Camel Milk Products Market Growth & Trends
The global camel milk products market size is expected to
reach USD 18.3 billion by 2027, expanding at a CAGR of 6.8% over the forecast
period, according to a new report by Grand View Research, Inc. Increasing
awareness about the health benefits of camel milk products is driving the
market growth. They help in preventing numerous diseases such as diabetes,
autism, shingles, and cancer. Additionally, it is easy to digest, thus making
these products popular among lactose-intolerant consumers. Furthermore, camel
milk is the most nutritive dairy drink, which comprises copper, sodium, iron,
potassium, magnesium, vitamin A and C, and manganese.
The plain milk segment led the market in 2019
with more than 40% of the total revenue share. This is a traditional drink of
the Middle Eastern countries, where a large part of the population consumes raw
or plain milk. However, manufacturers are introducing innovative products
including powder, cheese, yogurt, butter, ice creams, chocolates, and infant
formula considering the growing demand.
For instance, in June 2019, Summer Land Camels
launched the first camel cheddar cheese in the world. It took one-year
researching and refining as the milk is difficult to curdle owing to its less
fat content. Similarly, in February 2019, Camelicious announced to launch a new
line of ice creams in U.K. The product range will include five flavors:
vanilla, strawberry, chocolate, pistachio, and hazelnut.
North America is expected to witness the
fastest growth rate over the forecast period. Camel dairy is gaining popularity
among consumers in U.S. and Canada. Furthermore, increasing number of diabetic
and lactose-intolerant people has widened the opportunity for the manufacturers
of the industry in the region.
For full research report on Camel Milk
Products Market visit here: https://www.grandviewresearch.com/industry-analysis/camel-milk-products-market
Camel Milk
Products Market Report Highlights
- In terms of distribution channel, offline
sales led the camel milk products market, contributing for more than 80%
of the global revenue
- North America is expected expand at the
fastest CAGR of 7.6% from 2020 to 2027, owing to growing market demand for
low-fat and nutritional drinks
- Middle East and Africa dominated the market in
2019, accounting for more than 60% share of the global revenue owing to
high consumption of raw milk in the nations including Saudi Arabia,
Somalia, and Ethiopia
- The fermented product segment is expected
register a CAGR of 9.5% from 2020 to 2027
- Major players in the camel milk products
market include Camelicious; Desert Farms, Inc.; The Camel Milk Co.; Summer
Land Camels; VITAL CAMEL MILK LTD; Camel Dairy Farm Smits; Al Ain Farms;
Tiviski pvt Ltd.; UK Camel Milk Ltd.; and Aadvik Foods
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/camel-milk-products-market/request/rs1
Camel Milk
Products Market Segmentation
Grand
View Research has segmented the global camel milk products market on the basis
of product, distribution channel, and region:
Camel Milk
Products Outlook (Revenue, USD Million, 2016 - 2027)
- Plain
- Flavored
- Powder
- Ice Cream
- Fermented
- Others
Camel Milk
Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)
- Offline
- Online
Camel Milk
Products Region Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Central & South
America
- Middle East &
Africa
- Saudi Arabia
- Sudan
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
No comments:
Post a Comment