Spelt Milk Market

Spelt Milk Market Outlook (2022 to 2032)

The global Spelt Milk Market is expected to reach a market valuation of USD 210 million by the year 2022, accelerating with a CAGR of 6.8% by 2022 to 2032. Spelt milk sales are expected to account for a portion of the global plant-based milk market, which is expected to reach USD 14 billion in 2022.

Attributes	Details
Spelt Milk Market Size (2022E)	USD 210.0 Million
Spelt Milk Market Projected Size (2032F)	USD 405.4 Million
Spelt Milk Market CAGR (2022 to 2032)	6.8%
Top 3 Countries Marketing Share	38%

FMI analysis indicates the rising number of milk allergies and lactose intolerance cases is expected to drive the need for dairy alternatives, which leads to expansion in demand for spelt milk even further over the forecast period.

Dairy alternatives are thus used in a variety of food and beverage products to appeal to the growing consumer base that prefers plant-based and other dairy alternatives, indicating the growth of the spelt milk market.

How Do the Historical and Future Prospects of the Spelt Milk Market Look Like?

Due to the wide range of substitutes, demand for spelt milk like hazelnut milk and almond milk is high. The market size is expanding as spelt milk offers a high nutrition value as well as dietary qualities while being high in zinc, iron, magnesium, copper, and others.

Increased demand for easily digestible milk, increased use of spelt milk due to its anti-stress properties and high nutritional content, and the availability of flavored and natural spelt milk are all factors that will contribute to the spelt milk market's growth during the forecast period of 2022 to 2032.

Furthermore, increased research activities into the benefits of spelt, on the other hand, will lead to the creation of new opportunities in the spelt milk market during the forecast period. The prevalence of gluten and the ease of availability of product substitutes are acting as restraints for the growth of the market during the forecast period.

How are the Growing Vegan Trends Driving the Demand for Spelt Milk?

Several customers feel that a vegan diet is healthier and prefer to replace dairy products with plant-based milks, such as soy milk, almond milk, rice milk, and other plant-based milk. Dairy alternatives are primarily consumed by vegans and others who follow a healthy diet, which is moving the spelt milk market share forward.

This response could be influenced by health trends, such as the anticipation that after the pandemic is over, comfort food consumption will decrease, which enhances the market. While nearly half of the consumers believe the dairy business is now environmentally sustainable, one-third say it requires improvement, and one-fifth believe it is not.

As dairy products, which are usually high in calories, and consumers are leading towards a healthy lifestyle, people want to opt for healthier products, promoting the spelt milk market statistics.

What Drives the Spelt Milk Market?

Growing consumer awareness of the benefits of a vegan diet is one of the key factors driving demand for spelt milk around the world. The sales of spelt milk are expanding, as demand for unsweetened dairy alternatives is growing as consumers seek to avoid the extra calories provided by added sugar.

Price and availability of components and technologies used in spelt milk production, demand from end-use industries, and import-export trends are some of the most important factors influencing the market.

Country-wise Insights

What is the Spelt Milk Market Outlook in China?

China dominates the East Asian spelt milk market. This is primarily due to the numerous health and nutritional benefits of spelt milk.

Furthermore, rising demand for convenient foods, as well as the high presence of spelt milk products with high nutrition in the food & beverage industry, will have a positive impact on market growth in China, which is expected to have a market share of USD 13.4 Million through 2032.

What is the Spelt Milk Market Outlook in the UK?

Due to the boom in marketing operations within the region, Europe controls the market. Owing to the increase in disposable income in the region, the North America spelt milk market is predicted to grow significantly between 2022 and 2032.

In the UK, the market for plant-based milk is expected to have a market share of USD 14.3 Million. Demand for spelt milk is increasing rapidly in Europe, creating a favorable growth opportunity for market manufacturers.

What is the Spelt Milk Market Outlook in the USA?

The emergence of the flexitarian lifestyle has created numerous opportunities for the spelt milk market. Consumer lifestyle changes have a huge impact on the functional food and beverage industry, but population aging, increased chronic diseases, and rising healthcare spending are all significant drivers.

Category-wise Insights

What is the Spelt Milk Market Outlook by Ingredient?

According to FMI, based on ingredients, the market is segmented into fiber, proteins, gluten, vitamins and minerals. Minerals are further classified as phosphorus, potassium, manganese and sodium.

What is the Market Outlook for Other Segments?

The market is divided into two segments based on distribution channel, which is further categorized into offline and online. Supermarkets, drugstores and health food stores are the three offline channels.

According to the FMI spelt milk market analysis, the market is divided into dry and liquid, based on form. The market is divided into natural, almonds, and other, based on flavor.

Competitive Landscape:

The top players in the market are focusing on research, development, and innovation. Manufacturers are also heavily investing in improving their operational capabilities and expanding their product footprint globally.

Presently, there are several market players that are becoming fiercely competitive in the spelt milk market share. Few of the competitors are likely to capture the maximum portion of the market.

THE BRIDGE S.R.L, Allos, Natumi Organic, Provamel, Ecomil, Isola Bio (AbafoodsSrl), Poggio Organic, and BioSophia are some of the major players in the market, holding a substantial market share.

Scope of the Report

Attributes	Details
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2022
Market Analysis	USD Million for Value and Million. Sq. M. for Volume
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa
Key Countries Covered	USA, Brazil, Mexico, Germany, UK, China, India, Japan, Australia, and GCC Countries
Key Segments Covered	Ingredient, Distribution Channel, Form, Flavor, Region
Key Companies Profiled	THE BRIDGE S.R.L; Allos; Natumi Organic; Provamel; Ecomil; Isola Bio (AbafoodsSrl); Poggio Organic; BioSophia
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Spelt Milk Market by Category

By Ingredients:

• Fiber
• Gluten
• Proteins
• Vitamins
• Minerals

By Distribution Channel:

• Online
• Offline

By Form, the market is segmented as:

• Dry
• Liquid

By Flavor:

• Natural
• Almond
• Others

By Region:

• North America
• Latin America
• Europe
• Middle East and Africa
• East Asia
• South Asia
• Oceania

Frequently Asked Questions

At What Rate Will The Spelt Milk Market Grow?

The Spelt Milk Market is expected to grow at a CAGR of 6.8% during the forecast period.

What Is The Expected Value Of The Spelt Milk Market By 2032?

By 2032, the Spelt Milk Market is expected to be worth USD 405.4 Million.

What Are The Key Factors Driving The Spelt Milk Market?

Demand for spelt milk is high, owing to the rising use of non-dairy or plant-based cereal milk, growing vegan diet practice, and low-cost availability.

Which Region has the highest Spelt Milk Market Valuation?

The European region is one of the leading regions and has the largest market share.

What Are The Key Strategies Adopted By The Major Players Of The Spelt Milk Market?

Major market players use strategies such as introducing new products and improving them, as well as investing in research and development.

Who Are The Key Players In The Spelt Milk Market?

Some of the key players in the Spelt Milk Market include THE BRIDGE S.R.L, Allos, Natumi Organic, Provamel, Ecomil, Isola Bio (AbafoodsSrl), Poggio Organic, and BioSophia.