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Global Sheep Milk Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Organic and Conventional) and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others) and Geography

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    Report

  • 101 Pages
  • August 2021
  • Region: Global
  • The Insight Partners
  • ID: 5446300
UP TO OFF until Jun 30th 2024
The sheep milk market was valued at US$ 6,129.64 million in 2021 and is projected to reach US$ 8,095.61 million by 2028; it is expected to grow at a CAGR of 4.1% from 2021 to 2028.



Sheep milk, also known as ewe’s milk, is obtained from domestic sheep. Several sheep breeds are farmed to get wool and are further used for meat and milk; however, a few specialized breeds are only utilized for commercial dairy products as they have a higher yield and longer lactating period. Sheep milk has been utilized since primordial time, owing to its high acceptability and digestibility to the human digestive system. It is further considered to be a healthy alternative to cow and goat milk, as it offers resistance against certain diseases and has antiallergenic properties. It mainly consists of a high amount of protein (5.4%); lactose (4.9%); lipid fat (6.4%); saturated fatty acids; carbohydrates; unsaturated fatty acids, including oleic acid, conjugated linoleic acids, and trans-fatty acids; vitamins, such as vitamin B12, vitamin B5, vitamin A, vitamin B2, vitamin B1, vitamin C; minerals, such as phosphorus and calcium; and amino acids, such as tryptophan, valine, threonine, isoleucine, leucine, lysine, and histidine.

Based on category, the sheep milk is segmented into organic and conventional. In 2020, the conventional segment accounted for a larger market share. Conventional sheep milk is obtained from sheep fed with conventionally grown feed i.e., with the application of chemicals. The majority of the dairy farmers use conventional sheep farming practices to deliver milk to consumers as it is more economical. Conventional farming is known as one of the most popular as well as preferred farming methods, owing to its price and easy availability. All these factors have led to a significant rise in demand for conventional sheep milk.

Geographically, the sheep milk market is segmented into North America, Europe, Asia-Pacific (APAC), South & Central America (SAM), and Middle East & Africa (MEA). Asia-Pacific held the largest revenue share of the global sheep milk market. Steady growth in the middle-class population, coupled with a rise in urbanization in the countries, creates lucrative opportunities for the major market players. Due to the ever-increasing disposable income of the middle-income group population, people are willing to pay higher prices for food products such as sheep milk, which is comparatively expensive than cow milk. Change in consumer preferences for taste, increase in demand for high-protein and high-energy products, rise in demand for sheep milk from health-conscious consumers, and the easy availability of various product variants, are boosting the growth of the sheep milk market in Asia-Pacific. A few key players operating in the Asia-Pacific sheep milk market are Fernglen Farm, Origin Earth Ltd., Sheep Milk Company Ltd., and Spring Sheep Milk Co., among others. The key manufacturers are highly focused on developing high-quality and innovative products to meet the consumer's requirements through research & development, technological advancement, and other strategies.

The ongoing COVID-19 pandemic has massively affected the dairy industries in different countries, including China and the US, owing to decreased farmgate milk prices, worker shortages, disruption & difficulties of moving milk within the supply chains, increased production costs, and the lack of operating capital. However, the COVID-19 pandemic also had a massive impact mainly on how consumers shop, eat, and live. Lockdowns, as well as restaurant closures, have further contributed to an increase in the number of meals cooked and eaten at home, spurring meaningful growth across dairy products such as fluid milk and other milk-made products. Retail-facing dairy industries have benefited from these consumer trends. McKinsey company had conducted the third annual US dairy consumer survey with more than 1,000 respondents in October 2020. In addition, with the relaxation of restrictions on personnel movement and the lifting of lockdown measures, the global sheep milk market is presumed to witness notable growth in the coming years since people are aware of its nutritious value. Sheep milk contains nearly one-third more energy as compared to cow or goat milk (which makes it a favorite of high-performance athletes). It also has double the protein and much more of the right kinds of fats, vitamins, and minerals, particularly calcium, iron, phosphorus, magnesium, and zinc, while being lower in sodium. In addition, the growing demand for food products, especially packaged food & beverages, owing to the COVID-19 outbreak, is driving the demand for sheep milk from the food industry. Amid the COVID-19 pandemic, consumers are focused on maintaining their health, which is likely to boost sales of food products such as sheep milk globally. In the current situation, it is essential to raise immunity to combat the novel coronavirus and maintain hygiene and adhere to all medical advice. Furthermore, the rising demand for essential food products would propel the market growth during the forecast period. The COVID-19 pandemic has had a mild impact on the sheep milk market during the initial phase. However, the market is gaining share during the second wave of COVID-19, and post-pandemic, it is expected to gain significant growth in the coming years.

Origin Earth Limited, Sheep Milk Company Ltd., Velvet Cloud, Best Baa Dairy Limited, OVINO, Secret Lands Farm, and Fernglen Farm are among the well-established players operating in the global sheep milk market.

The overall global sheep milk market size has been derived in accordance with both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global sheep milk market.

Reasons to buy

  • Highlights key business priorities to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global sheep milk market, thereby allowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data

4. Global Sheep Milk Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Competitive Rivalry:
4.2.4 Threat of Substitutes:
4.2.5 Threat of New Entrants:
4.3 Value Chain Analysis
4.3.1 Raw Material:
4.3.2 Processing:
4.3.3 Packaging:
4.4 Expert Opinion

5. Sheep Milk Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Consumer Awareness Toward Health Benefits of Sheep Milk
5.1.2 Increasing Preference of Sheep Milk
5.2 Market Restraints
5.2.1 High Demand for Substitute Products
5.2.2 Presence of Unorganized Market
5.3 Market Opportunities
5.3.1 Growing Retail Infrastructure in Asia-Pacific
5.4 Future Trends
5.4.1 Surging Demand for Organic Products
5.5 Impact Analysis

6. Sheep Milk - Global Market Analysis
6.1 Sheep Milk Market Overview
6.2 Sheep Milk Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning - Key Market Players

7. Global Sheep Milk Market Analysis - By Category
7.1 Overview
7.2 Sheep Milk Market, By Category (2020 and 2028)
7.3 Organic
7.3.1 Overview
7.3.2 Organic: Sheep Milk Market - Revenue and Forecast To 2028 (US$ Million)
7.4 Conventional
7.4.1 Overview
7.4.2 Conventional: Sheep Milk Market - Revenue and Forecast To 2028 (US$ Million)

8. Sheep Milk Market Analysis - By Distribution Channel
8.1 Overview
8.2 Sheep Milk Market, By Distribution Channel (2020 and 2028)
8.3 Supermarkets and Hypermarkets
8.3.1 Overview
8.3.2 Supermarkets and Hypermarkets: Sheep milk Market - Revenue and Forecast To 2028 (US$ Million)
8.4 Convenience Stores
8.4.1 Overview
8.4.2 Convenience Stores: Sheep Milk Market - Revenue and Forecast To 2028 (US$ Million)
8.5 Online Retail
8.5.1 Overview
8.5.2 Online Retail: Sheep Milk Market - Revenue and Forecast To 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Sheep Milk Market - Revenue and Forecast To 2028 (US$ Million)

9. Global Sheep Milk Market - Geographic Analysis
9.1 Overview
9.2 North America: Sheep Milk Market
9.2.1 North America: Sheep Milk Market -Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Sheep Milk Market, by Category
9.2.3 North America: Sheep Milk Market, by Distribution Channel
9.2.4 North America: Sheep Milk Market, by Key Country
9.2.4.1 Canada: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 Canada: Sheep Milk Market, by Category
9.2.4.1.2 Canada: Sheep Milk Market, by Distribution Channel
9.2.4.2 Rest of North America: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Rest of North America: Sheep Milk Market, by Category
9.2.4.2.2 Rest of North America: Sheep Milk Market, by Distribution Channel
9.3 Europe: Sheep Milk Market
9.3.1 Europe: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Sheep Milk Market, by Category
9.3.3 Europe: Sheep Milk Market, by Distribution Channel
9.3.4 Europe: Sheep Milk Market, by Key Country
9.3.4.1 France: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 France: Sheep Milk Market, by Category
9.3.4.1.2 France: Sheep Milk Market, by Distribution Channel
9.3.4.2 UK: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 UK: Sheep Milk Market, by Category
9.3.4.2.2 UK: Sheep Milk Market, by Distribution Channel
9.3.4.3 Italy: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Sheep Milk Market, by Category
9.3.4.3.2 Italy: Sheep Milk Market, by Distribution Channel
9.3.4.4 Rest of Europe: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 Rest of Europe: Sheep Milk Market, by Category
9.3.4.4.2 Rest of Europe: Sheep Milk Market, by Distribution Channel
9.4 Asia-Pacific: Sheep Milk Market
9.4.1 Asia-Pacific: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia-Pacific: Sheep Milk Market, by Category
9.4.3 Asia-Pacific: Sheep Milk Market, by Distribution Channel
9.4.4 Asia-Pacific: Sheep Milk Market, by Key Country
9.4.4.1 China: Sheep Milk Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 China: Sheep Milk Market, by Category
9.4.4.1.2 China: Sheep Milk Market, by Distribution Channel
9.4.4.2 India: Sheep Milk Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 India: Sheep Milk Market, by Category
9.4.4.2.2 India: Sheep Milk Market, by Distribution Channel
9.4.4.3 Australia & New Zealand: Sheep Milk Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 Australia & New Zealand: Sheep Milk Market, by Category
9.4.4.3.2 Australia & New Zealand: Sheep Milk Market, by Distribution Channel
9.4.4.4 Rest of Asia-Pacific: Sheep Milk Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 Rest of Asia-Pacific: Sheep Milk Market, by Category
9.4.4.4.2 Rest of Asia-Pacific: Sheep Milk Market, by Distribution Channel
9.5 Middle East & Africa: Sheep Milk Market
9.5.1 Middle East & Africa: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.5.2 Middle East & Africa: Sheep Milk Market, by Category
9.5.3 Middle East & Africa: Sheep Milk Market, by Distribution Channel
9.6 South & Central America: Sheep Milk Market
9.6.1 South & Central America: Sheep Milk Market - Revenue and Forecast to 2028 (US$ Million)
9.6.2 South & Central America: Sheep Milk Market, by Category
9.6.3 South & Central America: Sheep Milk Market, by Distribution Channel

10. Overview- Impact of Coronavirus Outbreak
10.1 Impact of COVID-19 Pandemic on Sheep Milk Market
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.2 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.3 South & Central America: Impact Assessment of COVID-19 Pandemic

11. Company Profiles
11.1 Origin Earth Limited
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Sheep Milk Company Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Velvet Cloud
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Best Baa Dairy Limited
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 OVINO
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Secret Lands Farm
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Fernglen Farm
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments

12. Appendix
12.1 About The Publisher
12.2 Word IndexList of Tables
Table 1. Nutrition Profile of Cow, Goat, Buffalo, and Sheep Milk: Milk Composition Analysis, Amount Per 8 oz Serving (1 cup; 244 g)
Table 2. Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Sheep Milk Market, by Category –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Sheep Milk Market, by Distribution Channel –Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of North America: Sheep Milk Market, by Category –Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of North America: Sheep Milk Market, by Distribution Channel –Revenue and Forecast to 2028 (US$ Million)
Table 9. Europe Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 10. Europe Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. France Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12. France Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 19. Asia-Pacific Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 20. Asia-Pacific Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 21. China Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 22. China Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 23. India Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 24. India Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 25. Australia & New Zealand Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 26. Australia & New Zealand Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Asia-Pacific Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Asia-Pacific Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 29. Middle East & Africa Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 30. Middle East & Africa Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 31. South & Central America Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 32. South & Central America Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 33. List of AbbreviationList of Figures
Figure 1. Global Sheep Milk Market Segmentation
Figure 2. Sheep Milk Market Segmentation – By Geography
Figure 3. Global Sheep Milk Market Overview
Figure 4. Sheep Milk Market, By Distribution Channel
Figure 5. Sheep Milk Market, By Geography
Figure 6. Global Sheep Milk Market, Industry Landscape
Figure 7. Porter ‘s Five Forces Analysis for Sheep Milk Market
Figure 8. Value Chain: Sheep Milk
Figure 9. Expert Opinion
Figure 10. Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Sheep Milk Market
Figure 12. Global: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Sheep Milk Market Revenue Share, By Category (2020 and 2028)
Figure 14. Organic: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Conventional: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Sheep Milk Market Revenue Share, By Distribution Channel (2020 and 2028)
Figure 17. Supermarkets and Hypermarkets: Sheep milk Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Convenience Stores: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Online Retail: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Global Sheep Milk Market Revenue Share, by Region (2020 and 2028)
Figure 22. North America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America: Sheep Milk Market Revenue Share, by Category (2020 and 2028)
Figure 24. North America: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 25. North America: Sheep Milk Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. Canada: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of North America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe: Sheep Milk Market Revenue Share, by Category (2020 and 2028)
Figure 30. Europe: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 31. Europe: Sheep Milk Market Revenue Share, by Key Country (2020 and 2028)
Figure 32. France: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. UK: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Italy: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Rest of Europe: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Asia-Pacific: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Asia-Pacific: Sheep Milk Market Revenue Share, by Category (2020 and 2028)
Figure 38. Asia-Pacific: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 39. Asia-Pacific: Sheep Milk Market Revenue Share, by Key Country (2020 and 2028)
Figure 40. China: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million)
Figure 41. India: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million)
Figure 42. Australia & New Zealand: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of Asia-Pacific: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million)
Figure 44. Middle East & Africa: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Middle East & Africa: Sheep Milk Market Revenue Share, by Category (2020 and 2028)
Figure 46. Middle East & Africa: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 47. South & Central America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. South & Central America: Sheep Milk Market Revenue Share, by Category (2020 and 2028)
Figure 49. South & Central America: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 50. Impact of COVID-19 Pandemic in North America
Figure 51. Impact of COVID-19 Pandemic in Europe
Figure 52. Impact of COVID-19 Pandemic in Asia-Pacific
Figure 53. Impact of COVID-19 Pandemic in Middle East and Africa
Figure 54. Impact of COVID-19 Pandemic in South & Central America

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Origin Earth Limited
  • Sheep Milk Company Ltd.
  • Velvet Cloud
  • Best Baa Dairy Limited
  • OVINO
  • Secret Lands Farm
  • Fernglen Farm

Table Information