Goat Milk Products Market - Global Outlook & Forecast 2022-2027

Goat Milk Products Market - Global Outlook & Forecast 2022-2027

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Goat Milk Market Report

The global demand for goat milk products is being driven by the high demand for healthy and nutritious diets and conventional dairy alternatives. Various goat milk products, such as goat cheese and yogurt, are manufactured worldwide.

In recent years, lactose intolerance has emerged as a common digestive disorder among consumers worldwide. Thus, the high demand for lactose-free and lower lactose-content products is contributing to the growth of the global goat milk products market.

COVID-19 IMPACT

The dairy industry has shown remarkable resilience during the ongoing COVID-19 pandemic. The impact of the COVID-19 pandemic on the global goat milk products market was quite minimal despite the initial fears that the industry would be particularly vulnerable.

MARKET GROWTH ENABLERS

• Higher Nutritional Benefits Over Other Milk Varieties
• Increasing Number of Mergers & Acquisitions
• High Prevalence of Lactose Intolerance Worldwide
• Increasing Demand for Goat Milk Infant Formula

GOAT MILK MARKET SEGMENTS

The growing need for baby and follow-on formulas in China is driving the demand for goat milk powder-based products in APAC. The need for such items is being fueled by decreasing breastfeeding rates, an expanding newborn population, and a growing bottle-feeding culture in the country. The demand for full cream goat milk powder is expected to rise in the coming years due to its widespread use in newborn nutritional formulas.

Skimmed milk is packaged in containers that preserve product integrity while allowing for easier handling. Skimmed milk accounted for a revenue share of more than 42% in the global market.

Segmentation by Product Type

• Cheese
• Chevre
• Mozarella
• Cheddar
• Feta
• Others
• Milk Powder
• Whole Milk
• Skimmed Milk
• Packaged Milk
• Whole Milk
• Skimmed Milk
• UHT Milk
• Whole Milk
• Skimmed Milk
• Others

Segmentation by Application

• Adult
• Teenager
• Elder
• Infant

Segmentation by Distribution Channel

• Super Markets & Hypermarkets
• Convenience Stores
• Speciality Stores
• Medical & Pharmaceutical Stores
• Online
• Others

GEOGRAPHICAL ANALYSIS

APAC is expected to be the fastest-growing market for goat milk products during the forecast period. Factors such as the rise in disposable income, westernization, and surge in demand for newborn formulas from Chinese moms, and the impact of social media are expected to drive the demand for goat milk products in APAC.

Segmentation by Geography

• Europe
• Germany
• France
• UK
• Spain
• Netherlands
• North America
• US
• Canada
• APAC
• China
• South Korea
• Australia & New Zealand
• India
• Latin America
• Brazil
• Argentina
• Mexico
• Middle East & Africa
• GCC
• Turkey
• South Africa

VENDOR LANDSCAPE

Despite the presence of a variety of foreign vendors and a few regional vendors in the market, regional sellers would find it more difficult to compete with multinational competitors, particularly in terms of quality and technology. Several players are projected to expand their global presence throughout the forecast period, particularly in the fast-developing countries across APAC, to capture a greater market share. Price, availability, nutrition, organic, natural, and GMO certification are all aspects that players compete on.

Key Vendors

• Dairy Goat Co-operation
• Stickney Hill
• Meyenberg Goat Milk Products
• FIT Company
• Baiyue Group
• Goat Partners International
• Groupe Lactalis

Other Prominent Vendors

• Ausnutria Dairy Corporation Ltd
• AVH Dairy Trade B.V.
• Delamere Dairy
• Granarolo Group
• Hay Dairies
• Kavli
• Summerhill Goat Dairy
• Vitagermine
• Holle
• Shaanxi Huaenbao Dairy Co Ltd
• Woolwich Dairy
• Redwood Hill Farm and Creamery
• The Good Goat Milk Company
• Cherry Glen Goat Cheese Co.
• Lacteos Caprinos S.A.
• Toggs

THE REPORT INCLUDES:

1. The analysis of the Global Goat Milk market provides market size and growth rate for the forecast period 2022-2027.

2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the Global Goat Milk market.

3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.

4. It offers a complete overview of market segments and the regional outlook of the Goat Milk market.

5. The report offers a detailed overview of the vendor landscape, competitive analysis, and critical market strategies to gain competitive advantage.