The Goat Milk Derivatives Market Size was valued at USD 6.8 Billion in 2022. The goat milk derivatives market industry is projected to grow from USD 7.12 Billion in 2023 to USD 10.28 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.71% during the forecast period (2023 - 2032). The rise in government support for the dairy industry and its distinctive qualities, such as its higher vitamin A and oligosaccharides, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for the goat milk derivatives market is being driven. Goat milk is a crucial source of essential nutrients, including vitamins, fats, calcium, magnesium, phosphorus, protein, and sugar, which can meet a person's daily nutritional needs. Many products, including butter, cheese, yogurt, flavored milk, candies, ice cream, fermented milk, curd, and condensed milk, are made with goat milk. Numerous goat milk derivatives businesses, including AVH Dairy Trade B, are on the market. Goat Partners International Inc. Companies like Estrel Ingredients are expanding the market.
The market's growth is hampered by the popularity of veganism and the rise of lactose intolerance, whereas goat milk's benefits, including its high calcium and fatty acid content, nutritional value comparable to that of human milk, ease of digestion for infants, and rise in government support for the dairy industry, are some of the driving forces behind the market expansion. Due to the pandemic, the market's growth has abruptly slowed, but it is anticipated to resume its upward trajectory during the forecast period. In recent years, consumers' awareness of goat milk and its derivatives has grown in developing nations. Goat milk is gaining popularity due to its distinctive qualities, such as its higher Vitamin A and oligosaccharides content than cow's milk, making it an essential component of the human diet. As a result, goat milk has been acknowledged as one of the new "functional foods" that has raised consumer awareness because of its nutritional qualities. Due to its higher digestibility and suitability for those with milk allergies, goat milk is a practical substitute for cow milk. By strengthening bones and reducing immune-related disorders, goat milk or its derivatives provide several health benefits.
As a result, the food industry has several opportunities to focus on the rising demand for goat milk derivatives worldwide due to the spike in demand for goat milk or its derivatives. Thus, driving the goat milk derivatives market revenue.
Based on type, the goat milk derivatives market segmentation includes full cream goat milk powder, skimmed goat milk powder, goat whey protein concentrate, goat demineralized whey powder, and goat lactose. The full cream goat milk powder segment dominated the market; proteins, good fats, vitamins (like vitamins A, D, and B), minerals (like calcium, magnesium, and phosphorus), and antioxidants are all abundant in full cream goat milk powder. These nutrients are crucial for maintaining good health overall and helping the body grow, develop, and function as it should. Due to goat milk's distinctive protein and fat composition, it is frequently considered easier to digest than cow's milk. Goat milk is kinder to the digestive system because its fat globules are smaller and easier to digest. This may be advantageous for people with sensitive digestive systems or lactose intolerance. Full-cream goat milk powder can be a good substitute for some people with allergies or sensitivities to cow's milk. Compared to cow's milk, goat milk has a different protein structure and contains different types of proteins, such as A2 casein. Individuals allergic to or intolerant to cow's milk may find it easier to tolerate goat milk.
The goat milk derivatives market segmentation, based on applications, includes infant formula, cheese, yogurt, ice cream and others. The infant formula category generated the most income. Natural sources of essential nutrients vital to infant development and growth include goat milk. It includes vitamins (such as vitamins A, D, and B vitamins), minerals (such as calcium, phosphorus, and magnesium), proteins, fats, carbohydrates, and other bioactive substances. Infant formula made from goat milk derivatives aims to provide a nutrient profile similar to breast milk, supporting the nutritional requirements of developing infants.
Figure 1: Goat Milk Derivatives Market, by Applications, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American goat milk derivatives market area will dominate this market, owing to an increase in the number of persons affected by cardiovascular devices and obesity. In addition, the growing number of established health clubs and fitness facilities will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: GOAT MILK DERIVATIVES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s goat milk derivatives market accounts for the second-largest market share due to the low cost of bariatric surgery and the rise in the number of diabetes people. Further, the German goat milk derivatives market held the largest market share, and the UK goat milk derivatives market was the fastest-growing market in the European region.
The Asia-Pacific Goat Milk Derivatives Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to expanding awareness of a healthy lifestyle and nutrition and rising per capita disposable income. Moreover, China’s goat milk derivatives market held the largest market share, and the Indian goat milk derivatives market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the goat milk derivatives market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, goat milk derivatives industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the goat milk derivatives industry to benefit clients and increase the market sector. The goat milk derivatives industry has recently offered some of the most significant advantages. Major players in the goat milk derivatives market, including AVH Dairy Trade B.V. (Netherlands), Lacteas Cobreros SA (Spain), Ausnutria Dairy Ingredients (Netherlands), Hoogwegt Groep B.V. (Netherlands), Leeb Biomilch Gmbh (Austria), Goat Partners International Inc. (US), Estrel Ingredients (Spain), Eurial (France), Prolactal (Austria), and A & E Connock LTD (UK) and others, are attempting to increase market demand by investing in research and development operations.
AVH Dairy Trade B.V (Netherlands), dairy trade B.V. offers services for the dairy trade. The business specializes in the trade and export of dairy products made from goats and sheep, such as bulk quantities of goat and sheep liquid milk, goat butter, goat cheese, and goat milk powder. International marketing and trade are two ways that AVH Dairy Trade does business. Dairy trade AVH B.V. was established in the Dutch city of Heerhugowaard in 2001. Milk trade AVH B.V. is an expert in international trade and dairy market development for goat and sheep products. They offer (organic) milk powders (FCMP, SMP, WPC, D90, lactose), curd butter, (semi) hard cheese, and (organic) liquid milk in bulk. AVH has contributed its expertise and knowledge of (organic) goat and sheep dairy products to Emmi's extensive distribution network, which has a wealth of infrastructure, know-how, and experience in goat milk powder type B.V. Since about mid-2013, AVH dairy trade B. V. has joint ownership of Goat Milk Powder B. V. in the Dutch town of Etten-Leur. B. Goat Milk Powder. B.V. is a remarkable dairy supplier.
Goat Partners International Inc. (US), They are stronger when they work as a team and can improve things. For this reason, we establish long-term relationships that benefit everyone in the long run. They consistently deliver. They promise a consistent supply of goat milk powders of the highest quality. The internal R&D team ensures they stay abreast of cutting-edge innovations and methods. This enables them to provide everything you require anywhere in the world, whenever you require it.
Goat Milk Derivatives Industry Developments
September 2022: Producteurs de lait de chevre du Quebec (PLCQ) and the Ontario Goat Dairy Cooperative (ODGC), which together represented about 120 goat dairy farms, announced a strategic alliance with Canada Royal Milk (CRM).
June 2022: Atlanta Whii, a cheese manufacturer, debuted its distinctive cheddar cheese under the Table One brand in June 2022. The goat milk used to make this product is from Canada.
February 2021: Goat milk soaps were introduced by Aadvik Foods in March 2020 in two energizing flavors: tuberose and one each of orange and lemon. These products contain potent oils that combat insomnia, anxiety, and dead skin cells while enhancing general health. The company's product lineup will grow thanks to this launch.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 6.8 Billion |
| Market Size 2023 | USD 7.12 Billion |
| Market Size 2032 | USD 10.28 Billion |
| Compound Annual Growth Rate (CAGR) | 4.71% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | AVH Dairy Trade B.V. (Netherlands), Lacteas Cobreros SA (Spain), Ausnutria Dairy Ingredients (Netherlands), Hoogwegt Groep B.V. (Netherlands), Leeb Biomilch Gmbh (Austria), Goat Partners International Inc. (US), Estrel Ingredients (Spain), Eurial (France), Prolactal (Austria), and A & E Connock LTD (UK) |
| Key Market Opportunities | Rise in government support for the dairy industry |
| Key Market Dynamics | Due to its distinctive qualities, such as its higher Vitamin A and oligosaccharides |
Goat Milk Derivatives Market Highlights:
Frequently Asked Questions (FAQ) :
The goat milk derivatives market size was valued at USD 6.8 Billion in 2022.
The market is projected to grow at a CAGR of 4.71% during the forecast period, 2023-2032.
North America had the largest share of the market
A growth deterrent in the market can be increasing population of lactose intolerant individuals.
The key players in the market are AVH Dairy Trade B.V. (Netherlands), Lacteas Cobreros SA (Spain), Ausnutria Dairy Ingredients (Netherlands), Hoogwegt Groep B.V. (Netherlands), Leeb Biomilch Gmbh (Austria), Goat Partners International Inc. (US), Estrel Ingredients (Spain), Eurial (France), Prolactal (Austria), and A & E Connock LTD (UK).
The full cream goat milk category dominated the market in 2022.
The infant formula had the largest share in the market.
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