The invention relates to milk products having a reduced caloric value. In particular, the invention provides tasty low -lactose, low-calorie milk products and methods for the preparation thereof. A low-calorie milk product of the invention is characterized by a fat content lower than 1.5 wt.%, a lactose content lower than 4 wt.%, a protein content between about 1 and 5 wt.%, and a casein to whey protein ratio higher than that in raw milk. The product is for instance a milk, (fruit) yogurt, via or (fruit) yogurt drink.