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Goat Milk Market Report by Sector (Unorganised, Organised), Product Type (Liquid Milk, Cheese, Milk Powder, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online Sales, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A2357
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Market Overview 2024-2032:
The global goat milk market size reached US$ 9.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.61% during 2024-2032.
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Report Attribute
|
Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 9.7 Billion |
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Market Forecast in 2032
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US$ 14.5 Billion |
| Market Growth Rate 2024-2032 | 4.61% |
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.
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.
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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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 2024-2032. Our report has categorized the market based on sector, product type and distribution channel.
Breakup by Sector:
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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- 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 | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| 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$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| 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) |
The global goat milk market was valued at US$ 9.7 Billion in 2023.
We expect the global goat milk market to exhibit a CAGR of 4.61% during 2024-2032.
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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