Donkey's Milk Market Scope
The global donkey's milk market is expected to grow at a healthy pace during the forecast period, according to the AMA study. Rising awareness of product among the users, growing milk consumption owing to growth in demand for balanced diet & precision nutrition technique and rising demand for skincare products made with donkey's milk are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness some decline in the growth during the next few years but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Research Analyst at AMA estimates that Italy Vendors will contribute to the maximum growth of Global Donkey's Milk market throughout the predicted period.
Asinus Atlanticus S. A. (Portugal), AZIENDA AGRICOLA MONTEBADUCCO (Italy), Dolphin IBA (India), Eurolactics Group S.A. (Italy), Farm Donna Tina (Italy), Golden Donkeys Shop (Cyprus), Hellenic Asinus Farms (Greece), Stephenson (United Kingdom), The Donkey Dairy PTY LTD (South Africa), The White Sea & Baltic Company Ltd (United Kingdom) and Yeshmitha Haran (India) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Donkey's Milk market , by Application (Cosmetics & Personal Care, Food & Beverages and Others) and Region with country level break-up.
On the basis of geography, the market of Donkey's Milk has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing Health Consciousness Among Consumers and Rising Adoption of Online Sales Channel
Market Growth Drivers:
Increasing Awareness Regarding Product Potential, Rising Milk Consumption Owing to Growth in Demand for Balanced Diet, Growing Adoption of Precision Nutrition Technique and Rising Demand for Skincare Products such as Creams, Soaps, and Moisturizers Made with Donkey's Milk
Challenges:
High Cost of Donkey's Milk Due to Lack of Production as Donkeys do not Provides as Much of Milk as Cows
Restraints:
Short Term Restraint for the Market Due to Shutting Down of Operations & Process of Different Companies Across Different Parts of the World Due to COVID-19 Pandemic
Opportunities:
Opportunities in the Asia Pacific Region
Stringent Worldwide Government Regulations Regarding Lockdown of Cities' & States' Operations Leading to Generation of Demand & Supply Gap in the Market
Analyst View
Donkey's Milk is as much as healthier compared to mother's milk due to the presence of proteins, lactose, omega-69 fatty amoio acid, and minerals. Donkey's milk is comprised with immune enhancer proteins which allows protection from infections & diseases. In addition, donkey’s milk has high content of lysozyme which provides prevention from pathogenic microorganism. Moreover, the government of emerging countries are also taking initiatives to formalise donkey milk business in their countries such as India, which is expected to further boost the market during the forecast period.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.