How Much Revenue Donkey Milk Market Will Generate Globally Till 2028? |Grand View Research, Inc.Posted by Mrudula Anil Karmarkar on February 2nd, 2023 The global donkey milk market size is expected to reach USD 45.0 million by 2028, registering a CAGR of 9.9% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is accelerated by the increasing demand for powder-based jenny milk from emerging economies, such as China and India. However, the high maintenance cost needed to run the equipment of milk dairy is hampering the donkey milk market growth. Rising demand to procure cost-effective cosmetics & personal care products is the upcoming opportunity for the donkey milk market. The donkey milk sale has augmented during the COVID-19 period, due to its high nutritive quality, such as protein, iron, vitamins, minerals, and others. The donkey milk sale has augmented during the COVID-19 period due to its high nutritive quality, such as protein, iron, vitamins, minerals, and others. Moreover, the increased focus to boost the immunity system is a major factor to propel the market growth. The food & beverages segment is projected to register the fastest growth during the forecast timeline. This growth is owing to the increased demand for bioactive proteins from developed countries, such as the U.S. and Canada. The rising awareness across the globe to adopt the dietary supplement is anticipated to refuel the market growth. As per Food and Agriculture Organization (FAO), donkey’s milk can be considered a balanced diet, and dairy foods as it is rich in dietary energy and protein. The powder segment contributed to the highest share of above 65% in the global market revenue in 2021. The increasing demand for fat-free milk powder is a major factor to aid the business growth during the forecast period. In addition, the donkey milk powder is mainly a rich source of minerals, essential fats, protein, bioactive enzymes, and several growth factors like riboflavin, and vitamin D, which offer natural growth to the skin. The growing need to maintain the body's metabolism is a prime factor to propel the sales of jenny milk during the forecast period. Europe dominated with a revenue share of above 35% in 2021. The growing adoption of jenny milk in the UK to maintain sustainable health is a major factor to drive the market growth. The increasing disposable income of the developing countries to consume healthy milk products is a major factor to foster the market growth. The key players located in the UK and Italy are providing jenny milk at an affordable cost that rewards the strong immune system of consumers. To Request Sample Copy of this report, click the link: https://www.grandviewresearch.com/industry-analysis/donkey-milk-market-report/request/rs1 The key players of jenny milk are utilizing firmness technology in cosmetics & personal care products. Innovative technology is adopted in the cosmetic industry to procure herbal products. At present, key players are focusing to procure fat-free omega-3 milk to maintain a healthy diet. Hence, the donkey milk market is projected to showcase significant growth during the forecast period. In March 2020, European Union implemented a national lockdown to reduce the effect of the novel coronavirus disease. The supply chain of essential goods & services had affected during the financial year 2022-2020. The donkey milk sale has augmented during the COVID-19 period due to its high nutritive quality, such as protein, iron, vitamins, minerals, and others. In the COVID-19 pandemic, the demand for milk products has slightly increased due to the growing demand for lactose. Moreover, the increased focus to boost the immunity system is a major factor to propel the market growth. Donkey Milk Market Report Highlights
The growing acceptance of jenny milk to accomplish the demand for essential antioxidants and nutrients is the major factor driving the market growth. Moreover, the rising demand for highly digestible milk products in developing countries such as China and India is anticipated to aid the business growth. A surge in demand for natural ingredients and the current trend toward clean labeling will likely drive the development of the donkey milk market. Rising demand to procure cost-effective cosmetics & personal care products is the upcoming opportunity for the market. However, the high maintenance cost needed to run the equipment of milk dairy is hampering the donkey milk market growth. At present, key players are procuring the fat-free omega-3 jenny milk in powder form to gain the traction of milk consumers. Hence, the market is expected to showcase significant market growth during the assessment period. As per Food and Agriculture Organization (FAO), donkey’s milk can be considered a balanced diet, and dairy foods as it is rich in dietary energy and protein. Donkey milk is mainly utilized in the manufacture of cheese, chocolates, as well as cheddar. Its properties are almost identical to that of human milk because it contains components like lactose and proteins. In most cases, it is used as an alternative for infants with cow milk protein allergies. Moreover, it contains immune-increasing compounds, which safeguard toddlers from allergies and diseases. In addition, the large content of lysozyme offers stoppage from a pathogenic microorganism. List of Key Players of Donkey Milk Market
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