Saudi Arabia Goat Milk Products Market Size & Outlook
Saudi Arabia goat milk products market, 2018-2030 (US$M)
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Saudi Arabia goat milk products market highlights
- The Saudi Arabia goat milk products market generated a revenue of USD 292.0 million in 2023 and is expected to reach USD 388.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.1% 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 292.0 million |
| Market revenue in 2030 | USD 388.0 million |
| Growth rate | 4.1% (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, Saudi Arabia accounted for 2.3% 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 Middle East & Africa, South Africa goat milk products market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 532.3 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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Saudi Arabia 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 65.03% in 2023. Horizon Databook has segmented the Saudi Arabia goat milk products market based on liquid milk, powdered milk covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia has a high goat population, with around two million goats for producing milk, meat, and other dairy products. In Saudi Arabia, the goat milk products market is mainly driven by growing health consciousness.
The government is taking initiatives such as health and wellness campaigns organized for raising awareness about obesity, heart disease, diabetes, and cholesterol. It is suggesting ways to combat these issues and encouraging people to shift toward healthier products, which will bode well for goat milk and other dairy products made from goat milk.
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Target buyers of Saudi Arabia goat milk products market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Saudi Arabia goat milk products market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia goat milk products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia goat milk products size, by product, 2018-2030 (US$M)
Saudi Arabia Goat Milk Products Market Outlook Share, 2023 & 2030 (US$M)
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