Goat Milk Market Worth Observing Growth: FIT, dairy expert, Summerhill Goat Dairy, Delamere Dairy, Holle baby food AG, Yayi International

Key Findings of the Goat Milk Market:

In 2018, by product, the goat milk accounted for the highest market share, growing at a CAGR of 3.7% from 2019 to 2026.
In 2018, by distribution channel, the specialty store segment accounted for one-fourth share and is projected to grow at the highest CAGR of 2.9% during the forecast period.
In 2018, by region, North America accounted for a prominent market share and is anticipated to grow at a CAGRs of 2.9% throughout the forecast period.
In 2018, by country, Mexico accounted for a prominent market share and is anticipated to grow at a CAGRs of 5.3% throughout the forecast period.
In 2018, by region, Asia-Pacific accounted for a prominent market share and is anticipated to grow at a CAGRs of 5.8% throughout the forecast period.

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Some of the major players in the operating in the global goat milk market include Ausnutria Dairy Corporation Ltd., AVH Dairy Trade B.V., Goat Partners International, Granarolo S.p.A., Meyenberg Goat Milk, Redwood Hill Farm & Creamery, St Helen's Farm, Stickney Hill Dairy Inc., Woolwich Dairy Inc., and Xi'an Baiyue Goat Dairy Group Co.Ltd.

The other players in the global goat milk industry are FIT, dairy expert, Hay Dairies Pte Ltd., The Good Goat Milk Co., Summerhill Goat Dairy, Delamere Dairy, Holle baby food AG, Cherry Glen Goat Cheese Co., Yayi International, and Dairy Goat Co-operation (DGC).

According to a new report published by Allied Market Research, titled, " Goat Milk Market by Product, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global goat milk market size was valued at $8.5 billion in 2018 and is projected to reach $11.4 billion by 2026, registering a CAGR of 3.8% from 2019 to 2026.

Goat milk is the type of milk which is white, opaque liquid with a slightly sweet taste and no odor and has various health benefits. The report includes different product categories of goat milk such as milk, cheese, milk powder, and others. The milk by product type is anticipated to witness substantial growth owing to its health benefits, which increases its popularity among the health-conscious population.

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The goat milk market is segmented on the basis of product, distribution channel, and region. Depending on product, the market is segmented into milk, cheese, milk powder, and others.
Based on the goat milk market analysis by product, the cheese segment is expected to grow comparatively faster than other goat milk products, witnessing a CAGR of 5.3%.

According to the goat milk market forecast by distribution channel, the specialty store segment was the major revenue contributor in the market in 2018. In addition, the online segment is expected to witness a growth of the market due to increase in penetration of internet and e-commerce platforms.

By region, the market is dominated by North America, particularly the U.S., followed by Canada as the major market, while Asia-Pacific is dominated by China, with nearly 4.1% CAGR during the forecast period. In addition, LAMEA is expected to witness a 4.6% CAGR during the forecast period.

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