Goat Milk Market Size To Hit US$ 12.4 Billion By 2028 | IMARC Group

PRESS RELEASE
Published April 21, 2023

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. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.


Goat milk is a type of milk that is obtained from goats and is widely consumed as a nutritious alternative to cow's milk. Goat milk is rich in essential nutrients like calcium, protein, and vitamins, such as vitamin A and vitamin D. It is also a good source of minerals like potassium, phosphorus, and magnesium. The fat globules in goat milk are smaller and more easily digested than those in cow's milk, thus making it a suitable option for those with lactose intolerance. Goat milk can be consumed as a beverage or used in the production of cheese, yogurt, and other dairy products.

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Goat Milk Market Trends:

The rising demand for dairy alternatives represents one of the significant factors driving the market growth across the globe. In addition to this, the increasing awareness about the several health benefits of goat milk, such as being easier to digest, lower in lactose, and higher in calcium and other essential nutrients, are contributing to the growth of the market. The market is also being driven by the rising demand for natural and organic products, including dairy products. Apart from this, the rising demand for goat milk for manufacturing soaps, creams, and lotions are some of the other factors 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.

About Us

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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