The goat milk products market is expected to increase at a 4.9% CAGR from 2023 to 2033, from US$ 13.06 billion in 2023 to US$ 21.07 billion in 2033.
Nutritional Advantages Over Other Milk Types
In terms of adaptability to arid and humid, tropical and cold, and desert and mountain climates, goats are among the most adaptable domestic animals. They supply numerous valuable goods to people, including meat, mohair, skins, leather, milk, cashmere, draught and pack power, and manure for gardens and crops. As a result, an increasing number of people are interested in goat milk as a valued "super" dairy food with unique medicinal, nutritional, immunological, and biological features.
The numerous health benefits of goat milk, such as its capacity to promote healthy weight gain, ease digestion, improve platelet count, avoid insulin resistance, and lower cholesterol levels, have resulted in an increase in its consumption. Also, A2 casein is found in substantial concentrations in goat milk.
With high protein concentration, A2 casein benefits the management of inflammatory disorders such as irritable bowel syndrome. After breastfeeding, newborns are commonly given goat milk as their initial source of protein. When compared to cow's milk, goat milk is less allergic.
| Report Attribute | Details |
|---|---|
| Goat Milk Products Market Value (2023) | US$ 13.06 billion |
| Goat Milk Products Market Anticipated Value (2033) | US$ 21.07 billion |
| Goat Milk Products Market Growth Rate (2023 to 2033) | 4.9% CAGR |
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The goat milk products market accounted for US$ 12.45 billion in 2022, expanding at a 4.5% CAGR from 2018 to 2022.
Goat milk cheese has grown in popularity in recent years. Children and the elderly find it especially tempting due to their sensitivity to allergic reactions to cow's milk products. Furthermore, goat's milk cheese contains a variety of healthy fats, such as fatty acids, medium-chain triglycerides, and short- and medium-chain unsaturated fats.
The cheese also includes high-quality, easily absorbed protein, which supplies the essential amino acids required by the human body. Goat cheese contains few allergens and promotes digestive health in addition to lowering inflammation.
The usage of goat dairy products is growing since they are easy to digest and include nutrients such as potassium, vitamin A, calcium, and others that are beneficial to bone health. These factors are expected to boost the growth of the worldwide goat milk products market.
During the pandemic's climax, most shops and grocery stores began hoarding goat dairy products, resulting in a shortage of these items. Due to limited supply chain operations, producers were unable to procure raw materials and produce foodstuffs to fulfill demand.
Manufacturing activities were hampered due to the dairy industry's fractured supply chain and restrictions on labor travel. Following the pandemic, it is projected that global demand for dairy is likely to increase due to the growing consumption of nutritious dairy foods. As per the FMI analysts, a valuation of US$ 21.07 billion by 2033 end is estimated for the market.
| Historical CAGR (2018 to 2022) | 4.5% |
|---|---|
| Forecast CAGR (2023 to 2033) | 4.9% |
| Year | Values |
|---|---|
| 2016 | US$ 9.34 billion |
| 2021 | US$ 11.87 billion |
| 2022 | US$ 12.45 billion |
| 2023 | US$ 13.06 billion |
| 2033 | US$ 21.07 billion |
Many goat’s dairy-producing countries, such as India, China, and Pakistan, are merely a portion of this region. Asia Pacific is home to more than 60% of the world's this animal count. Likewise, there is a growing preference among customers in this region for dairy products that are easy to digest and high in nutrients.
The governments in this region provide numerous incentives for animal production. For example, the Indian government provides more than a 25% subsidy on the total cost of animal farms. All these factors are expected to have a positive impact on the growth of the target market in this area.
North America is expected to grow significantly during the projection period. The expanding population rate, as well as the growing use of goat milk as therapeutic health food nutraceutical, are the two primary reasons driving regional market expansion.
Increased demand for cheese in the fast-food industry is propelling market expansion. Moreover, consumers in this region are becoming more aware of the numerous advantages that goat milk provides, such as protein, calcium, vitamins, iron, lipids, and other critical minerals.
Principal Consultant
Goat milk is easy to digest than other options. Many studies have found that foods made from this aminol boost the body's ability to absorb important nutrients from meals. But cow's milk interferes with the absorption of key components such as copper, iron, and so on. As a result, the demand for liquid goat milk is significantly increasing.
Customers and end-product producers, such as cheesemakers, purchase liquid milk, which is expected to boost this segment's growth.
Over the projected period, the powdered milk segment is expected to increase at a rapid pace. The powdered form is simple to carry and incorporate into a variety of end products. The use of powdered goat milk in newborn formula and baby meals has lately increased.
China is the leading importer of dairy goods and powdered dairy for use in infant formulas. Also, the powered product has a long shelf life than its competitors.
The supermarket and hypermarket sectors account for a high proportion of all distribution channels over the projection period. This is because it enables simple access to a diverse selection of goat dairy products under one roof. As a result, clients can simply select products from a wide range of options.
Seasonal displays of these dairy dishes are becoming increasingly common, which is promoting new products and expanding the business. Nevertheless, many producers benefit greatly from supermarket and hypermarket networks. As a result, dairy product manufacturers intend to target this market.
Ausnutria Dairy Corporation Ltd., Emmi Group, Goat Partners International Inc., Holle infant food AG, St Helen's Farm, Hewitt's Dairy, Woolwich Dairy Ltd., Xi'an Baiyue Goat Dairy Group Co.Ltd., HiPP, and Courtyard Farms are among the leading participants in the global goat milk products market.
Businesses are increasingly focusing on developing new products in order to increase their worldwide market share. Ausnutria Dairy Corporation Limited, for example, offered CBM Goat Power, a line of protein-rich goat milk ingredients, in 2021.
Key Companies Profiled in the Global Goat Milk Products Market
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| Attribute | Details |
|---|---|
| Market Size Value In 2023 | US$ 13.06 billion |
| Market Size Value at End of Forecast (2033) | US$ 21.07 billion |
| Market Analysis | US$ billion for Value |
| Key Region Covered | North America; Europe; Asia Pacific; Central & South America; The Middle East & Africa |
| Key Segments | By Type, By Distribution Channel, By Region |
| Key Companies Profiled | Ausnutria Dairy Corporation Ltd.; Emmi Group; Goat Partners International Inc.; Holle baby food AG; St Helen’s Farm; Hewitt’s Dairy; Woolwich Dairy Inc.; Xi'an Baiyue Goat Dairy Group Co.Ltd.; HiPP; Courtyard Farms |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market may register a CAGR of 4.9% through 2033.
The market is expected to surpass US$ 21.07 billion by 2033.
The category of liquid milk is anticipated to generate enormous sales.
The supermarket and hypermarket segments outshine the market.
From 2018 to 2022, the goat milk products market advanced at a 4.5% HCAGR.
1. Executive Summary | Goat Milk Products Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product, 2023 to 2033
5.3.1. Milk
5.3.2. Cheese
5.3.3. Butter
5.3.4. Milk Powder
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Distribution Channel, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Distribution Channel, 2023 to 2033
6.3.1. Hypermarkets & Supermarket
6.3.2. Convenience Stores
6.3.3. Specialty Stores
6.3.4. Online Retail
6.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Product
8.2.3. By Distribution Channel
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product
8.3.3. By Distribution Channel
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Product
9.2.3. By Distribution Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product
9.3.3. By Distribution Channel
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UNITED KINGDOM
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Product
10.2.3. By Distribution Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product
10.3.3. By Distribution Channel
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Product
11.2.3. By Distribution Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product
11.3.3. By Distribution Channel
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Product
12.2.3. By Distribution Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product
12.3.3. By Distribution Channel
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Product
13.1.2.2. By Distribution Channel
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Product
13.2.2.2. By Distribution Channel
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Product
13.3.2.2. By Distribution Channel
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Product
13.4.2.2. By Distribution Channel
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Product
13.5.2.2. By Distribution Channel
13.6. UNITED KINGDOM
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Product
13.6.2.2. By Distribution Channel
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Product
13.7.2.2. By Distribution Channel
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Product
13.8.2.2. By Distribution Channel
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Product
13.9.2.2. By Distribution Channel
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Product
13.10.2.2. By Distribution Channel
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Product
13.11.2.2. By Distribution Channel
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Product
13.12.2.2. By Distribution Channel
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Product
13.13.2.2. By Distribution Channel
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Product
13.14.2.2. By Distribution Channel
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Product
13.15.2.2. By Distribution Channel
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Product
13.16.2.2. By Distribution Channel
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Product
13.17.2.2. By Distribution Channel
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Product
13.18.2.2. By Distribution Channel
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Product
13.19.2.2. By Distribution Channel
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Product
13.20.2.2. By Distribution Channel
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product
14.3.3. By Distribution Channel
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Ausnutria Dairy Corporation Ltd.
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Emmi Group
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Goat Partners International Inc.
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Holle baby food AG
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. St Helen’s Farm
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Hewitt’s Dairy
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Woolwich Dairy Inc.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Xi'an Baiyue Goat Dairy Group Co. Ltd.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. HiPP
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Courtyard Farms
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Goat Milk Products Market
