Goat Milk Products Market Analysis: Major Players, Lucrative Segments And Top Geographies
5 Jun, 2023
The global goat milk products market size is expected to grow from $11.88 billion in 2022 to $12.61 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global goat milk products market size is expected to reach $15.61 billion in 2027 at a CAGR of 5.5%.
Global Goat Milk Products Market Key Driver
The increasing consumer spending on healthy dairy foods is expected to significantly drive the goat milk products market going forward. Increasing consumer spending on healthy dairy foods refers to the tendency of consumers allocating a bigger amount of their food budget to dairy items deemed to be healthy. Healthy dairy foods are considered good for human health due to their vitamin content and health advantages. For instance, in September 2022, according to data released by the USDA Economic Research Division, a US-based government agency, per capita dairy consumption increased by 12.4 pounds per person compared to the previous year, with the average American consuming 667 pounds of dairy products in 2021.
Get a sample of the global goat milk products market reportGlobal Goat Milk Products Market Segments
The global goat milk products market is segmented:
1) By Product: Milk, Cheese, Milk Powder, Othe Products
2) By Sector: Unorganized, Organized
3) By Distribution Channel: Hypermarkets And Supermarket, Convenience Store, Specialty Stores, Medical And Pharmacy Store, Online
4) By End User: Adult, Teenager, Elderly, Infant
5) By Geography: The regions covered in the goat milk products market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global goat milk products market.
Major Goat Milk Products Industry Players
Ausnutria Dairy Corporation Ltd., Dairy Goat Co-operation (DGC), Goat Partners International Inc., Holle baby food AG, St Helen’s Farm, Woolwich Dairy Inc., Xi'an Baiyue Goat Dairy Group Co. Ltd., Meyenberg, Redwood Hill Farm & Creamer, Saputo Inc., Hay Dairies Pte. Ltd., Good Goat Milk Co., Dairy Goat Co-operation (DGC), Stickney Hill Dairy Inc., Cherry Glen Goat Cheese Co., Hewitt’s Dairy, HiPP International, Courtyard Farms, Summerhill Dairy, Delamere Dairy, Summerhill Goat Dairy, Hogwegt Group, Delamere Dairy Ltd.
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Goat Milk Products Market Overview
Goat milk products refer to various items made from the milk of goats. Goat milk products act as a crucial source of protein, calories, and lipids as an alternative to cow milk products.
Goat Milk Products Global Market Report 2023 provides data on the global goat milk products market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The goat milk products market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.