Market Overview:
The global sheep milk powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy and nutritious food products, increasing awareness about the benefits of sheep milk powder, and growing popularity of functional foods. In addition, the increasing number of health-conscious consumers is also contributing to the growth of this market. On the basis of type, whole milk accounted for a major share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its high nutritional value as compared to other types of milk powders. Skimmed milk is projected to be one of fastest-growing segments during 2018–2030 owing its various health benefits over whole milk powder. On the basis on application, supermarkets and malls are projected hold a dominant position in terms revenue contribution throughoutthe forecast period followed by online retailersand brick & mortar retail stores respectively .
Product Definition:
Sheep milk powder is the dehydrated form of sheep milk that has a long shelf life. It is used as a nutritional supplement, especially for people who are allergic to cow's milk.
Whole Milk:
Sheep milk powder is a by-product obtained during the process of separating cream from milk. It has high nutritional value and can be used as an alternative for whole milk in various food products. The product also has several advantages over other dairy products such as low fat content, better taste, easy digestibility and high concentration of vitamins & minerals among others.
The global sheep milk powder market size was valued at USD 548.1 million in 2016.
Skim Milk:
Skim milk is a form of milk with low fat content. It has less than 3.5% fat by weight and more than 0.25% protein and carbohydrates from the whole milk source, which makes it suitable for making sheep's milk powder (SMP). The product helps to increase the yield of wool, especially in crossbred animals as it reduces the melting temperature of fats in their fleece by lowering its concentration, thus increasing its secretion rate during grooming or washing.
Application Insights:
The supermarkets and malls application segment accounted for the largest share of over 50.0% in 2017. The product is widely used in the cafes, restaurants and hotels as a dairy substitute owing to its nutritional properties including calcium, protein, vitamin B6 & B12 and riboflavin among others. Furthermore, increasing demand for ready-to-eat food products is expected to promote sheep milk powder as an ingredient over the next few years thereby driving market growth.
Online retailers are anticipated to be one of the fastest growing segments with a CAGR of XX% from 2018 to 2030 owing to various benefits associated with online retailing such as convenience.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for a share of more than 30%. The presence of major companies, such as J.M. Smucker Company; Cargill Inc.; and Roquette S.A., coupled with high consumer awareness regarding health benefits associated with milk powder products are some factors driving the market growth in this region.
North America held a substantial share owing to high demand from U.S.
Growth Factors:
- Increasing demand for sheep milk powder from the food and beverage industry as a healthier and more sustainable alternative to cow milk powder.
- Growing popularity of sheep milk among health-conscious consumers due to its high nutrient content and purported health benefits.
- Rising demand for organic products, especially in developed countries, which is expected to benefit the sheep milk powder market growth over the forecast period.
- Proliferation of artisanal cheese producers who are using sheep milk powder as an ingredient in their cheeses, driving up consumption of the product overall.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sheep Milk Powder Market Research Report
By Type
Whole Milk, Skim Milk
By Application
Supermarkets and Malls, Online Retailers, Brick and Mortar Retail Stores, Others
By Companies
DGC, Danone, Ausnutria Dairy, Baiyue Youlishi, YaTai-Precious, Red Star, Guanshan, MilkGoat, Herds, Fineboon, Jinniu, Shengfei, ShengTang, Holle, DANA Dairy, Vitagermine
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Sheep Milk Powder Market Report Segments:
The global Sheep Milk Powder market is segmented on the basis of:
Types
Whole Milk, Skim Milk
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 and Malls, Online Retailers, Brick and Mortar Retail Stores, Others
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
- Danone
- Ausnutria Dairy
- Baiyue Youlishi
- YaTai-Precious
- Red Star
- Guanshan
- MilkGoat
- Herds
- Fineboon
- Jinniu
- Shengfei
- ShengTang
- Holle
- DANA Dairy
- Vitagermine
Highlights of The Sheep Milk Powder 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:
- Whole Milk
- Skim Milk
- By Application:
- Supermarkets and Malls
- Online Retailers
- Brick and Mortar Retail Stores
- Others
- 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 Sheep Milk Powder 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?
Sheep milk powder is a type of dietary supplement that is made from the milk of sheep. It is used to provide nutrients, including protein and calcium, to people who are not able to drink cow's milk.
Some of the major companies in the sheep milk powder market are DGC, Danone, Ausnutria Dairy, Baiyue Youlishi, YaTai-Precious, Red Star, Guanshan, MilkGoat, Herds, Fineboon, Jinniu, Shengfei, ShengTang, Holle, DANA Dairy, Vitagermine.
The sheep milk powder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sheep Milk Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sheep Milk Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sheep Milk Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sheep Milk Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sheep Milk Powder Market Size & Forecast, 2018-2028
4.5.1 Sheep Milk Powder Market Size and Y-o-Y Growth
4.5.2 Sheep Milk Powder Market Absolute $ Opportunity
Chapter 5 Global Sheep Milk Powder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sheep Milk Powder Market Size Forecast by Type
5.2.1 Whole Milk
5.2.2 Skim Milk
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sheep Milk Powder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sheep Milk Powder Market Size Forecast by Applications
6.2.1 Supermarkets and Malls
6.2.2 Online Retailers
6.2.3 Brick and Mortar Retail Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sheep Milk Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sheep Milk Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sheep Milk Powder Analysis and Forecast
9.1 Introduction
9.2 North America Sheep Milk Powder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sheep Milk Powder Market Size Forecast by Type
9.6.1 Whole Milk
9.6.2 Skim Milk
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sheep Milk Powder Market Size Forecast by Applications
9.10.1 Supermarkets and Malls
9.10.2 Online Retailers
9.10.3 Brick and Mortar Retail Stores
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sheep Milk Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Sheep Milk Powder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sheep Milk Powder Market Size Forecast by Type
10.6.1 Whole Milk
10.6.2 Skim Milk
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sheep Milk Powder Market Size Forecast by Applications
10.10.1 Supermarkets and Malls
10.10.2 Online Retailers
10.10.3 Brick and Mortar Retail Stores
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sheep Milk Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sheep Milk Powder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sheep Milk Powder Market Size Forecast by Type
11.6.1 Whole Milk
11.6.2 Skim Milk
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sheep Milk Powder Market Size Forecast by Applications
11.10.1 Supermarkets and Malls
11.10.2 Online Retailers
11.10.3 Brick and Mortar Retail Stores
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sheep Milk Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Sheep Milk Powder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sheep Milk Powder Market Size Forecast by Type
12.6.1 Whole Milk
12.6.2 Skim Milk
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sheep Milk Powder Market Size Forecast by Applications
12.10.1 Supermarkets and Malls
12.10.2 Online Retailers
12.10.3 Brick and Mortar Retail Stores
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sheep Milk Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sheep Milk Powder Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sheep Milk Powder Market Size Forecast by Type
13.6.1 Whole Milk
13.6.2 Skim Milk
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sheep Milk Powder Market Size Forecast by Applications
13.10.1 Supermarkets and Malls
13.10.2 Online Retailers
13.10.3 Brick and Mortar Retail Stores
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sheep Milk Powder Market: Competitive Dashboard
14.2 Global Sheep Milk Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DGC
14.3.2 Danone
14.3.3 Ausnutria Dairy
14.3.4 Baiyue Youlishi
14.3.5 YaTai-Precious
14.3.6 Red Star
14.3.7 Guanshan
14.3.8 MilkGoat
14.3.9 Herds
14.3.10 Fineboon
14.3.11 Jinniu
14.3.12 Shengfei
14.3.13 ShengTang
14.3.14 Holle
14.3.15 DANA Dairy
14.3.16 Vitagermine
