The global donkey milk market size was valued at $28,180 thousands in 2019, and is projected to reach $68,139.0 thousands by 2027, registering a CAGR of 9.4% from 2021 to 2027. Donkey milk is used in the production of cheese, chocolates, and cheddar. Its properties are similar to human milk due to presence of components such as proteins, omega-69 fatty amoio-acid, lactose, and mineral. It is considered as a substitute for toddler affected by cow milk protein allergies. In addition, it consists of immune enhancer compounds, which protect toddlers from infections and diseases. In addition, high content of lysozyme provides prevention from pathogenic microorganism. Moreover, the mineral content in donkey’s milk such as calcium, iron, and liposoluble vitamins to name few makes it a great nutraceutical product. According to the Food and Agriculture Organization, donkey’s milk can be a component of a balanced diet, milk, and dairy products and it is a rich source of dietary energy, fat, and protein. Rich source of micronutrients in donkey’s milk makes it an important element for fighting malnutrition in developing countries, which is expected to drive the growth of the donkey milk market.
Increase in adoption of donkey’s milk during the COVID-19 pandemic due to its benefits such as high vitamin content and ability to boost the immune system drives the market growth. Donkey’s milk is new boom in the animal milk category as its ingredients show resemblance to human breast milk for lactose, protein, and ash. In addition, donkey’s milk contains active antimicrobial substances such as lysozyme and lactoferrin. These molecules are also present in goat, sheep, and cow milk but in less quantity. Furthermore, increase in demand for donkey’s milk from health-conscious consumers and cardiovascular or heart patients as it contains less fat and cholesterol than cow, goat, and sheep milk fuels the market growth. However, high price than price of other milk restrains the market growth. Moreover, products which are made from donkey milk such as cheese, chocolates, cheddar and others are also expensive. In addition, a kilogram of donkey milk cheese costs around $1,130, which makes it the world’s most expensive cheese. Moreover, lack of government support for producing donkey milk and unavailability of donkey farm affect the production and cost of the milk. Moreover, the manufacturers do not have a proper supply chain owing to which it is not available in hypermarket/supermarket or online sales channel. These factors restrain the growth of the donkey milk market.
By Application
Cosmetics and personal care segment dominates the global market and is expected to retain its dominance throughout the forecast period.
The donkey milk industry has been segmented on the basis of application, form, and region. Based on application, the market is bifurcated into cosmetics & personal care and food & beverages. On the basis of form, the market is categorized into liquid and powder. Region wise, the market is studied across North America, Europe, Asia, and rest of World.
Based on application, the donkey milk market is bifurcated into cosmetics & personal care and food & beverages. Cosmetics & personal care constitute a major donkey milk market share; however, the food & beverages segment is projected to experience growth at the highest CAGR during the donkey milk forecast period. Increase in use of donkey milk as an ingredient in cosmetic and personal care product such as cream, soap, lotion, and other significantly contribute toward the growth of the market.
By Form
Liquid segment is expected to grow at a highest CAGR of 10.3% during the forecast period.
On the basis of form, the market is categorized into liquid and powder. The powder segment holds the largest market share, accounting for around 63.5% of the total revenue in 2019, followed by liquid segment. This is attributed to increase in demand for powder form in cosmetics & personal care industry across the globe.
The key players profiled in the report include Asinus Atlanticus S. A., Dolphin IBA, Donna Tina Farm, Eurolactis Italia Srl, Golden Donkeys Farm, Hellenic Asinus Farms, Stephenson Group Ltd, The Donkey Dairy PTY LTD, The White Sea & Baltic Company Limited, and Vro Enterprises.
By Region
Europe dominates the market and is expected to grow with a CAGR of 8.1% during the forecast period
COVID-19 Impact Analysis
- COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December 2020.
- The donkey milk market sales have been increased during the COVID-19 period, owing to its high nutritious quality such as vitamins, minerals, protein, iron, and other.
- Presently, globally consumers are more indulged in using herbal or organic skin care products, owing to which use of donkey milk as an ingredient increased in cosmetics and personal care industry.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the donkey milk market analysis from 2019 to 2027 to identify the prevailing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and donkey milk market opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the donkey milk market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global donkey milk market trends, key players, market segments, application areas, and donkey milk market growth strategies.
Key Market Segments
By Application
- Cosmetics and Personal Care
- Food & Beverages
By Form
- Liquid
- Powder
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Russia
- Italy
- Spain
- Greece
- Belgium
- Asia
- China
- Thailand
- Malaysia
- South Korea
- Rest of World
- ROW
Donkey Milk Market Report Highlights
| Aspects | Details |
 By APPLICATION |
|
 By FORM |
|
 By Region |
|
 Key Market Players | Stephenson Group Ltd,, Asinus Atlanticus S. A., Donna Tina Farm, The Donkey Dairy PTY LTD, Vro Enterprises., Dolphin IBA, Hellenic Asinus Farms, The White Sea & Baltic Company Limited, Eurolactis Italia Srl, Golden Donkeys Farm |
Analyst Review
The donkey milk market is expected to witness significant growth during the forecast period, owing to its benefits such as its properties similar to human breast milk with great health benefit and high vitamin contents such as C, A, D, E, omega-6, and -3 fatty acids. Furthermore, increase in use of donkey’s milk as a substitute for cow milk protein allergy (CMPA). and increase in consumption due to availability of minerals such as zinc, calcium, and magnesium that are suitable for the growth and development of children. In addition, it helps in strengthening immunity and other respiratory tract infection such as cough, tuberculosis, pneumonia, bronchitis, and asthma. Furthermore, surge in use of donkey’s milk in the cosmetic industry for the formulation of cream, soap, lotion, moisturizers, and other products fuels the market growth.
The total market value of Donkey Milk Market is $28,180 thousands in 2019.
Donkey Milk market will have positive impact in Post COVID-19 scenario
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The upcoming trends in Donkey Milk industry are increase in utilization of donkey milk in cosmetics and food & beverages industry.
The key strategies adopted by the top players to increase their revenue in Donkey Milk industry are product launch, acquisition, merger partnership and others.
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Europe region will provide more business opportunities for Donkey Milk industry in future.
Cosmetics and personal care is the most influencing segment growing in the Donkey Milk industry report.
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