Dublin, Oct. 16, 2023 (GLOBE NEWSWIRE) -- The "Global Goat Milk Products Market Size, Share & Industry Trends Analysis Report By Type, By Distribution Channel, By Regional Outlook and Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
The Global Goat Milk Products Market size is expected to reach $16.9 billion by 2028, rising at a market growth of 5.3% CAGR during the forecast period.
Goat milk is incredibly nutrient-dense, containing vitamins, minerals, protein, carbs, and fat. Goat milk is utilized in the same ways as cow's milk in producing butter, yogurt, cheese, ice cream, and other goods. The goat is among the most adaptable domestic animals in terms of adapting to arid & humid, tropical & cold, and desert & mountain conditions.
It provides people with many valuable products, including meat, mohair, skins, leather, milk, cashmere,draught & pack power, as well as manure for gardens andcrops. As a result, a growing number of individuals are becoming interested in goat milk as a valuable 'super'dairy food item with unique medical, nutritional, immunological, and biologicalproperties. It also serves as a means of sustenance for underprivileged rural populations with limited landholdings.
The numerous health advantages of goat milk, including its ability to promote healthy weight gain, ease digestion, boost platelet count, avoid insulin resistance, and lower cholesterol levels, and have led to a surge in its consumption in recent years. In addition, A2 casein is present in significant amounts in goat milk. A2 casein aids in the management of inflammatory illnesses like irritable bowel syndrome due to its high protein content, similar to human breast milk. Goat milk is frequently given to infants as their first source of protein after breastfeeding. Compared to cow's milk, goat milkmakes them less susceptible to allergies. The producer sells goat milk cheese alone or in combination with other goods.
Goat milk cheese has seen a sharp rise in popularity in recent years. Because of their susceptibility to allergic reactions to items made from cow's milk, children and the elderly find it particularly appealing.
Moreover, cheese prepared fromgoat'smilk contains a variety of beneficial fats, including fatty acids, medium-chain triglycerides, and short- and medium-chain unsaturated fats. The cheese also contains high-quality, easily absorbed protein that provides the essential amino acids the human body needs. Goat cheese has fewer allergens, and it also supports a healthy gut in addition to reducing inflammation.
Market Growth Factors
Growing efforts to increase the yield through methods like crossbreeding
In recent years, numerous experiments and trials have taken place to increase goats' milk output. A promising method that has been in use is genetic selection and breeding.Dairy goats have undergone genetic selection, which has boosted production and lengthened lactation.
Due to their high genetic prospects for milk production, the specialist dairy goat breeds employed in high-income countries have been transported to many underdeveloped nations via live animal transport and exports of frozen embryos or semen. To increase milk production, these foreign goats were crossed with regional breeds. Such efforts will increase the dependence on goat milk for various products, which in turn, accelerates the expansion of the goat milk products market.
Increasing awareness about the consumption of goat milk and goat milk products
The expansion of the demand for goat milk products in recent years is anticipated to be fueled by a rise in the number of health-conscious people. Because goat milk offers similar nutritional qualities to human milk, there is an upsurge in demand for it across the board, helping the goat milk industry grow internationally. In addition, the health advantages of goat milk also fuel the industry's growth.
For example, infants may easily digest this milk, which is high in calcium and fatty acids. Moreover, goat milk has a reduced cholesterol content. Many health benefits are associated with goat milk. Most of the goat milk produced is used for direct human consumption, followed by manufacturing milk powder, cheese, and other goods. Also, as people age, their bodies produce less stomach acid.
Furthermore, goat milk has a lot of beneficial bacteria and microorganisms that help with digestion and stop constipation as well as other intestinal pains. Therefore, the numerous health benefits of goat and goat milk products propel the market's growth in the coming years.
Market Restraining Factors
High prices of goat milk and goat milk products like milk powder
A specialty item made from goat milk, goat milk powder often costs roughly twice as much as cow milk. Goat milk production is less than that of other types of dairy milk since it is more challenging to manufacture on a large scale. The increased expense of producing goat milk is the cause of the higher price. As a result, fewer farmers manufacture goat milk than cow milk, even though dairy goats are simpler to raise and more economical than dairy cows. The high labor costs needed are also a prominentcause of the world's inferior goat milkproductivity. Therefore, the high prices associated with producing goat milk and products are the primary factors hampering the market's growth.
Scope of the Study
By Type
- Liquid Milk
- Powdered Milk
By Distribution Channel
- B2C
- B2B
Key Market Players
List of Companies Profiled in the Report:
- Ausnutria Dairy Corporation Ltd. (Yili Group)
- Emmi Schweiz AG (Cooperative Central Switzerland Milk Producers ZMP)
- Goat Partners International Inc. (UNICA Global)
- Holle baby food AG
- St Helen's Farm Ltd. (The Kavli Group)
- Hewitt's Dairy (Gay Lea Foods Co-operative Ltd.)
- Woolwich Dairy, Inc. (Saputo Inc.)
- HiPP GmbH & Co. Vertrieb KG
- Courtyard Farms
- Granarolo S.p.A
For more information about this report visit https://www.researchandmarkets.com/r/9bc852
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