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I AgreeAnalysis of Camel Milk market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Worldwide camel milk product sales are currently valued at US$ 1.34 billion and are anticipated to increase at a CAGR of 4.1% through 2032. As a result, the global camel milk market is expected to reach a market valuation of US$ 2.02 billion by the end of 2032
The market is anticipated to benefit from camel milk's rising popularity among lactose-intolerant consumers due to its simple digestion process. Additionally, because the milk has higher concentrations of copper, magnesium, manganese, iron, sodium, potassium, and vitamins A & C than cow milk, it is said to be more nutritional.
Report Attributes |
Details |
---|---|
Camel Milk Market Size (2022E) |
US$ 1.34 Billion |
Forecasted Market Value (2032F) |
US$ 2.02 Billion |
Global Market Growth Rate (2022-2032) |
4.1% CAGR |
North America Market Share (2022) |
15.3% |
Europe Market Share (2022) |
13.8% |
Market Share of Top 3 Countries |
34.3% |
Key Companies Profiled |
|
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Compared to cow's milk, camel milk has many times more iron and vitamin C. Furthermore, camel milk has more proteins and less fat and cholesterol as compared to cow milk.
Medical studies have also indicated that children with autism may live healthier lives by consuming camel milk. Additionally, it was discovered that people who are lactose intolerant tolerate camel milk far better than cow milk.
Camel dairy products have been steadily gaining popularity across the world owing to these nutrient-rich qualities. The variety and flavour of food products that can be manufactured from camel milk are also being increased by manufacturers of camel milk food products.
Fresh milk, flavour-infused milk, laban, cheese, ice cream, yoghurt, milk powder, newborn formula, etc., are popular end products of camel milk.
Expanding at a CAGR of 4.1%, the global camel milk market is projected to reach a size of US$ 2.02 billion by 2032-end.
“Several Health Benefits of Camel Milk Motivates Producers to Create Several By-products”
Gastrointestinal health and systemic immunity are both enhanced by camel milk. Compared to cow dairy, this milk has a low-fat level of around 2 to 3 per cent, which is likely to draw more health-conscious consumers who are watching their calorie consumption.
It also benefits young children and newborns because it is the closest substitute for breastfeeding. It is used to provide undernourished children with food in several Middle Eastern and African countries.
Traditionally, camel milk has been either raw or fermented. However, to appeal to more consumers, manufacturers are expanding their product lines in response to the growing number of urban consumers.
Saudi Arabia, the United Arab Emirates, Kazakhstan, Egypt, Mauritania, Morocco, Algeria, India, and Australia are just a few of the countries where ice cream, flavoured beverages, chocolates, and sweets are becoming more and more popular.
The market's vast possibility for product innovation and rising demand in underserved and growing markets will boost camel milk sales over the coming years.
“Nutrition-Rich Qualities Makes Camel Milk Prime Ingredient in Various Derivate Products
Due to its profile comprising rich essential nutrients and health-improving compounds, camel milk is widely used in food supplements. Camel milk is a natural probiotic that significantly improves digestive health, which is encouraging its use in pharmaceuticals.
Due to the growing demand for food items with functional ingredients and positive health effects, camel milk is also becoming more widely accepted as an ingredient in the food and beverage industry.
Camel milk is becoming increasingly popular as a source of calcium and vitamin B1 due to the rising demand for supplements high in these nutrients. The nutritional and medicinal qualities of camel milk have sparked its growth as a superfood, with a wide range of uses.
“High Cost May Dent Sales Growth of Camel Milk”
Due to high manufacturing costs, camel milk products are more expensive than standard dairy products made from cow milk.
480 grams of camel milk powder is available from Camelicious for US$ 95.95, compared to around US$ 4 per litre for cow milk. Over the coming years, market growth is anticipated to be hampered by the high cost of camel milk products relative to its counterpart.
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“New Entrants Can Focus on Promotion of Health Benefits of Camel Milk & Lowering Production Cost of Camel Milk Products”
The first stage is to inform and increase awareness among the affluent consumer base that camel milk is roughly 7-8X more expensive than cow milk.
The popularity of camel milk products among consumers who place a high value on beauty has contributed to the spread of a positive image of camel milk in the market.
Body lotions, shampoos, soap bars, and other personal care products made from camel milk have all seen brisk sales, especially in the U.S. and Europe.
Such high-end goods are heavily marketed and promoted by several beauty publications and salons. The market for camel milk will increase even more as a result of this strategy.
“Africa & Middle East Top Producer of Camel Milk”
Over the projected period, the North America camel milk market is anticipated to expand at a steady rate. At present, North America accounts for 15.3% of the global market share.
Due to its low sugar level, camel milk has become more popular among Americans and Canadians suffering from diabetes. Because of this, businesses in the sector are expanding their supply in these countries through both, traditional and online outlets. Most shops sell frozen drinks instead of fresh ones.
Africa and the Middle East provide a majority of camel milk to the world. The biggest producers of camel milk in the world are Somalia, Ethiopia, Kenya, Mali, Saudi Arabia, and Niger, with Somalia and Kenya accounting for more than 60% of production.
Saudi Arabia is also a large market in the world in terms of consumption, with an annual per capita consumption of almost 33 litres. In addition, the region's highest per capita consumption rates are found in Somalia, Sudan, Ethiopia, and Kenya.
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To fulfil the escalating demand for camel milk, producers are expanding their production capacity by increasing their camel herds.
Additionally, emerging markets such as the U.S., China, India, and Russia are anticipated to increase the market opportunities for camel milk manufacturers over the coming years.
Businesses have also been diversifying their offerings to attract more customers.
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Key players in the global camel milk market are QCamel, Aadvik Foods and Products Pvt. Ltd., Emirates Industry for Camel Milk & Products (EICMP), and Lokhit Pashu Palak Sansthan (LPPS).
Top 3 countries producing camel milk account for 34.3% market share.
By 2032, camel milk product demand is predicted to reach US$ 2.02 billion.
Africa and the Middle East are the top producers of camel milk in the world.