Report Ocean introduces a fresh report examining the Malted Milk Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Malted Milk Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
Global Malted Milk Market is valued at approximately USD 8.85 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2029. Malted milk formulation includes whole milk powder, malted grain flour and other ingredients. Commercially, malted milk is available in a powdered form and is usually sold in a combination of different flavors. The Malted Milk market is expanding because of factors such as the rising adoption of malted milk across diverse industries including food & beverage and the increasing consumption of snacks.
Request to Download Free Sample Copy of ‘Malted Milk Market’ Report: –https://reportocean.us/sample-request/report_id/bzwt2479
While demand for flavored milk has spurred over the past decade, a similar trend can be witnessed in the malted milk landscape. Its prevalence has progressively increased during the last few decades. According to Statista, the flavored milk market size amounted to about 21.7 billion liters worldwide and is forecasted to reach about 28 billion liters in 2023. Furthermore, in 2021 the leading flavored milk brands in the United States, were private label that generated approximately USD 117 million in sales, followed by the brand name Hood with over USD 51 million in sales. According to Statista, Revenue in the Beverages segment is projected to reach USD 223 billion in 2023 and is expected to show an annual growth rate of 12.39% in between 2023 to 2027, resulting in a projected market volume of USD 355.80 billion in 2027.
Another important component driving space increase is the consumption of snacks. As per Statista, Revenue in the Snack Food segment amounts to USD 535.70 billion in 2023. The market is expected to grow annually by 5.61%In global comparison, most revenue is generated in the United States USD 108.50 billion in 2023. In relation to total population figures, per-person revenues of USD 69.74 billion are generated in 2023. Also, rising demand for high nutritional value bakery products and expansion of healthy products in retail industry would create a lucrative growth prospectus for the market over the forecast period. However, the rising trend of vegan-based products stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Malted Milk Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific region dominated the market in terms of revenue, owing to the rising awareness of leading market players in the malted milk market. According to Statista, in 2020, the value of India’s whole cow milk production was approximately USD 36.8 billion, the highest in the Asia-Pacific region, followed by China with a value of around USD 18.7 billion. Furthermore, North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, and the geographic expansion of key players in the market space.
Major market players included in this report are:
Nestle S.A
GlaxoSmithKline PLC
Imperial Malts Ltd
King Arthur Flour Company, Inc.
Briess Malt & Ingredients
Family Cereal Sdn. Bhd.
Insta Foods
SSP Pvt Limited
Muntons plc
Food & Biotech Engineers India Private Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Source
Wheat
Barley
Others
By Product Type
Powder
Milk
By Distribution Channel
Hypermarket/Supermarket
Convenience stores
Online retailers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Reasons to Consider Purchasing the Malted Milk Market Report:
Comprehensive Market Insights: Delve into the depths of the Malted Milk Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Malted Milk market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
Informed Investment Decision Making: Leverage the report’s critical information and data-driven insights to facilitate informed investment choices within the Malted Milk market. Equipped with this knowledge, businesses can confidently allocate resources to avenues with the greatest potential for returns.
Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Malted Milk market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.