Product Code: PM2503
The global Goat Milk Products Market size is expected to reach USD 17.61 billion by 2030, according to a new study by Polaris Market Research. The report "Goat Milk Products Market Share, Size, Trends, Industry Analysis Report, By Product Type (Liquid Milk, Powdered Milk); By Distribution Channel, By Region; Segment Forecasts, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Key factors such as a rise in goat milk production, increasing demand for healthy dairy products, increasing incidence of lactose intolerance, changing eating habits, rising use of goat-based infant formulae, and new R&D activities to increase nutritional value are anticipated to drive the revenue growth of the global goat milk products market.
Global goat milk production is rising at a rapid rate. In the last decade, its production increased by almost 16%. Asia Pacific region has witnessed the largest increase in production rate followed by Africa. Hence a rise in goat milk production is anticipated to boost the revenue growth of the target market.
The prevalence of lactose intolerance is increasing at a rapid rate around the globe. It is estimated that more than 60% of the world's population faces the problem of lactose intolerance. This disorder is more common among Asian, African, and American people than it is among Europeans.
As per the article published by the American College of Gastroenterology, more than 80% of adult African Americans face the problem of lactose intolerance. Moreover, more than 60% of Indians are lactose intolerant. Its products contain a lower amount of lactose than conventional cow milk products. Hence, the demand for these products is anticipated to surge in the future.
Goat Milk Products Market Report Highlights
The liquid milk segment is anticipated to grow at a significant CAGR rate over the forecast period owing to increasing demand from consumers as liquid-based products are easy to digest as compared to conventional cow milk. Also, it helps in the absorption of nutrients like copper and iron.
The supermarket and hypermarket segment accounted for a significant share of the global revenue share as the large retail store chains offer a variety of these products in one place. Also, these store chains purchase these products in bulk quantity which provides higher profit margins to the producers.
The powdered milk segment is estimated to grow at a high CAGR. The use of powdered milk in personal care products and infant formula have surged in recent years. For example, Urbaine Consumer Private Limited has started offering face wash with goat milk extracts.
Asia-Pacific is expected to grow at a significant share over the projected period owing to the presence of top milk-producing countries like China, India, and Pakistan. Moreover, the majority of the population has started spending more on healthy dairy products
The global market is highly competitive owing to the existence of large market players with a global presence including AVH Dairy Trade B.V, Ausnutria Dairy Corporation Ltd., Stickney Hill Dairy Inc., and others.
Polaris Market Research has segmented the goat milk products market report based on product type, distribution channel, and region:
Goat Milk Products, Product Type Outlook (Revenue - USD Billion, 2018 - 2030)
Liquid Milk
Powdered Milk
Goat Milk Products, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)
Convenience Store
Supermarket & Hypermarket
Specialty Store
E-commerce Platform
Other Distribution Channels
Goat Milk Products, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Goat Milk Products Market Insights
- 4.1. Goat Milk Products Market - Industry Snapshot
- 4.2. Goat Milk Products Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing lactose intolerant population
- 4.2.1.2. Growing health and wellness trend among consumers globally
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lack of availability as compared to cow and buffalo milk
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Goat Milk Products Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Goat Milk Products Market, by Product Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Goat Milk Products, by Product Type, 2018 - 2030 (USD Billion)
- 5.3. Liquid Milk
- 5.3.1. Global Goat Milk Products Market, by Liquid Milk, by Region, 2018 - 2030 (USD Billion)
- 5.4. Powdered Milk
- 5.4.1. Global Goat Milk Products Market, by Powdered Milk, by Region, 2018 - 2030 (USD Billion)
6. Global Goat Milk Products Market, by Distribution Channel
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 6.3. Convenience Store
- 6.3.1. Global Goat Milk Products Market, by Convenience Store, by Region, 2018 - 2030 (USD Billion)
- 6.4. Supermarket & Hypermarket
- 6.4.1. Global Goat Milk Products Market, by Supermarket & Hypermarket, by Region, 2018 - 2030 (USD Billion)
- 6.5. Specialty Store
- 6.5.1. Global Goat Milk Products Market, by Specialty Store, by Region, 2018 - 2030 (USD Billion)
- 6.6. E-commerce Platform
- 6.6.1. Global Goat Milk Products Market, by E-commerce Platform, by Region, 2018 - 2030 (USD Billion)
- 6.7. Others
- 6.7.1. Global Other Goat Milk Products Market, by Region, 2018 - 2030 (USD Billion)
7. Global Goat Milk Products Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Goat Milk Products Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 7.3. Goat Milk Products Market - North America
- 7.3.1. North America: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.3.2. North America: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.3.3. Goat Milk Products Market - U.S.
- 7.3.3.1. U.S.: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.3.3.2. U.S.: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.3.4. Goat Milk Products Market - Canada
- 7.3.4.1. Canada: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.3.4.2. Canada: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4. Goat Milk Products Market - Europe
- 7.4.1. Europe: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.2. Europe: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4.3. Goat Milk Products Market - UK
- 7.4.3.1. UK: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.3.2. UK: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4.4. Goat Milk Products Market - France
- 7.4.4.1. France: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.4.2. France: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4.5. Goat Milk Products Market - Germany
- 7.4.5.1. Germany: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.5.2. Germany: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4.6. Goat Milk Products Market - Italy
- 7.4.6.1. Italy: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.6.2. Italy: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4.7. Goat Milk Products Market - Spain
- 7.4.7.1. Spain: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.7.2. Spain: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4.8. Goat Milk Products Market - Netherlands
- 7.4.8.1. Netherlands: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.8.2. Netherlands: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.4.9. Goat Milk Products Market - Russia
- 7.4.9.1. Russia: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.4.9.2. Russia: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.5. Goat Milk Products Market - Asia Pacific
- 7.5.1. Asia Pacific: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.5.2. Asia Pacific: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.5.3. Goat Milk Products Market - China
- 7.5.3.1. China: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.5.3.2. China: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.5.4. Goat Milk Products Market - India
- 7.5.4.1. India: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.5.4.2. India: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.5.5. Goat Milk Products Market - Malaysia
- 7.5.5.1. Malaysia: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.5.5.2. Malaysia: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.5.6. Goat Milk Products Market - Japan
- 7.5.6.1. Japan: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.5.6.2. Japan: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.5.7. Goat Milk Products Market - Indonesia
- 7.5.7.1. Indonesia: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.5.7.2. Indonesia: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.5.8. Goat Milk Products Market - South Korea
- 7.5.8.1. South Korea: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.5.8.2. South Korea: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.6. Goat Milk Products Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.6.2. Middle East & Africa: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.6.3. Goat Milk Products Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.6.3.2. Saudi Arabia: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.6.4. Goat Milk Products Market - UAE
- 7.6.4.1. UAE: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.6.4.2. UAE: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.6.5. Goat Milk Products Market - Israel
- 7.6.5.1. Israel: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.6.5.2. Israel: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.6.6. Goat Milk Products Market - South Africa
- 7.6.6.1. South Africa: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.6.6.2. South Africa: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.7. Goat Milk Products Market - Latin America
- 7.7.1. Latin America: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.7.2. Latin America: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.7.3. Goat Milk Products Market - Mexico
- 7.7.3.1. Mexico: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.7.3.2. Mexico: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.7.4. Goat Milk Products Market - Brazil
- 7.7.4.1. Brazil: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.7.4.2. Brazil: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
- 7.7.5. Goat Milk Products Market - Argentina
- 7.7.5.1. Argentina: Goat Milk Products Market, by Distribution Channel, 2018 - 2030 (USD Billion)
- 7.7.5.2. Argentina: Goat Milk Products Market, by Product Type, 2018 - 2030 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. AVH Dairy Trade B.V
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Ausnutria Dairy Corporation
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Stickney Hill Dairy
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Holle baby food AG
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Meyenberg
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Redwood Hill Farm
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Goat Partners
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. St Helen's Farm
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Woolwich Dairy
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Xi'an Baiyue Goat Dairy
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development