The global goat milk market is experiencing significant growth, driven by increasing consumer demand for dairy alternatives that offer nutritional benefits and are easier to digest compared to cow's milk. Goat milk is rich in essential nutrients such as calcium, protein, and vitamins, making it a popular choice for individuals with lactose intolerance or milk allergies. The market is also benefiting from rising awareness of the health benefits of goat milk, including its lower cholesterol content and potential antimicrobial properties. Additionally, the growing popularity of goat milk-based products such as cheese, yogurt, and infant formula is driving market expansion, particularly in North America, Europe, and parts of Asia. The demand for organic and sustainably sourced goat milk is further fueling market growth as consumers prioritize natural and eco-friendly products.
Global Goat Milk Market is valued at USD 10.21 billion in 2023 and is expected to reach USD 15.26 billion by 2031, with a growing CAGR of 5.2% during the forecast period of 2024 to 2031.
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Below are the Top Goat Milk Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Ausnutria Dairy Corporation Ltd.
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Ausnutria Dairy Corporation is a leading producer of goat milk products, specializing in powdered milk, infant formula, and other dairy-based products. The company focuses on high-quality, nutritious goat milk products and has established a strong presence in the global dairy industry, with a significant share in the goat milk market.
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North America, South America, Middle East and Africa, Asia-Pacific, and Europe
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In July 2024, Ausnutria Dairy Corp. intends to acquire the remaining 50% stake in Amalthea, a Netherlands-based organic goat’s cheese cooperative. In 2022, the goat’s milk infant formula supplier had agreed to pay EUR 18.4 million (approximately $18.3 million at the time) for the initial 50% ownership of Amalthea, located in Rijen in the southern Netherlands.
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2.
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Emmi Group
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Emmi Group is a prominent Swiss dairy company, producing a wide range of dairy products, including goat milk products. The company emphasizes high-quality, sustainable dairy production and has a growing global presence, especially in the goat milk sector, offering a variety of cheeses, yogurts, and liquid milk products.
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North America, South America, Middle East and Africa, Asia-Pacific, and Europe
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In April 2024, Laticínios Porto Alegre, a subsidiary of the Emmi Group, is set to acquire a majority shareholding in the Verde Campo dairy from Coca-Cola in Minas Gerais, Brazil. This strategic move will strengthen Emmi’s position in the key Brazilian market.
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3.
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Dairy Goat Co-operative (N.Z) Ltd
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Dairy Goat Co-operative (N.Z) Ltd. is a New Zealand-based cooperative focused on producing premium goat milk products. Known for its high-quality goat milk powder and infant formulas, the company is recognized globally for providing safe, nutritious, and sustainable dairy solutions from goats.
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Asia-Pacific
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In May 2024, Alastair Hulbert was appointed CEO of Dairy Goat Co-operative (NZ) Ltd (DGC), offering a sense of optimism for the co-operative's future, while recognizing the challenges that lie ahead over the next two to three years. DGC has recently made key leadership and strategic changes to better navigate the evolving challenges in the goat milk market.
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4.
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Holle Baby Food AG
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Holle Baby Food is a leading producer of organic baby food, specializing in goat milk-based infant formulas. The company prioritizes organic and sustainable farming practices, offering a range of nutritious goat milk formulas, alongside other organic dairy and plant-based products for babies.
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North America, South America, Middle East and Africa, Asia-Pacific, and Europe
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In July 2024, Holle again nominated for the German Sustainability Award. Since 2008, the award has recognised exemplary achievements and significant progress in the areas of climate protection, resource efficiency, nature conservation, fair value chains and social commitment.
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5.
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Granarolo S.p.A
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Granarolo S.p.A. is a major Italian dairy producer offering a wide range of dairy products, including goat milk. The company has a strong presence in the European market, focusing on providing high-quality, nutritious goat milk for both domestic consumption and export markets, catering to the growing demand for specialized dairy products.
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North America, South America, Middle East and Africa, Asia-Pacific, and Europe
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In November 2023, Granarolo S.p.A. celebrated a resounding success at the 35th edition of the World Cheese Awards, in goat milk cheese production, contributed to this achievement with their exceptional quality products. This recognition highlights Granarolo's commitment to excellence and innovation in the dairy industry.
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Conclusion
The global goat milk market is set for continued growth, driven by increasing consumer preference for nutritious and easily digestible dairy alternatives. As awareness of its health benefits—such as improved digestibility, lower cholesterol, and nutrient richness—grows, goat milk is becoming a popular choice, particularly for individuals with lactose intolerance or milk allergies. The rise in demand for goat milk-based products like cheese, yogurt, and infant formula, along with a growing emphasis on organic and sustainable sourcing, is further fueling market expansion.
