Camel milk Market Size, Growth, Trends & Analysis 2022-2029

 

Camel Milk Market is estimated to grow at a CAGR of 6.5% during the forecast period 2022-2029.

The factors driving the growth of Camel Milk Market includes increase in the lactose intolerant population around the world, rising awareness about the benefits of consuming camel milk, growing demand for lactose free products and improvements in the living standards. Moreover, rise in the launch of innovative flavors, growing adoption of advanced technologies by manufacturers, increasing popularity of flavored milk, Laban and cheese products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.

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However, growth of the Camel Milk Market is hindered because camel milk is more expensive than cow milk.

The prominent players operating in the market are Aadvik Foods, The Camel Milk Co., QCamel, Desert Farms, Inc., Camelicious, Camel Dairy Farm Smits, Vital Camel Milk Ltd, Tiviski pvt Ltd and Al Ain Farms, among others.

Based on Product, the Plain Milk segment is predicted to expand at a remarkable CAGR during the forecast period

Growing consumption of camel milk products in the Middle eastern countries owing to its health benefits, is the major factor propelling Camel Milk Market size.

Based on Distribution Channel, the Offline segment is projected to capture the largest market share over the forecast period

Offline distribution channels such as Hypermarkets and Supermarkets offer wide variety different flavors of camel milk products at attractive discount and provides the option of free home delivery, are some of the factors pushing growth of the segment.

Based on Region, the RoW region is anticipated to hold the highest market share during the forecast period

Growing consumption of camel milk products across Ethiopia, Saudi Arabia, Mali, and Somalia, increasing availability of camel milk products at online stores, rapid urbanization, rising per capita incomes and growing population growth rates, are some of the important factors augmenting the market growth.

Key Developments

• In 2019, Aadvik Foods extended its portfolio of camel milk products. The company launched camel milk powder to cater to the growing demand for healthy and high-quality food products among the consumers.
• In 2019, Camelicious introduced camel milk ice creams in five flavors including chocolate, vanilla, strawberry, pistachio, and hazelnut in the UK. This camel milk-based ice creams helps in improving mood and provide various health benefits to consumers across UK.

Market Segmentation

Segmentation by Product

• Plain Milk
• Flavored Milk
• Powder
• Ice Cream
• Fermented
• Others

Segmentation by Distribution Channel

• Offline
• Online

Segmentation by Region

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

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