Sheep Milk Market to Grow at a CAGR of 4.1% to reach US$ 8,095.61 Million from 2020 to 2028

    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

    Publication Month: Aug 2021 | Report Code: TIPRE00016630 | No. of Pages: 101 | Category: Food and Beverages | Status: Published

    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.

    Asia-Pacific is anticipated to hold the largest share of the global sheep milk market during the forecast period. 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.

    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.

    Geographic Overview of Sheep Milk Market

    Geographic Overview of Sheep Milk Market

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    Market Insights

    Growing Consumer Awareness Toward Health Benefits of Sheep Milk

    Sheep milk has been used since primordial time owing to its huge acceptability and digestibility to the human digestive system. Various sheep breeds are farmed to get wool and are further utilized for meat and milk. Besides, it is considered a healthy alternative to cow and goat milk. The demand for sheep milk, along with byproducts, has increased, owing to the increasing awareness about its high nutritional value and wide health benefits. It boosts immunity, enhances development and growth, improves reproductive health, prevents cancer, maintains blood pressure and cardiac health, regulates cholesterol, and improves bones mineral density and blood vascular system.

    Category Insights

    Based on category, the global sheep milk market is segmented into organic and conventional.

    The conventional segment held a larger share of the market. 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.

    Global Sheep Milk Market, by Category – 2020 and 2028

    Global Sheep Milk Market, by Category – 2020 and 2028

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    Distribution Channel Insights

    Based on distribution channel, the global sheep milk market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The convenience stores segment held the largest share of the market. A convenience store is a retail outlet that sells a limited range of ready-to-eat products, bottled and fountain beverages, and various other products. The staff of a convenience store has complete knowledge about the product, which helps buyers know the product's specifications before buying. In the US, convenience stores are usually associated with fuel stations. They are often located along busy roads or at important intersections in a community. Displaying products through convenience stores offer several benefits such as providing an opportunity for growth, targeted product placement, wide geographic reach, a perfect place for product testing, and many others, to the manufacturers and any brand. Due to all these benefits, even the sheep milk brands are selling their products through this sales channel. Also, the growing focus of consumers on purchasing the right quality products, increasing health concerns, and increasing focus on nutritional values are creating a lucrative demand for sheep milk.

    Strategic Insights

    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. These companies offer their products worldwide, which helps them in catering to a wider customer base. The major market players are highly focused on the development of high-quality and innovative products to meet customer requirements. Over the past few years, the companies operating in the market have realized the immense potential of the sheep milk market, and they are adopting strategies such as mergers & acquisitions and product launches to boost the market growth.

    Report Spotlights

    • Progressive industry trends in the global sheep milk market to help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the global sheep milk market from 2019 to 2028
    • Estimation of the demand for sheep milk across various industries
    • Recent developments to understand the competitive market scenario and the demand for sheep milk
    • Market trends and outlook, coupled with factors driving and restraining the growth of the sheep milk market
    • Decision-making process by understanding strategies that underpin commercial interest with regard to the global sheep milk market growth
    • Sheep milk market size at various nodes of the market
    • Detailed overview and segmentation of the global sheep milk market, as well as its dynamics in the industry
    • Sheep milk market size in various regions with promising growth opportunities

    The report segments the global sheep milk market as follows:

    Based on category, the global sheep milk market is segmented into organic and conventional.

    In terms of

    distribution channel

    ,

    the global sheep milk market

    has been segmented into

    supermarkets & hypermarkets, convenience stores, online retail, and others. By geography, the sheep milk market is segmented into five main regions—North America, Europe, Asia Pacific, Middle East & Africa, and South America.

    Company Profiles

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

    1. Introduction. 14

    1.1 Study Scope. 14

    1.2 The Insight Partners Research Report Guidance. 14

    1.3 Market Segmentation. 15

    2. Key Takeaways. 17

    3. Research Methodology. 21

    3.1 Scope of the Study. 21

    3.2 Research Methodology. 21

    3.2.1 Data Collection. 22

    3.2.2 Primary Interviews. 23

    3.2.3 Hypothesis Formulation. 23

    3.2.4 Macro-economic Factor Analysis. 23

    3.2.5 Developing Base Number 23

    3.2.6 Data Triangulation. 23

    3.2.7 Country Level Data. 24

    4. Global Sheep Milk Market Landscape. 25

    4.1 Market Overview.. 25

    4.2 Porter’s Five Forces Analysis. 26

    4.2.1 Bargaining Power of Buyers: 27

    4.2.2 Bargaining Power of Suppliers: 27

    4.2.3 Competitive Rivalry: 27

    4.2.4 Threat of Substitutes: 27

    4.2.5 Threat of New Entrants: 28

    4.3 Value Chain Analysis. 28

    4.3.1 Raw Material: 29

    4.3.2 Processing: 29

    4.3.3 Packaging: 30

    4.4 Expert Opinion. 30

    5. Sheep Milk Market – Key Market Dynamics. 31

    5.1 Market Drivers. 31

    5.1.1 Growing Consumer Awareness Toward Health Benefits of Sheep Milk. 31

    5.1.2 Increasing Preference of Sheep Milk. 31

    5.2 Market Restraints. 32

    5.2.1 High Demand for Substitute Products. 32

    5.2.2 Presence of Unorganized Market 32

    5.3 Market Opportunities. 33

    5.3.1 Growing Retail Infrastructure in Asia-Pacific. 33

    5.4 Future Trends. 33

    5.4.1 Surging Demand for Organic Products. 33

    5.5 Impact Analysis. 34

    6. Sheep Milk – Global Market Analysis. 35

    6.1 Sheep Milk Market Overview.. 35

    6.2 Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 37

    6.3 Competitive Positioning – Key Market Players. 38

    7. Global Sheep Milk Market Analysis – By Category. 39

    7.1 Overview.. 39

    7.2 Sheep Milk Market, By Category (2020 and 2028) 39

    7.3 Organic. 39

    7.3.1 Overview.. 39

    7.3.2 Organic: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 39

    7.4 Conventional 41

    7.4.1 Overview.. 41

    7.4.2 Conventional: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 41

    8. Sheep Milk Market Analysis – By Distribution Channel 42

    8.1 Overview.. 42

    8.2 Sheep Milk Market, By Distribution Channel (2020 and 2028) 42

    8.3 Supermarkets and Hypermarkets. 42

    8.3.1 Overview.. 42

    8.3.2 Supermarkets and Hypermarkets: Sheep milk Market – Revenue and Forecast To 2028 (US$ Million) 43

    8.4 Convenience Stores. 44

    8.4.1 Overview.. 44

    8.4.2 Convenience Stores: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 44

    8.5 Online Retail 45

    8.5.1 Overview.. 45

    8.5.2 Online Retail: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 45

    8.6 Others. 46

    8.6.1 Overview.. 46

    8.6.2 Others: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 46

    9. Global Sheep Milk Market – Geographic Analysis. 47

    9.1 Overview.. 47

    9.2 North America: Sheep Milk Market 47

    9.2.1 North America: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 48

    9.2.2 North America: Sheep Milk Market, by Category. 49

    9.2.3 North America: Sheep Milk Market, by Distribution Channel 50

    9.2.4 North America: Sheep Milk Market, by Key Country. 51

    9.2.4.1 Canada: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 51

    9.2.4.1.1 Canada: Sheep Milk Market, by Category. 52

    9.2.4.1.2 Canada: Sheep Milk Market, by Distribution Channel 52

    9.2.4.2 Rest of North America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 53

    9.2.4.2.1 Rest of North America: Sheep Milk Market, by Category. 53

    9.2.4.2.2 Rest of North America: Sheep Milk Market, by Distribution Channel 54

    9.3 Europe: Sheep Milk Market 54

    9.3.1 Europe: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 55

    9.3.2 Europe: Sheep Milk Market, by Category. 55

    9.3.3 Europe: Sheep Milk Market, by Distribution Channel 56

    9.3.4 Europe: Sheep Milk Market, by Key Country. 57

    9.3.4.1 France: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 57

    9.3.4.1.1 France: Sheep Milk Market, by Category. 58

    9.3.4.1.2 France: Sheep Milk Market, by Distribution Channel 58

    9.3.4.2 UK: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 59

    9.3.4.2.1 UK: Sheep Milk Market, by Category. 59

    9.3.4.2.2 UK: Sheep Milk Market, by Distribution Channel 60

    9.3.4.3 Italy: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 60

    9.3.4.3.1 Italy: Sheep Milk Market, by Category. 61

    9.3.4.3.2 Italy: Sheep Milk Market, by Distribution Channel 61

    9.3.4.4 Rest of Europe: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 62

    9.3.4.4.1 Rest of Europe: Sheep Milk Market, by Category. 62

    9.3.4.4.2 Rest of Europe: Sheep Milk Market, by Distribution Channel 63

    9.4 Asia-Pacific: Sheep Milk Market 64

    9.4.1 Asia-Pacific: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 64

    9.4.2 Asia-Pacific: Sheep Milk Market, by Category. 65

    9.4.3 Asia-Pacific: Sheep Milk Market, by Distribution Channel 66

    9.4.4 Asia-Pacific: Sheep Milk Market, by Key Country. 67

    9.4.4.1 China: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 67

    9.4.4.1.1 China: Sheep Milk Market, by Category. 68

    9.4.4.1.2 China: Sheep Milk Market, by Distribution Channel 68

    9.4.4.2 India: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 69

    9.4.4.2.1 India: Sheep Milk Market, by Category. 69

    9.4.4.2.2 India: Sheep Milk Market, by Distribution Channel 70

    9.4.4.3 Australia & New Zealand: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 70

    9.4.4.3.1 Australia & New Zealand: Sheep Milk Market, by Category. 71

    9.4.4.3.2 Australia & New Zealand: Sheep Milk Market, by Distribution Channel 71

    9.4.4.4 Rest of Asia-Pacific: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 72

    9.4.4.4.1 Rest of Asia-Pacific: Sheep Milk Market, by Category. 72

    9.4.4.4.2 Rest of Asia-Pacific: Sheep Milk Market, by Distribution Channel 73

    9.5 Middle East & Africa: Sheep Milk Market 74

    9.5.1 Middle East & Africa: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 74

    9.5.2 Middle East & Africa: Sheep Milk Market, by Category. 75

    9.5.3 Middle East & Africa: Sheep Milk Market, by Distribution Channel 76

    9.6 South & Central America: Sheep Milk Market 77

    9.6.1 South & Central America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 77

    9.6.2 South & Central America: Sheep Milk Market, by Category. 78

    9.6.3 South & Central America: Sheep Milk Market, by Distribution Channel 78

    10. Overview- Impact of Coronavirus Outbreak. 80

    10.1 Impact of COVID-19 Pandemic on Sheep Milk Market 80

    10.2 North America: Impact Assessment of COVID-19 Pandemic. 81

    10.3 Europe: Impact Assessment of COVID-19 Pandemic. 82

    10.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic. 83

    10.2 Middle East and Africa: Impact Assessment of COVID-19 Pandemic. 84

    10.3 South & Central America: Impact Assessment of COVID-19 Pandemic. 85

    11. Company Profiles. 86

    11.1 Origin Earth Limited. 86

    11.1.1 Key Facts. 86

    11.1.2 Business Description. 86

    11.1.3 Products and Services. 86

    11.1.4 Financial Overview.. 86

    11.1.5 SWOT Analysis. 87

    11.1.6 Key Developments. 87

    11.2 Sheep Milk Company Ltd. 88

    11.2.1 Key Facts. 88

    11.2.2 Business Description. 88

    11.2.3 Products and Services. 88

    11.2.4 Financial Overview.. 88

    11.2.5 SWOT Analysis. 89

    11.2.6 Key Developments. 89

    11.3 Velvet Cloud. 90

    11.3.1 Key Facts. 90

    11.3.2 Business Description. 90

    11.3.3 Products and Services. 90

    11.3.4 Financial Overview.. 90

    11.3.5 SWOT Analysis. 91

    11.3.6 Key Developments. 91

    11.4 Best Baa Dairy Limited. 92

    11.4.1 Key Facts. 92

    11.4.2 Business Description. 92

    11.4.3 Products and Services. 92

    11.4.4 Financial Overview.. 92

    11.4.5 SWOT Analysis. 93

    11.4.6 Key Developments. 93

    11.5 OVINO.. 94

    11.5.1 Key Facts. 94

    11.5.2 Business Description. 94

    11.5.3 Products and Services. 94

    11.5.4 Financial Overview.. 94

    11.5.5 SWOT Analysis. 95

    11.5.6 Key Developments. 95

    11.6 Secret Lands Farm.. 96

    11.6.1 Key Facts. 96

    11.6.2 Business Description. 96

    11.6.3 Products and Services. 96

    11.6.4 Financial Overview.. 96

    11.6.5 SWOT Analysis. 97

    11.6.6 Key Developments. 97

    11.7 Fernglen Farm.. 98

    11.7.1 Key Facts. 98

    11.7.2 Business Description. 98

    11.7.3 Products and Services. 98

    11.7.4 Financial Overview.. 98

    11.7.5 SWOT Analysis. 99

    11.7.6 Key Developments. 99

    12. Appendix. 100

    12.1 About The Insight Partners. 100

    12.2 Word Index. 100


    LIST 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) 31

    Table 2. Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 37

    Table 3. North America: Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million) 49

    Table 4. North America: Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 50

    Table 5. Canada: Sheep Milk Market, by Category –Revenue and Forecast to 2028 (US$ Million) 52

    Table 6. Canada: Sheep Milk Market, by Distribution Channel –Revenue and Forecast to 2028 (US$ Million) 52

    Table 7. Rest of North America: Sheep Milk Market, by Category –Revenue and Forecast to 2028 (US$ Million) 53

    Table 8. Rest of North America: Sheep Milk Market, by Distribution Channel –Revenue and Forecast to 2028 (US$ Million) 54

    Table 9. Europe Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 56

    Table 10. Europe Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 56

    Table 11. France Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million) 58

    Table 12. France Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 58

    Table 13. UK Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million) 59

    Table 14. UK Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 60

    Table 15. Italy Sheep Milk Market, by Category – Revenue and Forecast to 2028 (US$ Million) 61

    Table 16. Italy Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 61

    Table 17. Rest of Europe Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 62

    Table 18. Rest of Europe Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 63

    Table 19. Asia-Pacific Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 65

    Table 20. Asia-Pacific Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 66

    Table 21. China Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 68

    Table 22. China Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 68

    Table 23. India Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 69

    Table 24. India Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 70

    Table 25. Australia & New Zealand Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 71

    Table 26. Australia & New Zealand Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 71

    Table 27. Rest of Asia-Pacific Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 72

    Table 28. Rest of Asia-Pacific Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 73

    Table 29. Middle East & Africa Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 75

    Table 30. Middle East & Africa Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 76

    Table 31. South & Central America Sheep Milk Market, by Category– Revenue and Forecast to 2028 (US$ Million) 78

    Table 32. South & Central America Sheep Milk Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million) 79

    Table 33. List of Abbreviation. 100


    LIST OF FIGURES

    Figure 1. Global Sheep Milk Market Segmentation. 15

    Figure 2. Sheep Milk Market Segmentation – By Geography. 16

    Figure 3. Global Sheep Milk Market Overview.. 17

    Figure 4. Sheep Milk Market, By Distribution Channel 18

    Figure 5. Sheep Milk Market, By Geography. 19

    Figure 6. Global Sheep Milk Market, Industry Landscape. 20

    Figure 7. Porter ‘s Five Forces Analysis for Sheep Milk Market 26

    Figure 8. Value Chain: Sheep Milk. 28

    Figure 9. Expert Opinion. 30

    Figure 10. Impact Analysis of Drivers and Restraints. 34

    Figure 11. Geographic Overview of Sheep Milk Market 36

    Figure 12. Global: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 37

    Figure 13. Sheep Milk Market Revenue Share, By Category (2020 and 2028) 39

    Figure 14. Organic: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 40

    Figure 15. Conventional: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 41

    Figure 16. Sheep Milk Market Revenue Share, By Distribution Channel (2020 and 2028) 42

    Figure 17. Supermarkets and Hypermarkets: Sheep milk Market – Revenue and Forecast To 2028 (US$ Million) 43

    Figure 18. Convenience Stores: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 44

    Figure 19. Online Retail: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 45

    Figure 20. Others: Sheep Milk Market – Revenue and Forecast To 2028 (US$ Million) 46

    Figure 21. Global Sheep Milk Market Revenue Share, by Region (2020 and 2028) 47

    Figure 22. North America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 48

    Figure 23. North America: Sheep Milk Market Revenue Share, by Category (2020 and 2028) 49

    Figure 24. North America: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028) 50

    Figure 25. North America: Sheep Milk Market Revenue Share, by Key Country (2020 and 2028) 51

    Figure 26. Canada: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 51

    Figure 27. Rest of North America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 53

    Figure 28. Europe: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 55

    Figure 29. Europe: Sheep Milk Market Revenue Share, by Category (2020 and 2028) 55

    Figure 30. Europe: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028) 56

    Figure 31. Europe: Sheep Milk Market Revenue Share, by Key Country (2020 and 2028) 57

    Figure 32. France: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 57

    Figure 33. UK: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 59

    Figure 34. Italy: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 60

    Figure 35. Rest of Europe: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 62

    Figure 36. Asia-Pacific: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 65

    Figure 37. Asia-Pacific: Sheep Milk Market Revenue Share, by Category (2020 and 2028) 65

    Figure 38. Asia-Pacific: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028) 66

    Figure 39. Asia-Pacific: Sheep Milk Market Revenue Share, by Key Country (2020 and 2028) 67

    Figure 40. China: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 67

    Figure 41. India: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 69

    Figure 42. Australia & New Zealand: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 70

    Figure 43. Rest of Asia-Pacific: Sheep Milk Market –Revenue and Forecast to 2028 (US$ Million) 72

    Figure 44. Middle East & Africa: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 74

    Figure 45. Middle East & Africa: Sheep Milk Market Revenue Share, by Category (2020 and 2028) 75

    Figure 46. Middle East & Africa: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028) 76

    Figure 47. South & Central America: Sheep Milk Market – Revenue and Forecast to 2028 (US$ Million) 77

    Figure 48. South & Central America: Sheep Milk Market Revenue Share, by Category (2020 and 2028) 78

    Figure 49. South & Central America: Sheep Milk Market Revenue Share, by Distribution Channel (2020 and 2028) 79

    Figure 50. Impact of COVID-19 Pandemic in North America. 81

    Figure 51. Impact of COVID-19 Pandemic in Europe. 82

    Figure 52. Impact of COVID-19 Pandemic in Asia-Pacific. 83

    Figure 53. Impact of COVID-19 Pandemic in Middle East and Africa. 84

    Figure 54. Impact of COVID-19 Pandemic in South & Central America. 85

    The List of Companies - Sheep Milk Market

    1. Origin Earth Limited
    2. Sheep Milk Company Ltd.
    3. Velvet Cloud
    4. Best Baa Dairy Limited
    5. OVINO
    6. Secret Lands Farm
    7. Fernglen Farm
    • 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.
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    Frequently Asked Questions

    The major players operating in the global sheep milk market are Origin Earth Limited, Sheep Milk Company Ltd., Velvet Cloud, Best Baa Dairy Limited, OVINO, Secret Lands Farm, and Fernglen Farm.
    Based on distribution channel, the convenience segment dominated the market in 2020 and is expected to maintain its dominance throughout the forecast period. Displaying products through convenience stores offer several benefits to the manufacturers and any brand, such as provides an opportunity for growth, targeted product placement, wide geographic reach, a perfect place for product testing, and many others. Due to all these benefits, the sheep milk brands prefer selling their products through this sales channel.
    In 2020, Asia-Pacific accounted for the largest share of nearly 35% in the global sheep milk market. Steady growth in the middle-class population coupled with the growth 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 costlier than cow milk. Factors such as changing consumer preferences for taste, increasing demand for high-protein and high-energy products, growing demand for sheep milk among health-conscious consumers, and the easy availability of various product variants boost the growth of the sheep milk market in Asia-Pacific.
    The global sheep milk market growth is majorly influenced by determinants such as growing consumer awareness toward health benefits of sheep milk, presence of unorganized market, high demand for substitute products, and increasing preference of sheep milk.
    The conventional segment is expected to dominate the market during the forecast period. Conventional sheep milk is obtained from sheep fed with conventionally grown feed i.e., with the application of chemicals. Majority of the dairy farmers use conventional sheep farming practices to deliver milk to consumers as it is more economical. Additionally, majority of the farmers allow their sheep to graze in open grasslands, which are not organically certified lands, resulting in the production of non-organic milk. All these factors have led to a significant rise in demand for conventional sheep milk.
    The global sheep milk market is a less competitive market since the geographic reach is not wide as player majorly cater to the demand of local retail customers only. So, the number of players is very less and mainly concentrated in certain regions/country only. Thus, competition is less.

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