The goat cheese market size is expected to see strong growth in the next few years. It will grow to $7.62 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The forecasted growth in the upcoming period can be attributed to rising health consciousness, the expanding market for dairy alternatives, the growing popularity of premium foods, increased demand for goat milk among lactose-intolerant individuals, the growing significance of e-commerce platforms, and rising cheese consumption trends. Key trends anticipated in the forecast period include advancements in production technology, the adoption of sustainable and ethical farming practices, innovations in packaging, consumer preferences shifting towards organic and natural products, and the increasing popularity of artisanal and specialty goat cheeses.
The goat cheese market is poised for growth due to increasing demand for ready-to-eat food products. These products, which require no additional cooking or preparation, are favored for their convenience, catering to busy lifestyles and a growing interest in health-conscious eating. Goat cheese, known for its perceived health benefits such as lower lactose and higher digestibility, aligns well with the trend towards natural, nutritious ingredients in ready-to-eat options. It is widely used in various ready-to-eat foods to enhance flavor, texture, and nutritional value.
Major companies in the goat cheese market are focusing on innovation, particularly in gourmet goat cheese products, to broaden consumer choices and enhance culinary experiences. Gourmet goat cheese refers to high-quality artisan-style cheeses with distinctive flavors and premium ingredients. For instance, Saputo Cheese USA Inc., known for its Montchevre brand, recently introduced new products such as topped goat cheeses and a hibiscus berry goat cheese log. The Montchevre Hibiscus Berry Goat Cheese log offers a rich flavor profile with notes of sharp acidity and sweetness reminiscent of sangria. Other flavors include Cranberry Port, featuring a cranberry-forward taste that pairs well with prosecco, and Roasted Red Pepper, known for its bold pepper flavor that complements light wines.
In August 2022, Belle Chevre, a US-based artisanal goat cheese provider, acquired CHEVOO to expand its product offerings and maintain the high quality and unique flavors associated with CHEVOO's marinated goat cheese products.
Major companies operating in the goat cheese market are Agrial, Montchevre, Vermont Creamery, Granarolo S.p.A., Cypress Grove Chevre Inc., Redwood Hill Farm & Creamery, Laura Chenel, St. Helen's Farm, Saputo Cheese USA Inc., Henri Willig Kaas, Haystack Mountain Creamery, Stickney Hill Dairy Inc., Dejong Cheese, Amsterdam Cheese Company, Belle Chevre, Capriole, Goat Lady Dairy, Delamere Dairy, The Welsh Cheese Company, Lácteos Segarra.
Europe was the largest region in the global goat cheese market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the goat cheese market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the goat cheese market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Goat cheese, commonly referred to as chevre, is made from goat milk and is characterized by its tangy flavor and creamy consistency. It is widely used in salads, pizzas, desserts, and gourmet cuisine, valued for its distinct taste and nutritional profile.
There are several types of goat cheese, including fresh goat cheese (chevre), aged varieties, flavored options, and others. Fresh goat cheese, also known as chevre, is a soft and creamy cheese crafted from goat's milk. Typically unaged, it boasts a tangy yet mild flavor and a smooth texture. It comes in a variety of flavors such as earthy, tangy, and tart, and is available in forms ranging from soft to semi-soft, firm, ripened, and aged. Goat cheese is distributed through diverse channels including supermarkets, hypermarkets, convenience stores, online retail platforms, and more.
The goat cheese market research report is one of a series of new reports that provides goat cheese market statistics, including the goat cheese industry global market size, regional shares, competitors with goat cheese market share, detailed goat cheese market segments, market trends, and opportunities, and any further data you may need to thrive in the goat cheese industry. These goat cheese market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The goat cheese market consists of sales of goat cheese logs, blue goat cheese, goat brie, and goat gouda. 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.
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Table of Contents
Executive Summary
Goat Cheese Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on goat cheese 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.
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Description
Where is the largest and fastest growing market for goat cheese? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The goat cheese 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 impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- 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: Fresh Goat Cheese, Aged Goat Cheese; Flavored Goat Cheese; Other Types2) By Flavor: Earthy; Tangy; Tart
3) By Form: Soft Cheese; Semi-Soft Cheese; Firm Cheese; Ripened Cheese; Aged Cheese
4) By Distribution Channel: Supermarkets Or Hypermarkets; Convenience Stores; Online Retail Stores; Other Distribution Channels
Key Companies Mentioned: Agrial; Montchevre; Vermont Creamery; Granarolo S.p.A.; Cypress Grove Chevre Inc.
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
- Agrial
- Montchevre
- Vermont Creamery
- Granarolo S.p.A.
- Cypress Grove Chevre Inc.
- Redwood Hill Farm & Creamery
- Laura Chenel
- St. Helen's Farm
- Saputo Cheese USA Inc.
- Henri Willig Kaas
- Haystack Mountain Creamery
- Stickney Hill Dairy Inc.
- Dejong Cheese
- Amsterdam Cheese Company
- Belle Chevre
- Capriole
- Goat Lady Dairy
- Delamere Dairy
- The Welsh Cheese Company
- Lácteos Segarra
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 6.03 Billion |
Forecasted Market Value ( USD | $ 7.62 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |