Reconstituted Milk Market Analysis

  • Report ID: 6723
  • Published Date: Nov 21, 2024
  • Report Format: PDF, PPT

Reconstituted Milk Market Analysis

Application (Milk, Cheese, Yogurt, Ice Cream, Others)

By Application, the milk segment is anticipated to dominate around 27.4% reconstituted milk market share by the end of 2037. The is due to its versatility and alignment with evolving consumer preferences. From 524 million tonnes in 1992 to 930 million tonnes in 2022, the world's milk production has grown by more than 77%. It provides a cost-effective and long-lasting alternative to fresh milk, appealing to households seeking convenience amid busy lifestyles.

In Japan, the aging population drives demand for nutrient-rich options like reconstituted milk, which is often fortified with essential vitamins and minerals. Additionally, advancements in processing technologies have improved its taste and quality, fostering consumer trust. Its suitability for regions with limited access to fresh dairy and its role in emergency food supplies further boost its growth, especially in import-dependent markets like Japan.

Source (Skimmed Milk, Whole Milk, Anhydrous Milk Fat)

As per the division by source, the skimmed milk segment is estimated to hold the majority of the reconstituted milk market share over the forecast period. The segment’s growth is due to its appeal among health-conscious consumers seeking low-fat and calorie options. With rising awareness of the benefits of reduced fat diets, skimmed milk is gaining traction for its ability to provide essential nutrients like protein and calcium without the added fat content of whole milk.

It was predicted that the amount of skim milk powder consumed in the EU would rise by a total of 39 thousand tonnes between 2023 and 2033. Its extended shelf and affordability make it a practical choice for consumers in both developed and emerging markets. In Japan, the aging population and increased focus on managing lifestyle-related conditions, such as obesity and health, further drive demand for skimmed reconstituted milk products.

Our in-depth analysis of the global reconstituted milk market includes the following segments:

Application

  • Milk
  • Cheese
  • Yogurt
  • Ice Cream
  • Others

Source

  • Skimmed Milk
  • Whole Milk
  • Anhydrous Milk Fat
  • Unsalted Frozen Butter

Distribution Channel

  • B2B
  • B2C
    • Online
    • Hypermarkets/Supermarkets
    • Wholesale Stores
    • Others

 

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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 6723
  • Published Date: Nov 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the Reconstituted Milk market was over USD 246.4 billion.

The market size for the Reconstituted Milk market is projected to reach USD 670.4 billion by the end of 2037 expanding at a CAGR of 8.7% during the forecast period i.e., between 2025-2037.

The major players in the market are, ArtaFoods, Saputo Inc., LACTALIS, Pine Hill Dairy, Schreiber Foods Inc., and others.

In terms of applications segment, the milk segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Asia Pacific is projected to hold the largest market share of 48.2% by the end of 2037 and provide more business opportunities in the future.
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