Canada Goat Milk Product Market Overview, 2028
Canada's multiculturalism is reflected in the culture of goat milk products. Goat milk is used in various traditional recipes from different cultural backgrounds, such as Middle Eastern, Mediterran... もっと見る
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SummaryCanada's multiculturalism is reflected in the culture of goat milk products. Goat milk is used in various traditional recipes from different cultural backgrounds, such as Middle Eastern, Mediterranean, and African cuisines. This cultural diversity contributes to the appreciation and integration of goat milk products within Canada's culinary landscape. The culture of goat milk products aligns with the broader local food movements in Canada. There is an increasing desire among consumers to support local farmers, reduce food miles, and connect with the producers behind their food. Goat milk products, with their emphasis on small-scale production and regional specialties, fit well within the local food movement. Goat milk is not only valued for its culinary applications but also for its benefits in skincare and beauty products. Goat milk is known for its moisturising and nourishing properties, making it a popular ingredient in soaps, lotions, and other skincare products. Canadian consumers appreciate the natural and gentle nature of goat milk-based beauty products. The culture of goat milk products in Canada intersects with health and wellness communities. Individuals who follow specific diets, such as paleo, keto, or gluten-free, often turn to goat milk products as alternatives that align with their dietary choices. Goat milk products are also popular among individuals seeking natural, minimally processed foods and those interested in holistic health practises.According to the research report "Canada Goat Milk Product Market Overview, 2028," published by Bonafide Research, the Canada Goat Milk Product market is projected to reach market size USD 280 Million by 2028. Increasing consumer awareness and focus on health and wellness have been significant drivers in the Canadian goat milk product market. Goat milk is often perceived as a healthier alternative to cow's milk due to its unique nutritional profile, including lower lactose levels and different proteins. Consumers who are lactose intolerant or have allergies to cow's milk often turn to goat milk products as a suitable option. The demand for alternative dairy products is on the rise in Canada. Consumers are exploring options beyond traditional cow's milk and looking for alternatives that meet their dietary preferences and health considerations. Goat milk products, with their unique taste and potential health benefits, provide a compelling choice in the alternative dairy market. The rise of culinary tourism and the desire for unique food experiences have contributed to the growth of the goat milk product market. Visitors and locals alike seek out authentic culinary experiences, including visiting goat farms, creameries, and tasting goat milk products. The opportunity to engage with the production process and connect with local producers adds value and interest to the market. The rising popularity of plant-based and vegan diets has driven the demand for non-dairy alternatives, including goat milk products. Goat milk is considered a suitable option for individuals following plant-based or vegan diets, as it is sourced from animals and provides an alternative source of nutrients compared to traditional dairy products. In Canada, the goat cheese segment is expected to dominate the market due to its distinct flavour profile and creamy texture. It appeals to a wide range of consumers, including cheese enthusiasts, foodies, and those seeking alternative dairy options. The tangy and slightly sweet taste of goat cheese, along with its smooth and creamy texture, makes it a favoured choice among consumers. The Goat Cheese segment includes various flavour variations, further enhancing its popularity. Fresh Goat Cheese, Aged Goat Cheese, and Flavoured Goat Cheese are the primary categories within this segment. Fresh Goat Cheese has a mild and tangy taste, while Aged Goat Cheese develops a deeper and more complex flavour over time. Flavoured Goat Cheese varieties, such as those infused with herbs, spices, or fruits, offer additional taste options for consumers. In addition, Canadians are increasingly seeking alternatives to traditional cow's milk products due to various reasons, including lactose intolerance or dietary preferences. Goat milk-based products, including ice cream and cajeta, offer a non-dairy alternative that caters to this consumer demand. Goat milk-based desserts, such as ice cream and cajeta, have their own unique flavour profiles that differentiate them from their cow's milk counterparts. Goat milk imparts a slightly tangy and creamy taste, adding a distinctive character to these products. Consumers are intrigued by the distinct flavor profiles and are eager to explore new taste experiences. While the liquid segment currently holds a larger market share, the solid segment is expected to witness a higher CAGR during the forecast period. Based on Distribution Channel, Specialty stores are an important distribution channel for goat milk products in Canada. These stores focus on offering unique and niche products, including artisanal cheeses, gourmet foods, and organic items. Specialty stores dedicated to cheese or organic foods often have a well-curated selection of goat milk products, catering to consumers seeking high-quality, specialized offerings. These stores are recognized for their focus on high-quality, specialty food products, including goat milk-based items include Pusateri's Fine Foods, Whole Foods Market, The Sweet Potato, Les Douceurs du Marché, Benton Brothers Fine Cheese. In addition, Online: Online platforms have witnessed significant growth as a distribution channel for goat milk products in Canada. Consumers can purchase goat milk products through various e-commerce platforms, including dedicated online retailers, grocery delivery services, and direct-to-consumer websites operated by producers. Online channels provide convenience, accessibility, and the ability to explore a wider range of products, making them increasingly popular among consumers. For instance, online platforms in Canada where consumers can purchase goat milk products include Amazon, Well, NaturaMarket, The Cheesiry, crosswindfarm, Goat's Pride Dairy. Agricultural expos and trade shows often feature sections dedicated to dairy products and farming, including goat milk products. These events provide opportunities to showcase products, network with industry professionals, and learn about the latest trends and innovations. Examples of such events in Canada include the Canadian Dairy XPO, the Pacific Agriculture Show, and the Canadian Western Agribition. Food and beverage festivals, particularly those with a focus on local or specialty products, may include goat milk products among their offerings. These festivals provide a platform to promote and sample various food and dairy products, allowing consumers to discover and appreciate goat milk products. Look for local food and dairy festivals in your region for potential opportunities. Some goat farms and dairy producers organize open houses or tours to provide the public with insights into their operations and products. These events allow visitors to learn about goat farming, milk production, and the making of goat milk products. Considered in this report • Geography: Canada • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Canada Goat Milk product market with its value and forecast along with its segments • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Goat Cheese (Fresh Goat Cheese, Aged Goat Cheese, Flavored Goat Cheese, Others) • Goat Milk Powder (Skimmed milk Powder, Full Cream Milk Powder) • Goat Yogurt (Set-style Yogurt, Swiss-style Yogurt) • Butter • Others (ice cream, cajeta) By Form • Liquid • Solid By Distribution • Hypermarket & Supermarket • Convenience Stores • Specialty Stores • Online • Others (Pharmacy Store, B2B) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Goat Milk Product industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Table of ContentsTable of Contents1. Executive Summary 2. Market Structure 2.1. Market Considerate 2.2. Assumptions 2.3. Limitations 2.4. Abbreviations 2.5. Sources 2.6. Definitions 2.7. Geography 3. Research Methodology 3.1. Secondary Research 3.2. Primary Data Collection 3.3. Market Formation & Validation 3.4. Report Writing, Quality Check & Delivery 4. Canada Macro Economic Indicators 5. Market Dynamics 5.1. Key Findings 5.2. Key Developments - 2021 5.3. Market Drivers & Opportunities 5.4. Market Restraints & Challenges 5.5. Market Trends 5.6. Covid-19 Effect 5.7. Supply chain Analysis 5.8. Policy & Regulatory Framework 5.9. Industry Experts Views 6. Canada Goat Milk Market Overview 6.1. Market Size By Value 6.2. Market Size and Forecast By Product Type 6.3. Market Size and Forecast By Form 6.4. Market Size and Forecast By Distribution Channel 7. Canada Goat Milk Market Segmentations 7.1. Canada Goat Milk Market, By Product Type 7.1.1. Canada Goat Milk Market Size, By Goat Cheese, 2017-2028 7.1.2. Canada Goat Milk Market Size, By Goat Milk Powder, 2017-2028 7.1.3. Canada Goat Milk Market Size, By Goat Yogurt, 2017-2028 7.1.4. Canada Goat Milk Market Size, By Butter, 2017-2028 7.1.5. Canada Goat Milk Market Size, By Others (ice cream, cajeta), 2017-2028 7.2. Canada Goat Milk Market, By Form 7.2.1. Canada Goat Milk Market Size, By Liquid, 2017-2028 7.2.2. Canada Goat Milk Market Size, By Solid, 2017-2028 7.3. Canada Goat Milk Market, By Distribution Channel 7.3.1. Canada Goat Milk Market Size, By Hypermarket & Supermarket, 2017-2028 7.3.2. Canada Goat Milk Market Size, By Convenience Stores, 2017-2028 7.3.3. Canada Goat Milk Market Size, By Specialty Stores, 2017-2028 7.3.4. Canada Goat Milk Market Size, By Online, 2017-2028 7.3.5. Canada Goat Milk Market Size, By Others (Pharmacy Store, B2B), 2017-2028 8. Canada Goat Milk Market Opportunity Assessment 8.1. By Product Type, 2023 to 2028 8.2. By Form, 2023 to 2028 8.3. By Distribution Channel, 2023 to 2028 9. Competitive Landscape 9.1. Porter's Five Forces 9.2. Company Profile 9.2.1. Company 1 9.2.2. Company 2 9.2.3. Company 3 9.2.4. Company 4 9.2.5. Company 5 9.2.6. Company 6 9.2.7. Company 7 9.2.8. Company 8 10. Strategic Recommendations 11. Disclaimer List of Figures Figure 1: Canada Goat Milk Market Size By Value (2017, 2022 & 2028F) (in USD Billion) Figure 2: Market Attractiveness Index, By Product Type Figure 3: Market Attractiveness Index, By Form Figure 4: Market Attractiveness Index, By Distribution Channel Figure 5: Porter's Five Forces of Canada Goat Milk Market List of Table Table 1 : Influencing Factors for Global Goat Milk Market, 2022 Table 2: Canada Goat Milk Market Size and Forecast By Product Type (2017, 2022 & 2028F) Table 3: Canada Goat Milk Market Size and Forecast By Form (2017, 2022 & 2028F) Table 4: Canada Goat Milk Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F) Table 5: Canada Goat Milk Market Size of Goat Cheese (Fresh Goat Cheese, Aged Goat Cheese, Flavored Goat Cheese, Others) (2017 to 2028) in USD Billion Table 6: Canada Goat Milk Market Size of Goat Milk Powder (2017 to 2028) in USD Billion Table 7: Canada Goat Milk Market Size of Goat Yogurt (2017 to 2028) in USD Billion Table 8: Canada Goat Milk Market Size of Butter (2017 to 2028) in USD Billion Table 9: Canada Goat Milk Market Size of Others (ice cream, cajeta) (2017 to 2028) in USD Billion Table 10: Canada Goat Milk Market Size of Liquid (2017 to 2028) in USD Billion Table 11: Canada Goat Milk Market Size of Solid (2017 to 2028) in USD Billion Table 12: Canada Goat Milk Market Size of Hypermarket & Supermarket (2017 to 2028) in USD Billion Table 13: Canada Goat Milk Market Size of Convenience Stores (2017 to 2028) in USD Billion Table 14: Canada Goat Milk Market Size of Specialty Stores (2017 to 2028) in USD Billion Table 15: Canada Goat Milk Market Size of Online (2017 to 2028) in USD Billion Table 16: Canada Goat Milk Market Size of Others (Pharmacy Store, B2B) (2017 to 2028) in USD Billion
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