Global Donkey Milk Market - 2022-2029

Global Donkey Milk Market - 2022-2029

Market Overview

The global donkey milk market was valued at USD XX million in 2021. It is forecasted to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

Donkey milk is the most similar to cow milk. It may appear to be a trendy newcomer to the milk market, but it has been there for over a thousand years. Due to its nutritional and health benefits, it has recently gained appeal in several parts of Europe. Donkeys are members of the Equidae family, which includes horses and zebras. Various donkey breeds have been domesticated throughout the world. Jennies, or female donkeys, have been renowned for their milk for thousands of years. When compared to the milk of other dairy animals such as goats, buffalos, sheep, cows, and camels, donkey milk is most likely to resemble human breast milk. Furthermore, rising consumer awareness of skincare products and rising demand for powder-based jenny milk are expected to drive market expansion over the forecast period.

Market Dynamics:

Increasing awareness of the health benefits of donkey’s milk

Scientists believe that donkey milk has antibacterial properties due to its high protein content. Several trials have demonstrated it to help prevent stomach diseases caused by viruses and bacteria. Donkey milk may also aid in forming beneficial bacteria in the gut. Donkey milk and its derivatives are also beneficial foods for older adults due to their low-fat content and favorable lipid composition. Other putative health benefits, such as antibacterial activity, immune system activation, protection of inflammatory illnesses, and antiaging qualities, are increased when endogenous bioactive substances are present. Donkey milk, often a nutraceutical product, appears to suit the growing customer desire for natural and health-promoting meals.

Furthermore, due to its anti-inflammatory, antiaging, and other qualities, donkey milk plays an important role in preserving the skin from UV damage. Due to these benefits, donkey milk has become a popular ingredient in skin care products such as creams, lotions, serums, toners, and cleansers. Donkey Milk also helps to preserve the skin from aging. The polyphenols in donkey milk help prevent the development of free radicals, which can damage the skin's network of cells while also promoting skin health.

Market Segmentation:

Powder accounted for the highest share in global donkey milk market

In 2021, the powder segment accounted for the largest share of global market sales, accounting for over XX percent. The origin of donkey milk powder is natural, and it is an important ingredient widely used in the cosmetics sector. Furthermore, donkey milk powder is high in minerals, vital fats, protein, bioactive enzymes, and various growth factors such as riboflavin and vitamin D, all of which help the skin grow and tone naturally. The industry is expected to see increased investment from private companies to purchase powder milk in the coming years. The improved ease of access combined with lower costs will enable this industry to generate significant income in 2021.

In 2021, cosmetics and personal care accounted for roughly XX percent of global market value. This is due to the personal care industry's growing needs and desire for novel natural ingredients. Furthermore, demand for herbal cosmetics and personal care items such as peels and face masks increase. Jenny milk comprises natural cosmetic components that have distinct cosmetic qualities. The market demand will be fueled by the rising use of fairness cream to keep the skin's light texture.

Geographical Penetration:

Europe is the dominating region during the forecast period

Europe made the largest contribution to the global donkey milk market with over XX% share in 2021 due to the increasing demand for herbal cosmetics products in the U.K., Germany, and Italy. The growing adoption of jenny milk in the U.K. to maintain sustainable health is propelling the market growth. Europe is the main consumer of donkey’s milk, and important nations such as Spain, Belgium, Portugal, Italy, Bulgaria, France, and Greece are the major consumer of donkey’s milk in Europe. The rising consumption of refreshing milk products, the high imports of powder-based jenny milk, and the increasing health concern of consumers are expected to boost the market.

Asia Pacific is projected to witness a CAGR of XX% during the forecast period. This can be attributed to the increasing demand for nutrient-enriched jenny milk in the region. The emerging trend in China to adopt the clean-labeled milk product to maintain a healthy life is propelling the market growth. The demand for the product in Asian countries is expected to increase in the nutraceutical and cosmetic sectors, which will positively support the market growth. The growing adoption of jenny milk in India to procure anti-aging skin products is further estimated to show the fastest growth rate during the forecast period.

Competitive Landscape:

The global donkey milk market is fragmented. The key players in the donkey milk market include Asinus Atlanticus S. A., Dolphin IBA, Donna Tina Farm, Eurolactis Italia Srl, Golden Donkeys Farm and Hellenic Asinus Farms. Companies are concentrating their efforts on developing powder-based solutions to fulfill the growing demand for donkey milk. Several companies aim to expand and introduce fat-free liquid milk to the market. Lac Jennius, a donkey milk powder, was launched by Aadvik Foods and Products Pvt. ltd., India's first camel milk brand, in August 2021. Aadvik Foods and Products Pvt. Ltd. hopes to toughen its market with this launch and other unique product lines such as frozen camel milk and goat milk powder.

COVID-19 Impact:

Positive impact on the global donkey milk market

The use of donkey's milk expanded throughout the COVID-19 period due to its benefits, such as its high vitamin content and capacity to boost the immune system, driving market expansion. Because of its high nutritional quality, such as vitamins, minerals, protein, iron, and other nutrients, donkey milk market sales soared throughout the COVID-19 period. During the financial year 2020, the supply chain of essential products and services was impacted. Due to its high nutritional qualities, such as protein, iron, vitamins, minerals, and others, donkey milk sales have increased during COVID-19. Due to the rising demand for lactose during the COVID-19 pandemic, demand for milk products has increased slightly. Moreover, the rising attention to strengthening the immunity system is crucial to propelling the market expansion.

The global donkey milk market report would provide an access to approximately 53 market data tables, 42 figures and 180 pages