goat milk products market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period. Governments across the globe have taken initiative in offering financial incentives and subsidies to many marginal farmers and businesses to enter the commercial goat farming sector, which is considered to be the key driver of the market growth. For instance, since 2019, in association with the National bank of Agriculture and Rural Development (NABARD) and other local banks, the government of India provides many loan and subsidy which varies from 25% to 35% of the total cost of goats or goat project. These government initiatives are anticipated to foster the growth of the goat milk market. However, the growing number of people adopting a vegan lifestyle is expected to hamper the growth of the global goat milk products market.
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The global goat milk products market is segmented based on the product type, and distribution channel. Based on the product type, the market is segmented into cheese, milk, milk powder, cream and butter, ice cream, yogurt, and others. Based on the distribution channels, the market is categorized into online channels and offline channels. Among the product type segment, the cheese sub-segment is expected to cater to a prominent market share over the forecast period owing to the increasing adoption of goat cheese in a variety of meal preparation.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Goat Milk Products Market by Product Type
- Cheese
- Milk
- Milk Powder
- Cream and Butter
- Ice Cream
- Yogurt
- Others (Sweets and Candies)
Global Goat Milk Products Market by Distribution Channel
- Online
- Offline
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Anata India
- Ausnutria BV
- AVH dairy trade B.V.
- Delamere Dairy Ltd
- Goat Partners International, Inc.
- Hay Dairies Pte Ltd
- Healthwest Minerals, Inc.
- Holle baby food AG
- Meyenberg Goat Milk Products
- Quidditas Farms Private Ltd.
- Saputo Cheese USA Inc.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global goat milk products market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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