The global goat cheese market has been thriving at a significant pace in the past few years as consumers are realising its nutritional value. Goat milk is rich in protein, fats, vitamins, iron, and calcium, which makes it an excellent choice for consumption. Historically, goat cheese has been used in limited parts of the world but it a slowly gaining traction as the restaurant industry focuses on diversifying menus to create new experiences. The preference for goat milk has also been on the rise as the number of lactose-intolerant consumers grow. Popularly sold as artisanal cheese, goat cheese has found a place in the luxury food segment, placing itself amongst the highest payers.
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Explosion of Restaurants Around the World Open Doors for Goat Cheese Market
Well thought out menus that are designed to be inclusive of the lactose intolerant population, healthier choices, and exotic experiences have created a significant demand for goat cheese in recent years. This has prompted manufacturers to ramp up production as diets and palates undergo fast changes. For instance, Saputo Inc., added goat cheese crumbles, frozen goat cheese, goat milk feta cheese, and goat cheeses logs to its portfolio. These products have been specially designed for restaurants to keep up with the surging demand.
Fresh Goat Cheese Leads Market Making a Case for Homegrown Brands
The appreciation of fresh goat cheese has been the highest amongst consumers. Its soft texture and creamy mouthfeel have given the food item exceptional popularity in recent years. Furthermore, the culture of making goat cheese at homes and farms has garnered attention as a tilt towards “farm to table” dictates buying behaviour. This unaged cheese, for immediate consumption, is expected to grab a lion’s share in the global goat cheese market during the forecast period. It will be aided by the well-established and entry of new diaries in local markets that are focussed on tapping into a homegrown segment. Efforts to build homegrown brands of artisanal goat cheese will bode well for this segment in the next five years.
Europe to Remain Critical to Goat Cheese Demand with France as Key Consumer
France has remained a key consumer of goat cheese in despite lockdowns and curbs on restaurants. According to analysts, the goat cheese demand in the country was up by 6% in 2020. The trend is expected to continue as France exports about 25% of the goat cheese and owns the third-largest goat herd across all of Europe. A sincerely high value for le fromage de chèvre or goat cheese across Europe will ensure steady growth of the market. Furthermore, high value for handmade cheese in the region will also fuel the demand for local, handcrafted goat cheese in the coming years.
Meanwhile, Asia Pacific, on the cusp of culinary reinvention, will welcome goat cheese as a part of its expanding food culture. A young demographic, more in tune with the idea of experimenting with food and influx of cuisine-specific restaurants will create lucrative opportunities for goat cheese.
Some of the key players operating in the global goat cheese market are Saputo Inc, Carmelis GoatCheese, Laura Chenel Chèvre, Avalanche Cheese Company, DeJong Cheese Company, Hillsborough Cheese Company, Cherry Glen Goat Cheese Co, Hudson Valley Creamery, LLC, SAVENCIA SA, and Delamere Dairy.
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