Market Overview:
Goat milk powder is naturally rich in nutrients including vitamins, minerals, proteins and fatty acids and also contain a high concentration of nucleotides that help support the immune system and cell growth. The growth in the preference for healthier and more sustainable dairy products that have higher nutritional content will provide a lucrative opportunity for top vendors operating across the world.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | FIT (France), Ausnutria Dairy Ingredients B.V (CBM) (The Netherlands), Australian Nature Dairy (Australia), AVH Dairy B.V (Netherlands), Shaanxi Redstar Meiling Dairy Co. Ltd. (China), Dairy Goat Co-operation (New Zealand), Delamere Dairy (United Kingdom) and Goat Partners International (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Goat Milk Powder Market Study:
FIT (France), Ausnutria Dairy Ingredients B.V (CBM) (The Netherlands), Australian Nature Dairy (Australia), AVH Dairy B.V (Netherlands), Shaanxi Redstar Meiling Dairy Co. Ltd. (China), Dairy Goat Co-operation (New Zealand), Delamere Dairy (United Kingdom) and Goat Partners International (United States)
Goat Milk Powder Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Cheese, Dietary Supplements, Yogurt, Chocolate and Others |
Type | Skimmed Milk Powder and Full Cream Milk Powder |
Sales Channel | Hypermarkets & Supermarkets,Convivence Stores,Medical & Pharmacy Stores,Online Stores,Others |
Influencing Trend:
Increasing Use of Goat Milk Powder for the Production of Infant and Follow-on Formulas
Market Growth Drivers:
Advancements in Lifestyle Coupled with Rising Consumer Expenditure Worldwide and Increasing Awareness Among Consumer About the Benefits, High Nutrient Contents and Easier Digestibility of the Products
Challenges:
Availability of Cow Milk and Other Powder across the World
Restraints:
High Cost and Limited Production of Goat Milk Powder
Opportunities:
The Growth in the Number of Consumers with Lactose Malabsorption and Cow Milk Allergies and The Growth of Connected Logistics to Prevent the Contamination of these Products
Some of the other players that are also part of study are Granarolo Group (Italy), Groupe Lactalis (France) and Others. The Global Goat Milk Powder market is gaining huge competition due to involvement of Global companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
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 April 2022, Danone acquired 95 percent stake in Chinese infant formula company Eurbest Nutritional Food. Danone has entered into a strategic partnership with Eurbest to invest in and develop its local infant formula factory and products.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Goat Milk Powder market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Goat Milk Powder market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Goat Milk Powder Manufacturers, Milk Suppliers, Goat Milk Powder Distributors/Suppliers, Importers/Exporters, End-User and Other.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.