Overview and Scope
Goat cheese, commonly known as chevre, is a dairy product prepared from goat milk with a characteristic sour flavor and creamy texture. It is a versatile ingredient often used in salads, pizzas, desserts, and gourmet dishes, valued for its unique taste and nutritional benefits.
Sizing and Forecast
The goat cheese market size has grown strongly in recent years. It will grow from $5.70 billion in 2023 to $6.03 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to traditional consumption, awareness of goat milk benefits, dietary trends, expansion of gourmet food retailers, health and wellness movement, economic factors.
The goat cheese market size is expected to see strong growth in the next few years. It will grow to $7.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to growing health consciousness, expanding dairy alternatives, increasing popularity of premium foods, growing preference for goat milk by lactose-intolerant people, rising importance of e-commerce platforms, increasing cheese consumption. Major trends in the forecast period include technological advancements in production, adoption of sustainable and ethical farming practices, innovation in packaging, preferences of organic and natural products, growing popularity of artisanal and specialty goat cheeses.
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Segmentation & Regional Insights
The goat cheese market covered in this report is segmented –
1) By Type: Fresh Goat Cheese, Aged Goat Cheese, Flavored Goat Cheese, Other Types
2) By Flavour: Earthy, Tangy, Tart
3) By Form: Soft Cheese, Semi-Soft Cheese, Firm Cheese, Ripened Cheese, Aged Cheese
4) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels
Europe was the largest region in the global goat cheese market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the goat cheese market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for ready-to-eat food products is expected to propel the growth of the goat cheese market going forward. Ready-to-eat food products are pre-prepared meals or snacks that require no additional cooking or preparation before consumption. The demand for ready-to-eat foods is due to busy lifestyles, convenience, and growing interest in health-conscious and diverse culinary options. Goat cheese, perceived as healthier due to lower lactose and higher digestibility, aligns with the trend towards natural, nutritious ingredients in ready-to-eat options. It is a versatile ingredient used in various ready-to-eat food products, enhancing flavor, texture, and nutritional value. For instance, according to DPO International, a Malesia-based specialized food distribution company, the global consumption of ready-to-eat food meals is expected to amount to 101.60bn kg by 2029, with 4.6% in volume growth annually. Therefore, the increasing demand for ready-to-eat food products drives the growth of the goat cheese market.
Key Industry Players
Major companies operating in the goat cheese market are Agrial, Montchevre, Vermont Creamery, Granarolo S.p.A., Cypress Grove Chevre Inc., Redwood Hill Farm & Creamery, Laura Chenel, St. Helen’s Farm, Saputo Cheese USA Inc., Henri Willig Kaas, Haystack Mountain Creamery, Stickney Hill Dairy Inc., Dejong Cheese, Amsterdam Cheese Company, Belle Chevre, Capriole, Goat Lady Dairy, Delamere Dairy, The Welsh Cheese Company, Lácteos Segarra
The goat cheese market report table of contents includes:
1. Executive Summary
2. Goat Cheese Market Characteristics
3. Goat Cheese Market Trends And Strategies
4. Goat Cheese Market – Macro Economic Scenario
5. Global Goat Cheese Market Size and Growth
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32. Global Goat Cheese Market Competitive Benchmarking
33. Global Goat Cheese Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Goat Cheese Market
35. Goat Cheese Market Future Outlook and Potential Analysis
36. Appendix
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