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Donkey Milk Market Size Study, By Type, Application and Regional Forecasts 2027

Donkey milk market size was valued at $28,180 thousands in 2019, and is projected to reach $68,139.0 thousands by 2027, registering a CAGR of 9.4% from 2021 to 2027.  Global Leaders: The key players profiled in the donkey milk industry report include Asinus Atlanticus S. A., Dolphin IBA, Donna Tina Farm, Eurolactis Italia Srl, Golden Donkeys Farm, Hellenic Asinus Farms, Stephenson Group Ltd,…

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Donkey Milk Market Supply and Demand with Size (Value and Volume) by 2030

According to a new report published by Allied Market Research, titled, Donkey Milk Market by Application and Form: Global Opportunity Analysis and Industry Forecast, 2021–2027,” the global donkey milk market size was valued at $28,180 thousands in 2019, and is projected to reach $68,139.0 thousands by 2027, registering a CAGR of 9.4% from 2021 to 2027. Increase in use of donkey’s milk in various cosmetics and personal care products such as creams, soaps, moisturizers, and others drives the growth of the global donkey’s milk market. Moreover, cosmetics industry has evolved in countries such as the U.S., Canada, and Italy; therefore, the market is growing at a steady rate in these countries. Furthermore, to improve sales, manufacturers of cosmetics products are capitalizing on rise in consumer interest towards natural ingredients. In addition, the ongoing trend of clean label and advanced natural ingredients is providing added advantage to the producer for producing further new products. Thus, surge in demand for natural ingredients and ongoing trend of clean label are expected to drive the growth of the donkey milk market.

The number of social media users have increased considerably with rise in internet penetration. Taking this into consideration, stakeholders of donkey milk are indulged in creating awareness regarding donkey milk products and its benefits for health. Moreover, social media is one of the strategies adopted by various manufactures on imparting awareness about their product offerings among target customers on social media channels. Thus, through social media awareness strategy, the global donkey milk sights critical opportunity in gaining traction and increasing its customers reach among its target segments. However, high price of donkey’s milk than price of cow milk, buffalo milk, and goat milk restrains the donkey milk market growth. Moreover, products that are made from donkey milk such as cheese, chocolates, cheddar, and others are also expensive. In addition, a kilogram of donkey milk cheese costs around $1,130 which makes it the world’s most expensive cheese. Moreover, lack of government support for producing donkey milk and unavailability of donkey farm affect the production and cost of the milk. Moreover, the manufacturers do not have a proper supply chain owing to which it is not available in hypermarket/supermarket or online sales channel. These factors restrain the growth of the donkey milk market.

Explore More @ https://www.alliedmarketresearch.com/donkeys-milk-market 

The outbreak of COVID-19 has positively impacted the donkey milk market in 2020, as sale of companies has increased, owing to its high nutritious properties. In addition, according to the Food and Agriculture Organization (FAO), donkey’s milk can be a component of a balanced diet, milk, and dairy products and it can be an important source of dietary energy, fat, and protein. Furthermore, increase in adoption of donkey’s milk due to high vitamin content and ability to boost the immune system, during the COVID-19 pandemic to keep the immune system well drives the market growth.

Key Findings Of The Study

Based on application, the donkey milk market is bifurcated into cosmetics & personal care and food & beverages. Cosmetics & personal care constitute a major donkey milk market share; however, the food & beverages segment is projected to experience growth at the highest CAGR during forecast period.

On the basis of form, the donkey milk market is categorized into liquid and powder. The powder segment holds the largest market share, accounting for around 63.5% of the total revenue in 2019, followed by liquid segment.

By region, Europe accounted for highest market share in 2019, and is expected to grow at a CAGR of 8.1%. 

The key players profiled in the donkey milk industry report include Asinus Atlanticus S. A., Dolphin IBA, Donna Tina Farm, Eurolactis Italia Srl, Golden Donkeys Farm, Hellenic Asinus Farms, Stephenson Group Ltd, The Donkey Dairy PTY LTD, The White Sea & Baltic Company Limited, and Vro Enterprises.

#Donkey Milk Market #Donkey Milk Market Size #Donkey Milk Market Share #Donkey Milk Market Growth #Donkey Milk Market Key Players

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Donkey Milk Market Experiences a Noticeable Growth with Key Dynamics at High CAGR value

According to the report published by Allied Market Research, the global donkey milk market was estimated at $28,180 thousands in 2019 and is expected to hit at $68,139 thousands by 2027, registering a CAGR of 9.4% from 2021 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Increase in use of donkey milk in food & beverages, surge in utilization of donkey milk in cosmetics industry, and growth in consumption of donkey milk by health conscious consumers fuel the global donkey milk market. On the other hand, lack of awareness regarding donkey milk and its high cost impede the growth to some extent. However, surge in social media awareness is expected to offer an array of opportunities in the industry.

Download Sample Copy Of this Report@ https://www.alliedmarketresearch.com/request-sample/5662

The key players profiled in the donkey milk industry report include:

Asinus Atlanticus S. A.

Dolphin IBA, Donna Tina Farm

Eurolactis Italia Srl

Golden Donkeys Farm

Hellenic Asinus Farms

Stephenson Group Ltd

The Donkey Dairy PTY LTD

The White Sea & Baltic Company Limited

Vro Enterprises.

 The global donkey milk market report is analyzed across application, form, and region. On the basis of application, the cosmetics and personal care segment accounted for more than three-fourths of the total market share in 2019, and is projected to retain its dominance during the forecast period. The food and beverages segment, on the other hand, would manifest the fastest CAGR of 10.4% from 2021 to 2027.

On the basis of form, the powder segment contributed to nearly two-thirds of the total market revenue in 2019 and is expected to rule the roost by 2027. Simultaneously, the liquid segment is expected to grow at the fastest CAGR of 10.3% from 2021 to 2027.

Purchase this Report (Price 5,769 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/84bb13aae19d8035bd148fa76bb4e940

On the basis of region, Europe garnered the major share in 2019, garnering nearly half of the global donkey milk market.  At the same time, the market across Asia-Pacific would register the fastest CAGR of 11.5% from 2021 to 2027. The other two provinces discussed in the report include North America and LAMEA.

Covid-19 scenario-

The outbreak of covid-19 led to increase in sales of donkey milk, due to its highly nutritious properties such as vitamins, minerals, protein, iron, and others.

At the same time, as people are getting inclined toward organic skin care products, the demand for donkey milk, as a key ingredient, seemed to rise in the cosmetics and personal care industry.

Key Findings Of The Study

Based on application, the donkey milk market is bifurcated into cosmetics & personal care and food & beverages. Cosmetics & personal care constitute a major donkey milk market share; however, the food & beverages segment is projected to experience growth at the highest CAGR during forecast period.

On the basis of form, the donkey milk market is categorized into liquid and powder. The powder segment holds the largest market share, accounting for around 63.5% of the total revenue in 2019, followed by liquid segment.

By region, Europe accounted for highest market share in 2019, and is expected to grow at a CAGR of 8.1%. 

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/5662

About Allied Market Research:

 Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

 We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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