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The global petrochemicals market is projected to grow from $582.4 billion in 2021 to $888.3 billion in 2028 at a CAGR of 6.2% in forecast period, 2021-2028

Camel Milk Market is estimated to grow at a CAGR of 6.5% during the forecast period 2022-2029.The factors driving the growth of Camel Milk Market includes increase in the lactose intolerant population around the world, rising awareness about the benefits of consuming camel milk, growing demand for lactose free products and improvements in the living standards. Moreover, rise in the launch of innovative flavors, growing adoption of advanced technologies by manufacturers, increasing popularity of flavored milk, Laban and cheese products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.Request a free sample of this reportHowever, growth of the Camel Milk Market is hindered because camel milk is more expensive than cow milk.The prominent players operating in the market are Aadvik Foods, The Camel Milk Co., QCamel, Desert Farms, Inc., Camelicious, Camel Dairy Farm Smits, Vital Camel Milk Ltd, Tiviski pvt Ltd and Al Ain Farms, among others.Based on Product, the Plain Milk segment is predicted to expand at a remarkable CAGR during the forecast periodGrowing consumption of camel milk products in the Middle eastern countries owing to its health benefits, is the major factor propelling Camel Milk Market size.Based on Distribution Channel, the Offline segment is projected to capture the largest market share over the forecast periodOffline distribution channels such as Hypermarkets and Supermarkets offer wide variety different flavors of camel milk products at attractive discount and provides the option of free home delivery, are some of the factors pushing growth of the segment.Based on Region, the RoW region is anticipated to hold the highest market share during the forecast periodGrowing consumption of camel milk products across Ethiopia, Saudi Arabia, Mali, and Somalia, increasing availability of camel milk products at online stores, rapid urbanization, rising per capita incomes and growing population growth rates, are some of the important factors augmenting the market growth.Key DevelopmentsIn 2019, Aadvik Foods extended its portfolio of camel milk products. The company launched camel milk powder to cater to the growing demand for healthy and high-quality food products among the consumers.In 2019, Camelicious introduced camel milk ice creams in five flavors including chocolate, vanilla, strawberry, pistachio, and hazelnut in the UK. This camel milk-based ice creams helps in improving mood and provide various health benefits to consumers across UK.Market SegmentationSegmentation by ProductPlain MilkFlavored MilkPowderIce CreamFermentedOthersSegmentation by Distribution ChannelOfflineOnlineSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

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