Global Goat Milk Market Projected to Reach USD 12 Billion by 2026

20-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Goat Milk Market By Product (Cheese, Milk, Milk Powder, and Others), By Distribution Channel (Online, Convenience Stores, Hypermarkets & Supermarkets, Specialty Stores, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global goat milk market in 2019 was around USD 10 Billion. The market is expected to grow at a CAGR close to 3% and is anticipated to surpass USD 12 Billion by 2026.

Goat milk is a rich source of proteins, vitamins, and minerals. Compared to cow milk, the concentration of iron, potassium, vitamin, and some other minerals is relatively higher in goat milk. Moreover, the protein composition found in goat milk is almost similar to human breast milk. As per the nutritionists and dieticians, the amount of lactose in goat milk is significantly less than in cow milk. Hence, the former one is easy to digest and favorable milk substitutes for lactose-intolerant consumers.

Browse the full “Goat Milk Market By Product (Cheese, Milk, Milk Powder, and Others), By Distribution Channel (Online, Convenience Stores, Hypermarkets & Supermarkets, Specialty Stores, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-goat-milk-market-by-product-cheese-milk-863

Besides this, goat milk has a wide range of health benefits such as its consumption helps to boost the platelet count and enhances the colostrum levels in the body. The goat milk also helps in calming the gut inflammation owing to the anti-inflammatory properties of proteins & enzymes present in it. Goat milk is extensively used in the personal care industry, as it is the key ingredient in several cosmetic items. Owing to the neutral pH and presence of natural lactic acid, goat milk is preferred for manufacturing a wide range of skincare products.

The specialty stores segment of distribution channel accounted for the major revenue share generated by the global goat milk market

A specialty store is a type of retail store involved in retailing particular product categories. The “specialty stores” is the leading distribution channel segment in the global goat milk market in terms of revenue generation. At present, the majority of people prefer purchasing grocery and dairy products from specialty stores, thereby considerably pushing the specialty stores segment of the global market.

North America held the leading position among the overall regional goat milk markets worldwide

In 2019, North America generated maximum revenue in the global goat milk market. The key factors significantly driving the regional goat milk market are the rising health concerns, multiple health benefits of goat milk, and the extensive use of the dairy product in the pharmaceutical sector.

Report Scope

Some of the key players driving the global goat milk market areStickney Hill Dairy Inc., Emmi Group, Goat Partners International Inc., Delamere Dairy, Ausnutria Dairy Corporation Ltd., Hay Dairies, Gay Lea Foods Co-operative Ltd., Summer Hill Goat Dairy, Granarolo Group, and Kavli, among others.

This report segments the global goat milk market as follows:

Global Goat Milk Market: Product Segmentation Analysis

• Cheese
• Milk
• Milk Powder
• Others

Global Goat Milk Market: Distribution Channel Segmentation Analysis

• Online
• Convenience Stores
• Hypermarkets and Supermarkets
• Specialty Stores
• Others

Global Goat Milk Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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