About Sheep Milk Powder
Sheep milk powder is made from sheep milk, it is obtained after evaporation and spray drying of full cream sheep milk. It has a long tradition in being used as a foodstuff. Sheep milk powder is tasty, healthy and easy to digest. Sheep milk powder is a vital source of high-quality protein, calcium, vitamins A, and vitamin B. Sheep milk contains more protein and fat as compared to goat and cow milk. Sheep milk powder is being used in numerous applications including infant formula, follow on formula, yogurt, cheese, and soap, among others. The baby food industry is one of the important industry where sheep milk powder is being used extensively.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 14.5% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Sheep Milk Powder 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.
New Zealand Sheep Milk Company (New Zealand), Maui Milk Ltd. (New Zealand), Spring Sheep (New Zealand), Sheep Milk Company Ltd. (United Kingdom), Origin Earth (New Zealand), Haverton Hill Creamery (United States), Velvet Cloud (Ireland), Alimenta (Italy), Roquefort Vernieres (France) and Blue River Dairy Products Limited (New Zealand) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Maxigenes (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Sheep Milk Powder market by Type (Natural and Organic), Application (Supermarkets and Malls, Online Shopping Sites, Brick & Mortar Retailers and Others) and Region.
On the basis of geography, the market of Sheep Milk Powder 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 Packaging Type, the sub-segment i.e. Bottled Packed will boost the Sheep Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of High Nutritional Value Products
Market Growth Drivers:
The Rising Demand from Food Industry, The Rising Sheep Milk Production across the Globe, A Rising Demand from the Cosmetics Industry and A Rising Disposable Income
Restraints:
Availability of Substitute Products
Opportunities:
Emerging Opportunities from Healthcare Industry and Emerging Demand from Economies
Market Leaders and their expansionary development strategies
In May 2023, Meta's partnerships efforts in India, has decided to step down after a tenure of four and a half years with the company. This recent development marks the fourth significant departure from Meta India within the past year.
In September 2023, Bellwether Farms launches larger-sized sheep milk yogurt. alif-based Bellwether Farms says its Plain sheep milk yogurt in a new, larger 24-ounce container is now available at Whole Foods Market nationwide.
Key Target Audience
Sheep Milk Powder Manufacturers, Sheep Milk Suppliers, Sheep Milk Powder Distributors/Traders, Regulatory Bodies, Government Bodies and Downstream Vendors
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.