Camel Dairy Market will Grow at a CAGR of 3.3% | Valuates Reports
Camel milk is growing in popularity owing to its ease of digestion for lactose intolerant people, more nutritive than cow milk, growing number of urban consumers are the leading factors driving the global camel dairy market during the projected period.
According to TechSci Research report, “Global Camel Dairy Market–Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” . The global camel dairy market is expected to grow at a fast pace during the forecast period. The camel milk is converted into powdered form to keep the milk fresher for longer period. Camel milk powder contains higher iron, protein, and vitamin C than regular milk powder while having less fat. Camel milk powder is utilized as a potential diabetes prevention medication in addition to being rich in nutrients, which is anticipated to boost the demand of camel milk across the world.
Camels are farmed for their meat, milk, fiber, and for transportation. Owing to its numerous health advantages, camel dairy products such as camel’s milk are becoming more popular. For human body, it helps to lower insulin resistance and improve lipid profiles. Compared to cow’s milk, camel’s milk has a higher proportion of vitamin C and iron and a lower level of fat and cholesterol. Market value growth will be fueled by expanding e-commerce platform penetration, particularly in the developing countries, as well as strict regulations ensuring the production of high-quality organic milk will drive the market growth.
However, due to lesser camel milk production and higher breeding expenses, camel milk is more expensive than cow milk, which is expected to limit the growth of the market. Due to high production costs, camel milk products are more expensive than conventional dairy products. For instance, in Europe, Camelicious sells milk for USD 13 per liter, whereas the price of cow dairy products is roughly USD 0.40 per liter. In the United States, Desert Farms charges USD 35 per liter, while cow milk costs about USD 0.80 per liter. In the upcoming years, market growth is expected to be hampered by the high cost of camel milk products compared to competitors.
However, manufacturers are broadening their product lines to accommodate to this market as well as the demand of camel milk product is rising due to the rising urban consumers. Along with markets of ice cream, flavored beverages, chocolate, and sweets of camel milk are becoming more and more popular globally. Therefore, the huge possibility for product innovation owing to rising demand is expected to drive the market.
According to Food and Agriculture report, the camel population across the world is around 37.51 million, with 89.4% one humped camels and 10.6% million two humped camels. Kenya is largest producer of camel milk globally as this production is rising due to increase in consumption of camel milk, camel milk marketing, new products development from camel milk, and camel rearing. As well as the average amount of camel milk produced annually grew by around 37% during the previous ten years.
Furthermore, due to the presence of hydroxyl acids, which plump the skin and reduce the appearance of fine wrinkles, camel milk has been shown proven to have cosmetic effects.
The market is composed of a variety of camel milk products. Among these items is entire camel milk that has been pasteurized. However, camel milk fermented goods are uncommon because of difficulties in the manufacturing procedures. These include camel butter, camel cheese, and camel yoghurt.
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The camel dairy market is segmented based on product type, packaging type, end-user, and distribution channel. The market is divided into raw camel milk, pasteurized camel milk, flavored camel milk, camel milk cheese, camel milk yoghurt, camel milk laban, camel milk ghee, camel milk ice cream, camel milk powder, camel milk infant formula, and others based on lens type. Based on packaging type, the market is further divided into cartons, bottles, cans, and packets. Based on end user, the market is further split into baby, elder, adult. Based on distribution channels, the market is fragmented into supermarkets/hypermarkets, convenience stores, specialty stores, online stores, others (direct sales, etc.). On the basis of region, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Key market players in the global camel dairy market include:
- Emirates Industry For Camel Milk & Products Factory L.L.C (Camelicious)
- Desert Farms Inc.
- The Camel Milk Co. Australia Pty Ltd.
- Vital Camel Milk Ltd.
- Tiviski Pvt. Ltd.
- UK Camel Milk Ltd.
- Aadvik Foods and Products Pvt. Ltd.
- Dandaragan Camel Dairies Pty Ltd.
- Al Ain Farms For Livestock Production
- DromeDairy Naturals
Various International and domestic companies are trying to enhance their market reach by increasing their merger and acquisition as well as research and development activities. For instance, recently, the largest food products organization in India, Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), announced the introduction of “Amul Camel Milk” in a few select Gujarati marketplaces. These include Kutch, Ahmedabad, and Gandhinagar. Moreover, in 2020 Amul expanded its range of camel dairy products with the launch of camel milk ice cream and camel powder. Amul declares that its latest camel milk ice cream is made purely of camel milk. It contains no flavorings or colors, offering ice cream with a unique flavor of camel milk. Thus, offering various products made of camel milk is expected to enhance the market of camel dairy globally during the forecast period.
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“The rising demand for camel dairy is anticipated due to camel milk’s rising popularity among lactose-intolerant consumers owing to the product’s simple digestion. In addition, the milk is thought to be more nutrient-dense than cow milk due to its greater concentrations of copper, iron, sodium, potassium, magnesium, manganese, and vitamins A and C. Additionally, during the forecast period, various product offerings are also expected to fuel expansion of the global camel dairy market. The emergence of new products with increased flavor and adaptability, along with strong marketing support is expected to fuel the demand of camel dairy products,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Camel Dairy Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Product Type (Raw Camel Milk, Pasteurized Camel Milk, Flavored Camel Milk, Camel Milk Cheese, Camel Milk Yoghurt, Camel Milk Laban, Camel Milk Ghee, Camel Milk Ice Cream, Camel Milk Powder, Camel Milk Infant Formula, Others), By Packaging Type (Cartons, Bottles, Cans, Packet) By End-User (Baby, Elder, Adult) By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, Others (Direct Sales, etc.)), By Region, Competition, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of camel dairy in the global market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the global camel dairy market.
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