goat milk cosmetics market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. Rising awreness among consumers regarding several skin advantages associated with goat milk is the major factor driving its demand in the market. Goat milk products provide skin advantages and nutritional features such as a natural emollient that aids to soothe and moisturize the skin. Additionally, goat's milk contains vitamins A, B6, B12, and E and aids to balance the skin's natural pH while promoting natural exfoliation of dry skin. It is a perfect addition to products such as soap, shampoo, face cream, shaving creams, and moisturizers owing to its hydrating and moisturizing characteristics. Apart from its moisturizing and nourishing properties, consumers are increasingly being aware about its ability to treat various skin conditions such as eczema, and psoriasis which is increasing its adoption among consumers. According to American Academy of Dermatology Association, Approximately 7.5 million people in the US have psoriasis and according to National Eczema Association,  31.6 million people (10.1%) in the U.S. have some form of eczema

People with sensitive skin and skin conditions such as eczema, and psoriasis, which cause redness, itchiness, and skin patches, can often be benefited from using goat’s milk skincare products.

Segmental Outlook 

The global goat milk cosmetics market is segmented based on the product type, and distribution channel. Based on the product type, the market is segmented into skincare products, hair care products, bath and shower products, and others. Based on the distribution channels, the market is categorized into online, and offline. Among the product type segment, the bath and shower products sub-segment is expected to cater prominent market share over the forecast period.

Goat milk soap is the most widely adopted bath and shower product, due to which the bath & shower products segment is expected to hold a significant market share. Conventional soaps contain harsh surfactants that strip the skin’s natural moisture and oils and leave it feeling dry and tight. Hence, consumers are increasingly opting for natural soaps such as goat milk soap due to their soothing properties and short ingredient list. Goat milk is rich in both saturated and unsaturated fats, which makes it ideal for soap production. Additionally, other plant-based oils such as almond, olive, and coconut oil can be used in goat milk soap which further increases the content of healthy and nourishing fats. Owing to the aforementioned benefits goat milk soaps have soared in popularity among consumers which in turn, encourages manufacturers to produce soap infused with unique Ingredients. For instance, in June 2021, Beekman 1802 launched its 100% hemp-derived CBD Goat Milk Body Soap made using 250 mg of broad-spectrum organic CBD. It’s mixed with goat milk and a combination of ingredients, including vitamin E, aloe, and green tea leaves. The company claims it delivers antioxidant and anti-inflammatory benefits while reducing redness and soothing irritation.

Regional Outlooks

The global goat milk cosmetics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America).  The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater to prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the goat milk cosmetics market.

Global Goat Milk Cosmetics Market Growth, by Region 2022-2028

The North American Region is Expected to Hold a Prominent Share in the Global Goat Milk Cosmetics Market

The North American region is expected to hold a prominent share in the global goat milk cosmetics market owing to the presence of major key players in the market coupled with changing beauty trends in this region. Many big giants in goat milk cosmetics products are US-based brands such as Bend Soap Co., Crabtree & Evelyn, Dr. Squatch, Goat Milk Stuff, and others. These players are continuously inclined toward launching skincare and cosmetic products infused with goat milk to cater to the increasing demand of consumers. For instance, in 2022, Canada-based brand, Caprina, launched its affordable, fresh goat’s milk bath product at select US Costco Locations. Caprina’s Original Formula Legendary Bubble Bath is formulated to moisturize the skin and all Caprina products are made with fresh goat’s milk. The product also contains bath salts, essential oils, and vitamin E.

Market Players Outlook

The major companies serving the global goat milk cosmetics market include Bend Soap Co., Crabtree & Evelyn, Ltd, Dr. Squatch, LLC, Goat Milk Stuff LLC, Legend’s Creek LLC, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021, Eurazeo Brands acquired a controlling stake in Beekman 1802, a microbiome-focused skincare brand centered around goat milk. Eurazeo invested $62 million in the company, alongside co-investors Cohesive Capital Partners and the Cherng Family Trust. In total, $92 million was invested.

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global goat milk cosmetics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.