The goat milk market was valued at US$ 13,559.5 million in 2018 and is expected to grow at a CAGR of 3.0% from 2019 to 2027 to reach US$ 17,440.7 million by 2027.
Goat milk is very nutritious and contains vital minerals. It also contains vitamins and higher amounts of potassium, iron, and vitamin A than cows’ milk. Goat milk is very healthful, has a protein composition similar to human breast milk, and is extra digestible than cow milk. Goat milk is popular in the personal care industry and is used in a large number of cosmetic products. As goat milk has natural neutral pH and natural lactic acid, it is preferred in the manufacture of skincare products such as lotions, soaps, creams, and cleansers. The natural high-fat content in the goat milk makes it an excellent skin moisturizer. Therefore, the growing popularity of goat milk in the personal care industry is expected to drive the growth of the goat milk market.
North America accounted for the largest share of the global goat milk market. Growing attention towards the nutritional value of dairy products, increasing health concerns, and increasing the popularity of goat milk owing to the versatile health benefits are the significant factors that are expected to drive the growth of the global goat milk market during the forecast. Transformation in the food and beverage habits, modern food needs, and the fast and healthy lifestyle of the inhabitants has a noteworthy influence on the goat milk market in the North America region.
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Goat Milk Market: Strategic Insights
Market Size Value in US$ 13,559.5 Million in 2018 Market Size Value by US$ 17,440.7 Million by 2027 Growth rate CAGR of 3.0% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Goat Milk Market: Strategic Insights
| Market Size Value in | US$ 13,559.5 Million in 2018 |
| Market Size Value by | US$ 17,440.7 Million by 2027 |
| Growth rate | CAGR of 3.0% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Market Insights
Health benefits Offered by Goat Milk is leading to Rising Demand for Goat Milk Globally
A glass of milk, which helps meet the human body’s daily fat and calcium requirements, is proven to improve immunity and metabolism. However, some consumers suffer from gastric issues owing to intolerance to lactose present in cow milk. Nutritionists recommend goat milk over cow milk to such lactose intolerant consumers as the former one has relatively less sugar content. Also, it doesn’t cause stomach ailments or acidity and gets digested easily. Raw goat milk assists in healing several diseases as it helps boost platelet count throughout the infections caused by dengue and other viruses. Moreover, it is a good source of colostrum and is considered as a natural cure for jaundice as well. Anti-inflammatory properties imparted by this milk are unique due to its enzymatic makeup that meritoriously controls gut inflammation.
Product Insights
The goat milk market is segmented on the basis of milk, cheese, milk powder, and others. The global Goat milk market based on product was led by the milk segment and held the largest market share. The goat milk market is driven by factors such as increasing health concerns among consumers and increasing demand for goat milk in the personal care industry. Goat milk is a nutritious drink with essential vitamins and minerals, which provides multiple health benefits. Goat milk contains a higher amount of potassium, calcium, iron, and vitamin A than cow’s milk. Also, the goat milk contains less lactose than cow’s milk, it is easily digested, and the goat milk has plenty of calcium, lower cholesterol, and is a good source of essential vitamins. The demand for goat milk market is primarily driven by the various nutritional benefits offered by it. The goat milk also helps in curing a lot of diseases, and it is used to improve the platelet count during viral infections as it has antibodies and is considered a natural cure for jaundice.
Distribution Channel Insights
The goat milk market is segmented on the basis of distribution channel into hypermarkets and supermarkets, convenience stores, specialty stores, online, and medical & pharmacy store. The global goat milk market based on distribution channel was led by the specialty stores segment and held the largest market share. Specialty stores are the retail stores which are focused on offering specific product categories. Specialty Stores for dairy products are primarily engaged in selling dairy products such as milk, butter, cheese, yogurt, cottage cheese, and ice cream. These shops also provide great consumer experience with unique features such as high-level customer service, premium offers, and special discounts.
Market initiative and mergers and acquisitions are commonly adopted by companies to expand their footprint worldwide, which is further impacting the size of the market. The players present in the goat milk market adopt the strategy of market initiative and mergers and acquisitions to enlarge the customer base and to gain significant market share across the world, which also permits the players to maintain their brand name globally.
Goat Milk Market Report Scope
Global Goat Milk Market – By Product
- Milk
- Cheese
- Milk Powder
- Others
Global Goat Milk Market – By Distribution Channel
- Hypermarkets and Supermarket
- Convenience Stores
- Specialty Stores
- Online
- Medical & Pharmacy Stores
Company Profiles
- Delamere Dairy
- Emmi Group
- Hay Dairies Pte Ltd.
- Kavli
- Goat Partners International, Inc.
- Ausnutria Dairy Corporation Ltd.
- Stickney Hill Dairy, Inc.
- Granarolo Group
- Summerhill Goat Dairy
- Gay Lea Foods Co-operative Ltd.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product ; Distribution Channel and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Essential vitamins such as A, B1, B2, B3, and minerals such as calcium and phosphorous are predominantly present in the goat milk. Also, the goat milk contains less lactose than cow’s milk, it is easily digested, and the goat milk has plenty of calcium, lower cholesterol, and is a good source of essential vitamins. The demand for goat milk market is primarily driven by the various nutritional benefits offered by it. The goat milk also helps in curing a lot of diseases, and it is used to improve the platelet count during viral infections as it has antibodies and is considered a natural cure for jaundice.
Goat milk lead the global goat milk market. Goat milk is a nutritious drink with essential vitamins and minerals, which provides multiple health benefits. Goat milk contains higher amount of potassium, calcium, iron, and vitamin A than cow’s milk. The goat milk market is driven by factors such as increasing health concerns among consumers, increasing awareness about the medicinal benefits of the goat milk, and increasing demand for goat milk in the personal care industry.
The goat milk market was dominated by North America. The largest number of milk goats are found in Wisconsin (44,000 head), Iowa (30,000 head), California (41,000 head), New York (13,700 head), and Pennsylvania (15,000 head). In 2018, the milk goat count in the US went up to 380,000, which accounted for 16% of the global milk goats. Every state in the US has its own goat breeders’ association, and there are several national organizations, magazines, and websites which promote goat milk products such as goat cheeses, cosmetics, and candy products.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Goat Milk Market, by Product
1.3.2 Goat Milk Market, by Distribution Channel
1.3.3 Goat Milk Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Goat Milk Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 PEST Analysis
4.3.1 Europe PEST Analysis
4.4 PEST Analysis
4.4.1 Asia-Pacific PEST Analysis
4.5 PEST Analysis
4.5.1 MEA PEST Analysis
4.6 SAM Analysis
4.6.1 SAM PEST Analysis
4.7 Expert Opinions
5. Global Goat Milk Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Health benefits of goat milk
5.1.2 Growing consumer preference for healthy diet
5.2 Market Restraints
5.2.1 High costs, and side-effects and allergies associated with goat milk
5.3 Market Opportunities
5.3.1 Rising demand from cosmetics industry
5.4 Future Trend
5.4.1 Escalating Popularity of Goat Milk Infant Formula
5.5 Impact Analysis Of Drivers And Restraints
6. Goat Milk – Global Market Analysis
6.1 Global Goat Milk Market Overview
6.2 Global Goat Milk Market Forecast and Analysis
6.3 Market Positioning – Key Market Players
7. Goat Milk Market Analysis – By Product
7.1 Overview
7.2 Goat Milk Market, By Product (2018 and 2027)
7.3 Milk
7.3.1 Overview
7.3.1.1 Milk: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
7.4 Cheese
7.4.1 Overview
7.4.1.1 Cheese: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
7.5 Milk Powder
7.5.1 Overview
7.5.1.1 Milk Powder: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.1.1 Other Goat Milk Products: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
8. Goat Milk Market Analysis – By Distribution Channel
8.1 Overview
8.2 Goat Milk Market, By Distribution Channel (2018 and 2027)
8.3 Hypermarkets and Supermarkets
8.3.1 Overview
8.3.1.1 Hypermarkets and Supermarkets: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
8.4 Convenience Stores
8.4.1 Overview
8.4.1.1 Convenience Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
8.5 Specialty Stores
8.5.1 Overview
8.5.1.1 Specialty Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
8.6 Online Stores
8.6.1 Overview
8.6.1.1 Online Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
8.7 Medical & Pharmacy Stores
8.7.1 Overview
8.7.1.1 Medical & Pharmacy Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9. Goat Milk Market – Geographic Analysis
9.1 Overview
9.2 North America: Goat Milk Market
9.2.1 North America: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.2.2 North America: Goat Milk Market, by Product
9.2.3 North America: Goat Milk Market, by Distribution Channel
9.2.4 North America: Goat Milk Market, by Key Country
9.2.4.1 US: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Goat Milk Market, by Product
9.2.4.1.2 US: Goat Milk Market, by Distribution Channel
9.2.4.2 Canada: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Goat Milk Market, by Product
9.2.4.2.2 Canada: Goat Milk Market, by Distribution Channel
9.2.4.3 Mexico: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Goat Milk Market, by Product
9.2.4.3.2 Mexico: Goat Milk Market, by Distribution Channel
9.3 Europe: Goat Milk Market
9.3.1 Europe: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.3.2 Europe: Goat Milk Market, by Product
9.3.3 Europe: Goat Milk Market, by Distribution Channel
9.3.4 Europe: Goat Milk Market, by Key Country
9.3.4.1 Germany: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Goat Milk Market, by Product
9.3.4.1.2 Germany: Goat Milk Market, by Distribution Channel
9.3.4.2 France: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Goat Milk Market, by Product
9.3.4.2.2 France: Goat Milk Market, by Distribution Channel
9.3.4.3 Italy: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Goat Milk Market, by Product
9.3.4.3.2 Italy: Goat Milk Market, by Distribution Channel
9.3.4.4 UK: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Goat Milk Market, by Product
9.3.4.4.2 UK: Goat Milk Market, by Distribution Channel
9.3.4.5 Russia: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Goat Milk Market, by Product
9.3.4.5.2 Russia: Goat Milk Market, by Distribution Channel
9.3.4.6 Rest of Europe: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Goat Milk Market, by Product
9.3.4.6.2 Rest of Europe: Goat Milk Market, by Distribution Channel
9.4 Asia-Pacific: Goat Milk Market
9.4.1 Asia-Pacific: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.4.2 Asia-Pacific: Goat Milk Market, by Product
9.4.3 Asia-Pacific: Goat Milk Market, by Distribution Channel
9.4.4 Asia-Pacific: Goat Milk Market, by Key Country
9.4.4.1 Australia: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: Goat Milk Market, by Product
9.4.4.1.2 Australia: Goat Milk Market, by Distribution Channel
9.4.4.2 China: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: Goat Milk Market, by Product
9.4.4.2.2 China: Goat Milk Market, by Distribution Channel
9.4.4.3 India: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: Goat Milk Market, by Product
9.4.4.3.2 India: Goat Milk Market, by Distribution Channel
9.4.4.4 Japan: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: Goat Milk Market, by Product
9.4.4.4.2 Japan: Goat Milk Market, by Distribution Channel
9.4.4.5 South Korea: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: Goat Milk Market, by Product
9.4.4.5.2 South Korea: Goat Milk Market, by Distribution Channel
9.4.4.6 Rest of APAC: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: Goat Milk Market, by Product
9.4.4.6.2 Rest of APAC: Goat Milk Market, by Distribution Channel
9.5 Middle East and Africa: Goat Milk Market
9.5.1 Middle East and Africa: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.5.2 Middle East and Africa: Goat Milk Market, by Product
9.5.3 Middle East and Africa: Goat Milk Market, by Distribution Channel
9.5.4 Middle East and Africa: Goat Milk Market, by Key Country
9.5.4.1 South Africa: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Goat Milk Market, by Product
9.5.4.1.2 South Africa: Goat Milk Market, by Distribution Channel
9.5.4.2 Saudi Arabia: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: Goat Milk Market, by Product
9.5.4.2.2 Saudi Arabia: Goat Milk Market, by Distribution Channel
9.5.4.3 UAE: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: Goat Milk Market, by Product
9.5.4.3.2 UAE: Goat Milk Market, by Distribution Channel
9.5.4.4 Rest of MEA: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: Goat Milk Market, by Product
9.5.4.4.2 Rest of MEA: Goat Milk Market, by Distribution Channel
9.6 South and Central America: Goat Milk Market
9.6.1 South and Central America: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.6.2 South and Central America: Goat Milk Market, by Product
9.6.3 South and Central America: Goat Milk Market, by Distribution Channel
9.6.4 South and Central America: Goat Milk Market, by Key Country
9.6.4.1 Brazil: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Goat Milk Market, by Product
9.6.4.1.2 Brazil: Goat Milk Market, by Distribution Channel
9.6.4.2 Argentina: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Goat Milk Market, by Product
9.6.4.2.2 Argentina: Goat Milk Market, by Distribution Channel
9.6.4.3 Rest of SAM: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of SAM: Goat Milk Market, by Product
9.6.4.3.2 Rest of SAM: Goat Milk Market, by Distribution Channel
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Mergers and Acquisitions
11. Key Company Profiles
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Global Goat milk Market Revenue And Forecasts To 2027 (US$ Mn)
Table 2. North America: Goat Milk Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Goat Milk Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 4. US: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 10. Europe: Goat Milk Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe: Goat Milk Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 12. Germany: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 13. Germany: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 14. France: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 15. France: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 18. UK: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 19. UK: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 24. Asia-Pacific: Goat Milk Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 25. Asia-Pacific: Goat Milk Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 26. Australia: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 27. Australia: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 28. China: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 29. China: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 30. India: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 31. India: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 32. Japan: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 33. Japan: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 34. South Korea: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 35. South Korea: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of APAC: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of APAC: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 38. Middle East and Africa: Goat Milk Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 39. Middle East and Africa: Goat Milk Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 40. South Africa: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 41. South Africa: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 42. Saudi Arabia: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 43. Saudi Arabia: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 44. UAE: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 45. UAE: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 46. Rest of MEA: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 47. Rest of MEA: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 48. South and Central America: Goat Milk Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 49. South and Central America: Goat Milk Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 50. Brazil: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 51. Brazil: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 52. Argentina: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 53. Argentina: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of SAM: Goat Milk Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of SAM: Goat Milk Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 56. Glossary of Terms, Global Goat Milk Market
LIST OF FIGURES
Figure 1. Goat milk Market Segmentation
Figure 2. Geographic Segmentation of Goat Milk Market
Figure 3. Goat Milk Market Overview
Figure 4. Beverages Segment Held Larger Share of Goat Milk Market in 2018
Figure 5. Goat Milk Market, by Geography, Value and CAGR
Figure 6. Goat Milk Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe PEST Analysis
Figure 9. Asia-Pacific PEST Analysis
Figure 10. MEA PEST Analysis
Figure 11. SAM PEST Analysis
Figure 12. Expert Opinion
Figure 13. Goat Milk Market Impact Analysis of Driver and Restraints
Figure 14. Geographic Overview of Goat Milk Market
Figure 15. Goat Milk Market Forecast and Analysis, (US$ Mn)
Figure 16. Goat Milk Market Revenue Share, by Product (2018 and 2027)
Figure 17. Milk: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Cheese: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Milk Powder: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Other Goat Milk Products: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Goat Milk Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 22. Hypermarkets and Supermarkets: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Convenience Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Specialty Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Online Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Medical & Pharmacy Stores: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Global Goat Milk Market Revenue Share, by Region (2018 and 2027)
Figure 28. North America: Goat Milk Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. North America: Goat Milk Market Revenue Share, by Product (2018 and 2027)
Figure 30. North America: Goat Milk Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 31. North America: Goat Milk Market Revenue Share, by Key Country (2018 and 2027)
Figure 32. US: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 33. Canada: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 34. Mexico: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 35. Europe: Goat Milk Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. Europe: Goat Milk Market Revenue Share, by Product (2018 and 2027)
Figure 37. Europe: Goat Milk Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 38. Europe: Goat Milk Market Revenue Share, by Key Country (2018 and 2027)
Figure 39. Germany: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 40. France: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 41. Italy: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 42. UK: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 43. Russia: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 44. Rest of Europe: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 45. Asia-Pacific: Goat Milk Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. Asia-Pacific: Goat Milk Market Revenue Share, by Product (2018 and 2027)
Figure 47. Asia-Pacific: Goat Milk Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 48. Asia-Pacific: Goat Milk Market Revenue Share, by Key Country (2018 and 2027)
Figure 49. Australia: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 50. China: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 51. India: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 52. Japan: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 53. South Korea: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 54. Rest of APAC: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 55. Middle East and Africa: Goat Milk Market – Revenue and Forecast to 2027 (US$ Million)
Figure 56. Middle East and Africa: Goat Milk Market Revenue Share, by Product (2018 and 2027)
Figure 57. Middle East and Africa: Goat Milk Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 58. Middle East and Africa: Goat Milk Market Revenue Share, by Key Country (2018 and 2027)
Figure 59. South Africa: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 60. Saudi Arabia: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 61. UAE: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 62. Rest of MEA: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 63. South and Central America: Goat Milk Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. South and Central America Goat Milk Market Revenue Share, by Product (2018 and 2027)
Figure 65. South and Central America Goat Milk Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 66. South and Central America Goat Milk Market Revenue Share, by Key Country (2018 and 2027)
Figure 67. Brazil: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 68. Argentina: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 69. Rest of SAM: Goat Milk Market –Revenue, and Forecast to 2027 (US$ Million)
The List of Companies - Goat Milk Market
- Delamere Dairy
- Emmi Group
- Hay Dairies Pte Ltd.
- Kavli
- Goat Partners International, Inc.
- Ausnutria Dairy Corporation Ltd.
- Stickney Hill Dairy, Inc.
- Granarolo Group
- Summer Hill Goat Dairy
- Gay Lea Foods Co-operative Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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