The goat milk market was valued at US$ 13,559.5 million in 2018 and is expected to grow at a CAGR of 3.0% from 2019 to 2027 to reach US$ 17,440.7 million by 2027.
Goat milk is very nutritious and contains vital minerals. It also contains vitamins and higher amounts of potassium, iron, and vitamin A than cows’ milk. Goat milk is very healthful, has a protein composition similar to human breast milk, and is extra digestible than cow milk. Goat milk is popular in the personal care industry and is used in a large number of cosmetic products. As goat milk has natural neutral pH and natural lactic acid, it is preferred in the manufacture of skincare products such as lotions, soaps, creams, and cleansers. The natural high-fat content in the goat milk makes it an excellent skin moisturizer. Therefore, the growing popularity of goat milk in the personal care industry is expected to drive the growth of the goat milk market.
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North America accounted for the largest share of the global goat milk market. Growing attention towards the nutritional value of dairy products, increasing health concerns, and increasing the popularity of goat milk owing to the versatile health benefits are the significant factors that are expected to drive the growth of the global goat milk market during the forecast. Transformation in the food and beverage habits, modern food needs, and the fast and healthy lifestyle of the inhabitants has a noteworthy influence on the goat milk market in the North America region.
Health benefits Offered by Goat Milk is leading to Rising Demand for Goat Milk Globally
A glass of milk, which helps meet the human body’s daily fat and calcium requirements, is proven to improve immunity and metabolism. However, some consumers suffer from gastric issues owing to intolerance to lactose present in cow milk. Nutritionists recommend goat milk over cow milk to such lactose intolerant consumers as the former one has relatively less sugar content. Also, it doesn’t cause stomach ailments or acidity and gets digested easily. Raw goat milk assists in healing several diseases as it helps boost platelet count throughout the infections caused by dengue and other viruses. Moreover, it is a good source of colostrum and is considered as a natural cure for jaundice as well. Anti-inflammatory properties imparted by this milk are unique due to its enzymatic makeup that meritoriously controls gut inflammation.
Global Goat Milk Market – By Product
Global Goat Milk Market – By Distribution Channel
The Table of Content for Goat Milk Market research study includes:
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