Global Reconstituted Milk Market Size & Outlook
The reconstituted milk industry worldwide is expected to reach a projected revenue of US$ 411,904.6 million by 2030. A compound annual growth rate of 8.5% is expected of the worldwide reconstituted milk industry from 2023 to 2030.
Revenue, 2022 (US$M)
$214,411.4
Forecast, 2030 (US$M)
$411,904.6
CAGR, 2023 - 2030
8.5%
Report Coverage
Worldwide
Global reconstituted milk market, 2017-2030 (US$M)
Related Markets
Global reconstituted milk market highlights
- The global reconstituted milk market generated a revenue of USD 214,411.4 million in 2022 and is expected to reach USD 411,904.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.5% by 2030.
- In terms of segment, whole milk accounted for a revenue of USD 105,217.4 million in 2022.
- Anhydrous milk fat is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 214,411.4 million |
| Market revenue in 2030 | USD 411,904.6 million |
| Growth rate | 8.5% (CAGR from 2022 to 2030) |
| Largest segment | Whole milk |
| Fastest growing segment | Anhydrous milk fat |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skimmed milk, Whole milk, Anhydrous milk fat, Unsalted frozen butter |
Other key industry trends
- In terms of revenue, the North America accounted for 9.9% of the global reconstituted milk market in 2022.
- By country, the ANZ is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 6,846.4 million by 2030.
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Reconstituted Milk Market Scope
Reconstituted milk market segmentation & scope
Reconstituted Milk Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global reconstituted milk market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reconstituted milk market will help companies and investors design strategic landscapes.
whole milk was the largest segment with a revenue share of 49.07% in 2022. Horizon Databook has segmented the Global reconstituted milk market based on skimmed milk, whole milk, anhydrous milk fat, unsalted frozen butter covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Reconstituted Milk Source Outlook (Revenue, USD Million, 2017-2030)
- Skimmed milk
- Whole milk
- Anhydrous milk fat
- Unsalted frozen butter
- Global Reconstituted Milk Application Outlook (Revenue, USD Million, 2017-2030)
- Milk
- Cheese
- Yoghurt
- Ice Cream
- Others
- Global Reconstituted Milk Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- B2B
- B2C
- Online sales
- Hypermarkets/supermarkets
- Wholesale stores
- Others
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Our clientele includes a mix of reconstituted milk market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global reconstituted milk market , including forecasts for subscribers. This global databook contains high-level insights into Global reconstituted milk market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global reconstituted milk market statistics, by region, 2017-2030 (US$M)
Top 10 countries: Reconstituted milk market size, 2022 (USD Million)
Top 10 countries: Reconstituted milk market size, 2022 (USD Million)
Global reconstituted milk market, by region, 2022 (US$M)
Related regional statistics
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