5 Major Insights Into The Goat Milk Products Market Report 2024
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The Business Research Company’s Goat Milk Products Global Market Report 2024 offers crucial insights into the goat milk products market help businesses analyse and build stronger strategies.
The Rising Trend of Healthy Dairy Foods Consumption:
- Increased consumer spending on dairy products perceived as healthy is driving market growth.
- Data from USDA Economic Research Division reflects a significant rise in per capita dairy consumption.
- Consumers are allocating a larger portion of their food budget towards dairy products considered beneficial for health.
Major Players in the Goat Milk Products Market
Key Companies Shaping the Market Landscape:
- Ausnutria Dairy Corporation Ltd.
- Dairy Goat Co-Operative NZ Ltd.
- Holle baby food AG
- Xi’an Baiyue Goat Dairy Group Co. Ltd.
- Saputo Inc.
- And many more.
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Technological Advancements Reshaping The Landscape
Integration of Advanced Technologies:
- Major manufacturers are incorporating advanced technologies into production processes.
- Example: Emmi AG opened an energy-efficient spray-drying tower for goat milk powder production.
- Energy-efficient pumps and recovery technologies are being employed to enhance sustainability.
Strategic Acquisitions in the Market
Ausnutria Dairy Corporation Ltd.’s Acquisition of Amalthea:
- Ausnutria Dairy Corporation Ltd. acquired a 50% stake in Amalthea in October 2022.
- The acquisition aims to diversify product offerings to meet the demand for organic and sustainable dairy products.
- Amalthea, a Netherlands-based company, specializes in goat milk products.
Market Segmentation and Regional Insights
Understanding the Market Dynamics:
- Segmentation by Product: Milk, Cheese, Milk Powder, Other Products.
- Segmentation by Sector: Unorganized, Organized.
- Segmentation by Distribution Channel: Hypermarkets, Supermarkets, Convenience Stores, Specialty Stores, Online.
- Segmentation by End User: Adult, Teenager, Elderly, Infant.
- Asia-Pacific emerged as the largest region in 2023 and is projected for rapid growth.
Forecasted Growth and Market Trends
Anticipated Market Expansion and Trends:
- Market size expected to reach $13.35 billion in 2024, growing at a CAGR of 5.9%.
- Continued growth expected, reaching $16.6 billion by 2028, with a CAGR of 5.6%.
- Major trends include alternative dairy demand, health benefits, global market penetration, innovation, sustainability, and ethical consumption.
- Educational campaigns, marketing strategies, and innovation in product development are driving factors for future growth.
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The Goat Milk Products Global Market Report 2024 provides a comprehensive outlook of the goat milk products market for the historic years (2010 -2021) and ten years forecast (2023 – 2032).The goat milk products market forecast offers a thorough analysis on goat milk products market size, goat milk products market share,prominent players and their strategies.
The Table Of Content For The Goat Milk Products Market Include:
1. Goat Milk Products Market Executive Summary
2. Goat Milk Products Market Segments
3. Goat Milk Products Market Size And Goat Milk Products Market Growth Rate
4. Key Goat Milk Products Market Trends
5. Major Goat Milk Products Market Drivers
……
25. Key Mergers And Acquisitions In The Goat Milk Products Market
26. Top Goat Milk Products Companies
27. Goat Milk Products Market Opportunities And Strategies
28. Goat Milk Products Market, Conclusions And Recommendations
29. Appendix
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