Global Goat Milk Products Market is Rising, Expected USD 17.61 Billion By 2030

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Goat milk is the most-consumed dairy product in the world. A variety of products can be produced from goat milk, including butter, ice cream, cheese, buttermilk, condensed milk, yogurt, flavored milk, sweets, and candies. Goat milk products are a rich source of proteins, iron, vitamins, calories, and fats.  They are thicker and easy to digest. These products are a healthier choice as compared to other forms of milk.  Goat milk products enhance immunity and help keep your bones strong.

According to the estimates, the proportion of goat milk is expected to rise over the forecast period. The growing demand for goat milk in infant food and follow-on formula is expected to drive the growth of the global goat milk products market. Also, goat milk provides healthier benefits than cow milk in terms of nutrition. A surge in the number of health and wellness trends worldwide is majorly fueling market growth. Goat milk product also includes all essential amino acids with a high Digestible Indispensable Amino Acid Score (DIAAS).

According to the research report published by Polaris Market Research, the global goat milk products market was valued at USD 11.89 billion in 2021 and is expected to reach USSD 17.61 Billion By 2030, growing at a CAGR of 4.5% during the forecast period.

Growth Drivers
Increasing awareness of the benefits of consuming goat milk products drives the market
Growing cases of lactose intolerance and allergies related to conventional dairy products due to the acceptance of unhealthy lifestyles are encouraging people to shift towards healthy choices. Thus, the demand for goat milk products is growing among consumers. The goat products are easy to digest and comprises various nutrients like potassium, vitamin A, and calcium, thus their use is increasing. This is one of the major factors expected to boost the market’s growth. Goat milk products available in the markets includes cheese, butter, ice cream, yogurt, etc. 
Moreover, increasing awareness about the benefits of consuming dairy coupled with rising consumer investments in healthy dairy foods are expected to flourish the growth of the global goat milk products market. Also, the easy availability of these dairy products in small and big stores is further anticipated to fuel the industry growth during the forecast period. In addition, the growing demand for dairy foods from beauty and personal care product development companies is projected to positively influence the market’s growth.

Report Segmentation
The liquid milk segment boost dominates the market
Based on product type, the liquid milk segment is expected to account for the largest revenue share in the global goat milk products market. Goat milk is easily digestible compared to other forms of milk. Products developed from goat milk enhance the body’s ability to absorb critical nutrients from meals. Therefore, the demand for liquid goat milk is increasing rapidly. Moreover, consumers and end-product manufacturers, such as cheese-makers, buy liquid milk is expected to drive the product type segment growth.

The Asia Pacific witnesses the largest market share
Based on geography, Asia Pacific is expected to hold the largest share in the global goat milk products market. Counties including India, China, and Pakistan are known as the most goat dairy-producing countries. According to the NCBI, over 60% of the global goats reside in the Asia Pacific. Rising consumption of dairy products in the U.S. due to the increasing awareness of the health benefits of milk and milk products is fueling the market’s growth in the Asia Pacific.
Moreover, North America is anticipated to witness a higher CAGR over the forecast period owing to the increasing number of farms in the United States. People in the U.S. are now shifting towards goat milk products from traditional cow milk products in the desire for high protein and lower fats. This will positively enhance regional market growth.  

Recent Developments
In March 2021, Hochdorf launched the 'Bimbosan' goat milk-based infant formula. Bimbosan formula does not contain palm oil, and it is gluten-free.
In June 2022, Atalanta, the cheese producer, introduced its unique cheddar cheese that comes under the Table One brand. This product is made with the milk of Canadian goats.

The sample PDF of this report can be obtain here: https://www.polarismarketresearch.com/industry-analysis/goat-milk-products-market/request-for-sample