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Global Camel Milk Product Market to Reach USD 25.04 Billion by 2032

World 14.08.2024
Source: DairyNews.today
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The global camel milk product market is poised for significant growth, with market value expected to increase from USD 14.09 billion in 2023 to USD 25.04 billion by 2032, representing a compound annual growth rate (CAGR) of 6.6% over the forecast period (2024–2032). This surge is largely driven by increasing consumer awareness of the health benefits associated with camel milk, particularly among lactose-intolerant individuals.
Global Camel Milk Product Market to Reach USD 25.04 Billion by 2032

Camel milk, known for its rich nutritional profile, has garnered global attention due to its higher levels of potassium, calcium, iron, and vitamin C compared to cow's milk, as well as its lower saturated fat content. Its absence of β-lactoglobulin, a common allergenic protein in dairy milk, makes camel milk an ideal alternative for those with lactose intolerance who prefer animal-based milk over plant-based options.

Key studies have highlighted the nutritional proximity of camel milk to human milk, further boosting its appeal. The market is also benefiting from significant investments and the entry of established players into the camel milk sector. For instance, the Gujarat Cooperative Milk Marketing Federation (GCMMF), India's largest dairy cooperative, expanded its product offerings in 2020 with UHT-treated camel milk and camel milk powder under the "Amul" brand.

Asia-Pacific emerges as a key region in the global market, holding the largest share and expected to grow at a CAGR of 7.1% during the forecast period. The region's long-standing tradition of camel milk consumption, combined with increasing production and promotion efforts by major dairy companies, underscores the market's growth potential.

The camel milk products market is segmented by product type, including plain milk, powder, ice cream, flavored milk, and fermented products. The plain milk segment leads the market and is anticipated to continue its dominance with a CAGR of 6.1% through 2032. Distribution channels are divided into online and offline, with the offline segment holding the highest market share and projected to grow at a CAGR of 6.5%.

Recent product innovations, such as Camel Milk Co Australia's launch of freeze-dried camel milk powder and Amul's expansion of its camel dairy product range, are further propelling market growth. These developments highlight the increasing demand for camel milk products and the market's promising outlook in the coming years.


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