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Goat Cheese Market Size, Share & Industry Analysis, By Product Type (Ripened Cheese, Soft Cheese, Firm Cheese, Aged Cheese), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores,Specialty Stores, Online Retail) and regional Forecast, 2024-2032

Region : Global | Report ID: FBI103817 | Status : Ongoing

 

KEY MARKET INSIGHTS

Goat cheese which is also known as chèvre, is witnessing a significant growth in the market owing to its easy digestibility when compared to the cheese derived from other ruminants. The goat cheese has comparatively better appearance and flavour which has made it more popular among the consumers. It has a smooth and creamy texture and is mouthfeel which makes it more desirable. Also, it is incorporated in various food products such as pizza, salads, and even in certain desserts. Owing to all these benefits, the market for goat cheese reports significant growth rate.


The goat cheese is incorporated in various ready-to-eat/cook food products. Additionally, the goat cheese manufacturers are launching goat cheese in new flavours due to the growing consumers’ preference for healthy and innovative food products. Thus, these factors further contribute in the market growth.

The demand for goat cheese is rising as they have higher protein content and low cholesterol content than cow cheese. Africa and Asia are among the highest goat milk consumers; however, goat cheese consumption is low in these regions when compared to developed economies. On the other hand, Europe is the leading goat cheese producer with France as the major market. Over 50%of the goat cheese products consumed are imported mainly from France.

The numerous health adversities such as high cholesterol, cardiovascular diseases and obesity associated with consuming high fat containing food products such as bovine cheese is impeding its market growth. Though, the rising vegan trend would negatively affect the sales performance of goat cheese due to the consumers shift towards plant-based dairy products.

Key Market Driver -

Growing health consciousness

Key Market Restraint -

Health Adversities Associated with Consuming High Fat Cheese


Key Players Covered:


The key companies operating in the global goat cheese market are, Carmelis Goat Cheese, Haystack Mountain Creamery, Saputo Cheese USA Inc., Laura Chenel's Chèvre, Inc., Cherry Glen Goat Cheese Co., Avalanche Cheese Company, DeJong cheese company, Hillsborough Cheese Company, Agrial Group, and The Welsh Cheese Company.

The soft goat cheese product type is accounted to hold the major market share due to its low fat content and flavor . The aged goat cheese segment is expected to grow significantly as the aged cheese are more approachable and have a nutty and piquant flavour.

The hypermarkets and supermarkets are the most preferred channels for purchasing goat cheese as they have a wide range of goat cheese variants. The presence of product distinct shelves and bundling schemes ease the consumers buying experience.

Regional Analysis:


North America is witnessing a robust growth and is expected to hold a major share in the goat cheese market in the upcoming years. The consumers are inclining towards goat milk due to its less allergenic properties than cow milk and low levels of lactose which is suitable for the people suffering from lactose intolerance and celiac disease. The presence of many renowned players of goat cheese such as FrieslandCampina and a strong supply chain has boosted its regional market growth.

Europe is observing a significant growth in the goat cheese market as it is leading goat cheese consumer and producer across the globe. France and Germany are the key goat cheese consumers in the region. Further, the increase in new product launches containing goat milk has boosted its regional market growth.

Asia Pacific region is witnessing a substantial growth due to the rapid urbanization and increasing population. The growing popularity of goat cheese among the consumers, especially the younger cohort due to its unique taste and flavour, further supports the growth of the region.

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Segmentation






















 ATTRIBUTE

  DETAILS

By Product Type



  • Ripened Cheese

  • Soft Cheese

  • Firm Cheese

  • Aged Cheese



By Distribution Channel



  • Supermarkets/Hypermarkets

  • Convenience Stores

  • Specialty Stores

  • Online Retail



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In May 2020, Montchevre, a brand owned by Saputo Cheese USA Inc., launched lueberry Lemon cheese log as a newest edition to its goat cheese products. The product is hand rolled with blueberries and infused with lemon zest. The new product is an addition to the already selling blueberry vanilla cheese with an added tangy flavour.

  • In March 2020, Laura Chenel’s Chevre, Inc., a goat cheese manufacturer alongside its sister brands Marin French Cheese and St. Benoit Creamery launched a new online shop for selling its products. The new online shop enables the consumers to buy goat cheese and yogurt along with strengthening the network of the company with farming families, regional suppliers, and others.


  • Ongoing
  • 2023
  • 2019-2022

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