Product Code: GVR-4-68039-916-2
Goat Milk Products Market Growth & Trends:
The global goat milk products market size is expected to reach USD 17.95 billion by 2030 and is expected to expand at a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is predominantly driven by the increasing demand for goat milk for infant food and follow-on formula. In addition, goat milk is also emerging as a healthier alternative to cow milk owing to its nutritional profile. Growing consumer awareness about conditions such as high cholesterol levels, arteriosclerosis, and eczema drives the demand for goat milk products as they help control and prevent these conditions.
According to Ausnutria Dairy Corporation Ltd., a goat milk products manufacturer, the goat milk demand is increasing in infant foods and follow-on formula products. The reason for this increasing demand is the ease of digestibility of goat milk and its high nutritional quality. Goat milk contains all essential amino acids with a highly digestible indispensable amino acid score (DIAAS).
Goat milk also contains naturally higher nucleotide levels which are essential for cell metabolism. Moreover, it has a high level of oligosaccharides which is an essential element, providing prebiotic properties for healthy growth. All these benefits associated with goat milk are driving goat milk product demand among consumers and manufacturers.
The prices of goat milk products were observed slightly high in some countries in 2020 owing to the disruption in the supply chain due to the outbreak of COVID-19 (Coronavirus).
Goat Milk Products Market Report Highlights:
- The powdered goat milk segment is expected to register a high CAGR of 4.9% over the forecast period. The demand for powdered goat milk is increasing among both consumers and manufacturers. The long shelf life of powdered milk played an important role during the lockdown
- The demand for powdered milk is increasing among infant formula manufacturers owing to its high nutritional value, low sugar, high beta-casein, and lower alpha S1-casein which helps ease the digestion process
- The B2B segment is expected to witness the fastest growth over the forecast period. This is due to the increasing demand for various goat milk end-products such as chevre, butter, cheese, flavored milk, and yogurt
- According to the National Center for Biotechnology Information (NCBI), Asia Pacific is the world's largest producer and consumer of goat milk. The goat milk market is developing in the countries from Asia Pacific such as New Zealand and China which do not have a long tradition of goat milk
- India remained the world's largest producer of goat milk and its products. The lower-middle-class people in the country own the majority of goats and deliver milk to dairies. In 2019, the total goat milk production in India was recorded at around 5.4 million tons
- In October 2022, Ausnutria Dairy Corporation Ltd. announced the acquisition of Amalthea Group, a provider of sheep cheese-based products in the Netherlands. Through this acquisition, Ausnutria Dairy Corporation Ltd. is looking to strengthen its competitive advantage and position itself in the goat milk products industry by expanding its entire goat milk portfolio
Table of Contents
Chapter 1. Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources And Third - Party Perspectives
- 1.3.4 Primary Research
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Data Visualization
- 1.6 Data Validation And Publishing
Chapter 2. Executive Summary
- 2.1 Market Outlook
- 2.2 Type Outlook
- 2.3 Distribution Channel Outlook
- 2.4 Regional Outlook
Chapter 3. Goat Milk Products Market Variables, Trends, & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Industry Value Chain Analysis
- 3.3.1 Retail Chain Analysis
- 3.3.2 Profit Margin Analysis
- 3.4 Market Dynamics
- 3.4.1 Market Driver Analysis
- 3.4.1.1 Growing Health And Wellness Trend Among Consumers Globally
- 3.4.1.2 Increasing Lactose Intolerant Population
- 3.4.1.3 Increasing Application In Infant Formula
- 3.4.2 Market Restraint Analysis
- 3.4.2.1 Lack Of Availability As Compared To Cow And Buffalo Milk
- 3.4.3 Industry Challenges
- 3.4.4 Industry Opportunities
- 3.5 Business Environment Analysis
- 3.5.1 Goat Milk Products Industry Analysis - Porter's Five Forces
- 3.5.1.1 Bargaining Power Of Suppliers
- 3.5.1.2 Bargaining Power Of Buyers
- 3.5.1.3 Competitive Rivalry
- 3.5.1.4 Threat Of Substitutes
- 3.5.1.5 Threat Of New Entrants
Chapter 4. Covid - 19 Impact Analysis
- 4.1. Impact Of Covid - 19 On The Global Goat Milk Products Market
Chapter 5. Consumer Behavior Analysis
- 5.1 Demographic Analysis
- 5.2 Consumer Trends & Preferences
- 5.3 Factors Affecting Buying Decision
- 5.4 Consumer Product Adoption
- 5.5 Observations & Recommendations
Chapter 6. Goat Milk Products Market: Type Estimates & Trend Analysis
- 6.1 Type Movement Analysis & Market Share, 2022 & 2030
- 6.2 Liquid Milk
- 6.2.1 Liquid Goat Milk Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 6.3 Powdered Milk
- 6.3.1 Powdered Goat Milk Market Estimates And Forecast, 2017 - 2030 (USD Million)
Chapter 7. Goat Milk Products Market: Distribution Channel Estimates & Trend Analysis
- 7.1 Distribution Channel Movement Analysis & Market Share, 2022 & 2030
- 7.2 B2B
- 7.2.1 Goat Milk Products Market Estimates And Forecast, For B2b, 2017 - 2030 (USD Million)
- 7.3 B2C
- 7.3.1 Goat Milk Products Market Estimates And Forecast, For B2c, 2017 - 2030 (USD Million)
Chapter 8. Goat Milk Products Market: Regional Estimates & Trend Analysis
- 8.1 Regional Movement Analysis & Market Share, 2022 & 2030
- 8.2 North America
- 8.2.1 North America Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.2.2 North America Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.2.3 North America Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.2.4 U.S.
- 8.2.4.1 U.S. Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.2.4.2 U.S. Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.2.4.3 U.S. Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.2.5 Canada
- 8.2.5.1 Canada Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.2.5.2 Canada Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.2.5.3 Canada Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.2.6 Mexico
- 8.2.6.1 Mexico Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.2.6.2 Mexico Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.2.6.3 Mexico Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3 Europe
- 8.3.1 Europe Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.3.2 Europe Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.3.3 Europe Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3.4 U.K.
- 8.3.4.1 U.K. Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.3.4.2 U.K. Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.3.4.3 U.K. Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3.5 Germany
- 8.3.5.1 Germany Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.3.5.2 Germany Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.3.5.3 Germany Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3.6 France
- 8.3.6.1 France Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.3.6.2 France Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.3.6.3 France Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.3.7 Italy
- 8.3.7.1 Italy Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.3.7.2 Italy Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.3.7.3 Italy Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.4.2 Asia Pacific Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.4.3. Asia Pacific Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4.4 China
- 8.4.4.1 China Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.4.4.2 China Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.4.4.3 China Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4.5 India
- 8.4.5.1 India Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.4.5.2 India Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million
- 8.4.5.3 India Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4.6 Japan
- 8.4.6.1 Japan Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.4.6.2 Japan Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.4.6.3 Japan Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.4.7 Australia
- 8.4.7.1 Australia Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.4.7.2 Australia Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.4.7.3 Australia Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.5 Central & South America
- 8.5.1 Central & South America Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.5.2 Central & South America Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.5.3. Central & South America Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.5.4 Brazil
- 8.5.4.1 Brazil Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.5.4.2 Brazil Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.5.4.3 Brazil Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.5.5 Argentina
- 8.5.5.1 Argentina Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.5.5.2 Argentina Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.5.5.3 Argentina Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.6 Middle East & Africa
- 8.6.1 Middle East & Africa Goat Milk Products Market Estimates And Forecast, 2017 - 2030 (USD Million)
- 8.6.2 Middle East & Africa Goat Milk Products Market Estimates And Forecast, By Type, 2017 - 2030 (USD Million)
- 8.6.3 Middle East & Africa Goat Milk Products Market Estimates And Forecast, By Distribution Channel, 2017 - 2030 (USD Million)
- 8.6.4 Saudi Arabia
- 8.6.4.1 Saudi Arabia goat milk products market estimates and forecast, 2017 - 2030 (USD Million)
- 8.6.4.2 Saudi Arabia goat milk products market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.6.4.3 Saudi Arabia goat milk products market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.6.5 SOUTH AFRICA
- 8.6.5.1 South Africa goat milk products market estimates and forecast, 2017 - 2030 (USD Million)
- 8.6.5.2 South Africa goat milk products market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.6.5.3 South Africa goat milk products market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Chapter 9. Goat Milk Products Market: Competitive and Vendor Analysis
- 9.1 Key Global Players, Recent Developments, And Their Impact on The Industry
- 9.2 Key Company Categorization
- 9.2.1 List Of A Few Market Players
- 9.3 Vendor Landscape
- 9.3.1 Heat Map Analysis, 2022
Chapter 10. Company Profiles
- 10.1. Ausnutria Dairy Corporation Ltd.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Strategic Initiatives
- 10.2. Emmi Group
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Strategic Initiatives
- 10.3. Goat Partners International Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Strategic Initiatives
- 10.4. Holle baby food AG
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Strategic Initiatives
- 10.5. St Helen's Farm
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Strategic Initiatives
- 10.6. Hewitt's Dairy
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Strategic Initiatives
- 10.7. Woolwich Dairy Inc.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Strategic Initiatives
- 10.8. Xi'an Baiyue Goat Dairy Group Co.Ltd.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Strategic Initiatives
- 10.9. HiPP
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Strategic Initiatives
- 10.10. Courtyard Farms
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Strategic Initiatives