Goat Milk Market, By Type (Goat Milk and No Fat Goat Milk), By Application (Food and Cosmetics), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

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.

Compared to cow milk proteins, goat milk proteins contain higher levels of certain amino acids such as tryptophan and cysteine, while maintaining similar nutritional properties. Also, goat milk is much higher in protein compared to non-dairy options like oat milk or almond milk. It helps lower blood pressure levels, enhance metabolism, maintain good heart health, improve neural functioning, and increase the growth of beneficial gut bacteria. Furthermore, regular goat milk consumption helps improve blood platelet count during viral diseases, such as dengue. It also helps treat anemia, asthma, eczema, magnesium deficiency, digestive ailments, and skin disorders.

Goat milk products in the market include pasteurized milk, yogurt, cheese, milk powder, infant formula, etc. The global goat population continues to increase, now over one billion. The number of goats elevated mainly for milk production is also increasing, owing to expanding demand. The growing health and wellness trends and increasing lactose intolerant population will likely boost the demand for goat milk. They also have superior functional properties, including better emulsifying and foaming properties, making them an attractive option for developing new food products. Furthermore, their antimicrobial properties can help prevent the growth of harmful bacteria and reduce the risk of infection.

Therefore, growing consumer awareness of the health benefits of goat milk, the prevalence of government subsidies for goat farming, and the rising demand for goat milk products are some of the other vital factors that will propel the goat milk market growth during the forecast period.

Goat Milk Market Key Drivers:

Health benefits associated with goat milk

• Growing consumer health concerns about the increasing prevalence of lifestyle illnesses like obesity, diabetes, hypertension, and cardiovascular ailments drive the demand for goat milk. According to research, drinking goat milk instead of cow's milk causes cholesterol to be excreted more often rather than remaining in the blood. This suggests that, in comparison to consuming cow's milk, goat milk may help lower cholesterol.
• High blood pressure also increases the risk of heart disease, and goat milk may help decrease blood pressure. Goat milk casein has the potential to produce peptides that function similarly to angiotensin I-converting enzyme (ACE) inhibitors, which are drugs that help dilate blood vessels and reduce blood pressure.
• In addition, goat milk has an omega 6 to omega 3 fatty acid ratio close to the suggested ratio for avoiding heart disease. Antioxidants found in goat milk can help save your heart by preventing free radicals from oxidatively damaging cells.

Promotes better digestibility

• Another factor driving the market is the growing trend of people who are lactose intolerant turning to goat milk because of its reduced lactose content. Since goat milk contains lactose, it is not recommended for those who are intolerant to it. It has more short- and medium-chain fatty acids than cow's milk. Compared to long-chain fatty acids, these fatty acids are easier and faster to absorb.
• Goat milk is more easily digested than cow's milk because it has fewer fat globules. Owing to these characteristics, goat milk may aid in improving lipids absorption and preventing malnutrition in patients suffering from gallstones, cystic fibrosis, steatorrhea, or intestinal resection. Another factor driving this trend is the introduction of value-added goods such flavored milk variations with reduced sugar and fat content.

Goat Milk Market Restrains:

Increasing vegan food consumption

• A vegan diet is an important aspect of a vegan lifestyle. It firmly supports animal rights and environmental conservation. Many customers these days have adopted a vegan diet, avoiding goods with animal origins and choosing plant-based alternatives to traditional protein sources like meat and dairy.
• Furthermore, they believe that vegan diets are healthier than diets high in meat. People are also switching to vegan diets because they are more nutritious. Food service establishments are now adding vegan items to their menus to draw in vegan customers. Because of this, the market is expected to be hindered throughout the forecast period by factors such as the growing number of vegans and the availability of plant-derived substitutes.

Goat Milk Market Opportunities:

Growing awareness about health benefits

• Demand for goat milk products is predicted to rise as more people become aware of the many health advantages of goat milk, especially among health-conscious customers. As a result, the market's participants are eager to introduce a range of new items. The market is anticipated to develop due to customer preferences for a wider range of tastes in flavor-infused milk and the increasing number of products available.
• In addition, a number of significant factors will contribute to the growth of the goat milk market, including rising consumer awareness of the health benefits of goat milk, the prevalence of government subsidies for goat farming, rising demand for goat milk products, rising investment in the development of cutting-edge solutions, and aggressive marketing strategies.

Goat Milk Market is segmented based on Type, Application and region:

Type Insights:

• Goat Milk:

Goat milk in this segment is standard goat milk obtained from domestic goats. This milk has a rich flavor and creamy texture due to its high-fat content. It has various nutritional benefits, making it a popular choice among the population.

• No Fat Goat Milk:

No-fat goat Milk, also known as skimmed milk, is devoid of fat molecules. It contains fewer calories and a lower fat concentration than standard goat milk. This type of milk is suitable for people suffering from high cholesterol, heart ailments, and obesity.

Among the segments mentioned above that dominated the market is the Goat milk segment for its added health benefits, creamy texture and rich flavor. Its versatile nature and diverse use make it a better choice for consumers.  

Application Insights:

• Food:

Goat milk is commonly used in the food industry to manufacture a variety of milk products like goat milk cheese, cottage cheese, yogurt, baked foods, etc. It is also used to make milk beverages like milkshakes and smoothies and a variety of desserts.

• Cosmetics:

Goat milk offers several advantages for the skin, including smoothing and improving it. The Egyptian Empress Cleopatra used goat milk to cleanse her body and achieve these benefits. Goat milk stimulates the skin's metabolism and increases blood circulation. It has an anti-inflammatory impact and maintains skin health due to the presence of Vitamin E, an essential nutrient for skin. Consequently, goat milk is a crucial component of body lotions and moisturizers.

Among the segments mentioned above, the food segment dominates the market due to its diverse applications in the food industry, such as making cheese, yogurt, ice cream, etc.

Regional Insights:

Goat Milk Market Regional Insights

• The North American market is estimated to witness a significantly large revenue share over the forecast period due to the consumer demand for products with a decreasing lactose content is expected to drive the product demand.
• The Asia Pacific market is estimated to witness the fastest revenue share because oat milk is increasingly being used as a therapeutic health food nutraceutical. The fast-food industry's growing demand for cheese has contributed to higher profitability, which is expected to further boost the goat milk market growth in the region.
• Europe's market finds lucrative market opportunities owing to the increasing number of lactose intolerant people, the development of innovative goat milk alternatives, and growing awareness of its health benefits.
• Latin America market is increasing gradually due to the growing demand for dairy alternatives and rising awareness of the health benefits of goat’s milk.  
• The Middle East & African market is an emerging market due to awareness of the nutritional values offered by goat milk, innovations in goat milk-based products, and popularity amongst the lactose intolerant population.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Goat Milk Market report based on Type, Application and region:

Goat Milk Market, By Type:

• Goat Milk
• No Fat Goat Milk

 Goat Milk Market, By Application:

• Food
• Cosmetics

 Goat Milk Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Goat Milk Market include Delamere Dairy, Emmi Group, Gay Lea Foods Co-Operative Ltd, Granarolo S.p.A, Groupe Lactalis, Hay Dairies Pte Ltd, The Kavli Foundation, SUMMERHILL GOAT DAIRY, Good Goat Milk Co., and Yayi International, Inc.

• In March 2023, Emmi, a Swiss dairy company, constructed a cutting-edge goat's milk powder manufacturing facility in Etten-Leur in the Netherlands. The revolutionary spray-drying plant addresses the increasing demand for premium, nutrient-rich goat's milk powder, especially for use in baby food, and is a model of energy efficiency. By investing CHF 40 million in this lucrative development area, Emmi is also opening up business opportunities for local goat milk suppliers.

• Delamere Dairy*
• Emmi Group
• Gay Lea Foods Co-Operative Ltd
• Granarolo S.p.A
• Groupe Lactalis
• Hay Dairies Pte Ltd
• The Kavli Foundation
• SUMMERHILL GOAT DAIRY
• Good Goat Milk Co.
• Yayi International, Inc.