According to IMARC Group’s latest report, titled “Goat Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global goat milk market size reached US$ 9.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.84% during 2023-2028.

Year Considered to Estimate the Market Size:

  • Base Year of the Analysis: 2022
  • Historical Period: 2017-2022
  • Forecast Period: 2023-2028

Goat milk is a potential source of several macro- and micro-nutrients. It includes a good proportion of fat, carbohydrates, and other nutritional components and its consumption is associated with numerous health benefits when compared with the milk of other species. It aids in lowering blood pressure levels, maintaining good heart health, increasing metabolism, escalating the growth of beneficial gut bacteria, and enhancing neural functioning.

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Market Trends and Drivers:

A steady increasing in the number of health-conscious individuals represents one of the key factors driving the market growth across the globe. Moreover, goat milk possesses a lesser risk of allergies as it has a marginally lower lactose content, due to which it is gaining traction among lactose intolerant consumers. This, along with rising number of lactose intolerant individuals is contributing to the market growth. In addition to this, the growing health and wellness trends among the masses, coupled with the increase in the prevalence of lifestyle diseases, like hypertension, cardiovascular disorders, obesity, and diabetes are facilitating the demand for goat milk, which is further supporting the growth of the market. Other factors, such as the launch of value-added products, including flavored milk varieties with low-sugar and fat-free content and the introduction of goat milk-based infant formulas, are creating a positive outlook for the market.

Goat Milk Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the goat milk market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Ausnutria Dairy Corporation Ltd.
  • AVH Dairy Trade B.V.
  • Goat Partners International
  • Granarolo S.p.A.
  • Meyenberg
  • Redwood Hill Farm & Creamery
  • St Helen's Farm
  • Stickney Hill Dairy Inc
  • Woolwich Dairy Inc.
  • Xi'an Baiyue Goat Dairy Group Co.Ltd. (Baiyue)

Key Market Segmentation:

The report has segmented the global goat milk market based on sector, product type, distribution channel and region.

Breakup by Sector

  • Unorganised
  • Organised

Breakup by Product Type:

  • Liquid Milk
  • Cheese
  • Milk Powder
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Convenience Stores
  • Online Sales
  • Others

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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