Market Overview:
The global goat 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 awareness about the benefits of goat milk, increasing demand for dairy products and milk food, and growing population. In terms of type, whole milk accounted for the majority share of the global goat milk powder market in 2017. However, skimmed milk is projected to grow at a higher CAGR during the forecast period owing to its health benefits over whole milk.
Product Definition:
Goat milk powder is made from the milk of goats. It is a high-quality protein source that is often used in infant formula and other food products. Goat milk powder has several benefits, including being high in calcium and vitamin A. It also contains less lactose than cow's milk, making it easier to digest for some people.
Whole Milk:
Whole milk is the dairy product obtained from fresh goats or cows milk. It has a higher content of vitamins, proteins and other nutritional components as compared to its counterparts. The whole milk powder market is driven by factors such as rising demand for functional beverages, increasing health awareness among consumers and changing lifestyle of people which has led to an increase in demand for powdered drinks with added health benefits.
Skim Milk:
Skim milk is a product obtained from the removal of cream and butterfat from whole milk. It has low-calorie content as compared to whole milk. The fat content in skimmed milk varies between 4-6% depending upon the level of processing done to obtain it. Skimmed Milk can be used as an alternative for lactose intolerant people, those who are allergic to dairy products or those who just prefer consuming low calorie food items.
Application Insights:
Dairy products led the global goat milk powder market and accounted for more than 60.0% share of the total revenue in 2017. The product is widely used in dairy products such as cheese, yogurt, ice cream and buttermilk among others owing to its nutritional properties including calcium, protein and vitamin B6 among others. Moreover, increasing demand for low-fat dairy products along with a growing population will fuel segment growth over the forecast period.
Milk food is anticipated to witness significant growth over the forecast period on account of rising consumer awareness regarding health benefits associated with it coupled with an increase in consumption due to its high nutritional content which includes proteins and fats among other compounds responsible for providing essential nutrients required by human body including amino acids lysine & methionine vitamins B6 & riboflavin (vitamin B2).
Regional Analysis:
North America dominated the global goat milk powder market in 2017. The growth is attributed to increasing consumption of dairy products and functional foods among the consumers of this region. Moreover, rising concerns regarding obesity are expected to fuel demand for low-fat dairy products, which will further propel industry expansion over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to an increase in per capita income and changing lifestyles that lead toward a rise in consumer disposable incomes. This has led many people from developing countries including India, China, Bangladesh and Sri Lanka migrate toward urban cities for higher education or job opportunities resulting into a shift in dietary habits from conventional food items such as meat & seafood or eggs toward plant-based alternatives such asGoat Milk Powder., Hence APAC market was valued at USD X million in 2017 and it is projected to grow at a CAGR of XX% during the forecast period due high consumption especially by countries like China & India.
Growth Factors:
- Increasing demand for goat milk powder from the food and beverage industry as a healthier alternative to cow milk.
- Rising awareness about the health benefits of goat milk powder among consumers.
- Growing popularity of dairy-free and vegan diets, which has led to an increase in demand for plant-based proteins, including goat milk powder.
- The increasing number of women who are choosing to breastfeed their children, which is driving up demand for infant formula made with goat milk powder.
- The growing popularity of artisanal cheese made from fresh goats' milk, which is boosting interest in buying goat milk powder directly from farmers
Scope Of The Report
Report Attributes
Report Details
Report Title
Goat Milk Powder Market Research Report
By Type
Whole Milk, Skim Milk
By Application
Dairy Product, Milk Food
By Companies
FIT, CBM, Australian Nature Dairy, Avhdairy, Red Star, Guanshan
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Goat Milk Powder Market Report Segments:
The global Goat 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
Dairy Product, Milk Food
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:
- FIT
- CBM
- Australian Nature Dairy
- Avhdairy
- Red Star
- Guanshan
Highlights of The Goat 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:
- Dairy Product
- Milk Food
- 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 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?
Goat milk powder is a type of protein powder that is made from the milk of goats. It is a high-quality source of protein, and it has many health benefits.
Some of the major companies in the goat milk powder market are FIT, CBM, Australian Nature Dairy, Avhdairy, Red Star, Guanshan.
The goat milk powder market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Goat Milk Powder 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 Powder 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 Powder Market - Supply Chain
4.5. Global Goat Milk Powder Market Forecast
4.5.1. Goat Milk Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Goat Milk Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Goat Milk Powder Market Absolute $ Opportunity
5. Global Goat Milk Powder 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 Powder Market Size and Volume Forecast by Type
5.3.1. Whole Milk
5.3.2. Skim Milk
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Goat Milk Powder 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 Powder Market Size and Volume Forecast by Application
6.3.1. Dairy Product
6.3.2. Milk Food
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Goat Milk Powder 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 Powder 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 Powder 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 Powder 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 Powder Demand Share Forecast, 2019-2026
9. North America Goat Milk Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
9.4.1. Dairy Product
9.4.2. Milk Food
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Goat Milk Powder Market Size and Volume Forecast by Type
9.7.1. Whole Milk
9.7.2. Skim Milk
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 Powder Demand Share Forecast, 2019-2026
10. Latin America Goat Milk Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
10.4.1. Dairy Product
10.4.2. Milk Food
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Goat Milk Powder Market Size and Volume Forecast by Type
10.7.1. Whole Milk
10.7.2. Skim Milk
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 Powder Demand Share Forecast, 2019-2026
11. Europe Goat Milk Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
11.4.1. Dairy Product
11.4.2. Milk Food
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Goat Milk Powder Market Size and Volume Forecast by Type
11.7.1. Whole Milk
11.7.2. Skim Milk
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 Powder Demand Share, 2019-2026
12. Asia Pacific Goat Milk Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
12.4.1. Dairy Product
12.4.2. Milk Food
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Goat Milk Powder Market Size and Volume Forecast by Type
12.7.1. Whole Milk
12.7.2. Skim Milk
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 Powder Demand Share, 2019-2026
13. Middle East & Africa Goat Milk Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
13.4.1. Dairy Product
13.4.2. Milk Food
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 Powder Market Size and Volume Forecast by Type
13.7.1. Whole Milk
13.7.2. Skim Milk
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 Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Goat Milk Powder Market: Market Share Analysis
14.2. Goat Milk Powder Distributors and Customers
14.3. Goat Milk Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FIT
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Australian Nature Dairy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Avhdairy
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. Guanshan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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