The global goat milk market is set to reach $18.28 billion by 2033, driven by health trends, increased lactose intolerance, and a growing demand for organic alternatives.
The global goat milk market is experiencing significant growth, and it is expected to reach a valuation of $18.28 billion by 2033. This projected growth, as outlined by the latest report from ResearchAndMarkets.com, highlights a compound annual growth rate (CAGR) of 4.46% from 2025 to 2033. The market is primarily being driven by rising consumer health consciousness, increasing lactose intolerance, and a growing preference for organic, natural dairy products.
Goat milk, due to its naturally lower lactose content, is gaining popularity as a preferred alternative to cow milk, especially among those with lactose intolerance, which affects about 65% of the global population and a higher rate in regions such as East Asia. The milk’s ease of digestion, coupled with its rich nutritional profile—offering essential minerals like calcium, protein, and vitamins—further contributes to its appeal.
Key Market Drivers and Challenges
Despite the positive market outlook, there are challenges to consider. The primary challenge for the industry remains the limited supply, as goats produce less milk compared to cows. In addition, plant-based alternatives such as almond, soy, and oat milk present growing competition.
Regional Insights
The Asia-Pacific region is expected to lead in terms of revenue share due to the high prevalence of lactose intolerance. Additionally, markets in North America and Europe are also witnessing increased consumer demand for dairy alternatives, contributing to the market’s expansion. The Middle East and Africa remain strong traditional markets for goat milk products.
US Market Developments
In the United States, goat milk’s popularity continues to grow, with significant developments such as the approval of goat milk-based infant formulas by the FDA. Brands like Kendamil and Kabrita are now offering these alternatives in response to the demand for more natural and gentle products for infants.
Key Industry Players
Prominent players in the global goat milk market include companies such as Ausnutria Dairy Corporation Ltd., AVH Dairy Trade B.V., Goat Partners International, Granarolo S.p.A., Meyenberg, Redwood Hill Farm & Creamery, and St Helen’s Farm.
As the global market continues to grow, industry stakeholders are adapting to the evolving demand for goat milk products, recognizing the potential for long-term expansion driven by health trends and changing consumer preferences.