Pune, India, Aug. 08, 2022 (GLOBE NEWSWIRE) — The global A2 milk market size was pegged at USD 1.84 billion in 2021. The market is anticipated to surge from USD 2.03 billion in 2022 to USD 4.27 billion by 2029 at 11.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “A2 Milk Market, 2022-2029.”
According to the analysis, A2 protein will be highly sought-after for easy digestion among the lactose intolerant population. A notable surge in disposable income and burgeoning population will complement increasing awareness about the upsides of A2 milk across emerging and advanced economies.
COVID-19 Impact
Closure of Supermarkets Challenged Stakeholders
The prevalence of the demand-supply gap challenged stakeholders striving to overcome challenges stemming from the COVID-19 pandemic. The closure of supermarkets did not bode well for the business outlook. That said, the trend for online stores and the resumption of global trade prompted industry players to invest in R&D investments. The prevailing trends suggest a robust outlook globally, with major players poised to inject funds to boost their footprint.
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Major Players Profiled in the Report:
- The A2 Milk Company (New Zealand)
- Godrej Jersey (India)
- Gujarat Co-operative Milk…
