Goat Cheese Industry Overview
| Study Period: | 2018 - 2028 |
| Fastest Growing Market: | North America |
| Largest Market: | Europe |
| CAGR: | 3.6 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Goat Cheese Market Analysis
The Goat Cheese market is projected to register a CAGR of 3.6% during the forecast period, 2022-2027.
Widespread acceptance of goat cheese in several countries owing to its health benefits is the primary driver of the market. Additionally, goat cheese producers are introducing goat cheese in different flavors in response to consumers' rising interest in fresh, healthful dairy products. For instance, goat cheese is preferred over its conventional counterparts as it contains more protein and less cholesterol than cow cheese. Moreover, the market is being driven by improvements in goat breed quality and technological advancements in cheese production.
Europe is the world's top producer of goat cheese, with France serving as its largest market. Retail sales are anticipated to be driven by the rising demand for goat cheese products in developed economies including the United States, France, and Germany. Africa and Asia are among the regions that eat the most goat milk, although these regions consume less goat cheese than developed markets. However, the rising prevalence of obesity and cholesterol-related disorders in these regions is anticipated to stimulate the preference for goat cheese during the forecast period.
The global goat cheese market has been significantly impacted by the COVID-19 outbreak. The shutdown of major distribution channels all over the world to prevent the coronavirus spread had a substantial impact on the supermarket/hypermarket segment. Manufacturers focused on new tactics to improve the scenario by investing in online distribution and introducing new products. For instance, the U.S.-based cheese company called Consider Bardwell Farm started online retailing by opening a new website in July 2020.
Goat Cheese Industry Segments
Goat cheese is a kind of cheese that is made from goat milk. Goat cheese is frequently used in salads or as a spread because of its acidic and salty flavor. The goat cheese market is segmented by type, distribution channels, and geography. Based on type market is segmented into fresh goat cheese, aged goat cheese, flavored goat cheese, and others. Based on the distribution channel market is segmented into supermarkets/hypermarkets, convenience stores, online retail stores, and other distribution channels. Based on geography, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. For each segment, the market sizing and forecasts have been done based on value (in USD million).
| By Type | |
| Fresh Goat Cheese | |
| Aged Goat Cheese | |
| Flavored Goat Cheese | |
| Others |
| By Distribution Channels | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| By Geography | |||||||||
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Goat Cheese Market Trends
This section covers the major market trends shaping the Goat Cheese Market according to our research experts:
Raising Awareness of the Nutritional Benefits of Goat Cheese
Goat milk and its byproducts, such as cheese, have drawn a lot of consumers' interest, considering that it contains a substantial amount of protein, calcium, lipids, vitamins, and iron. Due to its great nutritional value and along with being low in fat and cholesterol content, goat cheese, a common dairy product, has become a necessary component of many cuisines. Further, goat cheese is great for digestion and contains fewer calories, as compared to bovine cheese, and exhibits a rich nutrient profile including vitamins A, B1, B2, and B3, calcium, phosphorous, and proteins. This in turn drives the consumption of goat cheese as health-conscious consumers are increasingly food products that help to improve digestive health. Therefore rising consumer knowledge about the health advantages of goat cheese along with the increasing interest in gut health and improving diet are the key factors influencing the sales of goat cheese in the worldwide market.
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North America is the Fastest Growing Region
In the approaching years, North America is anticipated to hold a significant portion of the goat cheese market due to expanding consumer interest in low-calorie dairy products. Goat milk is becoming more popular among consumers because it is less allergic than cow milk and contains less lactose, making it ideal for those with celiac disease and lactose intolerance. The rise of its regional market has been aided by the presence of numerous well-known goat cheese manufacturers and a reliable supply network. The U.S. market appears as the fastest-growing market in the region and the growth is mainly attributed to the new product launches with innovative flavors and tastes. Some of the well-known brands in the country include Bermuda Triangle, Bijou, Providence, Herbes de Provence Chevre, Purple Haze, and Midnight Blue, among others. North America is a significant supplier of goat cheese to the international markets as a result of technological advancements in manufacturing operations. For instance, in 2022, The leading goat cheese producer in North America, Montchevre, stated that the finely developed technique and quality milk give Crumbled Goat Cheese a great tang, freshness, texture, and taste.
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Goat Cheese Market Competitor Analysis
The global goat cheese market is highly competitive with major players focused on product innovation and improved cheese processing techniques to gain a competitive advantage. For instance, In January 2021, Laura Chenel Launched a New Line of Goat Cheese Logs. For home cooks and millennials looking for novelty and variety in high-quality goat cheese, the company has launched a new range of 4 oz goat cheese logs. The product was introduced in eight new flavors, including fruity, herbal, sweet, and savory. Key companies identified in the market are Carmelis Goat Cheese, AVH Dairy Trade B.V, Laura Chenel’s Chevre, Inc., Cherry Glen Goat Cheese Co., and Haystack Mountain Goat Dairy. These companies invest in strategic partnerships and collaborations with other operators for business expansion into undeveloped markets.
Goat Cheese Market Top Players
Carmelis Goat Cheese
AVH Dairy Trade B.V
Laura Chenel’s Chevre, Inc.
Cherry Glen Goat Cheese Co.
Haystack Mountain Goat Dairy
*Disclaimer: Major Players sorted in no particular order
Goat Cheese Market Recent Developments
- In August 2022, Saputo Cheese USA Inc. launched new products under the Montchevre brand, including a Hibiscus Berry Goat Cheese Log and a line of Topped Goat Cheeses. These products will satisfy consumers' desires for both sweet and savory foods by offering distinctive serving options for snacking.
- In May 2021, Laura Chenel Launched the new goat cheese named Everything Bagel Chabis. Everything Bagel Chabis is a fresh and creamy goat cheese flavored with the perennially popular concoction of sesame seeds, garlic, poppy seeds, and onion
- In April 2021, Old Amsterdam launched two new flavors to its aged gouda line which include Old Amsterdam Mild and Old Amsterdam Reserve. The new products join the current line which includes Old Amsterdam Classic and Aged Gouda in Holland.
Goat Cheese Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Fresh Goat Cheese
5.1.2 Aged Goat Cheese
5.1.3 Flavored Goat Cheese
5.1.4 Others
5.2 By Distribution Channels
5.2.1 Supermarkets/Hypermarkets
5.2.2 Convenience Stores
5.2.3 Online Retail Stores
5.2.4 Other Distribution Channels
5.3 By Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 Spain
5.3.2.4 France
5.3.2.5 Italy
5.3.2.6 Russia
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Carmelis Goat Cheese
6.3.2 AVH Dairy Trade B.V
6.3.3 Laura Chenels Chevre, Inc.
6.3.4 Cherry Glen Goat Cheese Co.
6.3.5 Haystack Mountain Goat Dairy
6.3.6 Meyenberg
6.3.7 Amsterdam Cheese Company
6.3.8 Avalanche Cheese Company
6.3.9 Xi'an Baiyue Goat Dairy Group Co. Ltd
6.3.10 Saputo Inc.
*List Not Exhaustive7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
9. DISCLAIMER
Goat Cheese Market Research FAQs
What is the study period of this market?
The Global Goat Cheese Market is studied from 2018 - 2028.
What is the growth rate of Global Goat Cheese Market ?
The Global Goat Cheese Market is growing at a CAGR of 3.6% over the next 5 years.
Which region has highest growth rate in Global Goat Cheese Market ?
North America is growing at the highest CAGR over 2018 - 2028.
Which region has largest share in Global Goat Cheese Market ?
Europe holds highest share in 2021.
Who are the key players in Global Goat Cheese Market ?
Carmelis Goat Cheese, AVH Dairy Trade B.V, Laura Chenel’s Chevre, Inc., Cherry Glen Goat Cheese Co., Haystack Mountain Goat Dairy are the major companies operating in Global Goat Cheese Market .
Global Goat Cheese Industry Reports
In-depth industry statistics and market share insights of the Global Goat Cheese Market sector for 2020, 2021, and 2022. The Global Goat Cheese Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Global Goat Cheese Market report PDF.
