Goat Cheese Market
The Goat Cheese Market size is projected to reach USD 21.39 billion by 2028 from an estimated USD 11.70 billion in 2021, growing at a CAGR of 9% globally.
In some respects, goat cheese differs from cow’s milk cheeses. Due to a smaller proportion of casein, a milk protein that becomes solid when mixed with ingredients like acid or rennet that cause curdling, it’s often softer than cow’s milk cheese. Because goat cheese is high in caproic, caprylic, and capric acid medium-chain fatty acids, it is fattier and has a tangier flavor than cow’s milk cheese. These acids also contribute to goat cheese’s distinct goaty fragrance. Goat cheese is white and gradually turns yellow as its ages. Goat’s milk has nearly as much lactose as cow’s milk, but the fat molecules are smaller, which may explain why lactose-intolerant people find goat’s milk easier to digest than cow’s milk. It softens rather than dissolves when heated.
Goat cheese has as many applications as there are varieties of goat cheese. Spreading it on bread, baguette pieces, crostini, toast, or bagels is one of the most typical uses. It’s also crumbled over salads, particularly those containing sweet fruits. A typical combination is beet salad with crumbled goat cheese. It’s great on sandwiches, pizza, risotto, and pasta meals, as well as soups. Goat cheese is used in a variety of ready-to-eat and cooked foods. Additionally, goat cheese manufacturers are introducing new tastes of goat cheese in response to increased consumer demand for healthy and innovative food products. As a result, these variables help market growth even more.
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Major Key Players for Goat Cheese Market:
- Avalanche Cheese Company
- Carmelis Goat Cheese
- Haystack Mountain Goat Dairy
- DeJong cheese company
- Laura Chenel’s Chèvre, Inc.
- Hillsborough Cheese Company
- Cherry Glen Goat Cheese Co.
- Amsterdam Cheese Company
Market Dynamics and Factors:
Many people are interested in goat milk and its products, such as cheese, because it is a good source of protein, calcium, lipids, vitamins, and iron. Goat cheese, a popular dairy product with a good nutritional value and a low fat and cholesterol content, has become an integral ingredient of diverse cuisines. Goat cheese contains twice as many medium-chain fatty acids as bovine cheese, making it simpler to digest. This makes goat cheese suitable for people who are lactose intolerant. The worldwide goat cheese industry is also benefiting from its artisanal status, which is likely to increase sales in niche areas. Goat cheese, often known as chèvre in French, has become an important part of the inventory in specialty delis.
The growing vegan trend, however, will have a detrimental impact on goat cheese sales as consumers convert to plant-based dairy products.
Goat Cheese Market Report Highlight:
Over the forecast period, soft cheese is expected to dominate the goat cheese market.
Over the projected period, the foodservice industry is expected to have the largest share of the goat cheese market.
Europe is the world’s biggest producer of goat cheese, with a strong market. Greece, Italy, and Spain are also major producers.
Key Industry Development:
- Montchevre, a brand owned by Saputo Cheese USA Inc., will introduce a new goat cheese product called lueberry Lemon cheese log in May 2020. The product is flavored with lemon zest and hand-rolled with blueberries. The new tangy blueberry vanilla cheese is an addition to the already popular blueberry vanilla cheese.
- Laura Chenel’s Chevre, Inc., a goat cheese company, created a new online shop for selling its products in March 2020, alongside sister firms Marin French Cheese and St. Benoit Creamery. Consumers may now purchase goat cheese and yoghurt online, while the company’s network of farming families, regional suppliers, and others is strengthened.
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Goat Cheese Market Segmentation:
- Blue cheese
- Soft cheese
- Firm cheese
- Semi-soft cheese
- Aged cheese
- Ripened cheese
- Food Service
For this report, Introspective Market Research has segmented the Goat Cheese Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of LATAM
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Scope of the Report:
The report encompasses the entire analysis of market size in previous years for major segments and countries, as well as future estimates. The Goat Cheese Market study looks deeply into the worldwide market’s competitive landscape. The study also provides the names of key market players and the methods they used to gain a dominant position in the industry. It also includes useful market insights, dynamics and factors, and market analysis techniques such as PESTEL analysis, PORTER’s Five Forces analysis, value chain analysis, SWOT analysis, BCG matrix, and Ansoff matrix.
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