Goat Milk-Based Infant Formula Market, trends, share, industry size, growth, opportunities, and forecast by 2030

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Goat Milk-Based Infant Formula Market was valued at USD 10.21 billion in 2022 and is expected to reach USD 18.14 billion by 2030, registering a CAGR of 7.8% during the forecast period of 2023-2030.

Market Overview

Goat milk formula has identical prebiotic properties to human breast milk because it comprises 14 naturally occurring oligosaccharides prebiotics, five of which are present in breast milk. The goat's milk formula is primarily developed and sold as the primary raw ingredient for feeding babies and infants.

Explore Further Details about This Research Goat Milk-Based Infant Formula Market Report https://www.databridgemarketresearch.com/reports/global-goat-milk-based-infant-formula-market

Goat Milk-Based Infant Formula Market Dynamics

Drivers

Inclination towards Healthy Lifestyle

The increase in the consumer preference for dietary improvements acts as one of the major factors driving the growth of goat milk-based infant formula market. The rise in trend of leading a healthy lifestyle among all age groups shifting to healthy and innovative approach have a positive impact on the industry.

Benefits of Goat Milk

The increase in the awareness regarding several benefits of goat milk especially among the health-conscious consumers further influence the market. The shift in lactose-intolerant individuals towards goat milk owing to its lower lactose levels assists in the expansion of the market.

In addition, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the nutrition plan positively affect the goat milk-based infant formula market.

Opportunity

Rising Incidence of Lactose Intolerance and Cow's Milk Allergies

A significant number of infants are diagnosed with lactose intolerance or cow's milk allergies. Goat milk-based infant formula is often considered a suitable alternative due to its lower lactose content and differences in protein structures. This provides a niche market for specialized infant formula products.

Some of the major players operating in the goat milk-based infant formula market are

Dairy Goat Co-operative (N.Z.) Limited (U.S.)
Danone (France)
AUSNUTRIA (Hong Kong)
Little Bundle (Netherlands)
Danalac (Denmark)
Orient EuroPharma Co., Ltd. (Taiwan)
Bubs Organic, LLC. (Australia)
Shaanxi Hongxing Meiling Dairy Co., Ltd. (China)
Xi'an Baiyue Goat Milk Group Co., Ltd. (China)
Kabrita (Canada)
MT. CAPRA (U.S.)
Vitagermine (France)
Oli6 (Australia)
Formuland Inc. (U.S.)
Aotearoa Nutrients (New Zealand)
Nannycare Ltd. (U.K.)

Key Insights Of Goat Milk-Based Infant Formula Market Report

The report comprises a detailed analysis of different segments and offers market valuations between 2023 to 2030.
This study presents the analytical depiction of the Goat Milk-Based Infant Formula Market with the current trends and future estimations to determine the imminent investment pockets
The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global Goat Milk-Based Infant Formula Market
The forecast period of the Goat Milk-Based Infant Formula Market is assessed from 2024 to 2030 to highlight the Goat Milk-Based Infant Formula Market growth scenario.
Porter’s five forces analysis establishes the effectiveness of the buyers and suppliers in the business line.
The key players in the industry are profiled to gain an understanding of the strategies adopted by them.
This report provides the current trends and future estimations during the forecast period, which in turn aids in identify the prevailing market opportunities.

The company portfolio includes company synopsis, operating business sectors, business overview, product/service categories, and recent growth strategies adopted by them.

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