Dallas, TX -- (SBWire) -- 03/19/2019 --Sheep Milk Market was worth USD xx billion in 2018 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2023. Sheep milk is the milk produced by the domestic sheep that is commonly used to make dairy products like butter, cheese, yoghurt and other products. Sheep milk is the most delicious milk that is a good alternative to cow milk with low cholesterol levels and stimulate growth and development. Humans are relying on the sheep milk from thousands of years which is superior than cow, buffalo, and goat milk in many aspects and has a unique flavour that has become staple food in many regions.
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The dairy breeds of the sheep that are generally used for the dairy production are Lacaune, Chios, Sarda, East Friesian, Awassi, Zwartbles and British Milk Sheep. Mostly, sheep milk is used in the production of famous cheeses, namely feta and roquefort, and various kinds of yoghurts. Sheep milk products are comparitively more expensive and harder to find due to the limited time of the year that most sheep produce milk. Female sheep do not produce milk as consistent as the male sheep, rather they produce more milk in the 85-100 days after lambing.
Factors like growing people awareness about the health benefits of the sheep milk like presence of essential minerals such as zinc, magnesium and calcium, boosting immunity, resistance against cancer cells, prevents birth defects and lowering blood pressure, growing demand for the dairy products of sheep milk, rise in disposable income, changing lifestyles, favourable government policies in the dairy industry, growth in sheep population, rising demand for sheep farms and high investments by the companies in this market are driving the Global Sheep milk market. However, high cost compared to cow milk and stringent regulations for the product approval are hindering the growth of the market.
The Global Sheep Milk Market is segmented on the basis of product type, application and region. On the basis of product type, the market is segmented into cheese, yogurt, ice cream, liquid milk, milk powder, butter and others. Based on the application, the market is segmented into children, adult and the aged. In 2017, the sheep cheese is accounted to have the largest share in terms of product and revenue due to the demand for the sheep cheese and the growing people awareness about the advantages of the cheese. Meanwhile, Liquid milk is projected to have the fastest growing rate with highest CAGR in the global market.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. Asia-Pacific region accounted to have the largest revenue owing to the highest population of the sheep in the Asia-Pacific countries, growth in the sheep farms market, high demand due to the rising population, growing demographics and emerging Economies like China and India. However, North America is projected to have the highest CAGR due to the favourable government reimbursements for the dairy industry, increase in per capita income and the presence of market leaders in this region.
Major players in the Global Sheep Milk Market are:
- Sheep Milk Company Ltd.
- Haverton Hill Creamery
- Spring Sheep
- Velvet Cloud
- Alimenta
- Origin Earth
- Maui Milk Ltd.
- New Zealand Sheep Milk Company
- Roquefort Vernières.
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Global, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms product type and Application along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive
PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter's five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Major Point from Table of Content:
1. Introduction
2. Research Methodology
3. Overview
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
5. Market Segmentation
6. Geographical Analysis
7. Strategic Analysis
8. Market Leaders' Analysis
8.1 Sheep Milk Company Ltd.,
8.2 Haverton Hill Creamery
8.3 Spring Sheep
8.4 Velvet Cloud
8.5 Alimenta
8.6 Origin Earth
8.7 Maui Milk Ltd.,
8.8 New Zealand Sheep Milk Company
8.9 Roquefort Vernières
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Global Sheep Milk Market 2019, by Product Type, Application, Distribution Channel, Industry Statistics, Demand and Growth Opportunities to 2023