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The goat milk powder market size is valued to increase by USD 2.01 billion, at a CAGR of 14% from 2023 to 2028. Rising popularity of goat milk in baby formula will drive the goat milk powder market.
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Goat milk powder, derived from casein micelles, offers distinct advantages in various industries, particularly in toddler nutrition and elderly nutrition. Compared to cow's milk powder, goat milk powder has a smaller particle size distribution, allowing for easier digestion and absorption. In the context of dairy blending, goat milk powder's lower lactose levels contribute to improved sensory attributes and wider consumer appeal. Goat milk powder's protein content is comparable to whey protein isolate, making it a valuable addition to sports nutrition and dietary supplements. In baking applications, goat milk powder's fat composition and moisture content provide desirable texture and flavor. Quality control and microbial safety are paramount in goat milk powder production. Spray drying technology ensures efficient processing and a long shelf life. Prebiotic and probiotic additions enhance nutritional value and improve food fortification. Goat milk powder's mineral profile and immunoglobulin levels align with regulatory compliance requirements, making it a preferred choice for infant formula production. Its versatility extends to confectionery applications, where its unique flavor profile adds value to various products. Heat treatment and sensory evaluation are crucial steps in goat milk powder production, ensuring consistent sensory attributes and meeting the demands of diverse industries.
The surge in demand for goat milk in baby formula is the primary factor fueling market growth.
The rising demand for organic and lactose-free goat milk powder represents a significant market trend. Organic and lactose-free goat milk powder is experiencing increasing popularity among consumers.
The expanding vegan population poses a significant challenge to the industry's growth trajectory.
The goat milk powder industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The offline segment is estimated to witness significant growth during the forecast period.
Goat milk powder, a popular alternative to cow's milk, continues to gain traction in various sectors due to its unique nutritional properties. With a focus on casein micelles, goat milk powder offers advantages in toddler nutrition and elderly nutrition. Its particle size distribution ensures better digestibility and absorption. The protein content, often higher than cow's milk, appeals to consumers seeking high-protein options. Dairy blending and lactose levels make goat milk powder suitable for individuals with lactose intolerance or sensitivity. The market's evolution extends to baking applications, sports nutrition, and dietary supplements. Sensory evaluation, including heat treatment and flavor profile, plays a crucial role in ensuring product quality.
Quality control and microbial safety are essential considerations, with spray drying and prebiotic or probiotic additions contributing to improved nutritional value. The mineral profile, vitamin content, and immunoglobulin levels further enhance goat milk powder's appeal. In packaging materials and powder processing, innovation continues to drive efficiency and consumer convenience. Supermarkets and hypermarkets dominate the distribution landscape, accounting for approximately 45% of global sales. The retail industry's growth and the establishment of numerous retail outlets, particularly in developing countries, fuel demand for goat milk powder. Discounted price comparisons and the convenience of one-stop shopping make these channels increasingly popular.
For instance, in 2022, Reliance Retail announced plans to expand its presence in India with over 1,000 new stores by 2025.
The Offline segment was valued at USD 1.23 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 30% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American the market is witnessing significant growth, fueled by expanding consumer awareness of goat milk's health advantages. Goat milk powder offers digestibility benefits, lower allergenic potential compared to cow milk, and a rich nutrient profile, making it a popular alternative for lactose-intolerant individuals and health-conscious consumers. Key market segments include infant formula, nutritional supplements, and specialty foods. Infant formula segment growth is driven by parents opting for goat milk-based alternatives for their infants with cow milk intolerance. Furthermore, the clean-label and organic product trend is propelling the market, as consumers increasingly prioritize natural ingredients free from additives.
According to industry reports, the market in North America is projected to grow at a steady pace, reaching over 12,000 metric tons by 2025. This represents a substantial increase from the current market size of approximately 8,500 metric tons. The market's growth is underpinned by these key factors, making it an exciting and dynamic space for industry participants.
Customer Landscape of Goat Milk Powder Industry
Companies are implementing various strategies, such as strategic alliances, goat milk powder market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Ausnutria Dairy Corp. Ltd. - The company, specializing in goat milk products, markets its goat milk powder under the brand Kabrita. This dairy alternative caters to consumers seeking lactose intolerance solutions or desiring the unique nutritional benefits of goat milk. The goat milk powder's production and distribution align with stringent quality standards, ensuring a consistent and nutritious product.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Goat Milk Powder Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
132 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 14% |
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Market growth 2024-2028 |
USD 2006.4 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
12.1 |
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Key countries |
US, Germany, France, China, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
The market has experienced significant growth in recent years, driven by the unique nutritional properties and consumer preferences for this dairy alternative. Goat milk powder, like its liquid counterpart, offers several advantages over cow milk powder. In the production process, goat milk powder undergoes protein denaturation during heat treatment, which affects its solubility in water and dispersibility. To optimize spray drying parameters and ensure optimal product quality, manufacturers must carefully manage the effects of heat on goat milk powder. Goat milk powder's rheological behavior and sensory evaluation methodologies are crucial for assessing consumer acceptance and market appeal. Compared to cow milk powder, goat milk powder demonstrates a higher protein digestibility, making it an attractive option for various applications, including infant formulas and sports nutrition. Formulating goat milk powder for specific applications, such as infant nutrition or sports supplements, requires precise control over protein content, particle size, and lactose content. For instance, infant goat milk powder must meet stringent regulatory requirements for protein and micronutrient content, while sports nutrition applications demand high protein content and fast dispersibility. Goat milk powder's smaller particle size contributes to its improved dispersibility and mixability, making it a popular choice for baking applications and dietary supplements. Quality control testing, including measuring casein micelle size, is essential to ensure consistency and maintain product integrity during storage. Homogenization plays a role in optimizing the particle size distribution and improving the stability of goat milk powder during storage. Goat milk powder's lower lactose content and potential allergen concerns make it a suitable alternative for consumers with lactose intolerance or allergies. In summary, the market offers unique opportunities for businesses in the dairy and food industries. By understanding the production process, product characteristics, and consumer preferences, companies can effectively manage their supply chain, ensure regulatory compliance, and capitalize on the growing demand for goat milk powder.
What is the expected growth of the Goat Milk Powder Market between 2024 and 2028?
USD 2.01 billion, at a CAGR of 14%
What segmentation does the market report cover?
The report is segmented by Distribution Channel (Offline and Online) and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
Which regions are analyzed in the report?
North America, Europe, APAC, South America, and Middle East and Africa
What are the key growth drivers and market challenges?
Rising popularity of goat milk in baby formula, Growing vegan population
Who are the major players in the Goat Milk Powder Market?
Ausnutria Dairy Corp. Ltd., AVH Dairy Trade B.V, Baiyue Goat Milk Group Co. Ltd., Billy Goat Stuff, Bubs Australia Ltd., Dairy Goat Co-Operative Ltd., ENS International B.V., Goat Partners International Inc., Halo Food Co., Healthwest Minerals Inc., HiPP GmbH and Co. Vertrieb KG, Holle baby food AG, Mast Brothers Inc., Meyenberg Goat Milk Products, and Shaanxi Hongxing Meiing Dairy Co. Ltd.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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