(MENAFN- IMARC Group)
According to IMARC Group, the global goat milk market size reached US$ 9.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.61% during 2024-2032.
Goat milk is a type of milk that is derived from the lactating mammary glands of goats. Goat milk carries high nutritional content, including protein, vitamins, minerals, and antioxidants, and is easier to digest as compared to other types of milk. Goat milk has a unique taste profile and a creamy texture. It is also lower in lactose which makes it a suitable option for individuals who are lactose intolerant. Consequently, goat milk finds applications across various industries, including the dairy, cosmetics, and food.
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Goat Milk Market Trends:
The increasing consumer awareness about the health benefits of goat milk represents one of the key factors influencing the market growth. This, along with the rising health consciousness among individuals, is contributing to the market growth. Since goat milk is high in its nutritional content but low in lactose, it serves as a great dairy source for lactose intolerant individuals, which is facilitating its demand, thus driving the market growth. Additionally, the rising demand for natural and organic product variants is driving the growth of the market. Other factors such as the technological advancements in the production and distribution processes, the rising demand for goat milk-based products, and the easy product availability, are creating a positive outlook for the market further across the globe.
Competitive Landscape:
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 . (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
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
Key Highlights of the Report:
Market Performance (2018-2023) Market Outlook (2024-2032) 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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