The Goat Milk Products Market Size was esteemed at USD 17.23 billion out of 2022 and is supposed to arrive at USD 25.66 billion by 2030, and develop at a CAGR of 5.1% over the forecast period 2023-2030.
Goat milk accompanies a lot of medical advantages. From the absolute amount of goat milk created, the larger part share is used for direct utilization, trailed by the creation of cheddar, milk powder, and different items. It is the rich wellspring of protein, calcium, fats, nutrients, iron, and other fundamental supplements when contrasted with dairy cattle milk. It assists with further developing platelet include in the blood during dengue and other viral illnesses. In addition, because of its high calcium content, it helps keep bones and teeth more grounded. It is the best wellspring of energy for developing children.
The rising buyer well-being worries about the high pervasiveness of way of life infections, like cardiovascular problems, hypertension, diabetes, corpulence, and so forth, are driving the utilization of goat milk items. The developing geriatric populace who are more inclined to bone-related clinical sicknesses is further supporting the market development. In addition, the rising mindfulness towards a few advantages of goat milk is likewise driving its interest, especially among the wellbeing cognizant purchasers. The rising tendency of lactose-prejudiced people towards goat milk because of its lower lactose levels is further catalyzing the market. The send-off of significant worth added items, for example, enhanced milk assortments with low-sugar and sans fat substances is additionally energizing the market development. Goat milk-based baby recipes are additionally getting momentum because of their high dietary substance which forestalls neurodevelopment issues in youngsters. Besides, the rising interest for goat milk in the individual consideration area for assembling cleansers, creams, and salves, is additionally catalyzing the market.
This milk, which was prior sold for Rs. 30 a liter is currently accessible at an expense that shifts from Rs. 200 to 300 liters. Many individuals accept that goat milk helps increment the platelets of dengue patients, which for the most part fall alarmingly after the contamination.
Driving Factors:
Baby food sources and follow-on recipe items application.
Customer wellbeing worries about the high predominance of the way of life infections, like cardiovascular problems, hypertension, diabetes, weight, and so on.
Restraining Factors:
The significant expense of goat milk.
Opportunities:
The developing geriatric populace who are more inclined to bone-related clinical illnesses.
The rising mindfulness towards a few advantages of goat milk.
Challenges:
Rising mindfulness among individuals in regards to the advantages of vegetarian items.
The costs of goat milk items were noticed somewhat high in certain nations in 2020 attributable to the disturbance in the production network because of the flare-up of Coronavirus. According to the National Center for Biotechnology Information (NCBI), Asia Pacific is the biggest maker and purchaser of goat milk on the planet. The market is created in nations, for example, New Zealand and China, which don't have a practice goat milk.
By-Products:
As the result, the market is grouped into milk, cheddar, milk powder, and others. In 2019, milk was the main fragment in the worldwide market, attributable to the coordinated utilization of goat milk. Also, the administration of different nations is acquainting different drives to fuel the development of the dairy area.
By Distribution Channel:
Based on the appropriation channel, the market is sorted into hypermarkets and general stores, odds and ends shops, specialty stores, clinical and drug stores, and on the web. The specialty stores fragment was the main portion in the worldwide market, inferable from the accessibility of milk as well as its items at an equivalent store. Also, infiltration of the web has expanded the internet-based deals and expanded utilization of goat milk to deliver baby equation; subsequently, contributing toward the market development.
By-Products:
Milk
Cheese
Milk Powder
Other
By Distribution Channel:
Hypermarkets & Supermarket
Convenience Store
Specialty Store
Medical & Pharmacy Store
Online
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
India stayed the world's biggest maker of goat milk items. The lower-working class bunch in the nation has most of the goats and conveys milk to dairies. The complete goat milk creation in India was recorded at around 5.4 million tons. India is the biggest maker of goat milk on the planet. The nation alone records around one-fourth of the worldwide creation. Europe is the second-biggest market. Germany, Italy, and France are significant supporters of the Europe provincial market. Germany is the biggest merchant and exporter of goat milk on the planet. France is the biggest maker and Italy is the biggest buyer of goat milk in the district.
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.
Goat Partners International-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 17.23 Billion |
| Market Size by 2030 | US$ 25.66 Billion |
| CAGR | CAGR 5.1% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Product (Milk, Cheese, Milk Powder, and Others) • by Distribution Channel (Hypermarkets & Supermarket, Convenience Store, Specialty Stores, Medical & Pharmacy Store, and Online) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | 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. |
| Key Drivers | •Baby food sources and follow-on recipe items application. |
| Market Opportunities | •The developing geriatric populace who are more inclined to bone-related clinical illnesses. •The rising mindfulness towards a few advantages of goat milk. |
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The base year calculated in the Goat Milk Market report is 2021.
Ans: 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.
Ans: The significant expense of goat milk and Rising mindfulness among individuals in regards to the advantages of vegetarian items.
Ans: The Global Goat Milk Products Market Size is supposed to arrive at USD 14.7 billion by 2028, and develop at a CAGR of 5.1% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Goat Milk Products Market segmentation, by Product Type:
8.1 Milk
8.2 Cheese
8.3 Milk Powder
8.4 Other
9. Global Goat Milk Products Market segmentation, by Distribution Channel:
9.1 Hypermarkets & Supermarket
9.2 Convenience Store
9.3 Specialty Store
9.4 Medical & Pharmacy Store
9.5 Online
10. Global Goat Milk Products Market, by region/ country
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company profiles
11.1 Ausnutria Dairy Corporation Ltd.
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 Swot Analysis
11.1.4 The SNS View
11.2 AVH Dairy Trade B.V.
11.3 Goat Partners International
11.4 Granarolo S.p.A.
11.5 Meyenberg Goat Milk
11.6 Redwood Hill Farm & Creamery
11.7 St Helen’s Farm
11.8 Stickney Hill Dairy Inc.
11.9 Woolwich Dairy Inc.
11.10 Xi'an Baiyue Goat Dairy Group Co.Ltd.
12. Competitive Landscape
12.1 Competitive Bench Marking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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