The Goat Milk Products Market Set for Rapid Growth, More than $20 Billion Revenue Opportunities by 2029 - Arizton

According to Arizton’s latest research report, the goat milk products market is growing at a CAGR of 8.09% from 2023 to 2029.           

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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 
• Lácteos 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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