The evaporated goat milk market size is expected to see steady growth in the next few years. It will grow to $6.91 billion in 2029 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to functional and fortified varieties, global increase in goat milk production, rise in specialty diets, focus on local and artisanal products, government support for dairy alternatives. Major trends in the forecast period include product innovation and flavor variations, clean label and natural positioning, availability in retail channels, sustainability and ethical farming, allergen-friendly attributes, and globalization of goat milk products.
The anticipated growth of the evaporated goat milk market is driven by the increasing population of individuals with lactose intolerance. Lactose intolerance is a condition where the body is incapable of fully digesting lactose, a sugar present in milk and dairy products, due to a deficiency of lactase, the enzyme responsible for breaking down lactose in the small intestine. Goat's milk, with smaller lipid molecules compared to cow's milk, is easier to digest for individuals with weak digestive systems, such as those who are lactose intolerant. As of 2023, a report from the World Population Review indicates that approximately 65% of the global population is lactose intolerant, with the highest prevalence observed in East Asians (70-100%), Ghanaians (100%), South Koreans (100%), and Vietnamese (98%). Hence, the increasing lactose-intolerant population is a driving factor for the growth of the evaporated goat milk market.
The growing preference for healthier food options is anticipated to drive the expansion of the evaporated goat milk market in the coming years. Healthier food options reflect a shift in consumer choices toward foods perceived to enhance overall health and wellness. Evaporated goat milk serves as a nutritious alternative, offering lower lactose content and rich nutrients, which align with this trend. For example, in January 2023, a report by the Plant Based Foods Association, a U.S.-based food and beverage organization, highlighted that plant-based food sales saw 6.6% growth in 2022, up from 5.9% in 2021, alongside a 10% increase in average retail prices. Consequently, the rising demand for healthier food options is supporting the growth of the evaporated goat milk market.
The anticipated growth of the evaporated goat milk market is expected to be propelled by the rise in disposable income. Disposable income is the total amount of money available to an individual or household for spending and saving after tax deductions. Increasing disposable incomes typically lead to heightened demand for a variety of higher-quality and health-oriented products. This trend is likely to have a positive impact on the evaporated goat milk market, encouraging innovation, expanding the market, and enhancing consumer accessibility. For instance, in 2023, according to Trading Economics, a Japan-based economic indicator, disposable income in Japan increased from 412.82 JPY thousand ($3,014.64) in March 2022 to 463.91 JPY thousand ($3,387.76) in February 2023. Therefore, the rise in disposable income is a key driver for the evaporated goat milk market.
Leading companies in the evaporated goat milk market are concentrating on innovative products, like milk powder, to extend shelf life, enhance nutritional benefits, and meet the rising consumer demand for convenient, healthy dairy alternatives. Milk powder is made by evaporating the water content from milk, creating a fine, dry powder that retains the nutritional benefits of fresh milk. For example, in August 2024, Karnlea, an Ireland-based pet nutrition company, introduced Goat Milk Plus, a product enriched with prebiotics, probiotics, and postbiotics to support gut health and boost the immune system in pets. According to Karnlea, this new formula not only provides essential nutrients but also promotes overall health and strengthens immunity in pets.
In December 2022, Jackson-Mitchell, a US-based dairy goat company specializing in evaporated goat milk, entered into a merger with Redwood Hill Farm, with the financial details undisclosed. The merger resulted in the formation of a new entity named Darey Brands, seeking to enhance milk supply and operational efficiencies. Redwood Hill Farm is a US-based company engaged in the production of goat dairy products.
Major companies operating in the evaporated goat milk market include Meyenberg Goat Milk, Nestlé S.A, Eagle Family Foods Group LLC, Alokozay Group, DANA Dairy Group LTD., Alaska Milk Corporation, HOLLAND DAIRY FOODS LLC, O-AT-KA Milk Products LLC, DMK Deutsches Milchkontor GmbH, Delta Food Industries FZC, Yotsuba Milk Products Co. Ltd., Nutricima Limited, Zhejiang Panda Dairy Products Co. Ltd., St Helen’s Farm, Stickney Hill Dairy Inc., Ausnutria Dairy Corporation Ltd., Goat Partners International Inc., Holle baby food AG, Vistara Farms Private Limited, Hewitt’s Dairy, Woolwich Dairy Inc., Xi'an Baiyue Goat Dairy Group Co. Ltd., Haystack Mountain Creamery, Courtyard Farms, Nubian Heritage Dairy Goat Farm, AVH Dairy Trade B.V., Coach Farm, Goat Lady Dairy, Belle Chevre Cheese Shop & Tasting Room, Firefly Farms Creamery & Market.
Europe was the dominate region in the evaporated goat milk market in 2024. The regions covered in the evaporated goat milk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the evaporated goat milk market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Evaporated goat milk is a variety of milk subjected to heating to eliminate a significant portion of its water content, resulting in a concentrated, creamy milk product. In this process, fresh goat milk undergoes heating until approximately 60% of the water content is evaporated, producing a thicker, creamier texture and a more robust flavor compared to regular goat milk. It finds applications in baking confections, pouring over cereals, as a beverage, and in various recipes requiring milk.
The primary categories of evaporated goat milk are skimmed evaporated milk and whole evaporated milk. Skimmed evaporated milk is crafted by partially removing the water content from milk, and it is commonly employed in diverse food preparations such as dairy drinks, desserts, ice cream, cheese, baby foods, and dietary supplements. Major applications include its use in infant food, dairy products, bakeries, confectionery, among others. These products are made available through different distribution channels, including both online and offline platforms.
The evaporated goat milk market research report is one of a series of new reports that provides evaporated goat milk market statistics, including evaporated goat milk industry global market size, regional shares, competitors with a evaporated goat milk market share, detailed evaporated goat milk market segments, market trends and opportunities, and any further data you may need to thrive in the evaporated goat milk industry. This evaporated goat milk market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The evaporated goat milk market consists of sales of low-fat, skimmed, and semi-skimmed milk. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Evaporated Goat Milk Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on evaporated goat milk market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for evaporated goat milk? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The evaporated goat milk market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Skimmed Evaporated Milk; Whole Evaporated Milk2) By Application: Infant Food; Dairy Products; Bakeries; Confectionery; Other Applications
3) By Distribution Channel: Online; Offline
Subsegments:
1) By Skimmed Evaporated Milk: Low-Fat Evaporated Goat Milk; Fat-Free Evaporated Goat Milk2) By Whole Evaporated Milk: Full-Fat Evaporated Goat Milk; Regular Evaporated Goat Milk
Key Companies Mentioned: Meyenberg Goat Milk; Nestlé S.A; Eagle Family Foods Group LLC; Alokozay Group; DANA Dairy Group LTD.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Meyenberg Goat Milk
- Nestlé S.A
- Eagle Family Foods Group LLC
- Alokozay Group
- DANA Dairy Group LTD.
- Alaska Milk Corporation
- HOLLAND DAIRY FOODS LLC
- O-AT-KA Milk Products LLC
- DMK Deutsches Milchkontor GmbH
- Delta Food Industries FZC
- Yotsuba Milk Products Co. Ltd.
- Nutricima Limited
- Zhejiang Panda Dairy Products Co. Ltd.
- St Helen’s Farm
- Stickney Hill Dairy Inc.
- Ausnutria Dairy Corporation Ltd.
- Goat Partners International Inc.
- Holle baby food AG
- Vistara Farms Private Limited
- Hewitt’s Dairy
- Woolwich Dairy Inc.
- Xi'an Baiyue Goat Dairy Group Co. Ltd.
- Haystack Mountain Creamery
- Courtyard Farms
- Nubian Heritage Dairy Goat Farm
- AVH Dairy Trade B.V.
- Coach Farm
- Goat Lady Dairy
- Belle Chevre Cheese Shop & Tasting Room
- Firefly Farms Creamery & Market
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 6.05 Billion |
Forecasted Market Value ( USD | $ 6.91 Billion |
Compound Annual Growth Rate | 3.4% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |