Global Goat Milk Products Market Size & Outlook Updates

Goat Milk Market Outlook 2024: a resilient growth from $5.75 billion in 2023 to $6.63 billion by 2028
The global evaporated goat milk market is on an upward trajectory, fueled by its nutrient-rich profile and growing popularity as a lactose-alternative.

The goat milk products industry worldwide is expected to reach a projected revenue of US$ 17,908.3 million by 2030. A compound annual growth rate of 4.7% is expected of the worldwide goat milk products industry from 2024 to 2030.

Global goat milk products market highlights:

  • The global goat milk products market generated a revenue of US$ 12,956.3 million in 2023 and is expected to reach US$ 17,908.3 million by 2030.
  • Market analysis by Research and Markets, featured on a premier research platform, projects a resilient growth from $5.75 billion in 2023 to an estimated $6.63 billion by 2028, supported by a compound annual growth rate (CAGR) of 3.0%.
  • The market is expected to grow at a CAGR (2024 – 2030) of 4.7% by 2030.
  • In terms of segment, liquid milk accounted for a revenue of US$ 8,244.6 million in 2023.
  • Powdered Milk is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

Key Growth Drivers:

  • Health and Wellness Trends: Increasing consumer awareness regarding the health benefits of goat milk and its culinary versatility.
  • Lactose Intolerance Prevalence: The rise in lactose-intolerant populations globally contributes to the growing acceptance of evaporated goat milk.
  • Disposable Income Surge: Growing disposable income across regions propels the demand for premium and health-conscious products.
  • Vegan and Dairy-Free Lifestyles: The shift towards vegan and dairy-free lifestyles is a significant factor influencing market expansion.

Factors Propelling Growth:

  • Consumer Awareness: Rising understanding of the nutritional advantages of evaporated goat milk, especially suitable for children and those with dietary restrictions.
  • Technological Advances: Ongoing efforts in product innovation and technological advancements by key industry players.
  • Government Support: Favorable policies and government backing for dairy alternatives and lactose-intolerant friendly products.
  • Functional Variations: Availability of functional and fortified goat milk options catering to modern consumer preferences.

Regional Dynamics and Market Segmentation:

Europe Dominance: Europe stands as a prominent player, followed by contributions from Asia-Pacific, North America, and the MEA region.

Category Segmentation: The market is categorized into whole evaporated milk and skimmed evaporated milk, each finding application in areas such as infant food, dairy products, confectionery, and bakeries.

Distribution Channels: Both online and offline channels contribute to the accessibility of evaporated goat milk products.

This comprehensive report provides valuable insights into the evolving landscape of the evaporated goat milk market, offering a strategic perspective for industry stakeholders navigating this dynamic and growing sector.

 

An Easy Smoky Halloumi Burgers Recipe

Easy halloumi burgers
Whip this burger up for a veggie barbecue or a quick this coming Friday dinner.

This easy smoky halloumi burger will make you rethink burgers forever.

 

Preparation time less than 30 mins, Cooking time less than 10 mins Serves 2

Ingredients:

  • 200g/7oz halloumi cheese#ad, thickly sliced
  • 2 tbsp olive oil
  • 2 portobello mushrooms, wiped clean and stalks removed
  • 2 brioche buns, cut in half
  • 2 tbsp finely chopped onion
  • 2 tbsp finely chopped tomato
  • 2 tbsp finely chopped cucumber
  • 2 tbsp finely chopped fresh mint
  • 1 lime, juice only
  • 4 tbsp hummus
  • 1 large tomato, thickly sliced
  • 4 romaine lettuce leaves, roughly torn
  • salt and freshly ground black pepper

Directions:

  • Heat a griddle pan or barbecue until hot. Brush half the oil over the mushrooms and season well. Place on the griddle pan or barbecue and cook for 6–8 minutes, turning them over halfway through cooking.
  • Meanwhile, brush the remaining oil over the halloumi slices and cut-side of the brioche buns. Cook for 2–3 minutes, or until lightly charred.
  • Mix together the chopped onion, tomato, cucumber and mint with the lime juice and season well.
  • To assemble the burgers, put a mushroom on the bottom brioche half and spread over the hummus. Top with the sliced tomato, lettuce and halloumi.#ad Spoon over the onion and tomato relish, sandwich with the brioche lid and eat straight away.

*Recipe Tips

If you can’t find brioche buns then normal burger buns will also work well with this recipe.

 

How To Make White Sauce

All-in-one white sauce
This basic white sauce recipe (aka béchamel sauce) is so versatile, and can be dressed-up or dressed-down for any occasion.  You can add cheese, or flavour the milk with onion or bay. Follow the simple steps and tips to avoid lumps and add flavour.

 

Preparation time less than 30 mins, Cooking time 10 to 30 mins Serves Makes 1 pint

 

Ingredients:

  • 500ml/18fl oz goat milk
  • 40g/2oz butter
  • 40g/2oz plain flour
  • salt and white pepper

 

Directions:

  • Melt the butter in a saucepan.
  • Stir in the flour and cook for 1-2 minutes.
  • Take the pan off the heat and gradually stir in one-third of the milk. Return to the heat and simmer, stirring, until all the milk is absorbed.
  • Repeat this process, stirring all the time, allowing the sauce to become thick and shiny before adding more milk.
  • When all the milk is added bring to the boil. Simmer gently for 8-10 minutes and season with salt and white pepper.

 

*Recipe Tips

You can infuse the milk with a bay leaf or half a peeled onion for an extra layer flavour. This white sauce, also called bechamel sauce, is used as part of a lasagne.

Opinions differ as to whether the milk added to a white sauce should be hot or cold. Some say that using cold milk in a hot roux gives the sauce more time to absorb the liquid and will result in fewer lumps. Others advocate hot milk to help melt the roux. The choice is yours.