India Goat Milk Products Market Size & Outlook, 2023-2030
India goat milk products market, 2018-2030 (US$M)
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India goat milk products market highlights
- The India goat milk products market generated a revenue of USD 2,631.4 million in 2023 and is expected to reach USD 3,677.6 million by 2030.
- The India market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, liquid milk was the largest revenue generating product in 2023.
- Powdered Milk is the most lucrative product segment registering the fastest growth during the forecast period.
Goat milk products market data book summary
| Market revenue in 2023 | USD 2,631.4 million |
| Market revenue in 2030 | USD 3,677.6 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Liquid milk |
| Fastest growing segment | Powdered Milk |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid Milk, Powdered Milk |
| Key market players worldwide | Ausnutria Dairy Corp Ltd, GOAT Industries Ltd, Saputo Inc, Emmi AG, Holle baby food, St Helen's Farm, Hewitt’s Dairy, Hipp, Courtyard Farms |
Other key industry trends
- In terms of revenue, India accounted for 20.3% of the global goat milk products market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India goat milk products market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,579.2 million by 2030.
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Goat Milk Products Market Scope
Goat Milk Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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India goat milk products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to goat milk products market will help companies and investors design strategic landscapes.
Liquid milk was the largest segment with a revenue share of 70.19% in 2023. Horizon Databook has segmented the India goat milk products market based on liquid milk, powdered milk covering the revenue growth of each sub-segment from 2018 to 2030.
Most state governments, in collaboration with banks and the National Bank for Agriculture and Rural Development (NABARD), offer subsidies to encourage goat farming. Different financial institutions offer loans at competitive rates to help individuals or groups to start goat farming or goat milk products businesses.
Loans are available for a variety of reasons, including the purchase of equipment, the purchase of goats & feed, building a shed, or to buy land. Demand for goat milk and milk products for internal consumption as well as export is expected to rise. Goat milk is mainly processed to make milk powder and cheese.
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Our clientele includes a mix of goat milk products market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India goat milk products market , including forecasts for subscribers. This country databook contains high-level insights into India goat milk products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India goat milk products size, by product, 2018-2030 (US$M)
India Goat Milk Products Market Outlook Share, 2023 & 2030 (US$M)
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