According to a new report, published by KBV research, The Global Reconstituted Milk Market size is expected to reach $386.6 billion by 2030, rising at a market growth of 8.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 74,771.8 kilo tonnes, experiencing a growth of 3.5% (2019-2022).
The Yogurt segment is exhibiting a CAGR of 8.7% during (2023 - 2030). Reconstituted yogurt accommodates a variety of dietary restrictions and preferences. Reconstituted yogurt can be produced from plant-based sources like soy, almond, or coconut milk, providing consumers who adhere to vegan or dairy-free diets with multiple options. This enables more consumers to appreciate the flavor and health benefits of yogurt.
The Skimmed Milk segment is leading the Global Reconstituted Milk Market by Source in 2022; thereby, achieving a market value of $143.3 billion by 2030. Demand for skim milk-based reconstituted milk is predominantly driven by consumers' increasing health consciousness and desire for lower-fat options. As a result of its lower lipid content, skim milk is widely regarded as a healthier alternative to whole milk. Protein, vitamins, and minerals are still present in skim milk, making it an appealing option for health-conscious consumers.
The B2C segment is showcasing a CAGR of 8.8% during (2023 - 2030). Wholesale retailers cater to customers who prefer to purchase products in abundance. Reconstituted milk is frequently available in more extensive packaging options, making it advantageous for those who wish to stock up on a substantial amount of milk. The availability of bulk quantities of reconstituted milk in wholesale retailers accommodates specifically to the needs of businesses, institutions, and households with high milk consumption.
The Asia Pacific region dominated the Global Reconstituted Milk Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $176.9 million by 2030. The Europe region is poised to grow at a CAGR of 7.6% during (2023 - 2030). Additionally, The North America region would showcase a CAGR of 7.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/reconstituted-milk-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Nestle S.A, Lactalis Group, Fonterra Co-operative Group Limited, Dairy Farmers of America, Inc., Saputo, Inc., Schreiber Foods, Inc., China Mengniu Dairy Company Limited, Meiji Holdings Co., Ltd., and Sodiaal International
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Source (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
