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.

 

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.

 

Sunday Baked Pork and Potatoes – Popular Gourmet Recipe

 

Sunday Pork & Potatoes Recipe - CooksRecipes.com

Main dish at it’s best. Baked chops top sliced potatoes for this substantial dish.

 

This recipe requires total 2 hours 20 minutes time, and Serves 6.

 

Ingredients:

 

  • 1/2 cup goats milk
  • 2 cups cheddar cheese (shredded)
  • 6 New York (top loin) pork chops (3/4-inch thick)
  • 2 Tbsp. vegetable oil
  • 6 medium potatoes (sliced)
  • 1 onions (large, halved and thinly sliced)
  • salt (to taste)
  • black pepper (to taste)
  • 75 oz. cream of mushroom soup
  • 8 oz. sour cream (carton)

Directions:

 

  • Pre-heat oven to 325 degrees F. Cook chops, half at a time, in hot oil in large skillet until lightly brown, turning once. Spray 9×13-inch baking dish with non-stick spray. Arrange sliced potatoes and onion evenly in baking dish. Sprinkle with salt and pepper.
  • Stir together cream of mushroom soup, sour cream and milk in medium bowl. Stir in 1 cup of the Cheddar cheese. Spoon soup mixture evenly over potatoes and onion in baking dish. Arrange chops on top.
  • Cover chops and potatoes with foil. Place baking dish on baking sheet. Bake about 2 hours or until potatoes are tender and chops have internal temperature on a thermometer reads 150 degrees F. Uncover. Sprinkle with remaining 1 cup Cheddar cheese. Bake about 10 minutes more or until cheese melts and internal temperature on a thermometer reads 160 degrees F. Let stand for 10 minutes before serving.
  • SHORTCUT SUNDAY PORK & POTATOES: Brown chops as above. Meanwhile, cook sliced potatoes and onion in heavy large covered pot in enough boiling water to cover for 5 minutes. Drain well. Continue as above, except cover and bake until internal temperature of chops is 160 degrees F., about 1 hour. Uncover. Sprinkle with remaining 1 cup Cheddar cheese. Bake about 10 minutes more or until cheese melts. Let stand for 10 minutes before serving.

 

Serving Suggestions

A shortcut is also given at the end of the recipe (above) for those weeknights you need a hearty dinner. Serve with green beans, apple salad and a tall glass of milk.

 

Each serving provides 758 kcal; protein 47g, carbohydrates 39g, fat 46g, cholesterol 156mg, fibre 3g, and salt 888mg.