About Goat Milk
Goats' milk is considered as one of the highly nutritious, comprises essential vitamins and minerals along with the huge amounts of potassium, iron, and vitamin A as compared to the cow’s milk and is becoming ideal food. There is some area there is a huge demand for raw goat milk for health-related issues. It is highly used for diabetic people.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global goat milk market is coming in the dairy market which is strongly competitive and consists of some leading players. In terms of market share, some of the leading players are highly dominating the global goat milk market. These market players are investing in market strategic growth initiatives to enhance their market share and improve their profitability. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Goat Milk market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Delamere Dairy (United Kingdom), Emmi AG (Switzerland), Gay Lea Foods (Canada), Granarolo (Italy), Lactalis (France), Hay Dairies (Singapore), St Helen’s Farm Ltd. (United Kingdom), KAVLI (Norway), Summerhill Goat Dairy (United States) and Meyenberg (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hay Dairies Pte Ltd. (Singapore), Holle baby food AG (Switzerland) and Yayi International Inc. (China).
Segmentation Overview
AMA Research has segmented the market of Global Goat Milk market by , Application (Food, Cosmetics and Other) and Region.
On the basis of geography, the market of Goat Milk has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Hypermarkets & Supermarket will boost the Goat Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Carton Packs will boost the Goat Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Milk will boost the Goat Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Awareness About Healthy Diet
Market Growth Drivers:
Growing Demand for Dairy Products and Increasing Supply Chain of Dairy Products
Challenges:
Fluctuation in the Price of Raw Material
Restraints:
Rising Concern Related to the Allergy of Milk Product
Opportunities:
Development in the Food Industry Cross the Globe and Growing Demand from Emerging Economies Such as China and India
Market Leaders and their expansionary development strategies
In August 2023, Kendamil, the family-run infant nutrition company and fastest growing formula brand in the United States introduced its 'naturally gentle' Goat Milk Infant and Toddler Formula range to the U.S., launching in Target stores nationwide and online at Target.com.
In July 2023, Boss Nation Brands Inc., renowned for its dedication to gut health solutions, announced the launch of new flavors for their popular product, Farm Fresh Raw Goat Milk. The new available options include original, Perfectly Pumpkin, Apple and Cranberry Smash, Consistently Carrot, and Simply Spinach. Each flavor is carefully crafted to provide a delectable and nutritious experience for pets.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Goat Milk Products Manufacturers, Suppliers, Raw Material Providers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.