Market Share of Global Goat Milk Formula Industry
The global goat milk formula market is highly competitive, with various global, regional, and local players, such as Holle Baby Food AG, Ausnutria Dairy Corporation Ltd, Nannycare Ltd, and Danone SA, operating in the market. The key market players are capturing market share based on research & development at extensive levels, expansion, production sites and facilities, and marketing activities. The increasing inclination of consumers to purchase goat milk formula owing to its health benefits is pushing manufacturers to expand their reach and offer innovative and clean-label products. For instance, Kendamil, a United Kingdom-based infant formula manufacturer, offers a goat milk formula that contains human milk oligosaccharides (HMOs). Kendamil Goat claims to be free from palm oil and fish oil, is made using plant-based docosahexaenoic acid (DHA), and contains no GMOs.
Global Goat Milk Formula Market Leaders
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Dana Dairy Group
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Ausnutria BV
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Unica Global BV
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Nannycare Ltd
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Holle baby food AG
*Disclaimer: Major Players sorted in no particular order
