[250 Pages Report] The global demand for malted milk is projected to grow at a steady CAGR of around 5.5% during the forecast period between 2022 and 2032, totaling a valuation of over US$ 12.2 Billion by 2027. Rising adoption of malted milk across various industries such as food and beverages, bakeries, dietary supplements etc. is stimulating the growth of malted milk market.
| Report Attribute | Details |
|---|---|
| Malted Milk Market Estimated Growth Rate (2022 to 2032) | 5.5% CAGR |
| Malted Milk Market Projected Size (2027) | US$ 12.2 Billion |
Malted milk is a powdered gruel made from a mixture of malted cereals (malted barley, wheat flour) and dried milk powder. It is being increasingly used as a flavoring and fortification ingredient in food and beverage. Besides this, it finds application in baking where it helps bakers to prepare and cook dough properly.
Food manufacturers are increasingly using malted milk in preparing a wide range of food products and beverages on account of its ability to impart a creamy mouthfeel and sweetness to the products as well to enhance the nutritional benefits of these food products. Rising consumption of these food products will thus continue to boost the growth of malted milk market during the forecast period.
Demand remains particularly high across developing regions of North America and Western Europe. However, with growing health awareness and increasing spending on food products and beverages, sales of malted milk are slated to grow at a relatively higher CAGR across Asia pacific during the forecast period.
Leading malted milk manufacturers are continuously innovating to meet the end user demands. They are introducing novel products with attractive packaging and affordable rates to woo more and more consumers. This will further accelerate the growth of malted milk market during the forthcoming years.
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Rising adoption of malted milk across diverse industries including food & beverages, confectionery, and bakery is a major factor providing impetus to the growth of malted milk market.
Over the years, malted milk has become a highly-sought after flavoring ingredient used in food and beverage industry due to its high nutritional profile. Malted milk is prepared from dried milk and malted cereals. It contains various essential nutrients (especially vitamins and miners) that provide various benefits ranging from boosting energy levels and enhancing bone health, to improving vision and promoting circulation.
Rapid expansion of food and beverage industry coupled with increasing usage of malted milk in preparing various food and beverage products is expected to push the demand for malted milk during the assessment period. Various food manufacturing companies are expanding their snack portfolios to meet the changing meal consumption and snacking patterns of consumers.
Similarly, rising awareness about the benefits of malted milk coupled with increasing consumption of snacks will create lucrative opportunities for the manufacturers in the future.
In addition to this, rising demand for high nutritional value bakery products, especially across developed regions like North America is expected to encourage manufacturers to use malted milk in their products, thereby expanding the global malted milk market size.
Although malted milk products are gaining wider popularity there are certain factors that are restraining the growth of malted milk market to some extent. Some of these factors include growing trend of veganism, rise in the number of lactose intolerant people, and false claims about the ill effects of malted milk-based drinks.
Principal Consultant
According to Future Market Insights, North America is expected to hold a significant share of the global malted milk market during the forecast period, owing to the increasing consumption of food products like bakeries, confectionery, snacks etc., presence of leading malted milk manufacturing companies, and continuous introduction of innovative product lines such as malted milk confectionery and bakery products.
Over the years, sales of malted milk have risen at a substantial across the U.S. due to thriving food and beverage industry, increasing consumer spending, and increasing penetration of online food platforms. According to the Economic Research Service of the U.S. Department of Agriculture (USDA), food spending by U.S. consumers, businesses, and government entities totaled $1.69 trillion in 2020 and this number is likely to further grow during the forthcoming years, thereby creating space for malted milk market growth.
Similarly, development of plant based malted milk products supported by rising consumer preference towards dairy alternatives will further expand the malted milk market size during the assessment period.
With rising consumption of diary-based food products due to rapidly growing population, increasing disposable income, and changing lifestyle, Asia Pacific market is set to grow at a robust pace during the forecast period.
Demand for malted milk is particularly rising across fast growing nations like China and India due to growing consumer preference for high nutritional foods and beverages. Many food manufacturing companies across Asia Pacific are using malted milk in their products to make them more nutritional and tastier.
Similarly, increasing penetration of online food delivery service platforms will further create opportunities for malted m ilk manufacturers in the region during the forthcoming years.
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Some of the leading manufacturers of malted milk include Briess Malt & Ingredients, Nestlé S.A., Muntons plc, Imperial Malts Ltd., SSP Pvt Limited, Insta Foods, Family Cereal Sdn. Bhd., Food & Biotech Engineers India Private Limited., and King Arthur Flour Company, Inc., among others.
These leading players are increasingly adopting various strategies such as new innovative product launches, partnerships, acquisitions, collaborations, establishment of new facilities across attractive markets, etc. to gain a competitive edge in the global malted milk market.
Companies like Nestle and Imperial Malts have become global leaders in malted milk products. Their brands are being increasingly utilized by people due to better quality.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.5% from 2022 to 2032 |
| Projected Market Size (2027) | 12.2 Billion |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled | Imperial Malts Ltd, Muntons plc, SSP Pvt Limited, Nestlé S.A., Insta Foods, Briess Malt & Ingredients, Family Cereal Sdn. Bhd., Food & Biotech Engineers India Private Limited., and King Arthur Flour Company, Inc. |
| Customization | Available Upon Request |
FMI projects the global malted milk market to grow at a CAGR of around 5.5% over the assessment period.
Asia Pacific is likely to emerge as the most lucrative market for malted milk during the forecast period.
Briess Malt & Ingredients, Muntons plc, Food & Biotech Engineers India Private Limited., SSP Pvt Limited, Imperial Malts Ltd., Insta Foods, Family Cereal Sdn. Bhd., Nestlé S.A. and King Arthur Flour Company, Inc. are some prominent malted milk manufacturers
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Malted Milk Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Source
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Source, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Source, 2022-2032
5.3.1. Barley
5.3.2. Wheat
5.3.3. Others
5.4. Y-o-Y Growth Trend Analysis By Source, 2017-2021
5.5. Absolute $ Opportunity Analysis By Source, 2022-2032
6. Global Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By End User
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By End User, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By End User, 2022-2032
6.3.1. Retail
6.3.2. Food Industry
6.3.2.1. Dairy
6.3.2.2. Bakery
6.3.2.3. Confection
6.3.2.4. Snacks
6.3.2.5. Milkshakes & Smoothies
6.3.2.6. Dietary Supplements
6.3.3. Others
6.4. Y-o-Y Growth Trend Analysis By End User, 2017-2021
6.5. Absolute $ Opportunity Analysis By End User, 2022-2032
7. Global Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Distribution Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Distribution Channel, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Distribution Channel, 2022-2032
7.3.1. Direct
7.3.2. Indirect
7.3.2.1. Hypermarkets/Supermarkets
7.3.2.2. Discount Stores
7.3.2.3. Convenience Stores
7.3.2.4. Specialty Stores
7.3.2.5. Online Retailers
7.3.3. Others
7.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2017-2021
7.5. Absolute $ Opportunity Analysis By Distribution Channel, 2022-2032
8. Global Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Packaging
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Packaging, 2017-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Packaging, 2022-2032
8.3.1. Carton Packs
8.3.2. Jars
8.3.3. Tins
8.3.4. Others
8.4. Y-o-Y Growth Trend Analysis By Packaging, 2017-2021
8.5. Absolute $ Opportunity Analysis By Packaging, 2022-2032
9. Global Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
9.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. Asia Pacific
9.3.5. MEA
9.4. Market Attractiveness Analysis By Region
10. North America Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. U.S.
10.2.1.2. Canada
10.2.2. By Source
10.2.3. By End User
10.2.4. By Distribution Channel
10.2.5. By Packaging
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Source
10.3.3. By End User
10.3.4. By Distribution Channel
10.3.5. By Packaging
10.4. Key Takeaways
11. Latin America Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Source
11.2.3. By End User
11.2.4. By Distribution Channel
11.2.5. By Packaging
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Source
11.3.3. By End User
11.3.4. By Distribution Channel
11.3.5. By Packaging
11.4. Key Takeaways
12. Europe Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. U.K.
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Source
12.2.3. By End User
12.2.4. By Distribution Channel
12.2.5. By Packaging
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Source
12.3.3. By End User
12.3.4. By Distribution Channel
12.3.5. By Packaging
12.4. Key Takeaways
13. Asia Pacific Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.1.4. Malaysia
13.2.1.5. Singapore
13.2.1.6. Australia
13.2.1.7. New Zealand
13.2.1.8. Rest of APAC
13.2.2. By Source
13.2.3. By End User
13.2.4. By Distribution Channel
13.2.5. By Packaging
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Source
13.3.3. By End User
13.3.4. By Distribution Channel
13.3.5. By Packaging
13.4. Key Takeaways
14. MEA Malted Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
14.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Source
14.2.3. By End User
14.2.4. By Distribution Channel
14.2.5. By Packaging
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Source
14.3.3. By End User
14.3.4. By Distribution Channel
14.3.5. By Packaging
14.4. Key Takeaways
15. Key Countries Malted Milk Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Source
15.1.2.2. By End User
15.1.2.3. By Distribution Channel
15.1.2.4. By Packaging
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Source
15.2.2.2. By End User
15.2.2.3. By Distribution Channel
15.2.2.4. By Packaging
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Source
15.3.2.2. By End User
15.3.2.3. By Distribution Channel
15.3.2.4. By Packaging
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Source
15.4.2.2. By End User
15.4.2.3. By Distribution Channel
15.4.2.4. By Packaging
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Source
15.5.2.2. By End User
15.5.2.3. By Distribution Channel
15.5.2.4. By Packaging
15.6. U.K.
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Source
15.6.2.2. By End User
15.6.2.3. By Distribution Channel
15.6.2.4. By Packaging
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Source
15.7.2.2. By End User
15.7.2.3. By Distribution Channel
15.7.2.4. By Packaging
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Source
15.8.2.2. By End User
15.8.2.3. By Distribution Channel
15.8.2.4. By Packaging
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Source
15.9.2.2. By End User
15.9.2.3. By Distribution Channel
15.9.2.4. By Packaging
15.10. China
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Source
15.10.2.2. By End User
15.10.2.3. By Distribution Channel
15.10.2.4. By Packaging
15.11. Japan
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Source
15.11.2.2. By End User
15.11.2.3. By Distribution Channel
15.11.2.4. By Packaging
15.12. South Korea
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Source
15.12.2.2. By End User
15.12.2.3. By Distribution Channel
15.12.2.4. By Packaging
15.13. Malaysia
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Source
15.13.2.2. By End User
15.13.2.3. By Distribution Channel
15.13.2.4. By Packaging
15.14. Singapore
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Source
15.14.2.2. By End User
15.14.2.3. By Distribution Channel
15.14.2.4. By Packaging
15.15. Australia
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Source
15.15.2.2. By End User
15.15.2.3. By Distribution Channel
15.15.2.4. By Packaging
15.16. New Zealand
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Source
15.16.2.2. By End User
15.16.2.3. By Distribution Channel
15.16.2.4. By Packaging
15.17. GCC Countries
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Source
15.17.2.2. By End User
15.17.2.3. By Distribution Channel
15.17.2.4. By Packaging
15.18. South Africa
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Source
15.18.2.2. By End User
15.18.2.3. By Distribution Channel
15.18.2.4. By Packaging
15.19. Israel
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Source
15.19.2.2. By End User
15.19.2.3. By Distribution Channel
15.19.2.4. By Packaging
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Source
16.3.3. By End User
16.3.4. By Distribution Channel
16.3.5. By Packaging
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Imperial Malts Ltd
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Briess Malt & Ingredients
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Muntons plc
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. SSP Pvt Limited
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Insta Foods
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Food & Biotech Engineers India Private Limited
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Nestlé S.A.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. King Arthur Flour Company
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Malted Milk Market
