The latest report published by IMARC Group, titled “Goat Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global goat milk market size reached US$ 9.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.84% during 2023-2028.
Goat milk refers to the typical lacteal secretion, free of colostrum, produced by the full milking of one or more healthy goats. It is either consumed directly or further processed for the production of dairy products, such as cheese, yogurt, and butter. It contains low fat content, high nutritional value, and several potential health benefits. Goat milk finds its application in the dairy manufacturing industries to produce final products like cheese, yoghurt, ice cream and sweets.
Market Trends:
The increasing awareness regarding the health benefits of goat milk represents one of the key factors influencing the market growth. Moreover, the rising popularity of goat milk-based infant formula is also fueling the market growth. The market is also being driven by the upsurge in the availability of processed goat milk products in supermarkets and online retail channels. Furthermore, consumers are preferring goat milk-based processed products for their convenience and nutritional value which is driving the market towards growth. Other factors, such as government support for dairy farming and processing, rising consumer expenditure capacities, the easy product availability at affordable price points, and an overall increase in health consciousness in individuals, are creating a positive outlook for the goat milk market further across the globe.
Competitive Landscape With Key Players:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Ausnutria Dairy Corporation Ltd.
- AVH Dairy Trade B.V.
- Goat Partners International
- Granarolo S.p.A.
- Meyenberg
- Redwood Hill Farm & Creamery
- St Helen’s Farm
- Stickney Hill Dairy Inc
- Woolwich Dairy Inc.
- Xi’an Baiyue Goat Dairy Group Co.Ltd. (Baiyue)
Key Market Segmentation:
The report has segmented the global market based on sector, product type, distribution channel and region.
Breakup by Sector
- Unorganised
- Organised
Breakup by Product Type:
- Liquid Milk
- Cheese
- Milk Powder
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Sales
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report: https://www.imarcgroup.com/goat-milk-market
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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