Mexico Goat Milk Products Market Size & Outlook, 2023-2030
Mexico goat milk products market, 2018-2030 (US$M)
Related Markets
Mexico goat milk products market highlights
- The Mexico goat milk products market generated a revenue of USD 111.9 million in 2023 and is expected to reach USD 163.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.6% 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 111.9 million |
| Market revenue in 2030 | USD 163.4 million |
| Growth rate | 5.6% (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, Mexico accounted for 0.9% 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 North America, U.S. goat milk products market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 163.4 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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Mexico 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 66.31% in 2023. Horizon Databook has segmented the Mexico goat milk products market based on liquid milk, powdered milk covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico’s rural communities continue to rely on goat production economically and culturally. The Mexican state of Guanajuato ranks second in the country in terms of goat milk production at 42.3 million liters annually. Commercial farms are becoming more and more significant as a result of the expanding demand for locally-produced, high-quality goat cheese.
On-farm production of artisanal cheese, yogurt, and other goods is still a common practice for small goat dairies, but larger processors are becoming more prevalent. Mass-produced goat cheese is largely available in supermarkets in all cities and even small towns across the country.
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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 country-level data and insights on the Mexico goat milk products market , including forecasts for subscribers. This country databook contains high-level insights into Mexico goat milk products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico goat milk products size, by product, 2018-2030 (US$M)
Mexico Goat Milk Products Market Outlook Share, 2023 & 2030 (US$M)
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