Executive Summary
Azoth Analytics has released a research report titled "Goat Milk Products Market (2023 Edition)" which provides a complete analysis of the global Goat Milk Products industry in terms of market segmentation by Product Type (Cheese, Butter, Yogurt, Others), Product Form (Fluid Products, Fermented Products, Frozen Products) and by End Use Industry (Commercial, Individual). The report has been analyzed by region and by country for the historical period of 2018-2022, the estimated year 2023 and the forecast period of 2024-2028.
The goat milk products market has been assessed by value (USD Million) and volume (Thousand Tonnes). Also, the pricing analysis of goat milk has been done at the global and regional levels with pricing by Product Type (Cheese, Butter, Yogurt, Others). The research study also looks at the market growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution. During the forecast period, 2024-2028, the global Goat Milk Product is expected to expand at a CAGR of 7.09%. The increasing awareness about healthcare, as well as the growing urbanization, are driving up the Goat Milk Product market.
The Goat Milk Product market is expected to generate USD 17.5 billion by the end of 2028, up from USD 11.78 billion in 2022. Dairy industries, and other industries that use goat milk as their raw material had been expanding significantly, and the pandemic has made the expansion of the Dairy industry even faster. There is a significant rise in demand for the goat dairy products such as cheese, butter and milk powder as a result of an increase in population and awareness about goat milk. Increasing awareness, government support by providing subsidies, an increase in demand for additional nutritional products, the expansion of product offerings, and the demand for organic products are key drivers behind the market growth.
In the Asia Pacific region, customers are ready to pay for advanced products such as goat cheese, goat milk powder, yoghurt, skin care products, and other products. The growing concern for health has increased demand for goat milk and a variety of products, including goat milk soap. Additionally, with the growth in infections, allergies, bacterial diseases, and other skin disorders, the need for using organic, healthy, and nutritious products have been increased.
The research covers a detailed analysis of the market in Europe, the Middle East & Africa, the Americas, and Asia Pacific. Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities and demand forecast. The major factor driving the growth of the goat milk product market is the increasing demand for infant milk formula. Furthermore, the rising demand for specialty products is the governing factor for infant milk formula.
The infant milk formula acts as the main source of minerals, calories and vitamins for babies. North America is one of the biggest markets for baby food and infant formula products in the region. Increasing disposable incomes, new product innovations and high birth rates are some of the main drivers for the infant milk formula in the region. Additionally, the increasing working women population, easy availability, and inability to breastfeed have also increased the demand for infant formula products. Rising awareness of the health benefits as well as expanding globalization will continue to boost the demand for goat infant milk formula in the region.
Currently, consumers have become more health conscious and prefer less processed food and natural drinks for their babies. Therefore, baby infant formula free from ingredients such as added sugar, sodium, and preservatives could bring new opportunities for manufacturers in the U.S. baby infant milk formula market. Moreover, manufacturers are focused on organic contents by removing genetically modified ingredients (GMOs), synthetic pesticides, and fertilizers in the feeds of cows, goats, and other dairy animals. Thus, the milk used in the baby infant formula is certified as organic and a shift in preference toward organic food & drink is anticipated to offer remunerative opportunities for the expansion of the goat milk formula during the forecast period.
Scope of the Report
• The report analyses the Goat Milk Products Market by Value (USD Million), Volume (Thousand Tonnes) and Pricing (USD/Kg).
• The report presents the analysis of Goat Milk Products Market for the historical period of 2018-2022, the estimated year 2023 and the forecast period of 2024-2028.
• The countries analyzed in the report include the United States, Canada, Brazil, Germany, UK, France, Italy, China, Japan and India.
• The report analyses the Goat Milk Products Market by Product Type (Cheese, Butter, Yogurt, Others).
• The report analyses the Goat Milk Products Market by product form (Fluid Products, Fermented Products, Frozen Products).
• The report analyses the Goat Milk Products Market by End Use Industry (Commercial, Individual).
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by product type, by product form, by end-use industry.
• Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Ausnutria Dairy Corp. Ltd., Goat Partners International Inc., Emmi AG, Holle Baby Food AG, St. Helen's Farm, Hewitt's Dairy, Woolwich Dairy Inc., Granarolo S.P.A., Meyenberg Goat Milk, and Redwood Hill Farm & Creamery.
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
3. Global Goat Milk Products Market: Historic and Forecast (2018-2028)
3.1 Impact Analysis of Macro Economic Factors on the Goat Milk Products Market
3.2 Goat Milk Product Imports by Country, 2021
3.3 World's Top Goat Milk Producing Countries, 2022 (Million Metric Tonnes)
3.4 Global Goat Milk Products Market: Dashboard
3.5 Global Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
3.6 Global Goat Milk Products Market: Market Volume and CAGR, 2018-2028 (000' Tonnes)
3.7 Average Selling Price Assessment of Goat Milk Products
3.8 Impact of COVID-19 on Goat Milk Products MarketFX
3.9 Global Goat Milk Products Market Segmentation: By Product Type
3.9.1 Global Goat Milk Products Market, By Product Type Overview
3.9.2 Global Goat Milk Products Market Size, By Cheese, By Value, 2018H-2028F (USD Million & CAGR)
3.9.3 Global Goat Milk Products Market Size, By Butter, By Value, 2018H-2028F (USD Million & CAGR)
3.9.4 Global Goat Milk Products Market Size, By Yoghurt, By Value, 2018H-2028F (USD Million & CAGR)
3.9.5 Global Goat Milk Products Market Size, By Other Products, By Value, 2018H-2028F (USD Million & CAGR)
3.10 Global Goat Milk Products Market Segmentation: By Product Form
3.10.1 Global Goat Milk Products Market, By Product Form Overview
3.10.2 Global Goat Milk Products Market Size, By Fluid Products, By Value, 2018H-2028F (USD Million & CAGR)
3.10.3 Global Goat Milk Products Market Size, By Fermented Products, By Value, 2018H-2028F (USD Million & CAGR)
3.10.4 Global Goat Milk Products Market Size, By Frozen Products, By Value, 2018H-2028F (USD Million & CAGR)
3.11 Global Goat Milk Products Market Segmentation: By End Use Industry
3.11.1 Global Goat Milk Products Market, By End Use Industry Overview
3.11.2 Global Goat Milk Products Market Size, By Commercial, By Value, 2018H-2028F (USD Million & CAGR)
3.11.3 Global Goat Milk Products Market Size, By Individual, By Value, 2018H-2028F (USD Million & CAGR)
4. Global Goat Milk Products Market, Regional Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Goat Milk Products Market: Historic and Forecast (2018-2028)
5.1 Americas Goat Milk Products Market: Snapshot
5.2 Americas Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
5.3 Americas Goat Milk Products Market: Market Size and CAGR, 2018-2028 (000' Tonnes)
5.4 Average Selling Price Assessment of Goat Milk Products
5.5 Americas Goat Milk Products Market: Key Factors
5.6 Americas Goat Milk Products Market Segmentation: By Product Type
5.6.1 Americas Goat Milk Products Market, By Product Type Overview
5.6.2 Americas Goat Milk Products Market Size, By Cheese, By Value, 2018H-2028F (USD Million & CAGR)
5.6.3 Americas Goat Milk Products Market Size, By Butter, By Value, 2018H-2028F (USD Million & CAGR)
5.6.4 Americas Goat Milk Products Market Size, By Yoghurt, By Value, 2018H-2028F (USD Million & CAGR)
5.6.5 Americas Goat Milk Products Market Size, By Other Products, By Value, 2018H-2028F (USD Million & CAGR)
5.7 Americas Goat Milk Products Market Segmentation: By Product Form
5.7.1 Americas Goat Milk Products Market, By Product Form Overview
5.7.2 Americas Goat Milk Products Market Size, By Fluid Products, By Value, 2018H-2028F (USD Million & CAGR)
5.7.3 Americas Goat Milk Products Market Size, By Fermented Products, By Value, 2018H-2028F (USD Million & CAGR)
5.7.4 Americas Goat Milk Products Market Size, By Frozen Products, By Value, 2018H-2028F (USD Million & CAGR)
5.8 Americas Goat Milk Products Market Segmentation: By End Use Industry
5.8.1 Americas Goat Milk Products Market, By End Use Industry Overview
5.8.2 Americas Goat Milk Products Market Size, By Commercial, By Value, 2018H-2028F (USD Million & CAGR)
5.8.3 Americas Goat Milk Products Market Size, By Individual, By Value, 2018H-2028F (USD Million & CAGR)
5.9 Americas Goat Milk Products Market Segmentation: By Country
5.9.1 United States Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
5.9.1.1 United States Goat Milk Products Market, By Product Type
5.9.1.2 United States Goat Milk Products Market, By Product Form
5.9.1.3 United States Goat Milk Products Market, By End Use Industry
5.9.2 Canada Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
5.8.2.1 Canada Goat Milk Products Market, By Product Type
5.9.2.2 Canada Goat Milk Products Market, By Product Form
5.9.2.3 Canada Goat Milk Products Market, By End Use Industry
5.9.3 Brazil Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
5.9.3.1 Brazil Goat Milk Products Market, By Product Type
5.9.3.2 Brazil Goat Milk Products Market, By Product Form
5.9.3.3 Brazil Goat Milk Products Market, By End Use Industry
5.9.4 Rest of Americas Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
5.9.4.1 Rest of Americas Goat Milk Products Market, By Product Type
5.9.4.2 Rest of Americas Goat Milk Products Market, By Product Form
5.9.4.3 Rest of Americas Goat Milk Products Market, By End Use Industry
6. Europe Goat Milk Products Market: Historic and Forecast (2018-2028)
6.1 Europe Goat Milk Products Market: Snapshot
6.2 Europe Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
6.3 Europe Goat Milk Products Market: Market Size and CAGR, 2018-2028 (000' Tonnes)
6.4 Average Selling Price Assessment of Goat Milk Products
6.5 Europe Goat Milk Products Market: Key Factors
6.6 Europe Goat Milk Products Market Segmentation: By Product Type
6.6.1 Europe Goat Milk Products Market, By Product Type Overview
6.6.2 Europe Goat Milk Products Market Size, By Cheese, By Value, 2018H-2028F (USD Million & CAGR)
6.6.3 Europe Goat Milk Products Market Size, By Butter, By Value, 2018H-2028F (USD Million & CAGR)
6.6.4 Europe Goat Milk Products Market Size, By Yoghurt, By Value, 2018H-2028F (USD Million & CAGR)
6.7 Europe Goat Milk Products Market Segmentation: By Product Form
6.7.1 Europe Goat Milk Products Market, By Product Form Overview
6.7.2 Europe Goat Milk Products Market Size, By Fluid Products, By Value, 2018H-2028F (USD Million & CAGR)
6.7.3 Europe Goat Milk Products Market Size, By Fermented Products, By Value, 2018H-2028F (USD Million & CAGR)
6.7.2 Europe Goat Milk Products Market Size, By Frozen Products, By Value, 2018H-2028F (USD Million & CAGR)
6.8 Europe Goat Milk Products Market Segmentation: By End Use Industry
6.8.1 Europe Goat Milk Products Market, By End Use Industry Overview
6.8.2 Europe Goat Milk Products Market Size, By Commercial, By Value, 2018H-2028F (USD Million & CAGR)
6.8.3 Europe Goat Milk Products Market Size, By Individual, By Value, 2018H-2028F (USD Million & CAGR)
6.9 Europe Goat Milk Products Market Segmentation: By Country
6.9.1 United Kingdom Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
6.9.1.1 United Kingdom Goat Milk Products Market, By Product Type
6.9.1.2 United Kingdom Goat Milk Products Market, By Product Form
6.9.1.3 United Kingdom Goat Milk Products Market, By End Use Industry
6.9.2 Germany Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
6.9.2.1 Germany Goat Milk Products Market, By Product Type
6.9.2.3 Germany Goat Milk Products Market, By Product Form
6.9.2.4 Germany Goat Milk Products Market, By End Use Industry
6.9.3 France Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
6.7.3.1 France Goat Milk Products Market, By Product Type
6.7.3.2 France Goat Milk Products Market, By Product Form
6.7.3.3 France Goat Milk Products Market, By End Use Industry
6.9.4 Rest of Europe Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
6.9.4.1 Rest of Europe Goat Milk Products Market, By Product Type
6.9.4.2 Rest of Europe Goat Milk Products Market, By Product Form
6.9.4.3 Rest of Europe Goat Milk Products Market, By End Use Industry
7. Asia Pacific Goat Milk Products Market: Historic and Forecast (2018-2028)
7.1 Asia Pacific Goat Milk Products Market: Snapshot
7.2 Asia Pacific Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
7.3 Asia Pacific Goat Milk Products Market: Market Size and CAGR, 2018-2028 (000' Tonnes)
7.4 Average Selling Price Assessment of Goat Milk Products
7.5 Asia Pacific Goat Milk Products Market: Key Factors
7.6 Asia Pacific Goat Milk Products Market Segmentation: By Product Type
7.6.1 Asia Pacific Goat Milk Products Market, By Product Type Overview
7.6.2 Asia Pacific Goat Milk Products Market Size, By Cheese, By Value, 2018H-2028F (USD Million & CAGR)
7.6.3 Asia Pacific Goat Milk Products Market Size, By Butter, By Value, 2018H-2028F (USD Million & CAGR)
7.6.4 Asia Pacific Goat Milk Products Market Size, By Yoghurt, By Value, 2018H-2028F (USD Million & CAGR)
7.6.5 Asia Pacific Goat Milk Products Market Size, By Other Products, By Value, 2018H-2028F (USD Million & CAGR)
7.7 Asia Pacific Goat Milk Products Market Segmentation: By Product Form
7.7.1 Asia Pacific Goat Milk Products Market, By Product Form Overview
7.7.2 Asia Pacific Goat Milk Products Market Size, By Fluid Products, By Value, 2018H-2028F (USD Million & CAGR)
7.7.3 Asia Pacific Goat Milk Products Market Size, By Fermented Products, By Value, 2018H-2028F (USD Million & CAGR)
7.7.4 Asia Pacific Goat Milk Products Market Size, By Frozen Products, By Value, 2018H-2028F (USD Million & CAGR)
7.8 Asia Pacific Goat Milk Products Market Segmentation: By End Use Industry
7.8.1 Asia Pacific Goat Milk Products Market, By End Use Industry Overview
7.8.2 Asia Pacific Goat Milk Products Market Size, By Commercial, By Value, 2018H-2028F (USD Million & CAGR)
7.8.3 Asia Pacific Goat Milk Products Market Size, By Individual, By Value, 2018H-2028F (USD Million & CAGR)
7.9 Asia Pacific Goat Milk Products Market Segmentation: By Country
7.9.1 China Goat Milk Products Market Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
7.9.1.1 China Goat Milk Products Market Market, By Product Type
7.9.1.2 China Goat Milk Products Market, By Product Form
7.9.1.3 China Goat Milk Products Market, By End Use Industry
7.9.2 India Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
7.9.2.1 India Goat Milk Products Market, By Product Type
7.9.2.2 India Goat Milk Products Market, By Product Form
7.9.2.3 India Goat Milk Products Market, By End Use Industry
7.9.3 Japan Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
7.9.3.1 Japan Goat Milk Products Market, By Product Type
7.9.3.2 Japan Goat Milk Products Market, By Product Form
7.9.3.3 Japan Goat Milk Products Market, By End Use Industry
7.9.4 South Korea Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
7.9.4.1 South Korea Goat Milk Products Market, By Product Type
7.9.4.2 South Korea Goat Milk Products Market, By Product Form
7.9.4.3 South Korea Goat Milk Products Market, By End Use Industry
7.9.5 Rest of APAC Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
7.9.5.1 Rest of APAC Goat Milk Products Market, By Product Type
7.9.5.2 Rest of APAC Goat Milk Products Market, By Product Form
7.9.5.3 Rest of APAC Goat Milk Products Market, By End Use Industry
8. Middle East & Africa Goat Milk Products Market: Historic and Forecast (2018-2028)
8.1 Middle East & Africa Goat Milk Products Market: Snapshot
8.2 Middle East & Africa Goat Milk Products Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
8.3 Middle East & Africa Goat Milk Products Market: Market Size and CAGR, 2018-2028 (000' Tonnes)
8.4 Average Selling Price Assessment of Goat Milk Products
8.5 Middle East & Africa Goat Milk Products Market: Key Factors
8.6 Middle East & Africa Goat Milk Products Market Segmentation: By Product Type
8.6.1 Middle East & Africa Goat Milk Products Market, By Product Type Overview
8.6.2 Middle East & Africa Goat Milk Products Market Size, By Cheese, By Value, 2018H-2028F (USD Million & CAGR)
8.6.3 Middle East & Africa Goat Milk Products Market Size, By Butter, By Value, 2018H-2028F (USD Million & CAGR)
8.6.5 Middle East & Africa Goat Milk Products Market Size, By Yoghurt, By Value, 2018H-2028F (USD Million & CAGR)
8.6.6 Middle East & Africa Goat Milk Products Market Size, By Other Products, By Value, 2018H-2028F (USD Million & CAGR)
8.7 Middle East & Africa Goat Milk Products Market Segmentation: By Product Form
8.7.1 Middle East & Africa Goat Milk Products Market, By Product Form Overview
8.7.2 Middle East & Africa Goat Milk Products Market Size, By Fluid Products, By Value, 2018H-2028F (USD Million & CAGR)
8.7.3 Middle East & Africa Goat Milk Products Market Size, By Fermented Products, By Value, 2018H-2028F (USD Million & CAGR)
8.7.4 Middle East & Africa Goat Milk Products Market Size, By Frozen Products, By Value, 2018H-2028F (USD Million & CAGR)
8.8 Middle East & Africa Goat Milk Products Market Segmentation: By End Use Industry
8.8.1 Middle East & Africa Goat Milk Products Market, By End Use Industry Overview
8.8.2 Middle East & Africa Goat Milk Products Market Size, By Commercial, By Value, 2018H-2028F (USD Million & CAGR)
8.8.3 Middle East & Africa Goat Milk Products Market Size, By Individual, By Value, 2018H-2028F (USD Million & CAGR)
9. Market Dynamics
9.1 Impact Assessment of Market Dynamics on the Global Goat Milk Products Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Macro-Economic Factor Assessment
10.2 Value Chain Analysis
10.3 Porter Analysis
11. Competitive Positioning
11.1 Companies' Product Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Goat Milk Products Market
11.4 Company Profiles
11.4.1 Ausnutria Dairy Corp. Ltd.
11.4.2 Goat Partners International Inc.
11.4.3 Emmi AG
11.4.4 Holle Baby Food AG
11.4.5 St. Helen's Farm
11.4.6 Hewitt's Dairy
11.4.7 Woolwich Dairy Inc.
11.4.8 Granarolo S.P.A.
11.4.9 Meyenberg Goat Milk
11.4.10 Redwood Hill Farm & Creamery