Market Overview:
The global recombined milk market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for recombined milk products due to their nutritional benefits, rising disposable incomes, and growing awareness about the health benefits of these products. The global recombined milk market is segmented on the basis of type into full-fat dairy products and skimmed dairy products. The full-fat dairy product segment is expected to account for a larger share of the global recombined milk market than the skimmed dairy product segment during the forecast period. This can be attributed to their high nutritional value and rising demand from developing countries such as India and China. On the basis of application,the global recombined milkmarket is divided into infancy, childhood, adolescence, early adulthood or older age groupings.
Product Definition:
Recombined milk is the mixture of skimmed milk and cream. It is important because it has a high butterfat content which makes it ideal for making butter, ice cream, and other dairy products.
Full-Fat Dairy Products:
Full-fat dairy products are those that contain butter, cream, cheese and other milk derivatives. The fats in these products are not processed or altered in any way. They remain a solid at room temperature and have the same nutritional value as the original fat (butter). Full-fat dairy products have been consumed for thousands of years because they provide all the essential fatty acids which help to maintain health.
The major problem with low-fat dairy items is that they lack flavor.
Skimmed Dairy Products:
Skimmed dairy products are those which have had most of the milk fat removed in processing. Skimmed milk is usually used in producing low-fat spreads, yogurts and other such products. It can also be used as an ingredient for making low-calorie confectionery items such as butter & cream cheese or ice cream topping.
The global market for skimmed dairy product was valued at USD 3,500 million in 2014.
Application Insights:
On the basis of application, the global recombined milk market has been segmented into infancy, childhood, adolescences and early adulthood or older. Infancy held the largest share in 2017 owing to increasing awareness about providing nutrition to infants and growing demand for infant formula products. Moreover, growth in demand for low-fat dairy products is expected to boost segment growth during the forecast period.
The Childhood application segment is expected to witness significant growth over the forecast period on account of rising health consciousness among children as well as adults which has resulted in increased consumption of fortified foods including cereals and milk along with them. Increasing use of skimmed forms such as skimmed yogurt coupled with full-fat dairy products such as cheese is anticipated drive product demand during this age group over next few years.
Rising importance attached by consumers towards physical fitness along with nutritional balance required by body organs are some other factors driving product consumption among adolescents.
Regional Analysis:
Europe was the largest regional market for recombined milk in 2017. The growth of this market is attributed to rising demand for dairy products with reduced levels of saturated fat and cholesterol. Europe has been witnessing a growing number of lactose intolerants among its population, which has led to an increase in the consumption of low-fat dairy products such as recombined milk.
Asia Pacific is expected to be one of the fastest-growing regional markets over the forecast period owing to high demand from countries like China and India, where there is a significant presence of lactose intolerant people. Moreover, increasing health concerns regarding saturated fat content have resulted in consumers shifting towards low-fat or non-fat dairy products such as recombined milk over other alternatives like soy or almond based ones.
Growth Factors:
- Increasing demand for recombined milk from the food and beverage industry as a healthier and more sustainable alternative to traditional dairy milk.
- Growing awareness of the health benefits of recombined milk, especially among consumers looking for lactose-free and vegan options.
- Rising demand for organic recombined milk products as consumers seek out healthier, more environmentally friendly alternatives to conventional dairy products.
- The increasing popularity of plant-based diets, which has led to increased demand for vegan-friendly recombined milk products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Recombined Milk Market Research Report
By Type
Full-Fat Dairy Products, Skimmed Dairy Products
By Application
Infancy, Childhood, Adolescence, Early Adulthood or Older
By Companies
Almarai, Amul Dairy, F&N MAGNOLIA, Gulf and Safa Dairies Abu Dhabi, Qifu Wang, Shandong Chuyuan Food, Shenghuruye, Thai Dairy Industry, Want Want, Yongli Food, Almarai
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Recombined Milk Market Report Segments:
The global Recombined Milk market is segmented on the basis of:
Types
Full-Fat Dairy Products, Skimmed Dairy Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Infancy, Childhood, Adolescence, Early Adulthood or Older
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Almarai
- Amul Dairy
- F&N MAGNOLIA
- Gulf and Safa Dairies Abu Dhabi
- Qifu Wang
- Shandong Chuyuan Food
- Shenghuruye
- Thai Dairy Industry
- Want Want
- Yongli Food
- Almarai
Highlights of The Recombined Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Full-Fat Dairy Products
- Skimmed Dairy Products
- By Application:
- Infancy
- Childhood
- Adolescence
- Early Adulthood or Older
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Recombined Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Recombined milk is a type of milk that has been combined from different types of cows. This can include whole, 2% or skimmed milk.
Some of the key players operating in the recombined milk market are Almarai, Amul Dairy, F&N MAGNOLIA, Gulf and Safa Dairies Abu Dhabi, Qifu Wang, Shandong Chuyuan Food, Shenghuruye, Thai Dairy Industry, Want Want, Yongli Food, Almarai.
The recombined milk market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recombined Milk Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Recombined Milk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recombined Milk Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Recombined Milk Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Recombined Milk Market Size & Forecast, 2020-2028
4.5.1 Recombined Milk Market Size and Y-o-Y Growth
4.5.2 Recombined Milk Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Full-Fat Dairy Products
5.2.2 Skimmed Dairy Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Infancy
6.2.2 Childhood
6.2.3 Adolescence
6.2.4 Early Adulthood or Older
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recombined Milk Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Recombined Milk Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Full-Fat Dairy Products
9.6.2 Skimmed Dairy Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Infancy
9.10.2 Childhood
9.10.3 Adolescence
9.10.4 Early Adulthood or Older
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Full-Fat Dairy Products
10.6.2 Skimmed Dairy Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Infancy
10.10.2 Childhood
10.10.3 Adolescence
10.10.4 Early Adulthood or Older
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Full-Fat Dairy Products
11.6.2 Skimmed Dairy Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Infancy
11.10.2 Childhood
11.10.3 Adolescence
11.10.4 Early Adulthood or Older
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Full-Fat Dairy Products
12.6.2 Skimmed Dairy Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Infancy
12.10.2 Childhood
12.10.3 Adolescence
12.10.4 Early Adulthood or Older
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Full-Fat Dairy Products
13.6.2 Skimmed Dairy Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Infancy
13.10.2 Childhood
13.10.3 Adolescence
13.10.4 Early Adulthood or Older
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Recombined Milk Market: Competitive Dashboard
14.2 Global Recombined Milk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Almarai
14.3.2 Amul Dairy
14.3.3 F&N MAGNOLIA
14.3.4 Gulf and Safa Dairies Abu Dhabi
14.3.5 Qifu Wang
14.3.6 Shandong Chuyuan Food
14.3.7 Shenghuruye
14.3.8 Thai Dairy Industry
14.3.9 Want Want
14.3.10 Yongli Food
14.3.11 Almarai
