Global Goat Milk Infant Formula Market Projected To Grow At A CAGR Of 7.2% During 2018-2022

Date: 2018-02-05

Goat Milk Infant Formula or dried goat milk is a manufactured dairy product made by evaporating milk to dryness. One purpose of drying milk is to preserve it; milk powder has a far longer shelf life than liquid milk and does not need to be refrigerated, due to its low moisture content. Another purpose is to reduce its bulk for economy of transportation.

The increasing population has led to the rising demand for Goat Milk Infant Formula, which is expected to drive consumers to choose the Goat Milk Infant Formula, and propel the growth for the Goat Milk Infant Formula across the globe, according to research, the global Goat Milk Infant Formula market is projected to grow at a CAGR of 7.2% over 2018-20222.

On the basis of geography, Asia Pacific is expected to maintain the largest producer of goat milk across the globe for the forecast period, according to research, the top three producers are India which produced approximately 5,700,000 tons in 2017, followed by Bangladesh, 3,100,000 tons produced, and the Sudan ranked the position of third largest by producing 1,900,000 tons in 2017.

The Europe is expected as the second largest producer market in the world due to main producer such as the France, Spain, Greece, all of them produces over 450,000 metric tons per year.

Goat Milk Infant Formulas contain all twenty-one standard amino acids, the building blocks of proteins, and are high in soluble vitamins and minerals. According to USAID, the typical average amounts of major nutrients in the unreconstituted nonfat dry milk are (by weight) 36% protein, 52% carbohydrates (predominantly lactose), calcium 1.3%, potassium 1.8%.

Global top manufacturers operating in Goat Milk Infant Formula market are FIT, CBM, Australian Nature Dairy, Avhdairy, Red Star, Lotioncrafter among others.

Global Goat Milk Infant Formula market share by geography as following:

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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