Middle East & Africa Goat Milk Products Market Size & Outlook
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- Consumer Food & Beverages
- Goat Milk Products Market Outlook
- Consumer Food & Beverages
Middle East Africa Goat Milk Products Market, 2018-2030 (US$M)
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MEA goat milk products market highlights
- The MEA goat milk products market generated a revenue of USD 2,103.7 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, liquid milk was the largest revenue generating product in 2023.
- Powdered Milk is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,103.7 million |
| Market revenue in 2030 | USD 2,776.8 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Liquid milk |
| Fastest growing segment | Powdered Milk |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid Milk, Powdered Milk |
| Key market players worldwide | Ausnutria Dairy Corp Ltd, GOAT Industries Ltd, Saputo Inc, Emmi AG, Holle baby food, St Helen's Farm, Hewitt’s Dairy, Hipp, Courtyard Farms |
Other key industry trends
- In terms of revenue, MEA region accounted for 16.2% of the global goat milk products market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,372.0 million by 2030.
As per the National Center for Biotechnology Information (NCBI), in 2019, the goat population in sub Saharan Africa was over 372 million head, and around 16% of these were used for milk production.
Interest in goat milk is driven by its potential uses in biological, nutritional, and biological applications, in addition to its acceptance as a food source. Goat milk has subsequently become one of the newest trends in functional foods in several African and Middle Eastern countries.
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Goat Milk Products Market Scope
Goat Milk Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Saputo Inc | View profile | 19,200 | 6869 Metropolitain Boulevard East, St-Leonard, Montreal, QC, Canada, H1P 1X8 | www.saputo.com |
| Ausnutria Dairy Corp Ltd | View profile | 3,620 | 168-200 Connaught Road Central, Unit 16, 36th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, Hong Kong | www.ausnutria.com.hk |
| GOAT Industries Ltd | View profile | 1 | 810 - 789 West Pender Street, Vancouver, BC, Canada, V6C 1H2 | www.goatindustries.co |
| Emmi AG | View profile | 9,296 | Landenbergstrasse 1, Lucerne, Switzerland, CH-6005 | www.emmi.com |
| Holle baby food | View profile | 1-10 | Riehen, Basel-Stadt, Switzerland, Europe | www.holle.ch/en/ |
| St Helen's Farm | View profile | 11-50 | York, York, United Kingdom, Europe | sthelensfarm.co.uk |
| Hewitt’s Dairy | View profile | 51-100 | Hagersville, Ontario, Canada, North America | www.hewittsdairy.com |
| Hipp | View profile | 1001-5000 | Pfaffenhofen, Baden-Wurttemberg, Germany, Europe | hipp.de |
| Courtyard Farms | View profile | 11-50 | New Delhi, Delhi, India, Asia | www.courtyardfarms.com |
Middle East & Africa Goat Milk Products Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Goat Milk Products Market Outlook will help companies and investors design strategic landscapes.
Liquid Milk was the largest segment with a revenue share of 62.29% in 2023.
Horizon Databook has segmented the Middle East & Africa goat milk products market based on liquid milk, powdered milk covering the revenue growth of each sub-segment from 2018 to 2030.
As per the National Center for Biotechnology Information (NCBI), in 2019, the goat population in sub Saharan Africa was over 372 million head, and around 16% of these were used for milk production.
Interest in goat milk is driven by its potential uses in biological, nutritional, and biological applications, in addition to its acceptance as a food source. Goat milk has subsequently become one of the newest trends in functional foods in several African and Middle Eastern countries.
- Middle East & Africa Goat Milk Products Market Product Type Outlook (Revenue, USD Million , 2018-2030)
- Liquid Milk
- Powdered Milk
- Middle East & Africa Goat Milk Products Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- B2B
- B2C
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Goat Milk Products Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Goat Milk Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Goat Milk Products Market, 2018-2030 (US$M)
MEA goat milk products statistics, by product, 2018-2030 (US$M)
