The global donkey milk market was worth around USD 26.89 Million in 2022 and is estimated to grow to about USD 55.63 Million by 2030, with a compound annual growth rate (CAGR) of approximately 10.6 percent over the forecast period.
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➤ The market is anticipated to experience growth due to the superior nutritional value of donkey milk in comparison to bovine milk.
To prevent gastrointestinal issues, donkey milk is beneficial due to the presence of lactic acid bacteria, which comprise approximately 80% of the bacteria. The demand for equine milk has increased as a result of its use in the treatment of cardiac problems, infectious disorders, fever, liver diseases, and asthma.
➤ The market’s development may be impeded by the high prices in comparison to other milk.
Despite the fact that donkey’s milk contains a higher nutrient content than other types of milk, it is also prohibitively expensive in terms of daily consumption. Donkey milk is regarded as a scarce commodity due to the fact that each donkey produces only approximately one liter of milk per day, rendering it a less productive enterprise. Additionally, the market’s expansion may be impeded by a scarcity of farms that produce donkey milk, the high cost of packaging and storage, a low consumer base as a result of the high price, and a lack of awareness regarding the benefits of donkey milk.
➤ Market growth opportunities will be enhanced by the growing demand in emerging countries.
The donkey’s milk industry is primarily concentrated in developed countries; however, it is gaining traction in emergent countries, including China, India, and certain regions of the Middle East, due to its nutritional benefits. In addition, the expansion of the global donkey milk market is being facilitated by the growing spending power and availability of distributors for donkey’s milk in these countries. The nutraceutical and cosmetic industries in these countries are thriving and are investing in newer supplements to expand their consumer base. This is expected to contribute to the market’s growth during the forecast period.
➤ The primary obstacle facing the market is the absence of government support and the unavailability of donkey ranches for expansion.
The cost and unavailability of equine milk are the most significant drawbacks. The production and sale of equine dairy farms are expensive due to their limited quantity and volume, which makes them difficult to obtain. Powdered milk is available for purchase from several significant European producers; however, international shipping can be expensive.
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The Global Donkey Milk Market is segmented based on product, application and region
Global Donkey Milk Market: Product Segment Analysis
● Liquid
● Powder
Global Donkey Milk Market: Application Segment Analysis
● Cosmetics and Personal Care
● Food & Beverages
The global Donkey Milk market profiles key players such as:
● Donna Tina Farm
● Asinus Atlanticus S. A.
● Eurolactis Italia SRL
● Dolphin IBA
● Hellenic Asinus Farms
● Golden Donkeys Farm
● Stephenson Group Ltd
● Dolphin IBA
● Kailash Dairy Farm
● Anakae
● Yeshmitha Haran
● The White Sea & Baltic Company Limited
● The Donkey Dairy PTY LTD
● Vro Enterprises
???? Recent Developments
• Lac Jennius, a donkey milk powder, was recently introduced by Aadvik Foods, India’s first camel milk brand, in August 2021. The company’s objective is to fortify its business alongside other distinctive product lines, such as raw camel milk powder, camel milk chocolates, frozen camel milk, and goat milk powder and frozen goat milk. This launch is part of this strategy.
➤ It is anticipated that Europe will dominate the global market during the forecast period.
The global donkey milk market is dominated by Europe, which is expected to experience the maximum CAGR during the forecast period. This is due to the presence of significant producers in the region. In addition, Europe is the primary consumer of donkey milk, with Spain, Italy, France, Belgium, Portugal, Bulgaria, and Greece being the largest consumers in the region. During the forecast period, it is anticipated that Asia Pacific will also generate substantial revenue for the global market.
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