Sheep Milk Market Forecasts to 2028 – Global Analysis By Category (Conventional and Organic), Product Type (Butter, Cheese, & Others), Application, Distribution Channel, Packaging, End User and By Geography
According to Stratistics MRC, the Global Sheep Milk Market is accounted for $5,888.22 million in 2020 and is expected to reach $9,456.00 million by 2028 growing at a CAGR of 6.1% during the forecast period. Surge in disposable incomes, favourable government initiatives and rising investment in research & development are driving the market growth. However, availability of alternatives at low cost is hampering the growth of the market.
Sheep milk is also referred to as ewe’s milk, which is obtained from domestic sheep. There are a certain sheep breeds which are particularly reared for its wool and further for its meat and milk. However, there are a few specialized breeds that are utilized for the purpose of commercial dairy products owing to their high yield and long lactating periods. Sheep milk is preferred owing to its digestibility and acceptability to the human digestive system. It is a healthy alternative to cow and goat milk as it has antiallergic properties and is resistant to certain diseases.
Based on the category, the conventional segment is going to have lucrative growth during the forecast period as they are used by the majority of dairy farmers for milk delivery as it is more economical. Furthermore, conventional category is one of the most popular categories owing to its price and ease of availability.
By geography, Asia Pacific is going to have high growth during the forecast period which could be attributed to the steady rise in disposable incomes and growing urbanization in the region, creating ample opportunities for key market players to be established in the region.
Some of the key players profiled in the Sheep Milk Market include Alimenta, Haverton Hill Creamery, Maui Milk Ltd., New Zealand Sheep Milk Company, Origin Earth, PremiBrebis, Roquefort Vernieres, Sheep Milk Company Ltd., Spring Sheep and Velvet Cloud.
Estimated Market Size in 2020:
USD 5,888.22 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 9,456.00 million
Tables, Graphs & Figures
Category, Product Type, Application, Distribution Channel, Packaging, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Product Types Covered:
• Ice Cream
• Liquid Milk
• Milk Powder
• Sheep Milk Whey Ultrafiltration (UF) and Reverse Osmosis (RO) Concentrated
Distribution Channels Covered:
• Offline Stores
• Online Retail
• Glass Containers
• Plastic Containers
End Users Covered:
• The Aged
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Sheep Milk Market is majorly driven by surge in disposable incomes, favorable government initiatives and rising investment in research & development.
The conventional segment is growing at a highest CAGR owing to the usage by majority of dairy farmers for milk delivery as it is more economical.
Asia Pacific dominated with a significant market share due to the factors such as steady rise in disposable incomes and growing urbanization in the region, creating ample opportunities for key market players to be established in the region.
North America market is growing at a highest CAGR owing to the favourable government reimbursements for the dairy industry, rise in per capita income and presence of key market players in the region.
Key players in Sheep Milk Market include Alimenta, Haverton Hill Creamery, Maui Milk Ltd., New Zealand Sheep Milk Company, Origin Earth, PremiBrebis, Roquefort Vernieres, Sheep Milk Company Ltd., Spring Sheep and Velvet Cloud.
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