Enjoy complimentary customisation on priority with our Enterprise License!
The Donkey Milk Market size is forecast to increase by USD 20.16 million, at a CAGR of 9.64% between 2023 and 2028.
In 2023, Europe played a significant role in the expansion of the global donkey milk market. The region's substantial market share is attributed to the increasing demand for cosmetics products incorporating natural ingredients, particularly notable in countries like the UK, Germany, and Italy. The adoption of donkey milk by consumers in the UK, driven by the pursuit of sustainable health practices, is a key driver of regional market growth. Aadvik Foods and Products Pvt. Ltd offers donkey milk products such as Lac Jennius freeze-dried donkey milk powder, and donkey milk soap in green tea and coffee flavor.
The market shows an accelerated CAGR during the forecast period.
To get additional information about the market report, Request Free Sample
One of the key factors driving the market growth is the increasing applications of donkey milk. Donkey milk is being used in various industries, such as the food and beverage industry, cosmetics industry, and others. In addition, the increasing product diversification, including the development of new dairy products and expansion into the cosmetics and skincare industry, drives the growth of the global market.
Moreover, products derived from donkey milk, including cheese, yogurts, ice creams, and other value-added items, are poised to appeal to a broader consumer base seeking alternative dairy options. Donkey milk is also utilized in the production of dietary supplements, available in convenient forms such as capsules or powders, enabling consumers to access its nutritional benefits conveniently. These factors contribute significantly to the increasing market demand for donkey milk products, driven by consumer preferences for healthy and functional foods. In a similar vein, camel milk, known for its unique nutritional profile and potential health benefits, is also gaining traction in the market. Products derived from camel milk, such as milk powder, chocolates, and skincare products, are expanding their consumer reach globally, highlighting a growing trend towards diverse and nutritionally beneficial dairy alternatives.
A key factor shaping the market growth is the increasing demand for donkey milk driven by allergen sensitivities. The demand for donkey milk is fuelled by allergen sensitivities in individuals. In addition, donkey milk may be a suitable alternative to other types of milk, particularly cow's milk, for individuals with allergies or sensitivities. Furthermore, donkey milk contains different proteins than cow's milk.
Moreover, donkey milk offers distinct nutritional advantages due to its protein structure, which differs from cow's milk. This structural difference makes donkey milk potentially more tolerable for individuals with cow's milk protein allergies, reducing the likelihood of allergic reactions. Additionally, donkey milk is recognized for its hypoallergenic properties, further minimizing allergic responses compared to other types of milk. These factors contribute significantly to the growing market demand for donkey milk products, particularly among consumers seeking alternative dairy options. As awareness of its nutritional benefits spreads, coupled with increasing consumer preference for hypoallergenic and health-promoting products, the market for vitamin ingredients in donkey milk is expected to expand steadily during the forecast period, catering to diverse dietary needs and preferences.
The growing vegan population is one of the key challenges hindering the market growth. The growing number of people adopting a vegan lifestyle results in reduced demand for animal-derived products, including donkey milk. In addition, vegans often prefer plant-based milk alternatives such as almond milk, soy milk, oat milk, or coconut milk.
Moreover, the rising popularity of plant-based milk alternatives has surged owing to the increase in demand from the vegan and lactose-intolerant consumer segments. In addition, this shift may divert attention away from traditional animal milk, including donkey milk. Furthermore, the growth of the vegan population has led to increased innovation in plant-based food and beverage products. Hence, such factors are hindering the market growth during the forecast period.
The nutritional value and digestibility of the powder segment will increase the market growth. Donkey milk is served in powder form to make use of the various advantages of donkey milk as the power comes with a potentially longer shelf life than donkey milk. In addition, donkey milk powder is made using the freeze-drying process, which helps retain the nutrients of the donkey milk. Moreover, donkey milk powder is packed without any oxygen and has around 24 months of shelf life. In addition, donkey milk in powder form remains durable without adding any chemical preservatives while keeping its natural color, flavor, nutrients, and essential substances from the fresh donkey milk. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
The cosmetics and personal care segment is estimated to witness significant growth during the forecast period. Factors such as the increasing needs of the personal care industry and increasing concerns regarding skin nourishment are expected to fuel the growth of the cosmetics and personal care segment. In addition, donkey milk is a natural, eco-friendly ingredient that is free from synthetic chemicals and additives.
The cosmetics and personal care segment was the largest segment and was valued at USD 13.51 million in 2018.
For a detailed summary of the market segments Request for Sample Report
Moreover, the growing trend towards natural and organic cosmetic products increases the demand for donkey milk-based cosmetics among consumers seeking natural and sustainable skincare solutions. Additionally, the significant innovation in the cosmetics and personal care segment in terms of developing new products and new formulations and the incorporation of donkey milk in hair care products, such as shampoo conditioners, is driving the demand for donkey milk in cosmetics and personal care. Furthermore, the growing influence of social media and beauty influences plays a significant role in raising the demand for cosmetics and personal care. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
Europe is estimated to contribute 39% to the growth of the global market during the forecast period
Get a glance at the market share of various regions View PDF Sample
Technavio's analysts provide comprehensive insights into market forecasting, focusing on regional trends and drivers shaping the trajectory throughout the forecast period. In Europe, donkey milk production is concentrated in Italy, strongly supported by government promotion and initiatives aimed at expanding human consumption. The Italian government actively supports the donkey milk production chain through various measures, including incentives and tax credits for local producers and farmers. Additionally, countries like the UK are increasingly exploring donkey milk production as a response to challenges in their dairy cow sector and as an avenue for product diversification. These factors underscore significant market growth in Europe for donkey milk products. Meanwhile, the Indian flavored milk market is experiencing notable growth driven by increasing consumer demand for convenient and nutritious dairy products. The market for flavored milk in India continues to expand with diverse product offerings and strategic marketing efforts by leading dairy companies.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market forecasting growth and analysis.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Chowdeswari Dairy Farm, Dolphin IBA Nutricosmetics and Cosmeceuticals Pvt Ltd., Donna Tina Co., Dulcededonke, Eurolactis Group SA, Golden Donkeys Farm, J M JADEJA DONKEY FARM, JSR Donkey Farm, Kalyani Farm House, Mahadev Donkey Milk Dairy, RJ Donkey Farm, Shri Aarogyam Donkey Milk, SRI. SHANTHI TYRES, TDS Donkey Farm, The Donkey Dairy Pty Ltd., VedaOils, and YESRAJ AGRO EXPORTS PVT. LTD
The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Donkey Milk Market Scope |
|
Report Coverage |
Details |
Page number |
156 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.64% |
Market Growth 2024-2028 |
USD 20.16 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
8.63 |
Regional analysis |
Europe, APAC, North America, Middle East and Africa, and South America |
Performing market contribution |
Europe at 39% |
Key countries |
US, China, Italy, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aadvik Foods and Products Pvt. Ltd., Asinus Atlanticus SA, AZIENDA AGRICOLA MONTEBADUCCO, Chowdeswari Dairy Farm, Dolphin IBA Nutricosmetics and Cosmeceuticals Pvt Ltd., Donna Tina Co., Dulcededonke , Eurolactis Group SA, Golden Donkeys Farm, J M JADEJA DONKEY FARM, JSR Donkey Farm, Kalyani Farm House, Mahadev Donkey Milk Dairy, RJ Donkey Farm, Shri Aarogyam Donkey Milk, SRI. SHANTHI TYRES, TDS Donkey Farm, The Donkey Dairy Pty Ltd., VedaOils, and YESRAJ AGRO EXPORTS PVT. LTD |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
BUY NOW Full Report and Discover more
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.