Press release
The Goat Milk Products Market Set for Rapid Growth, More than $20 Billion Revenue Opportunities by 2029 - Arizton
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Report Scope:
Market Size (2029): $20.75 Billion
Market Size (2023): $13.01 Billion
CAGR (2023-2029): 8.09%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Product, Cheese, Milk Powder, Packaged Milk, UHT Milk, Consumer, Distribution Channel and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
The global goat milk products market is experiencing significant growth, driven by the rising popularity of goat cheese, increased demand for goat milk infant formula, technological advancements, government subsidies for goat farming, and the nutritional advantages of goat milk over other varieties. Health-conscious consumers and emerging economies further fuel this demand for functional foods and beverages. Goat cheese, yogurt, and ice cream are gaining traction as consumers seek high-quality, unique food options, aligning with the trend toward specialty and premium products. The demand for goat milk is increasing globally due to its superior nutrient content, improved digestibility, and lower allergy rates than cow milk. As consumers are willing to pay a premium for high-quality, authentic products, market players should focus on introducing natural and organic offerings in the coming years.
Key Development
In 2021, Ausnutria Dairy Corporation Ltd launched its brand, Kabrita, by introducing CBM Goat Power, a protein-rich goat milk designed for infants. This product enhances nutritional value and digestibility, offering skimmed and whole milk options. The company is committed to providing a diverse range of products while actively pursuing acquisitions to expand its presence in the global market.
Government Support Boosts Goat Farming and Goat Milk Production
Government subsidies for goat farming are increasingly gaining traction in the global market as various governments recognize goat milk as a nutritious and sustainable alternative to cow milk. These initiatives aim to enhance goat milk consumption and production, promoting rural development, food security, sustainable agriculture, and diversification within the dairy sector.
Goat farming offers significant socio-economic benefits compared to other livestock species. Goats are efficient in meat production, requiring minimal space and resources. They can thrive in harsh weather conditions and scarce vegetation, making them resilient animals. Additionally, goats provide high-quality milk, manure, and hide, along with meat, positioning livestock farming as a successful and sustainable business model worldwide.
Governments are offering financial incentives to marginal farmers and entrepreneurs to encourage participation in commercial goat farming due to the rising demand for goat milk and meat. In India, the government collaborates with banks and the National Bank for Agriculture and Rural Development (NABARD) to provide incentives, offering subsidies of 25% to 30% on the total cost of purchasing goats. Similarly, China supports goat milk production through subsidies for building goat farms and initiatives to promote goat milk consumption. These factors collectively drive the growing demand for goat milk products globally.
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Vendor List
Key Vendors
* Ausnutria Dairy Corporation Ltd
* Dairy Goat Co-operation
* Darey Brands, Inc.
* Emmi Group
* FIT Company
* Goat Partners International
* Holle baby food AG
* Stickney Hill Dairy Inc
* The Kraft Heinz Company
* Xi'an Baiyue Goat Dairy Group Co.Ltd.
* Aadvik Foods
* Basta
* Cherry Glen Farm, Inc.
* Courtyard Farms
* Delamere Dairy
* Eurial
* Fineboon
* FrieslandCampina
* Good Goat Milk Co.
* Granarolo
* Happy Days Dairy
* Hay Dairies Pte Ltd
* Hewitt's Dairy
* HiPP
* Kavli
* Kendamil
* Lacteos Caprinos S.A.
* Land O'Lakes, Inc.,
* Mt. Capra
* Nannycare Ltd.
* ROCK RIDGE FARMS
* Saputo Inc.
* Shaanxi Huaenbao Dairy Co Ltd
* St. Helen's Farm
* Summerhill Goat Dairy
* Toggs Goat's Milk
* Vitagermine SAS
* Yayi International Inc.
* Toggs Goat's Milk
Segmentation & Forecast
Product
* Cheese
* Chevre
* Mozarella
* Cheddar
* Feta
* Others
* Milk Powder
* Whole
* Skimmed
* Packaged Milk
* Whole
* Skimmed
* UHT Milk
* Whole
* Skimmed
* Others
Consumer
* Adults
* Pediatrics
Distribution Channel
* Supermarkets & Hypermarkets
* Convenience Stores
* Specialty Stores
* Pharmacies
* Online
* Others (Grocery Stores, Wholesalers, Dealers & Others)
Geography
Europe
* Germany
* France
* The UK
* Spain
* Netherlands
North America
* The US
* Canada
APAC
* China
* South Korea
* Australia & New Zealand
* India
Latin America
* Brazil
* Argentina
* Mexico
Middle East & Africa
* Turkey
* South Africa
* Saudi Arabia
The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to thoroughly understand the goat milk products market. Request for Free Sample to get a glance at the report now: [https://www.arizton.com/market-reports/goat-milk-products-market]
What Key Findings Will Our Research Analysis Reveal?
What is the growth rate of the global goat milk products market?
How big is the global goat milk products market?
Which consumer segment provides more global goat milk products market business opportunities?
Which region dominates the global goat milk products market?
Which product segment has the largest global goat milk products market share?
Who are the leading players in the global goat milk products market?
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We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
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Contact Person: Jessica
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