Global Goat Milk Powder Market Projected To Grow At A CAGR Of 7.2% During 2017-2021

Date: 2017-08-22

Goat Milk Powder 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 growing expanding population has led to the rise in demand for goat milk powder is considered as the factor to drive consumers to choose the goat milk powder, which will propel the growth for the goat milk powder across the globe, according to research, the global Goat Milk Powder market is projected to grow at a CAGR of 7.2% over 2017-2021.

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 5,100,000 tons in 2016, followed by Bangladesh, 2,780,000 tons produced, and the Sudan ranked the position of third largest by producing 1,650,000 tons in 2016.

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 400,000 metric tons per year.

Goat Milk powders 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 Powder market are FIT, CBM, Australian Nature Dairy, Avhdairy, Red Star, Lotioncrafter among others.

Global Goat Milk Powder market share by geography as following:

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520


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