About Goat Milk Derivatives
Goat milk derivatives are products made from goat milk that have been processed which include removing the fat (skimmed milk), drying the milk into powder (milk powder), or separating the curds from the whey (cheese and yogurt). Goat milk derivatives can be used in a variety of food and non-food products. The adoption of the vegan diet and increase in lactose-intolerant people are the growth deterrents affecting the market whereas the properties of goat milk such as rich in fatty acids and calcium, a nutritional value equivalent to human milk, easy to digest by infants and increase in government aids towards dairy industries are some of the factors affecting the growth of the market. There has been a sudden decline in the growth of the market due to the global pandemic, yet the market is seen to grow to its full potential in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape of the goat milk derivatives market is fragmented, with a number of small and medium-sized players. However, there are a few large players that are starting to gain market share. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Goat Milk Derivatives 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.
FrieslandCampina (Netherland), Arla Foods (Denmark), Capra Foods (Spain), Sodiaal (France), Ausnutria Dairy Corporation Ltd. (China), Hochdorf Holding AG (Switzerland), Murray Goulburn (Australia), Capra Lait (France), Vermont Creamery (United States) and Goat Milk Products (Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Galloway Goat Creamery (Scotland), KABRIT (Israel), Granarolo S.p.A. (Italy), Bio3 (Argentina) and China Mengniu Dairy Co., Ltd. (Chine).
Segmentation Overview
AMA Research has segmented the market of Global Goat Milk Derivatives market by , Application (Infants Formula, Skincare Products, Nutritional Supplements, Cosmetics, Pharmaceuticals and Others) and Region.
On the basis of geography, the market of Goat Milk Derivatives 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 Product Type, the sub-segment i.e. Cheese will boost the Goat Milk Derivatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Solid will boost the Goat Milk Derivatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Boxes or Cartons will boost the Goat Milk Derivatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing popularity of goat cheese
Market Growth Drivers:
Rising awareness of lactose intolerance and allergies and Growing demand for natural and organic products
Challenges:
Limited availability of goat milk
Restraints:
Limited Awareness and Consumer Familiarity
Opportunities:
Increasing popularity of specialty cheeses and Developing new and innovative goat milk-based products
Market Leaders and their expansionary development strategies
In January 2023, FrieslandCampina and DSM announce strategic partnership for goat milk protein ingredients. The partnership aims to leverage the expertise of both companies to create innovative new products that meet the growing demand for goat milk derivatives.
In April 2023, Arla Foods launched Instant Goat Milk Protein for Sports Nutrition Applications. A new product specifically designed for sports nutrition applications. The product is highly soluble and has a neutral taste, making it ideal for use in protein shakes, bars, and other supplements.
Key Target Audience
Health-Conscious Consumers, Manufacturing Companies, Market Research & Consultancy Firm, Government & Regulatory Bodies, Potential Investors and Others
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.