Latin America Goat Milk Products Market Size & Outlook
Latin America goat milk products market, 2018-2030 (US$M)
Related Markets
Latin America goat milk products market highlights
- The Latin America goat milk products market generated a revenue of USD 754.7 million in 2023.
- The market is expected to grow at a CAGR of 4.4% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 754.7 million |
| Market revenue in 2030 | USD 1,021.9 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Liquid milk |
| Fastest growing segment | Powdered Milk |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 5.8% of the global goat milk products market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,372.0 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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Latin America 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 64.03% in 2023. Horizon Databook has segmented the Latin America goat milk products market based on liquid milk, powdered milk covering the revenue growth of each sub-segment from 2018 to 2030.
Dairy goat production remains a crucial component of the livestock business in Central and South America and the Caribbean islands from an economic, social, and cultural standpoint. Goat milk, milk powder, cheese, and other dairy products provide various nutritional, health, and environmental benefits.
Commercial farms are becoming increasingly significant due to the growing demand for locally produced goat cheese. Brazil has the most developed dairy goat industry in South America, and the government offers assistance to low-income and small-scale farmers.
As of 2017, the Food and Agriculture Organization of the United Nations (FAO) recognized Bolivia, Peru, Haiti, and Jamaica as having significant goat milk production in the Western Hemisphere.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America goat milk products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America goat milk products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America goat milk products size, by country, 2018-2030 (US$M)
Latin America Goat Milk Products Market Outlook Share, 2023 & 2030 (US$M)
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