Camel Milk Products Market: Global Analysis by Camelicious; Desert Farms, Inc.; The Camel Milk Co.And Others
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
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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
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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