest revenue share in 2022. Easy availability of various brands and offers/discounts in supermarkets drive this segment.


Key Takeaways


The global A2 Milk Market size was valued at US$ 1.74 billion in 2022. It is expected to witness high growth, exhibiting a CAGR of 15.81% over the forecast period from 2023 to 2030, due to increasing health consciousness among consumers and growing awareness about the benefits of A2 milk.


Regional analysis indicates that the Asia Pacific region dominated the global A2 milk market in 2022 and is expected to continue its dominance during the forecast period. Growing consumer awareness about A2 milk and improving distribution channels are driving the market in the region.


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. Major players are focusing on expanding their product offerings, strengthening distribution networks, and enhancing their presence in both developed and developing regions through strategic partnerships and collaborations to gain competitive advantage in the market.




Read More :  https://www.newsstatix.com/the-a2-milk-market-estimated-to-witness-high-growth-owing-to-rising-health-awareness-and-growing-demand-from-china-market/

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