Overview and Scope
Goat milk products refer to various items made from the milk of goats. Goat
milk products act as a crucial source of protein, calories, and lipids as an
alternative to cow milk products.
Sizing and Forecast
The goat milk products market size has grown strongly in recent years. It will
grow from $12.61 billion in 2023 to $13.35 billion in 2024 at a compound annual
growth rate (CAGR) of 5.9%. The growth in the historic period can be
attributed to cultural significance, local dairy practices, traditional cheese
making, health perceptions, specialized nutrition..
The goat milk products market size is expected to see strong growth in the next
few years. It will grow to $16.6 billion in 2028 at a compound annual growth
rate (CAGR) of 5.6%. The growth in the
forecast period can be attributed to educational campaigns and marketing,
global market expansion, innovation in product development, sustainability and
ethical consumption, premiumization and specialty products.. Major trends in
the forecast period include alternative dairy demand, health and nutritional
benefits, global market penetration, innovation in processing, sustainability
and ethical consumption..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/goat-milk-products-global-market-report
Segmentation & Regional Insights
The goat milk products market covered in this report is segmented –
1) By Product: Milk, Cheese, Milk Powder, Othe Products
2) By Sector: Unorganized, Organized
3) By Distribution Channel: Hypermarkets And Supermarket, Convenience Store,
Specialty Stores, Medical And Pharmacy Store, Online
4) By End User: Adult, Teenager, Elderly, Infant
Asia-Pacific was the largest region in the goat milk products market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the goat milk
products market repot during the forecast period. The regions covered in the
goat milk products market report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the
report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9936&type=smp
Major Driver Impacting Market Growth
The increasing consumer spending on healthy dairy foods is expected to
significantly drive the goat milk products market going forward. Increasing
consumer spending on healthy dairy foods refers to the trend of consumers
allocating a larger portion of their food budget to dairy products perceived as
healthy. Healthy dairy foods are considered good for human health due to their
nutrient content and health benefits. For instance, in September 2022,
according to data released by the USDA Economic Research Division, a US-based
government agency, per capita dairy consumption increased by 12.4 pounds per
person compared to the previous year, with the average American consuming 667
pounds of dairy products in 2021. Therefore, the increasing consumer spending
on healthy dairy foods is driving the growth of the goat milk products market
going forward.
Key Industry Players
Major companies operating in the goat milk product market are developing
innovative products such as protein-rich ingredients to meet larger customer
bases, more sales, and increase revenue. Protein-rich ingredients refer to food
components that contain a high concentration of proteins, which are essential
macronutrients crucial for various physiological functions in the human body.
For instance, in November 2021, Ausnutria Dairy Corporation Ltd., a China-based
manufacturer of dairy products, launched CBM Goat Power. CBM Goat Power stands
out as a unique offering featuring protein-rich ingredients and custom-blended
concepts sourced from Dutch goat milk. Harnessing the inherent benefits of goat
milk proteins, particularly elevated levels of branched-chain amino acids and
leucine, known to bolster muscle protein synthesis, CBM Goat Power is
exceptionally suitable for a wide range of sports and lifestyle nutrition
products. This distinct protein source unlocks innovative opportunities in
various applications, including instant drinks, meal replacements, nutritional
bars, pet food, snacks, baked goods, and desserts, providing versatility and
nutritional advantages across diverse consumer preferences and product
categories, as emphasized by the company.
The goat milk products market report table of contents includes:
1. Executive Summary
2. Goat
Milk Products Market Characteristics
3. Goat
Milk Products Market Trends And Strategies
4. Goat
Milk Products Market - Macro Economic Scenario
5. Global
Goat Milk Products Market Size and Growth
.
31. Global
Goat Milk Products Market Competitive Benchmarking
32. Global
Goat Milk Products Market Competitive Dashboard
33. Key
Mergers And Acquisitions In The Goat Milk Products Market
34. Goat
Milk Products Market Future Outlook and Potential Analysis
35.
Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model:
https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment