Top Emerging Trends Of Camel Milk Products Market Progress Forecast 2027

Posted by Mrudula Anil Karmarkar on April 9th, 2021

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.

Amidst the global pandemic crisis and the indefinite lockdown across nations, the consumer food & beverage industry first witnessed high demand for household staples, healthy food items, and consumables with longer shelf lives. The demand for frozen food products, fruits & vegetables, eggs, flour, and whole grains, among others, witnessed a considerable increase during the early stages of the crisis. Presently, most companies in the industry are faced with low consumption of their products and supply chain challenges. The companies are focusing more on altering their supply chains in order to reinforce their online presence and delivery measures, in an attempt to adapt to the present business environment. The changes in consumer buying behavior and the dynamic shifts towards online and D2C distribution channels may have serious implications on the near future growth of the industry. Our team is diligently working towards accounting these factors in our report with the aim of providing you with the up-to-date, actionable market information and projections.

The plain milk segment led the market in 2020 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 2020, 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 2020, 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.

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 2020, 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

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.

It is one of the most nutritious dairy beverages, which includes natural probiotic in it. Camel milk helps improve systemic immunity and gastrointestinal health. The drink has low-fat content, which is about only 2 to 3%, as compared to cow dairy, and thus, is expected to attract more health-conscious consumers who are checking their calorie intake. In addition, it aids infants and children, as it is the closest substitute for breastmilk. In various nations in the Middle East and Africa, it is used to feed undernourished children.

Camel milk is conventionally consumed in raw or fermented forms. However, with growing number of urban consumers, manufacturers are diversifying their offerings to cater to this population. Ice cream, flavored beverage, chocolate, and sweets are gaining popularity among nations including markets in Saudi Arabia, UAE, Kazakhstan, Morocco, Algeria, India, Egypt, Mauritania, and Australia. Thus, the market has a wide opportunity in terms of product innovation owing to increasing demand in the emerging and untapped markets.

Camel milk products are relatively expensive as compared to the traditional cattle dairy items due to high production costs. Camelicious sells milk for USD 13 per liter in Europe, whereas, the cow dairy drink costs around USD 0.40 per liter. Similarly, Desert Farms offers USD 35 per liter in the U.S., while cow milk is priced at around USD 0.80 per liter. The high price of camel milk products as compared to other counterparts is expected to hamper the market growth in the coming years.

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Key camel milk products manufacturers include Camelicious; Desert Farms, Inc.; The Camel Milk Co.; VITAL CAMEL MILK LTD; Camel Dairy Farm Smits; Al Ain Farms; Tiviski Pvt Ltd.; UK Camel Milk Ltd.; Aadvik Foods; and QCamel. The producers are expected to expand their production capacity in the upcoming years by increasing their herd size in order to meet the rising demand. Furthermore, emerging markets such as the U.S., China, India, and Russia are expected to widen the scope for the manufacturers in the upcoming years.

Moreover, companies have been expanding their portfolio in order to increase their consumer base. For instance, in November 2020, Aadvik Foods launched a powder form of camel milk. This powder is made using the freeze-drying process, which preserves the naturally occurring properties of the milk. The company is also planning to add sugar-free chocolates in its portfolio in the upcoming years.

Grand View Research has segmented the global camel milk products market on the basis of product, distribution channel:

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

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.

For More Information:www.grandviewresearch.com

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Mrudula Anil Karmarkar

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Mrudula Anil Karmarkar
Joined: July 2nd, 2020
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