Indonesia goat milk market is expected to reach USD 84.80 million by 2030 from USD 66.16 million in 2022, growing at a CAGR of 3.2% during the forecast period of 2023 to 2030.
Market Segmentation
Indonesia goat milk Market, By Product (Liquid Milk, Cheese, Powder, Yogurt and Kefir, and Others), Flavors (Original/Classic and Flavoured), Fat Content (Regular, Low Fat, and Fat Free), Sales Channel (Offline and Online), End Use (B2C and B2B), Country (Indonesia) - Industry Trends and Forecast to 2030.
Some of the major factors contributing to the growth of the Indonesia goat milk market:
- Drivers
- Goat milk is often preferred by individuals with lactose intolerance
- Goat milk is rich in nutrients, vitamins, and minerals
- Restraints
- Lack of awareness about the benefits of goat milk
- Issues related to production, distribution, and shelf life
- Opportunities
- Expanding the range of goat milk-based products
- Exploring international markets for goat milk and related products
Market Players
Some of the key market players operating in the Indonesia goat milk market are:
- Ausnutria Dairy Corporation Ltd
- Emmi Group
- Orient EuroPharma Co., Ltd
- milkup.co.id
- Supergoat Official
- Etawalin
- PT. ABC Holding
- Etawa Goat Milk Producer
- CV. My Green Earth
- Milktawa Premilux
- PT. DeBALI Kosmetik Indonesia
- PT. Pasti Enak
- PT. Megasurya Mas