Top Emerging Trends in Camel Milk Market for Guaranteed Success
According
to the latest market research report released by Technavio, the global camel milk market is expected to accelerate at a CAGR close to
7% during the forecast period. Increasing camel milk production is one of
the key factors triggering the growth of the market. The researchers have done
an in-depth analysis of the market in terms of revenue and emerging market
trends. Last year, the fresh camel milk segment accounted for over 65% of the
global market and is projected to reach 66% by 2022, exhibiting close to 1%
increase in market share.
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Overview of the
global camel milk market
Technavio’s
market research analysts have identified the production of camel milk as one of
the key factors that will boost the growth of the camel milk market in
the coming years. With the growing demand, companies in the camel milk industry
are focusing on increasing the production of camel milk. To increase the
production of milk, several companies are investing in increasing the herd size
of camels. In Australia, the number of dairies producing camel milk has
increased to 10 in the last few years. Moreover, the Australian Wild Camel
Corporation is expanding its herd size from 450 camels to 2,500 camels in the next
two years to increase milk production. Similarly, African countries such as
Kenya and Ethiopia are also focusing on increasing their production of camel
milk. This will play a significant role in fueling the demand for camel milk,
driving the market’s growth prospects. Our market research analysts have
estimated that this market will grow steadily at a CAGR close to 7% by 2022.
Global camel milk market: Top emerging trend
The launch of new products based on camel milk is an emerging
trend in the non-alcoholic beverages space. Players in the market are coming up
with new products based on camel milk, such as chocolates and ice creams, to
capitalize on the increasing demand for camel milk among consumers. The demand
for camel milk products is expected to remain high during the forecast period
due to increasing awareness of the health benefits of camel milk.
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