Goat Milk Products Market Share, Growing Demand, and Top Key...

Goat Milk Products Market Share, Growing Demand, and Top Key Players

2023-08-10 07:12:42 • Visualizações

In 2021, the goat milk products market stood at $8,672.9 million; it is expected to hit $13,217.2 million revenue by 2030, advancing at a rate of 4.8% from 2021 to 2030, attributed to the surge in the number of health-conscious consumers, technological advancements in the field and government subsidies to promote goat farming. People are becoming more health-conscious and are willing to invest in products that offer health benefits.

Goat milk is enriched with a high volume of protein and calcium; it is good for children's and adults’ consumption as it strengthens their bones and teeth. Goat milk is enriched with other nutrients such as amino acids, potassium, oligosaccharides, magnesium, and Vitamin A. Smaller fat globules in goat milk give it a smoother texture. Similarly, less percentage of 1-casein in Goat milk results in increased water-holding capacity and reduced viscosity.

After reaching the age of 60 years, bone strength and athletic ability start declining. Goat milk provides multiple nutrients and fulfills the body's requirement for calcium and vitamins. Consuming goat milk has numerous benefits; it softens the bones and prevents fractures. It increases the food digestion ability in older people as it has a high volume of good bacteria and germs that help in food digestion and hence prevent constipation.

Browse detailed report - Goat Milk Products Market Analysis and Demand Forecast Report

APAC is the most significant contributor to the goat milk products market revenue, with a 50% share. The APAC food and beverage industry is huge, representing 50% of the global market. China and India’s economy are agriculture-based; both the countries produce various agricultural items. The demand for goat milk and products ascribed to the increased need for baby formulae, which consume over 50% of the goat milk in the region.

The increased government initiatives to promote goat farming by providing it the financial aid and numerous health benefits of the goat milk drive the product demand.

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