According to a new report, published by KBV research, 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.
The Liquid Milk market acquired the maximum revenue share in the Global Goat Milk Products Market by Type in 2021, thereby, achieving a market value of $13 billion by 2028. Both direct buyers and producers of finished goods, like cheesemakers, can purchase them. Goat milk cheese is high in nutrients and low in calories and fat. It comes in various forms and flavors, including cheddar, chevre, feta, mold, and more. Goat milk products are becoming increasingly popular because of their health benefits. Many nations, including Turkey, Bangladesh, Pakistan, and India, have high levels of consumption. Milk from a variety of goat breeds is extracted.
The B2B market has shown the high growth rate of 5.9% during (2022 - 2028). Goat milk products are sold to consumers directly through the B2C channel. Some prominent B2C sales channels include hypermarkets/supermarkets, specialty shops, convenience stores, and online shopping. Most of these goods are offered for sale in dairies or specialty shops. Milk producers and farmers deliver goat milk to dairies, which is processed into powdered or packaged liquid milk.
The Asia Pacific market dominated the Global Goat Milk Products Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8.5 billion by 2028. The Europe market is anticipated to grow at a CAGR of 4.7% during (2022 - 2028). Additionally, The North America market would generate a CAGR of 5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/goat-milk-products-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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, and Granarolo S.p.A.
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