Market Overview:
The global goat milk infant formula market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of goat milk infant formula over cow milk infant formula, rising disposable income, and growing demand for organic products. Based on type, the global goat milk infant formula market can be segmented into first class (0-6 months), second class (6-12 months), and third class (1-3 years). Among these segments, first class is expected to account for a major share of the global market due to its high nutritional value and health benefits. Based on application, supermarkets/hypermarkets are expected to account for a major share of the global goat milk infant formula market due to their large customer base. Geographically, North America is projected to lead the global goat milk infant formula market during the forecast period owing to rising consumer awareness about healthy food options and increasing demand for organic products in this region.
Product Definition:
A goat milk infant formula is a type of baby formula that is made from goat milk instead of cow's milk. Goat milk infant formulas are becoming more popular as parents are looking for alternatives to cow's milk-based formulas. There are several reasons why parents might choose a goat milk infant formula over a cow's milk-based one. Some people believe that goat milk is easier for babies to digest than cow's milk, and it may also be less allergenic.
First Class (0-6 months):
First Class is a premium infant formula that has been designed for healthy infants. It contains all the ingredients necessary to support normal growth and development of an infant. The product is manufactured using goat milk, which has been known to be more easily digestible than cow or soy milk. This helps ensure proper nutrient absorption by the body, along with reduced risk of potential allergic reactions as compared to other animal-based and plant-based alternatives available in the market today.
Second Class (6-12 months):
Second-class is a period of time between 6 to 12 months. It's usage in the goat milk infant formula market is for the purpose of introducing solid food to an infant. Second class can be differentiated from first-class by observing if there is any teeth formation in the baby’s mouth, and also by observing if they are able to digest food properly.
Application Insights:
The supermarkets/hypermarkets segment led the global goat milk infant formula market in 2017. This is attributed to factors such as availability of a wide range of products, convenience and ease of shopping, along with extensive product display. The online selling segment is expected to witness significant growth over the forecast period owing to easy access to products through website navigation and payment options on website.
Retail stores are anticipated to be the fastest-growing application segment from 2018 to 2030 due primarilyto increasing penetration in developing countries coupled with rising awareness regarding health benefits associated with goat milk infant formulas among mothers who have just given birth or are breastfeeding their babies. In addition, growing retail chain outlets across developing countries will further boost industry expansion over the coming years.
Regional Analysis:
North America dominated the global goat milk infant formula market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to high awareness about infant nutrition, availability of a wide variety of products, and increasing consumer preference for natural products over synthetic ones.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income levels and changing lifestyles in developing countries such as India and China. Moreover, an increase in birth rate coupled with growing urbanization will boost demand further during this period.
Growth Factors:
- Increasing awareness about the benefits of goat milk infant formula over cow milk infant formula among parents.
- Rising disposable income of parents, which enables them to afford premium-priced goat milk infant formulas.
- Growing number of working mothers, who prefer to feed their infants with goat milk infant formulas as they are easy to digest and do not cause constipation or stomach upset like cow milk based formulas often do.
- increasing trend of organic and natural products, which has led to an increase in the demand for organic goat milk infant formula products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Goat Milk Infant Formula Market Research Report
By Type
First Class (0-6 months), Second Class (6-12 months), Third Class (1-3 years)
By Application
Supermarkets/Hypermarkets, Retail Stores, Online Selling
By Companies
DGC, Ausnutria Dairy, Baiyue Youlishi, YaTai-Precious, Red Star, Guan Shan, MilkGoat, Herds, Fineboon, Jinniu, Shengfei, ShengTang, Holle, FIT, Vitagermine, Xi Yang Yang, Baiyue Diary Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Goat Milk Infant Formula Market Report Segments:
The global Goat Milk Infant Formula market is segmented on the basis of:
Types
First Class (0-6 months), Second Class (6-12 months), Third Class (1-3 years)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets/Hypermarkets, Retail Stores, Online Selling
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DGC
- Ausnutria Dairy
- Baiyue Youlishi
- YaTai-Precious
- Red Star
- Guan Shan
- MilkGoat
- Herds
- Fineboon
- Jinniu
- Shengfei
- ShengTang
- Holle
- FIT
- Vitagermine
- Xi Yang Yang
- Baiyue Diary Group
Highlights of The Goat Milk Infant Formula Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- First Class (0-6 months)
- Second Class (6-12 months)
- Third Class (1-3 years)
- By Application:
- Supermarkets/Hypermarkets
- Retail Stores
- Online Selling
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Goat Milk Infant Formula Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Goat milk infant formula is a type of baby food that is made from cow's milk and goat's milk. It is designed to provide infants with the nutrients they need to grow and develop properly.
Some of the key players operating in the goat milk infant formula market are DGC, Ausnutria Dairy, Baiyue Youlishi, YaTai-Precious, Red Star, Guan Shan, MilkGoat, Herds, Fineboon, Jinniu, Shengfei, ShengTang, Holle, FIT, Vitagermine, Xi Yang Yang, Baiyue Diary Group.
The goat milk infant formula market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Goat Milk Infant Formula Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Goat Milk Infant Formula Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Goat Milk Infant Formula Market - Supply Chain
4.5. Global Goat Milk Infant Formula Market Forecast
4.5.1. Goat Milk Infant Formula Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Goat Milk Infant Formula Market Size (000 Units) and Y-o-Y Growth
4.5.3. Goat Milk Infant Formula Market Absolute $ Opportunity
5. Global Goat Milk Infant Formula Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Goat Milk Infant Formula Market Size and Volume Forecast by Type
5.3.1. First Class (0-6 months)
5.3.2. Second Class (6-12 months)
5.3.3. Third Class (1-3 years)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Goat Milk Infant Formula Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Goat Milk Infant Formula Market Size and Volume Forecast by Application
6.3.1. Supermarkets/Hypermarkets
6.3.2. Retail Stores
6.3.3. Online Selling
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Goat Milk Infant Formula Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Goat Milk Infant Formula Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Goat Milk Infant Formula Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Goat Milk Infant Formula Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Goat Milk Infant Formula Demand Share Forecast, 2019-2026
9. North America Goat Milk Infant Formula Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Goat Milk Infant Formula Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Goat Milk Infant Formula Market Size and Volume Forecast by Application
9.4.1. Supermarkets/Hypermarkets
9.4.2. Retail Stores
9.4.3. Online Selling
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Goat Milk Infant Formula Market Size and Volume Forecast by Type
9.7.1. First Class (0-6 months)
9.7.2. Second Class (6-12 months)
9.7.3. Third Class (1-3 years)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Goat Milk Infant Formula Demand Share Forecast, 2019-2026
10. Latin America Goat Milk Infant Formula Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Goat Milk Infant Formula Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Goat Milk Infant Formula Market Size and Volume Forecast by Application
10.4.1. Supermarkets/Hypermarkets
10.4.2. Retail Stores
10.4.3. Online Selling
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Goat Milk Infant Formula Market Size and Volume Forecast by Type
10.7.1. First Class (0-6 months)
10.7.2. Second Class (6-12 months)
10.7.3. Third Class (1-3 years)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Goat Milk Infant Formula Demand Share Forecast, 2019-2026
11. Europe Goat Milk Infant Formula Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Goat Milk Infant Formula Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Goat Milk Infant Formula Market Size and Volume Forecast by Application
11.4.1. Supermarkets/Hypermarkets
11.4.2. Retail Stores
11.4.3. Online Selling
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Goat Milk Infant Formula Market Size and Volume Forecast by Type
11.7.1. First Class (0-6 months)
11.7.2. Second Class (6-12 months)
11.7.3. Thrd Class (1-3 years)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Goat Milk Infant Formula Demand Share, 2019-2026
12. Asia Pacific Goat Milk Infant Formula Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Goat Milk Infant Formula Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Goat Milk Infant Formula Market Size and Volume Forecast by Application
12.4.1. Supermarkets/Hypermarkets
12.4.2. Retail Stores
12.4.3. Online Selling
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Goat Milk Infant Formula Market Size and Volume Forecast by Type
12.7.1. First Class (0-6 months)
12.7.2. Second Class (6-12 months)
12.7.3. Third Class (1-3 years)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Goat Milk Infant Formula Demand Share, 2019-2026
13. Middle East & Africa Goat Milk Infant Formula Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Goat Milk Infant Formula Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Goat Milk Infant Formula Market Size and Volume Forecast by Application
13.4.1. Supermarkets/Hypermarkets
13.4.2. Retail Stores
13.4.3. Online Selling
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Goat Milk Infant Formula Market Size and Volume Forecast by Type
13.7.1. First Class (0-6 months)
13.7.2. Second Class (6-12 months)
13.7.3. Third Class (1-3 years)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Goat Milk Infant Formula Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Goat Milk Infant Formula Market: Market Share Analysis
14.2. Goat Milk Infant Formula Distributors and Customers
14.3. Goat Milk Infant Formula Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DGC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ausnutria Dairy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Baiyue Youlishi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. YaTai-Precious
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Red Star
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guan Shan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MilkGoat
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Herds
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fineboon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jinniu
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shengfei
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ShengTang
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Holle
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. FIT
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vitagermine
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Xi Yang Yang
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Baiyue Diary Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
