Nonfat Goat Milk Market by Product Type (Nonfat Goat Milk Cheese, Nonfat Goat Milk Yogurt, Nonfat Goat Milk Butter, Nonfat Goat Powdered Milk, Nonfat Goat Packaged Milk and Others), and Distribution Channel (Online Retail, Specialty Stores, Supermarket/Hypermarket and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025
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May 2020 |
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Goat milk is a type of milk produced by goats. It is loaded with essential nutrients and is a rich source of vitamins and minerals, such as calcium, phosphorus, and riboflavin. It is considered as a great alternative to cow’s milk since it is easier to digest, less inflammatory, and has lesser number of allergens. Owing to its versatility, it has several applications including yogurt, cheese, soap, smoothies, skin care products, desserts, and more.
Consumers today have an increasing preference for food products manufactured with organic ingredients which are low in calories and fat. The reason for such choice is due to the prevalence of health-related diseases such as obesity and other chronic diseases. Consumers are therefore increasingly purchasing nonfat dairy products such as low-fat cheese and yogurt, which provide the necessary nutrition along with taste. This creates a positive impact on the growth for nonfat goat milk market. In addition, the rise in lactose intolerance among consumers worldwide creates potential demand for lactose-free products or products with low lactose content. This factor majorly helps to boost the growth of the nonfat goat milk market. However, goat milk is a niche product and is therefore commercially expensive as compared to other milks. This is projected to hamper the growth of the market, especially in the less developed economies.
On the contrary, introducing nonfat flavored goat milk products which matches the local tastes and preferences of the consumers, enable manufactures to expand their market base. This can be viewed as an opportunity for the growth of the nonfat goat milk market.
The market is segmented based on product type, distribution channel, and region. Based on product type, it is classified into nonfat goat milk cheese, nonfat goat milk yogurt, nonfat goat milk butter, nonfat goat powdered milk, nonfat goat packaged milk, and others. Based on distribution channel, it is divided into online retail, specialty stores, supermarket/hypermarket, and others. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the market include Dairy Goat Cooperative (DGC), Meyenberg, Ausnutria Dairy Corporation Ltd, Delamere Dairy, Koukakis Farm, Quidditas Farms Private Limited, Stickney Hill Dairy, Granarolo Group, Nutragoat, and St Helen's Farm.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides an extensive analysis of the current and emerging trends and dynamics in the nonfat goat milk market.
- In-depth analysis is done by constructing market estimations for the key market segments to identify the prevailing market opportunities.
- This study evaluates the competitive landscape and value chain to understand the competitive environment across the geographies.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- Comprehensive analysis of the region is provided to determine the prevailing opportunities in these geographies.
NONFAT GOAT MILK MARKET SEGMENTATION
By Product Type
- Nonfat Goat Milk Cheese
- Nonfat Goat Milk Yogurt
- Nonfat Goat Milk Butter
- Nonfat Goat Powdered Milk
- Nonfat Goat Packaged Milk
- Others
By Distribution Channel
- Online Retail
- Specialty Stores
- Supermarket/Hypermarket
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Spain
- Rest of Europe
- Asia-Pacific
- India
- China
- Australia
- Japan
- Rest of Asia-Pacific
- LAMEA
- Turkey
- Brazil
- Saudi Arabia
- South Africa
KEY PLAYERS
- Dairy Goat Cooperative (DGC)
- Meyenberg
- Ausnutria Dairy Corporation Ltd
- Delamere Dairy
- Koukakis Farm
- Quidditas Farms Private Limited
- Stickney Hill Dairy
- Granarolo Group
- Nutragoat
- St Helen's Farm
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