Global Donkey Milk Market Will Reach Over $55.63 Mn by 2030, at 10.6% CAGR

The global donkey market size 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% over the forecast period.

Donkey milk, obtained from female donkeys, is quite similar to human mother’s milk due to the presence of pertinent components such as vitamin E, amino acids, calcium, selenium, omega 3, omega 6, vitamins A, B1, B6, and C, protein, lactose, and other minerals. It has comparatively low contents of fat, calories, and cholesterol than other milk types and has a considerably longer shelf life due to the absence of any foodborne pathogens.

In addition, donkey milk helps in retarding the aging process due to the presence of rich ingredients and has immense antioxidant activities. It favors the growth of essential viruses and bacteria that help in minimizing stomach illnesses. Apart from that, it forbade plaque to build up in arteries and appreciably enhances blood circulation. They also have a wide range of applications in the food and beverages industry in the production of chocolate, cheddar, cheese, and others.

The demand for the global donkey milk market is expected to surge exponentially due to the immaculate demand and utilization of donkey milk in the cosmetics industry for making different kinds of creams, moisturizers, soaps, face wash, body washes, shampoos, and others. The extensive use of donkey milk in these products is mainly due to the presence of huge amounts of vitamins and minerals that makes it an ideally rich ingredient as far as skin treatment and skincare are concerned.

They have healing and anti-aging properties, making their application increasingly popular and common in cosmetic products. Thus, the rise in inclination among people towards personal grooming and skincare drives the demand for the market. In addition, an increase in the adoption of donkey milk among fitness enthusiasts and health-conscious individuals due to the less amount of fat and cholesterol in them further drives the growth of the market. Furthermore, an increase in the use of donkey milk for the production of cheese and chocolates in the food and beverage industry creates ample opportunities for the growth of the market during the forecast period. However, the high cost of donkey milk compared to other alternatives impede the growth of the market to an extent.

The global donkey milk market is segmented based on form, application, and region.

Based on form, the market is bifurcated into powder and liquid segments. The powder segment held the largest market share in 2022 and is further projected to grow rapidly at a significant CAGR during the forecast period. The major reason for the growth of this segment is the increase in demand and extensive use of powder as an important element in the personal care and cosmetics industry around the world. Ease of access, convenient handling, low costs, and an increase in expenditure among private companies to readily invest and procure powdered milk further bolstered the growth of the market during the forecast period.

Based on application, the market is bifurcated into cosmetics & personal care and food & beverages. The food and beverages segment held a notable market share in 2022 and is further predicted to grow rapidly at the fastest CAGR during the forecast period. The major reason for the growth of this segment is an increase in the use of donkey milk in the production of different types of chocolate and cheese products. The increased amount of minerals, lactose, and protein in donkey milk compared to other alternatives is among the driving factor for its large-scale utilization. In addition, the presence of immune-increasing compounds in donkey milk that helps in keeping away infections and diseases further drives the growth of the segment during the forecast period.

Based on region, Europe held the largest market share in 2022 and is further expected to occupy a dominant status and simultaneously grow at a notable CAGR during the forecast period. The major reason for the growth of the segment is the significant surge in demand for herbal cosmetics in countries such as Italy, Germany, and the UK. Besides, an increase in the adoption of refreshing milk products, a rise in the number of health-conscious individuals, and growing sales of powder-based jenny milk among people in this region boost the growth of the market during the forecast period.

This review is based on a report by Zion Market Research, titled “Donkey Milk Market By Form (Liquid and Powder), By Application (Cosmetics & Personal Care and Food & Beverages), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/donkey-milk-market

Recent Developments

In August 2021, Aadvik Foods, India's first camel milk brand, has recently released Lac Jennius, a donkey milk powder. With this launch, the company aims to strengthen its business along with other unique lines of products, which includes frozen camel milk, raw camel milk powder, camel milk chocolates as well as goat milk powder, and frozen goat milk.

The global donkey milk market is dominated by 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.

Global donkey milk market is segmented as follows:

By Form

• Liquid
• Powder

By Application

• Cosmetics and Personal Care
• Food & Beverages

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com