Goat Milk Market is estimated to be US$ 22.3 billion by 2034 with a CAGR of 5.50% over the forecast period.

Published Date: May 2024

Goat Milk contains less lactose which is simpler for human digestion than cow milk. Fat globules are smaller in goat milk. High demand and low supply due to limited dairy goats has given rise in high prices of goat milk. Goat milk provides lots of benefits such as, they are good for skin, easier to digest, promotes healthy weight gain, help in increasing platelet count, prevents insulin resistance, help in reducing cholesterol levels, prevents milk allergies in kids, help in reducing cholesterol levels, help in preventing arteriosclerosis, etc. Goat milk has become an excellent source of calcium, potassium, proteins, magnesium, phosphorus, and vitamin A. Goat milk contains more vitamins, minerals and proteins. Goat milk protect against induced liver damage and help in accelerating recovery of tissues. Healthy benefits of goat milk has driven the market growth.

Goat milk contains high level of phospholipids which contribute in brain development. In U.S. goat milk has become more specialty item and approx.65% of population in the world drinks goat milk. Numerous health benefits associated with goat milk has driven the market growth. Demand for goat milk powder is increasing due to transportation efficiency and longer shelf life than liquid milk. However, rising awareness about health and wide variety of benefits of goat milk has given positive impact on target market growth.Goat Milk Market was valued at US$ 13.7 billion in 2024 and is projected to grow at a CAGR of 5.50% to reach US$ 22.3 billion by 2034.

The report “Goat Milk Market By Sector (Organized, Unorganized), By Product (Milk, Milk Powder, Cheese, and Others), By Application (Food and Cosmetics), By Distribution Channel (Specialty Stores, Convenience Stores, Hypermarket & Supermarket, Online Pharmacy, Retail Pharmacy, and Others), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Highlights:

  • In March 2021, Hochdorf has launched ‘Bimbosan’ goat milk for infant. Newly launched Bimbosan goat milk may represent a welcome alternative for babies with sensitive digestion. Newly launched Bimbosan goat milk contains Omega-6 fatty acid, and Omega-3 fatty acid DHA (from fish oil) which is legally required in baby food.
  • In February 2021, Meyenberg has launched goat milk products for kittens and puppies. Newly launched goat milk products are developed specifically for cats and young dogs which includes, 100% of human grade ingredients which are fortified with essential fats, amino acids, vitamins and carbohydrates. Newly launched goat milk products are available in powder & liquid form and promotes healthy development of overall health.

Analyst View:

The key factor driving the growth of the Goat Milk market is increasing demand for Goat Milk due to its high nutritional benefits. Goat milk contains more vitamins, minerals and proteins. Goat milk is loaded with lactic acid and vitamin A which help in soothing dry and sensitive skin. There are millions of dairy cows and buffaloes but dairy goats are limited which has led to significant smaller supply of goat milk in market, low supply and rising demand for goat milk has given rise in goat milk prices. However, goat milk dairy production should be increased to fulfill the rising demand of consumers which may further expected to boosts the market growth over the forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Goat Milk Market By Sector (Organized, Unorganized), By Product (Milk, Milk Powder, Cheese, and Others), By Application (Food and Cosmetics), By Distribution Channel (Specialty Stores, Convenience Stores, Hypermarket & Supermarket, Online Pharmacy, Retail Pharmacy, and Others), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Goat Milk Market accounted for US$ 13.6 Billion in 2024 and is estimated to be US$ 67.6 Billion by 2034 and is anticipated to register a CAGR of 19.20%. The Goat Milk Market is segmented based on Sector, Product, Application, Distribution Channel, and Region.

  • Based on Sector, Goat Milk Market is segmented into Organized, Unorganized.
  • Based on Product, Goat Milk Market is segmented into Milk, Milk Powder, Cheese, and others.
  • Based on Application, Goat Milk Market is segmented into Food and Cosmetics.
  • Based on Distribution Channel, Goat Milk Market is segmented into Specialty Stores, Convenience Stores, Hypermarket & Supermarket, Online Pharmacy, Retail Pharmacy, and others.
  • By Region, the Goat Milk Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Goat Milk Market:

The prominent players operating in the Goat Milk Market includes, Kabrita, Hay Dairies Pte Ltd., Granarola S.p.A., AVH dairy trade B.V., Meyenberg, Emmi Group, Delamere Dairy, Goat Partners International Inc., St Helen’s Farm, Stickney Hill Dairy Inc., and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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