Press release
Goat Cheese Market Size, Insights, Growth Rate, Trends Analysis And Forecast To 2033
"The new report published by The Business Research Company, titled ""Goat Cheese Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the goat cheese market size has grown strongly in recent years. It will grow from $5.70 billion in 2023 to $6.03 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The goat cheese market size is expected to see strong growth in the next few years. It will grow to $7.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.
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Ready-To-Eat Food Demand Drives Growth In The Goat Cheese Market
The increasing demand for ready-to-eat food products is expected to propel the growth of the goat cheese market going forward. Ready-to-eat food products are pre-prepared meals or snacks that require no additional cooking or preparation before consumption. The demand for ready-to-eat foods is due to busy lifestyles, convenience, and growing interest in health-conscious and diverse culinary options. Goat cheese, perceived as healthier due to lower lactose and higher digestibility, aligns with the trend towards natural, nutritious ingredients in ready-to-eat options. It is a versatile ingredient used in various ready-to-eat food products, enhancing flavor, texture, and nutritional value. For instance, according to DPO International, a Malesia-based specialized food distribution company, the global consumption of ready-to-eat food meals is expected to amount to 101.60bn kg by 2029, with 4.6% in volume growth annually. Therefore, the increasing demand for ready-to-eat food products drives the growth of the goat cheese market.
Innovative Gourmet Offerings Expand Goat Cheese Market Appeal
Major companies operating in the goat cheese market are focused on developing innovative products, such as gourmet goat cheese, to expand consumer flavor profiles and applications. Gourmet goat cheese refers to high-quality, artisan-style goat cheese products with unique flavors, premium ingredients, and an appealing presentation designed to cater to sophisticated tastes and enhance culinary experiences. For instance, in July 2022, Saputo Cheese USA Inc., a US-based producer of a wide variety of high-quality cheese products, launched a series of topped goat cheeses and a hibiscus berry goat cheese log under its Montchevre brand. The Montchevre Hibiscus Berry Goat Cheese log is a type of gourmet cheese with a rich flavor profile that is sharp, acidic, and sweet, with undertones of sangria in a cheese style. This cheese range has two flavors Cranberry Port and Roasted Red Pepper. The Cranberry Port type has a cranberry-forward flavor profile that goes nicely with a dry glass of prosecco, and the roasted red pepper flavor has a sharp, acidic, and forceful pepper-forward taste that complements light or white wines.
The goat cheese market covered in this report is segmented -
1) By Type: Fresh Goat Cheese, Aged Goat Cheese, Flavored Goat Cheese, Other Types
2) By Flavour: Earthy, Tangy, Tart
3) By Form: Soft Cheese, Semi-Soft Cheese, Firm Cheese, Ripened Cheese, Aged Cheese
4) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels
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Major companies operating in the goat cheese market are Agrial, Montchevre, Vermont Creamery, Granarolo S.p.A., Cypress Grove Chevre Inc., Redwood Hill Farm & Creamery, Laura Chenel, St. Helen's Farm, Saputo Cheese USA Inc., Henri Willig Kaas, Haystack Mountain Creamery, Stickney Hill Dairy Inc., Dejong Cheese, Amsterdam Cheese Company, Belle Chevre, Capriole, Goat Lady Dairy, Delamere Dairy, The Welsh Cheese Company, Lácteos Segarra
Contents of the report:
1. Executive Summary
2. Goat Cheese Market Report Structure
3. Goat Cheese Market Trends And Strategies
4. Goat Cheese Market - Macro Economic Scenario
5. Goat Cheese Market Size And Growth
…..
27. Goat Cheese Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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