Goat Milk Market Share, Size, Growth and Forecast 2023-2028

Goat Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2357

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Market Overview 2023-2028:

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 is highly nutritious as it contains a rich amount of essential vitamins and minerals, including potassium, iron, and calcium. It helps in lowering blood pressure levels, enhancing metabolism, maintaining good heart health, improving neural functioning, and increasing the growth of beneficial gut bacteria. Furthermore, regular consumption of goat milk helps in improving the blood platelet count during viral diseases, such as dengue. It also helps in treating anemia, asthma, eczema, magnesium deficiency diseases, digestive ailments, and skin disorders. Goat milk products available in the market include pasteurized milk, yogurt, cheese, milk powder, infant formula, etc.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Goat Milk Market Trends:

The rising consumer health concerns towards the high prevalence of lifestyle diseases, such as cardiovascular disorders, hypertension, diabetes, obesity, etc., are driving the consumption of goat milk products. The growing geriatric population who are more prone to bone-related medical ailments is further bolstering the market growth. Moreover, the increasing awareness towards several benefits of goat milk is also driving its demand, particularly among the health-conscious consumers. The rising inclination of lactose-intolerant individuals towards goat milk due to its lower lactose levels is further catalyzing the market. The launch of value-added products such as flavored milk varieties with low-sugar and fat-free content is also fueling the market growth. Goat milk-based infant formulas are also gaining traction due to their high nutritional content which prevents neurodevelopment disorders in children. Moreover, the increasing demand for goat milk in the personal care sector for manufacturing soaps, creams, and lotions, is also catalyzing the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global goat milk market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on sector, product type and distribution channel.

Breakup by Sector:

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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:

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North America
- United States
- Canada
Asia Pacific
- China
- India
- Japan
- Indonesia
- Australia
- Others
Europe
- Russia
- Germany
- France
- Italy
- United Kingdom
- Netherlands
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
- Turkey
- South Africa
- Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being 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. and Xi'an Baiyue Goat Dairy Group Co.Ltd. (Baiyue).

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Sector, Product Type, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Netherlands, Russia, China, Japan, India, Australia, Indonesia, Brazil, Mexico, Turkey, South Africa
Companies Covered	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. and Xi'an Baiyue Goat Dairy Group Co.Ltd. (Baiyue)
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global goat milk market was valued at US$ 9.2 Billion in 2022.

We expect the global goat milk market to exhibit a CAGR of 4.84% during 2023-2028.

The growing demand for goat milk among individuals, as it aids in lowering blood pressure levels, enhancing metabolism, maintaining heart health, etc., is primarily driving the global goat milk market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of goat milk.

Based on the sector, the global goat milk market can be bifurcated into unorganized and organized, where organized holds the largest market share.

Based on the product type, the global goat milk market has been segmented into liquid milk, cheese, milk powder, and others. Currently, liquid milk exhibits clear dominance in the market.

Based on the distribution channel, the global goat milk market can be divided into supermarkets and hypermarkets, specialty stores, convenience stores, online sales, and others. Among these, supermarkets and hypermarkets account for the majority of the global market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global goat milk market 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., and Xi'an Baiyue Goat Dairy Group Co.Ltd. (Baiyue).

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