Future Market Insights (FMI) thorough analysis of the global market for A2 ice cream shows that it is set to reach a valuation of US$ 180.0 million in 2024. The market is projected to expand at a CAGR of 7.2%, attaining a valuation of US$ 360.0 million by 2034.
Demand for A2 Ice Cream Market
Factors, including rising demand for healthier ice cream, are set to influence the A2 ice cream market. As more individuals become conscious of lactose intolerance, a common condition where they have difficulty digesting lactose, they seek alternatives. Consequently, A2 ice cream is considered a suitable option for individuals with lactose intolerance, thereby driving demand.
Consumers are seeking unique and indulgent flavor experiences, and A2 ice cream manufacturers are responding by offering a wide range of innovative flavors and combinations. This includes exotic fruit flavors, gourmet ingredients, and collaborations with renowned chefs & brands.
Advancements in distribution and delivery play a vital role in shaping the A2 ice cream market, with online ordering and delivery services becoming integral. Consumers can now access a variety of A2 ice cream products more conveniently. Sustainability is another key focus as companies strive to adopt eco-friendly packaging solutions to reduce their environmental impact.
The A2 ice cream market is expected to rise through the forecast period due to increasing consumer demand for healthier and easier-to-digest dairy alternatives. The market is further driven by factors such as rising health consciousness, growing lactose intolerance, and product advancements in the industry.
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“The market is growing as a result of increasing consumer demand for organic goods and rising awareness of animal welfare. The dairy market’s continuous research & development efforts are expected to propel the A2 ice cream market’s growth trajectory and present profitable prospects for industry participants in the forecast period,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.)
Key Takeaways from the Report
- The global A2 ice cream market is expected to reach a valuation of US$ 360.0 million in 2034.
- The global market is projected to surge at a CAGR of 7.2% over the forecast period.
- The United States is projected to attain a market valuation of US$ 138.6 million by 2034.
- The chocolate flavor segment is estimated to hold a market share of 38.0% in 2024.
- Japan is estimated to rise at a CAGR of 7.0% during the forecast period.
Competitive Landscape
The a2 Milk Company, Braum’s Inc., Alec’s Ice Cream, GoDesi Milk, Re: THINK, and Miller’s Bio Farm are the leading players operating in the market. Companies are improving the quality of their products to access a wider market by pursuing acquisitions and mergers. This is because pooling resources, experience, and clientele can open doors to fresh talent, manufacturing sites, distribution channels, and technology. Key players are introducing new products in the market to remain competitive and adapt to the shifting needs of their clientele.
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Leading Manufacturer of A2 Ice Cream:
- The a2 Milk Company
- Braum’s Inc.
- Alec’s Ice Cream
- GoDesi Milk
- Re:THINK
- Miller’s Bio Farm
- UNITED FARMERS CREAMERY
- APPLEBY FARMS ICE CREAM
- MOO-ville Creamery
- THAYUMANAVAR A2 DAIRY FARMS PVT LTD
- Amos Miller Organic Farm
- Highland Farms
- PEI ORGANIC FOODS LLP
For instance,
- In 2023, Alec’s Ice Cream extended its distribution reach to more retailers, including Sprouts Farmers Markets and Natural Grocers, giving the company a place in the freezer aisle at more than 1,000 retailers.
- In 2020, Re: THINK Ice Cream launched lactose-free ice cream with A2 dairy and collagen, catering to consumers who are averse to dairy but still want the traditional dairy ice cream experience.
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Get More Valuable Insights
Future Market Insights (FMI) brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2019 to 2034. The global A2 ice cream market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
The study provides compelling insights into the A2 ice cream market segment based on flavor (vanilla, fruit flavor [strawberry, mango, orange], chocolate, maple, latte), packaging (cups, cones, tubs, and others), distribution channel (hypermarket/supermarket, convenience stores, departmental stores, wholesale stores, specialty health and wellness stores, independent retailers, specialty stores, pharmacies and drugstores and online retailers), and region
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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