Goat Milk Products Market Size was valued at USD 15.1 billion in 2023. The Goat Milk Products market industry is projected to grow from USD 16.12227 Billion in 2024 to USD 23.88480 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.77% during the forecast period (2024 - 2032). The increase in health-conscious consumers and the rise in the number of infants are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The increase in health-conscious consumers, the rise in the number of infants, and technological advancements are the main drivers of the growth. The nutrients, energy, and fat in goat milk are plentiful. Due to the slightly lower lactose content, it is creamier, thicker, easier to digest, and less likely to cause allergies. Potassium, calcium, magnesium, vitamin A, and phosphorus are all abundant in them.
The trend of lower goat milk prices was maintained in the following months, corresponding to the post-confinement period. The majority of the world's production of goat milk is produced in a small number of nations. This includes, among other nations, Bangladesh, Pakistan, Sudan, India, Turkey, and France. There was a slight obstruction in the supply chain from these countries due to transportation restrictions.
Various finished goods, including cheese, butter, ice cream, yogurt, etc., are produced using goat milk. It is widely used to create chevre, a unique goat milk cheese well-known in Europe and North America. During the lockdown, there was a significant increase in the demand for goat milk products. Several companies introduced new products in response to rising consumer demand for long-lasting products during quarantine. In response to consumer demand, Delamere Dairy’s new whole milk powder made with goat's milk in 2020 has enhanced the Goat Milk Products market CAGR Globally in recent years.
The Goat Milk Products market segmentation is based on product type, Concentrated, Fermented, Powdered, Fat-rich, and Others. The Concentrated segment held the majority share in 2022 concerning the Goat Milk Products market revenue. Goat milk cheese is high in nutrients and low in calories and fat. There are several types and flavors to choose from, including cheddar, chevre, feta, mold, and more. People choose these products because of the health benefits of goat milk. India, Pakistan, Bangladesh, and Turkey are just a few European nations with high consumption rates. To extract liquid milk, a variety of goat species are used. Numerous goat breeds are common, including Alpines, La Machas, Nigerian Dwarf, Oberhaslis, Saanens, and Nubians. Due to goat milk’s numerous health advantages—including healthy weight gain, simple digestion, increased platelet count, reduced cholesterol levels, and prevention of insulin resistance—goat milk consumption has been on the rise recently. A2 casein is widely distributed in goat milk. For example, approximately 3.6 grams of A2 casein are present in 100 ml of goat milk. A2 casein aids in the prevention of inflammatory diseases like colitis and irritable bowel syndrome due to its high protein content, similar to human breast milk. Goat milk is typically the first source of protein given to infants after breast milk. Therefore, they are less likely than cow's milk to develop allergies.
The Goat Milk Products market segmentation, based on Packaging type, includes Bottles, Cartons, Cans, Tubes, And Others. The Bottles segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Bottles can be made in almost any size, shape, or color to suit your needs. Your bottle will be branded to advertise your business, whether a label is printed to adorn it or decorations are directly applied to it. Create your ideal product packaging by selecting the material, size, finish, color, and closure implants for Goat Milk Products that positively impact the market growth.
Distribution Channel has bifurcated the Goat Milk Products market data into Store and Non-Store. The Store segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. The market is further divided into specialty shops, convenience stores, online retail, and hypermarkets/supermarkets, among other sales channels. Dairies or specialty shops distribute the majority of these goods. Milk producers and farmers deliver goat milk to dairies, which is processed into powdered or packaged liquid milk. Like many superstores and hypermarkets, goat milk and its byproducts are available. They include Whole Foods Market, Walmart, Kroger, Costco, Tesco, Auchan, Argos, Star Market, Wegmans, and Carrefour, to name a few.
Figure 1: Goat Milk Products Market, by Distribution Channel, 2022 & 2030 (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 the Rest of the World. The North America Goat Milk Products market accounted for USD 6.9158 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. In the U.S., they have risen noticeably due to consumer awareness of milk and milk products' health advantages and benefits. The United States Department of Agriculture (USDA) estimates that in 2020, per capita consumption of dairy products increased by 26 pounds to 655 pounds. e. 628 pounds.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: GOAT MILK PRODUCTS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s Goat Milk Products market accounts for the second-largest market share. A significant factor driving the demand for goat milk in the area is the growing consumer preference for healthy foods due to the expanding health and wellness trend. France, Italy, and Germany are the region's main exporters, accounting for most of the market. Goat milk is most commonly imported and exported from Germany. According to estimates, Italy is the region's biggest consumer of goat milk, while France is the continent's largest producer. Further, the Germany Goat Milk Products market held the largest market share, and the UK Goat Milk Products market was the fastest growing market in the European region.
The Asia-Pacific Goat Milk Products Market is expected to grow at the fastest CAGR from 2022 to 2030. The biggest producers and consumers of goat milk worldwide are India, Pakistan, Bangladesh, and China. With about 25% of the output, India leads the world in production and consumption. According to NCBI, only the Asia Pacific region contains about 60% of the world's goat population. Moreover, the China Goat Milk Products market held the largest market share, and the India Goat Milk Products market was the fastest-growing market in the Asia-Pacific region.
Major market players are spending much on R&D to increase their product lines, which will help the Goat Milk Products market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Goat Milk Products industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
Manufacturing locally to reduce operating costs is one of the primary business strategies manufacturers adopt in the Goat Milk Products industry to benefit clients and expand the market sector. In recent years, the Goat Milk Products industry has provided medicine with some of the most significant benefits. The Goat Milk Products markets major players such as Emmi Group (Switzerland), Ausnutria Dairy Ingredients (The Netherlands), The Good Goat Milk Co. (New Zealand), Hogwegt Group (The Netherlands), Delamere Dairy Ltd. (UK), AVH Dairy (The Netherlands), Orient EuroPharma Co. Ltd. (China), Saputo Inc. (Canada), Hay Dairies Pte Ltd. (Singapore), Quidditas Farms Pvt. Ltd. (India), and others are working on expanding the market demand by investing in research and development activities.
Emmi overtakes Emmi Group (Switzerland) Swiss Dairy Food's cheese division. With this deal, the Emmi Group will now include the following companies: Käsespezialitäten AG in Utzenstorf, Lataria Engiadinaisa in Bever, Säntis Fromsuisse SA in Gossau, Top Cheese Switzerland AG in Ostermundigen, Fromagerie de Saignelégier SA, Fromco (Affinage) SA in Moudon, Goldbach and Roth AG in Lützelflüh, and Gerberkäse AG on Thu. Emmi is now the no because of this. One dairy company in Switzerland.
Also, AVH Dairy (The Netherlands) AVH dairy was established in Heerhugowaard, Netherlands. In the development of the goat and sheep dairy markets internationally, AVH Dairy is a specialist. AVH dairy can offer its customers the best service possible thanks to its vast network, a complete focus on goat and sheep dairy, and skilled staff. Transparent communication, a proactive attitude, and trust are characteristics of our team of seasoned employees. We like to collaborate; after all, conducting business requires cooperation. Please visit our website to learn more about our team and products and how to get in touch if you want to do business with us.
Goat Milk Products Industry Developments
July 2022: Canada Royal Milk (CRM) announced a strategic alliance with Producteurs de lait de chevre du Quebec (PLCQ) and the Ontario Goat Dairy Cooperative (ODGC), which together represented about 120 goat dairy farms.
November 2020: A cheese manufacturer named Atlanta Wahi debuted its distinctive cheddar cheese under the Table One brand. This product is made in Canada using goat milk.
September 2020: Goat milk soaps were introduced by Aadvik Foods 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 can expand its product line with the aid of this launch.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 15.1 billion |
| Market Size 2024 | USD 16.12227 billion |
| Market Size 2032 | USD 23.88480 billion |
| Compound Annual Growth Rate (CAGR) | 6.77% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2020 - 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Operating Platforms, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Emmi Group (Switzerland), Ausnutria Dairy Ingredients (The Netherlands), The Good Goat Milk Co. (New Zealand), Hogwegt Group (The Netherlands), Delamere Dairy Ltd. (UK), AVH Dairy (The Netherlands), Orient EuroPharma Co. Ltd. (China), Saputo Inc. (Canada), Hay Dairies Pte Ltd. (Singapore), Quidditas Farms Pvt. Ltd. (India) |
| Key Market Opportunities | The increase in health-conscious consumers |
| Key Market Dynamics | The rise in the number of infants |
Goat Milk Products Market Highlights:
Frequently Asked Questions (FAQ) :
The Goat Milk Products market size was valued at USD 15.1 Billion in 2023.
The market is projected to grow at a CAGR of 6.77% during the forecast period, 2024-2032.
North America had the largest share of the market
The key players in the market are Emmi Group (Switzerland), Ausnutria Dairy Ingredients (The Netherlands), The Good Goat Milk Co. (New Zealand), Hogwegt Group (The Netherlands), Delamere Dairy Ltd. (UK), AVH Dairy (The Netherlands), Orient EuroPharma Co. Ltd. (China), Saputo Inc. (Canada), Hay Dairies Pte Ltd. (Singapore), Quidditas Farms Pvt. Ltd. (India).
The Concentrated category dominated the market in 2023.
The Bottles had the largest share of the market.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.Â
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
