IMARC Group, a leading market research company, has recently releases report titled “Donkey Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global donkey milk market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the donkey milk market?
The global donkey milk market size reached US$ 27.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 49.7 Million by 2028, exhibiting a growth rate (CAGR) of 10.4% during 2023-2028.
What is Donkey Milk?
Donkey milk is considered easily digestible due to its lower fat content and lactose composition. It can be tolerated by individuals who have difficulty digesting the milk of a cow. It contains essential nutrients and vitamins, which makes it a potential nutritional supplement for certain individuals, such as infants or people with specific dietary requirements. It aids preventing the build up of plaque in the arteries and improving blood circulation. It is believed to have nourishing and hydrating properties for the skin. It is used in skincare products, such as soaps and creams, for its potential moisturizing and anti-aging effects.
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What are the growth prospects and trends in the donkey milk industry?
The increasing awareness amongst individuals about the health benefits of donkey milk based products and the rising health consciousness among the masses represent one of the primary factors impelling the market growth around the world.
Moreover, the rising consumption of donkey milk by toddlers who have cow milk protein allergies is favoring the growth of the market. Besides this, donkey milk is used in the preparation of bakery goods and beverages, such as cookies, chocolate bars, shakes, smoothies, ice cream, and candies, which are served in various food outlets.
Along with this, the flourishing food and beverage (F&B) sector is contributing to the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Form:
- Liquid
- Powder
Breakup by Application:
- Cosmetics and Personal Care
- Food and Beverages
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Asinus Atlanticus Lda., Dolphin IBA, Eurolactis Italia Srl, Fattoria Donna Tina, Golden Donkeys Farm, Hellenic Asinus Farms, Stephenson Group Ltd, The Donkey Dairy PTY LTD and The White Sea & Baltic Company Limited.
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