Goat Milk Infant Formula Market worth 1950 million US$ by 2024
Goat Milk Infant Formula is a manufactured food designed and marketed with fresh goat’s milk as the main raw material for feeding to babies and infants, usually prepared for bottle-feeding or cup-feeding from goat milk powder (mixed with water) or liquid (with or without additional water). Goat’s milk as the main raw material for rich source of nutrients and it has a unique composition that differs from that of cow’s milk. The compositional uniqueness of goat’s milk lies in its naturally high levels of important vitamins and minerals and many other substances that are naturally present in goat’s milk like prebiotic oligosaccharides.
In the coming years there is an increasing demand for Goat Milk Infant Formula in the regions of Asia-Pacific (especially China), Europe and North America (Since FDA regulation, United States consumption is not very much compared with APAC and Europe at present). The other regions also have huge demand on it for the consumption level increasing etc.
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At the same time, Asia-Pacific, Europe is remarkable in the global Goat Milk Infant Formula industry because of their market share and technology status of Goat Milk Infant Formula, also the goat aquaculture is very developed.
In the future, the sales and consumption is estimated to continue developing with a stable growth rate to meet the large and increasing demand, more and more manufacturers will go into this industry.
According to this study, over the next five years the Goat Milk Infant Formula market will register a 9.1% CAGR in terms of revenue, the global market size will reach US$ 1950 million by 2024, from US$ 1160 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Goat Milk Infant Formula business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Goat Milk Infant Formula market by product type, application, key manufacturers and key regions and countries.
This study considers the Goat Milk Infant Formula value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
• First Class (0–6 months)
• Second Class (6–12 months)
• Third Class (1–3 years)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
• Supermarkets/Hypermarkets
• Retail Stores
• Online Selling
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
• DGC
• Danone
• Ausnutria Dairy Corp Ltd
• Baiyue youlishi
• YaTai-Precious
• Red Star
• Guanshan
• MilkGoat
• Herds
• Fineboon
• Jinniu
• Shengfei
• ShengTang
• Holle
• DANA Dairy
• Vitagermine
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
• To study and analyze the global Goat Milk Infant Formula consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Goat Milk Infant Formula market by identifying its various subsegments.
• Focuses on the key global Goat Milk Infant Formula manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Goat Milk Infant Formula with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Goat Milk Infant Formula submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
