Russia Goat Milk Product Market Research Report, 2028

Russia has a growing market for goat milk products, and the culture and tradition surrounding these products are gradually gaining recognition. Goat farming in Russia has a long history, dating back centuries, and it plays a significant role in the country's agricultural landscape. The culture and tradition surrounding goat milk products in Russia are still in the process of development. While goat milk has been traditionally consumed by some ethnic groups, such as the Tatars and Bashkir’s, it is increasingly embraced by a wider population. Traditional Russian cuisine is also starting to incorporate goat milk products in various recipes, adding a new dimension of flavors and possibilities to traditional dishes. In terms of cultural events and traditions, Russia is beginning to see the emergence of festivals and exhibitions dedicated to goat milk products. The specific countries from which Russia imports goat milk products from countries known for their expertise in goat milk production, such as France, the Netherlands, Germany, and Poland. While Russia has a growing market for goat milk products, the country's export of such products is relatively limited compared to its import activities. Some potential export destinations for Russian goat milk products include Kazakhstan, Belarus, China, and countries in Central Asia, such as Uzbekistan, Kyrgyzstan, and Tajikistan. According to the research report "Russia Goat Milk Product Market Research Report, 2028," published by Actual Market Research, the Russia Goat Milk Product market is expected to grow at more than 6.79% CAGR from 2023 to 2028. The key drivers is the increasing health consciousness among consumers, supportive government initiatives ,consumers are seeking locally sourced, traditionally produced, and organic options. Product quality and traceability are becoming increasingly important to Russian consumers. Producers that can provide transparent information and ensure traceability are well-positioned to meet this demand. Goat milk product manufacturers in Russia must comply with food safety and quality standards established by the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) and other relevant authorities. These standards cover various aspects such as hygiene requirements, storage and transportation conditions, and labeling guidelines to ensure that products meet the necessary safety and quality criteria. Galaktika, Lubinskoe, Kozari, Nectar, NovaBrand these are just a few of the many goat milk product brands that are available in Russia. Goat milk is becoming increasingly popular in Russia, and there are a growing number of brands that are producing high-quality goat milk products. The region of Bashkortostan in Russia is known for its significant contribution to the manufacturing of goat milk products. Bashkortostan has a long-standing tradition of goat farming and has established itself as a major hub for goat milk production in the country. Goat milk products are known for their nutrient-rich composition, providing a valuable array of essential nutrients. Goat milk is a rich source of proteins, calories, and fats. It is thicker, creamier, easy to digest, and embeds a lesser risk of allergies as it has a slightly lower lactose content. It is loaded with potassium, calcium, magnesium, vitamin A, and phosphorus. In addition to edible goat milk products, there is a growing market for goat milk-based skincare and cosmetic products.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Russia's cheese products dominate the market, enthralling cheese aficionados and connoisseurs worldwide. The overall dominance of cheese in the Russian market is driven by cultural traditions, versatility in usage, increasing consumer purchasing power, and a wide range of cheese options available to cater to diverse preferences. The Russian market offers a wide variety of cheese products to cater to diverse consumer preferences. Such as Syr cheese, Adyghe Cheese, Suluguni, Russian versions of European Cheeses, Blue Cheeses, Specialty, and Artisanal Cheeses. The Russian market offers a variety of cheese brands, including both domestic and international which includes Hochland, President, Gourmet, Hochland-Rus, KARAT, Molto, and Danone. The prominence of hypermarkets and supermarkets in the distribution of goat milk products stems from their ability to provide convenience, competitive pricing, and a comprehensive selection under one roof. Their wide reach and established distribution networks ensure that goat milk products are readily available to a large customer base throughout Russia. Online platforms and e-commerce websites have also become popular distribution channels, offering a convenient way for consumers to purchase goat milk products and have them delivered to their doorstep. Some goat milk producers may have their own dedicated stores or farm shops, providing a direct sales approach to customers who prefer buying directly from the source. Restaurants, cafes, and specialty food establishments also serve as distributional channels, incorporating goat milk products into their menus and offering them to their patrons. These distributional channels work in synergy, ensuring that goat milk products are readily available to meet the diverse preferences and demands of consumers in Russia. The COVID-19 pandemic has had a mixed impact on the goat milk product industry. On one hand, there has been increased demand for goat milk products as consumers focus more on health and wellness. Goat milk, known for its perceived health benefits and suitability for those with dietary restrictions, experienced heightened interest. However, the industry also faced challenges. Closure of foodservice establishments affected the demand from the foodservice sector, although it was partially offset by increased retail sales. Farms had to adapt to safety measures, and some faced labor and logistical challenges. Overall, the industry experienced shifts in demand, supply chain disruptions, and operational challenges during this unprecedented time.

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Kripa Shah

Senior Analyst

Considered in this report • Geography: Russia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Russia Goat Milk product market with its value and forecast along with its segments • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type

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• Goat Cheese (Fresh Goat Cheese, Aged Goat Cheese, Flavored Goat Cheese, Others) • Goat Milk Powder (Skimmed milk Powder, Full Cream Milk Powder) • Goat Yogurt (Set-style Yogurt, Swiss-style Yogurt) • Butter • Others (ice cream, cajeta) By Form • Liquid • Solid By Distribution • Hypermarket & Supermarket • Convenience Stores • Specialty Stores • Online • Others (Pharmacy Store, B2B) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Goat Milk Product industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.