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Reconstituted Milk Market Trends

Report ID: GMI6946
Published Date: Oct 2023
Report Format: PDF

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Reconstituted Milk Market Trends

One prominent trend is the growing emphasis on health and wellness. As consumers become more health-conscious, there is an increasing demand for low-fat and low-calorie reconstituted milk options. Manufacturers have responded by developing and marketing healthier variants to cater to this segment of the market. Flavor innovation is another noteworthy trend in the market. Manufacturers are introducing a variety of flavored reconstituted milk products, including chocolate, vanilla, and fruit flavors, to appeal to consumers seeking more indulgent and enjoyable options. These flavored variants are particularly popular among younger consumers and children.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of reconstituted milk reached USD 214.35 billion in 2022 and is estimated to record USD 476.72 billion by 2032, attributed to high application scope in wide range of food products to offer cost-effectiveness and longer shelf life.

Reconstituted milk industry size from the skimmed milk segment generated USD 118.89 billion in revenue in 2022, due to the rising preference for lower-calorie and lower-fat dairy options among health-conscious consumers.

Asia Pacific market size was valued at USD 99.70 billion in 2022, attributed to the presence of large population and diverse dietary preferences across the region.

Some of the major reconstituted milk firms are Nestle S.A., Kraft Heinz, Lactalis, Fonterra, Dairy Farmers of America, Arla Foods, Yili Group, Saputo, Pine Hill Dairy, DMK Group, Mengniu Dairy, Meiji Holdings, and China Modern Dairy.