Global Goat Cheese Market To Grow At A Steady CAGR of 5.29% During The Forecast Period

The global goat cheese market size was worth around USD 5.72 billion in 2022 and is predicted to grow to around USD 8.64 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.29% between 2023 and 2030.

Goat cheese is a popular cuisine that has been a part of several diet cultures across the globe for centuries. This form of cheese is made of goat’s milk instead of cow’s milk, which is a more traditional raw form of cheese and is consumed by a large segment of consumers. Milk once collected from goats is first coagulated by heating and combining it with starter cultures and rennet. Coagulation refers to the process of transforming liquid milk into a solid curd. The curds are then transferred to molds or baskets to allow further draining of whey. After draining, the goat cheese is often lightly salted to enhance flavor, improve shelf life, and aid in the preservation process. Depending on the type of goat cheese being produced, it may undergo an aging process.

This review is based on a report by Zion Market Research, titled "Goat Cheese Market By Flavor (Tangy & Tart And Earthy), By Type (Unprocessed And Processed), By Distribution Channel (Online Retailers, Modern Trade, Convenience Stores, And Others), By Form (Repined Cheese, Soft Cheese, Semi-Soft Cheese, Aged Cheese, And Firm Cheese), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030"- Report at https://www.zionmarketresearch.com/report/goat-cheese-market

The global goat cheese market is projected to grow owing to the increasing demand for specialty and artisanal products, including cheese and its various forms. Goat cheese has become an integral part of food products for this growing set of consumers mainly driven by the high demand for unique, high-quality, and locally sourced products. In addition to this, the several health benefits associated with the consumption of goat cheese are also crucial to industry expansion. It is perceived to be healthier than cow’s milk cheese. Goat cheese has a lesser quantity of lactose and hence is a suitable alternative for people with lactose intolerance.

Furthermore, it is also considered a high source of crucial nutrients such as calcium, vitamins, and minerals and hence has higher appeal to consumers who are health conscious. In addition to this, the rising number of players entering the goat cheese market, both at domestic and international levels could assist with higher growth. These players have adopted excellent marketing strategies to create a dedicated consumer segment. By promoting factors such as unique qualities, nutritional benefits, culinary applications, and using locally sourced milk, these industry players have tapped into emerging markets that could contribute to industry expansion.

However, the global goat cheese industry also suffers from major growth restraints. One such issue is the higher price sensitivity of goat cheese as compared to cow milk cheese due to the limited availability of raw materials. Furthermore, the industry continues to face tough competition from cheese made out of cow’s milk. Other factors such as lack of familiarity, difficulty in developing a taste for goat cheese, and relatively less option availability could also result in loss of revenue.

Increasing investment in product innovation and diversification could provide growth opportunities while the production cost may challenge market growth.

The global goat cheese market is segmented based on flavor, type, distribution channel, form, and region.

Based on flavor, the global market segments are tangy & tart, and earthy.

Based on type, the global market segments are unprocessed and processed. The goat cheese industry witnessed the highest growth in the unprocessed segment. It should be consumed within a short time once produced. Cheese is known for its tangy flavors and is widely used in salads, sandwiches, pastas, and dips. Processed goat cheese generally undergoes a maturation process which can range from a few weeks to several months. During the maturation process, the cheese is allowed to develop a more complex flavor profile and includes deeper, nuttier, and sometimes tangy or earthy notes. They are commonly enjoyed on cheese platters, paired with wine, or used in cooking for added richness and depth. As indicated by studies, a goat in its prime can produce up to 6 to 8 pounds of milk every day.

Based on distribution channel, the global market segments are online retailers, modern trade, convenience stores, and others.

Based on form, the goat cheese industry divisions are ripened cheese, soft cheese, semi-soft cheese, aged cheese, and firm cheese. The highest revenue was generated from the soft cheese segment. They are typically unripened and produce a more spreadable texture. They are often mild in flavor. Aged goat cheeses are also popular. These variants are allowed to mature for a longer time. On the other hand, firm cheese showcases a dense texture thus offering a substantial bite. Firm goat cheeses are well-suited for grating and slicing. Ripened cheese includes items such as bloomy rind cheeses, washed rind cheeses, and blue-veined cheeses. The ripening period of goat cheese ranged between 60 to 90 days.

Europe is projected to lead the global goat cheese market owing to the high production rate of cheese, in general, in several European territories such as the Netherlands, France, Spain, and Greece. Europe has long been considered the main region for tourists across the globe who wish to enjoy several types of cuisines. The food sector determines a large portion of the region's tourism industry. Furthermore, France is one of the world’s largest producers of some of the most expensive forms of cheese including the goat milk variant. These factors are likely to boost the regional market.

In North America, the growth is mainly due to the growing rate of the regional food & beverage industry since Canada and the US are home to some of the largest companies operating in the sector. The rising rate of strategic partnerships undertaken by these companies to enter new markets by collaborating with e-commerce companies and domestic players could further create higher growth opportunities.

Recent Developments:

• In January 2021, Laura Chenel, a dominant producer and supplier of fresh goat cheese for retail and restaurant applications, announced the launch of a fresh range of 4 oz. Logs, a replacement to the original 3.5 oz. Medallion Collection, in several flavors
• In July 2022, Kase, an Indian artisan cheese manufacturer, partnered with two local pastoralists from the Gujarat state of India to produce goat cheese and supply sheep milk

Goat Cheese Market: Competitive Analysis

The global goat cheese market is led by players like:

• Montchevre
• Belle Chevre
• Vermont Creamery
• Cypress Grove
• Capriole
• Redwood Hill Farm & Creamery
• Meyenberg Goat Milk Products
• Goat Lady Dairy
• Woolwich Dairy
• Haystack Mountain Goat Dairy
• Laura Chenel's
• Stickney Hill Dairy
• Avalanche Cheese Company
• Vermont Butter & Cheese Creamery
• Coach Farm
• Pure Luck Farm and Dairy
• Drake Family Farms
• Celebrity Goat Dairy
• Beltane Farm
• Carr Valley Cheese
• Saputo Inc.
• Lactalis Group
• Emmi Group
• Savencia Fromage & Dairy
• Groupe Bel.

The global goat cheese market is segmented as follows:

By Flavor

• Tangy & Tart
• Earthy

By Type

• Unprocessed
• Processed

By Distribution Channel

• Online Retailers
• Modern Trade
• Convenience Stores
• Others

By Form

• Repined Cheese
• Soft Cheese
• Semi-Soft Cheese
• Aged Cheese
• Firm Cheese

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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