The High Demand for Goat Milk
Infant Formulas is Propelling Growth
The global goat milk powder market is
expected to reach revenues of around $5 billion by 2024, growing at a CAGR of
approximately 9% during 2018-2024.
The emergence of European countries such as Germany,
the UK, France, the Netherlands, and Spain as the major importers and exporters
of goat cheese will positively impact the global market. The rise of new trade
benefits that aid the availability of dairy products with the help of chillers
and cold chain logistics for categories like yogurt and fresh milk will propel
the growth of the market.
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