Goat Cheese Market: Growth Analysis Report 2024-2032

Global Goat Cheese Market Overview

Goat Cheese Market Size Was Valued at USD 13.9 Billion in 2023 and is Projected to Reach USD 31.82 Billion by 2032, Growing at a CAGR of 9.64% From 2024-2032.

Goat cheese is produced from the milk of goats. Goat milk contains large-scale medium-chain fatty acids like caproic and caprylic. This gives a tart flavor to the cheese. The goat milk and cheese are made from a goat that is easy to digest. Goat milk has anti-inflammatory enzymes, probiotics, and antioxidants property which include proteins, and lipids, and helps to maintain a healthy metabolism. It also contains a high proportion of calcium, vitamins A and K, phosphorous, thiamine, and niacin. The procedure of goat cheese production is the same as other cheese. Goat cheese is a rich source of selenium. Selenium helps to body break down DNA-damaging peroxides that decline the risk of cancer, thyroid diseases, and cardiovascular disease. Thus, it has anticipated propelling the growth of the Goat Cheese Market in the analysis year.

Market Dynamics And Factors For Goat Cheese Market

Drivers:

Increasing the Demand for Goat Cheese

• Goat cheese has numerous applications and is used in baguette pieces, bread, crostini, toast, or bagel sandwiches, pizza, risotto, and pasta meals, as well as soups. It is also used in salads, especially those containing sweet fruits. Goat cheese contains a high source of protein, calcium, lipids, vitamins, and iron. It is a more famous dairy product because of its better nutritional value and contains low fat and cholesterol content. The person who has lactose intolerance, goat cheese is most suitable for them. In addition to this, goat cheese is made in a variety of different tastes by manufacturers which helps to increase the public demand for goat cheese. The goat cheese helps to decrease the risk of thyroid disease, CVS diseases, and cancer. Consumers are more aware of the health benefits of goat cheese people are more concerned about health-related diseases, which helps the rising demand for goat cheese support the growth of the market of goat cheese in the forecast period.

Restraints:

High Cost of the Goat Cheese

• Goat cheese is more expensive compared to other cheese owing to the goats don’t produce milk like cows. A reduction in the population of goats is also responsible for an increase in the price of goat cheese. For instance, according to the report of the U.S. Department of Agriculture's National Agricultural Statistics Service (NASS), in 2021 total number of goats 2.58 million decreased by 3% from 2020. Additionally, goat cheese offers so many advantages, companies have raised the cost of their products, which has an impact on the market and indirectly causes product prices to fluctuate. This factor can be impeding the market growth for goat cheese.

Opportunity:

Manufacturers Engaged in Providing Product According to Consumer Preference

• It is a profitable opportunity for goat cheese producers worldwide to boost goat cheese demand by producing goat cheese in a range of flavours. People are more likely to explore with various flavours and tastes. Thus, the end users purchase cheese in various tastes to satisfy consumer preferences, creating a lucrative opportunity for the growth of the goat cheese market in the upcoming year.

Segmentation Analysis Of Goat Cheese Market

• By Type, the gouda segment is projected to have high growth in the market of goat cheese. One ounce of gouda contains 198 milligrams of calcium and 7 grams of protein. The calcium content of gouda helps to maintain, build, and strengthen the bones. It prevents blood clots, helps muscle contraction and maintains blood pressure, and decreases the risk of cardiovascular disease and cancer. The protein content gouda builds, repairs, and maintains the cells and tissues, and also gives energy to the body. Gouda cheese also contains B12 the vitamin, each gouda contains 0.65 micrograms of B-12. Vitamin B12 maintains gene activity. On the daily basis, a person requires 20% of calcium, 12-15% of protein, and 27% B12 in their diet. This requirement helps to increase the demand for gouda that support the growth of the market for goat cheese.
• By Form, the aged cheese segment has anticipated maximum market share in the market of goat cheese. The process of aged cheese kills the dangerous pathogens from raw milk, thus this cheese is safe to eat and develops beneficial bacteria such as probiotics. Probiotics help to maintain the immune system and control BP. Parmesan, gorgonzola, cheddar, and gouda are the types of aged cheeses that are beneficial for gut health. The aged cheese boosts the life expectancy and prevents liver cancer. This beneficial factor of aged cheese supports the growth of the market for goat cheese.
• By Applications, the food service segment is dominated the goat cheese market. Most consumers’ visits to food service and food service cover a numerous range of eating occasions such as hotels, restaurants, cafes, cafeterias, cinemas and theatres, schools, airports, and hospitals. Foodservice offers fresh, quality, nutritious food at an affordable cost, and in less time, thus people orders the food mostly from food service. The growing population with rising urbanization supports the growth of the market.

Regional Analysis of Goat Cheese Market

• By region, Europe has dominated the market for goat cheese owing to the high presence of goat cheese consumers, and a large number of producers of goat cheese available in the Europe region. In Europe France and Germany dominated country in the goat cheese market. People in Europe are more aware of the health, increasing disposable income that leads to raising the adoption rate of goat cheese by end-users such as food service channels, and retailers, which propels the growth of the market of goat cheese in Europe region.
• After Europe, North America second dominated region in the goat cheese market. The growing awareness about the benefits of dairy products especially products made from milk among the consumers helps to increase the market. In addition to this, the rising vegan population leads to an increase in the demand for goat cheese among the consumer, support for the growth of the goat cheese market in the North American region. In this region, Canada and Mexico are the dominant in the goat chees market because of the high consumer rates for dairy products.
• The Asia Pacific has remarkable growth in the market for goat cheese. Due to the high population, increase the consumption level of various dairy products including goat cheese. India has lathe largest population of consumption of goat cheese and it is followed by China. Increasing people’s concern about their health tends to raise awareness about the health benefits of goat milk, and the growing vegan population, these factors help to increase the demand for cheese made from goat milk and support the growth of the market.
• The Middle East and Africa have an average growth in the goat cheese market. Owing to the rising unhealthy lifestyle, growing the health concern among the people in this region that leads to an increase in the demand for organic food including goat cheese, which propels the growth of the market for goat cheese in the forecast period.

Top Key Players Covered In Goat Cheese Market

• Avalanche Cheese Company (Colorado)
• Carmelis Goat Cheese (Canada)
• Haystack Mountain Goat Dairy (Colorado)
• DeJong cheese company (Netherlands)
• Montchevre (US)
• Laura Chenel's Chèvre, Inc. (US)
• Hillsborough Cheese Company
• Cherry Glen Goat Cheese Co. (US)
• Amsterdam Cheese Company (Amsterdam)
• Laura Chenel Chevre, Inc.,
• Saputo Inc
• Belle Chevre Inc
• Vermont Creamery
• Cypress Grove Chevre, Inc.
• Capriole, Inc
• Redwood Hill Farm & Creamery
• St Helen's Farm Ltd
• AVH Dairy Trade B.V

Key Industry Development In The Goat Cheese Market

• In 2024, Belle Chevre Inc. announced the launch of new products in its foodservice portfolio, introducing 1.5 oz portion cups of spreadable goat cheese and 2.3 lb tubs of flavored goat cheese cubes under the CHEVOO brand. These offerings featured a variety of flavors and were specifically designed for bagel shops, grab-and-go establishments, and foodservice operators looking for portion-controlled and healthy menu additions. The company aimed to enhance its product lineup with these innovative and versatile options.
• In 2023, Montchevre, the goat cheese brand by Saputo USA, launched new products, flavors, and packaging. The brand introduced Montchevre Duos, featuring goat cheese logs in two unique flavor combinations, along with a Thai Sweet Chili flavor for its Topped Goat Cheese line. The new packaging featured a horizontal orientation for the fresh goat cheese logs. Additionally, a brand campaign titled "Make Mischief with Montchevre" showcased humorous ads highlighting the innovative products, engaging consumers with a playful twist.