Donkey Milk Market Size, Share Report, Analysis, Trends, Growth, 2030

Donkey Milk Industry Prospective:

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.

The report analyzes the donkey milk market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the donkey milk market.

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Donkey Milk Market: Overview

Donkey milk is used to make chocolates, cheese, and cheddar cheese as it contains proteins, omega-69 fatty acids, lactose, and minerals. Donkey milk has qualities that are similar to human milk. It is used as a replacement for toddlers who are allergic to cow milk protein. It also contains immune-enhancing chemicals that protect kids from infections and illnesses. Furthermore, a high lysozyme concentration protects against harmful microorganisms. Furthermore, donkey's milk contains minerals such as calcium, iron, and liposoluble vitamins, to mention a few, making it an excellent nutraceutical product.

Key Insights

• As per the analysis shared by our research analyst, the global donkey milk market is expected to grow annually at a promising CAGR of around 10.6% during the forecast period 2023-2030.
• In terms of revenue, the global donkey milk market size was valued at around $26.89 million in 2022 and is predicted to grow to around $55.63 million by 2030.
• 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 lower 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.
• Based on form, the powder segment held the largest market share in 2022.
• Based on application, the food and beverages segment is expected to cite the fastest CAGR during the forecast period.
• Based on region, Europe held the dominating market share in 2022.

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COVID-19 Impact:

The global market seems slightly affected by the COVID-19 pandemic. The demand for donkey’s milk remained constant due to its nutritional components. Donkey milk is widely utilized in dairy products to make chocolates, cheese, & cheddar and due to its high nutritional value, health-conscious consumers maintained its sales during the pandemic period. However, supply chain disruption and restrictions on retail due to strict lockdowns hindered the sale of donkey milk during FY 2020. Still, donkey’s milk is becoming popular in developed countries, and due to the high spending power of consumers, its sale is expected to increase over the forecast period.

Donkey Milk Market: Growth Drivers

High nutritional values of donkey’s milk compared to the cow are expected to boost the market growth.

Lactic acid bacteria make up around 80 percent of the bacteria in donkey milk, making it beneficial in avoiding stomach troubles. It's been used to treat cardiac problems, infectious disorders, fever, liver diseases, and asthma, which has increased the demand for donkey milk.

Donkey milk is known to have high trace elements, like minerals and vitamins, whereas, goat and cow milk is high in protein. Researchers also believe that it might aid in the treatment of type 2 diabetes. Further, compared to cow’s milk, donkey milk is less allergic and much like human milk, hence it's used to feed babies. Furthermore, donkey milk often lacks the foodborne bacteria that exist in other milk types, ensuring extended shelf life.

Donkey milk is not only utilized for its health advantages but it is also used in cosmetics and is known for hydrating the skin. According to research, it can be frozen and turned into a cosmetic powder. All these factors are projected to drive the growth of the global donkey milk market during the coming period.

Donkey Milk Market: Restraints

High prices compared to the price of other milk may hinder market growth

Even though the nutrient content in donkey’s milk is higher than in other milk, it is also way too costly to consume daily. Donkey milk is considered a rare product since each donkey only produces around a liter of milk every day which makes it a less productive business. Also, a limited number of farms producing donkey milk, their high packaging & storage cost, low consumer base due to its high price tag, and low awareness regarding the benefits of donkey’s milk may hinder the growth of the market.

Donkey Milk Market: Opportunities

Increasing demand in emerging countries will provide better growth opportunities for market growth.

The donkey's milk business is mainly concentrated in developed countries, however, due to its nutritional benefits, it is getting more traction in emerging countries such as China, India, and some part of the Middle East. Along with this, increasing spending power and availability of distributors for donkey’s milk in these countries are offering new opportunities for global donkey milk market expansion. The nutraceutical and cosmetic industries in these countries are flourishing and also investing more in newer supplements to increase the consumer base which is likely to boost the market growth over the forecast period.

Donkey Milk Market: Challenges.

The unavailability and dearth of government support to expand donkey farms is the major challenge for the market.

The most significant disadvantage of donkey milk is its cost and unavailability. Because the quantity and volume of donkey dairy farms are restricted, it is costly to make & sell and hence tough to obtain. Some major producers in Europe sell powdered milk, although shipping it internationally can be costly.

Also, donkey milk is likewise exceedingly expensive and difficult to use for cheesemaking due to its low casein concentration and high price. Another disadvantage is that most small farms only offer raw donkey milk, which poses a risk of foodborne illness if consumed. Although donkey milk has antibacterial capabilities and is typically devoid of hazardous pathogens, there is always the possibility that raw milk contains bacteria or other poisons. If fed to newborns, the elderly, or anybody with a weakened immune system, this can be harmful. Thus, many governments around the world are not willing to invest in such businesses.

Donkey Milk Market: Segmentation

The global donkey milk market is segregated 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.

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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 help keep away infections and diseases further drives the growth of the segment during the forecast period.

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 include frozen camel milk, raw camel milk powder, camel milk chocolates as well as goat milk powder, and frozen goat milk.

Donkey Milk Market Report Scope:

Donkey Milk Market: Regional Landscape

Europe is expected to lead the global market over the forecast period.

Europe holds the largest share of the global donkey milk market and is projected to expand with the highest CAGR over the forecast period. This is attributed to the presence of major producers in the region. Besides this, Europe is the major consumer of donkey milk, and major countries such as Spain, Italy, France, Belgium, Portugal, Bulgaria, and Greece are the largest consumers of donkey milk in the region. Asia Pacific is also expected to contribute significant revenue to the global market over the forecast period.

In Asia, donkey milk is largely produced in China, which also has a major donkey population of over 8.7 million. The demand for donkey milk in Asia is expected to increase in the nutraceutical and cosmetic sectors which will positively support market growth. Demand for donkey's milk is also increasing in Africa and Latin America.

Donkey Milk Market: Competitive Landscape

Major players functioning in the global donkey milk market include:

• 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.

The 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