Goat Milk Products Market to Signify Strong Growth by 2024-2031

The global goat milk products market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period. Growing awareness regarding child nutrition is increasing the demand for goat milk in infant food and follow-on formula. Owing to its nutritional and biochemical properties, goat milk is increasingly used by people with cow milk allergies and gastrointestinal disorders. It has rapidly gained traction in infant foods and follow-on formula products application due to the easy digestibility of goat milk and its high nutritional profile as compared to cow milk. In addition, it contains all essential amino acids with a high Digestible Indispensable Amino Acid Score (DIAAS). Moreover, Cow’s milk allergy is one the most common food allergies among infants, due to which parents are increasingly seeking alternatives that ease the baby’s digestive sensitivities and match the nutritional profile of breast milk. According to the National Health Service (NHS), cows' milk allergy (CMA), is estimated to affect around 7% of babies aged under 1 year.

Hence, the global goat milk products market is largely driven by the increasing demand for goat milk in baby food and it is gaining attractiveness among infant formulae manufacturers. For instance, in 2021, Hochdorf launched a new goat milk-based infant formula for its Bimbosan brand which is very easy to digest. Apart from goat milk, Bimbosan milk also contains the Omega-3 fatty acid DHA (from fish oil), which is legally required in baby food, as well as the Omega-6 fatty acid, ARA. Added to this are prebiotic HMO or human milk oligosaccharides, which have been shown to promote the child's immune system and healthy intestinal flora. Bimbosan goat milk does not contain palm oil or starch and is also gluten-free. They are available in a 400g tin with a measuring spoon, a sustainable 400g refill bag, and in travel portions of 5x25g.

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Market Coverage

•The market number available for – 2023-2031

•Base year- 2023

•Forecast period- 2024-2031

Segment Covered- 

•By Product Type

•By Distribution Channel

Regions Covered-

•North America

•Europe

•Asia-Pacific

•Rest of the World

Competitive Landscape- Good Goat Milk Co., Atalanta Corp., Redwood Hill Farm & Creamery, Inc., Saputo Inc., St Helen’s Farm Ltd, and others.

Goat Milk Products Market Report Segment

By Product Type

•Cheese

•Milk

•Milk Powder

•Cream and Butter

•Ice Cream

•Yoghurt

•Others 

By Distribution Channel

•Online 

•Offline 

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Goat Milk Products Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•Latin America

•Middle East and Africa 

Company Profiles

•Anata India

•Ausnutria BV

•AVH dairy trade B.V.

•Delamere Dairy Ltd

•Goat Partners International, Inc.

•Hay Dairies Pte Ltd

•Healthwest Minerals, Inc.

•Holle baby food AG

•Meyenberg Goat Milk Products

•Quidditas Farms Private Ltd.

•Saputo Cheese USA Inc.

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Article source: https://article-realm.com/article/Food-Beverage/58267-Goat-Milk-Products-Market-to-Signify-Strong-Growth-by-2024-2031.html