Malted Milk Market share to grow at a CAGR of 8.19% from 2022 to 2027, Driven by the expanding retail space - Technavio

NEW YORK, May 2, 2023 /PRNewswire/ -- The malted milk market size is set to grow by USD 3,489.8 million from 2022 and 2027, and register a CAGR of 8.19%, according Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Discover market potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports Read Sample Report

The report also covers the following areas:

• Malted Milk Market size
• Malted Milk Market trends
• Malted Milk Market industry analysis

Malted Milk Market 2023-2027: Segmentation

The malted milk market is segmented as follows:

• Source 
• Wheat
• Barley
• Others

• Distribution Channel 
• Offline
• Online
• Geography 
• APAC
• Europe
• North America
• South America
• Middle East And Africa

The market share growth by the wheat segment will be significant for overall market growth during the forecast period. Consumer preferences for the distinctive flavor, health benefits, and adaptability in a variety of applications of malted milk made from wheat, which is a main source of malted milk drives the segment growth. It is anticipated that consumers will become more interested in wheat-based malted milk products, which are viewed as healthier and more environmentally friendly alternatives to conventional sweeteners during the forecast period. Additionally, the rising popularity of natural grains and plant-based sweeteners may also have a negative impact on future demand for goods made from malted milk derived from wheat. Hence, such factors drive segment growth during the forecast period.

The report comprises of various segments as well as analysis of the trends and factors that are playing a substantial role in the market, download a sample report!

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Malted Milk Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the malted milk market include Abbott Laboratories, Briess Industries Inc., Crisp Malting Group Ltd., Continental Milkose India Ltd., Custom Food Group, Food and Biotech Engineers India Pvt Ltd., Full Sail Brewing Inc., Hindustan Unilever Ltd., Imperial Malts Ltd., Insta Foods, King Arthur Baking Co. Inc., Maplebear Inc., Muntons Plc, Nestle SA, SSP Pvt. Ltd., and The Kraft Heinz Co.. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market.
Vendor Offerings

• Abbott Laboratories - The company offers malted milk powder namely, GROW PreSchool S4.
• Briess Industries Inc. - The company offers malted milk powder which is used to make whipped cream, thus used as topping on ice cream sundaes and pies.
• Crisp Malting Group Ltd. - The company offers malted milk powder which is used in hot chocolate drink to add more sweetness.

Malted Milk Market - Market Dynamics

Key Drivers

The expanding retail space drives the malted milk market growth. Sales of malted milk products is driven by the significant expansion of the organized retail sector. This has seen a rapid rise in the number of supermarkets, hypermarkets, and specialty shops. A majority of malted milk is sold through retail outlets like supermarkets, gas stations, and specialty shops, resultantly, vendors now have more opportunities to target customers at such retail locations due to the expansion of these channels. Moreover, the trend of online retailing, whereby vendors sell their goods through their web portals or e-commerce channels like Amazon and Alibaba, further supports the increase in sales. Hence, such factors are expected to drive market growth further during the forecast period.

Significant Trends

Plant-based alternatives are an emerging malted milk trend in market growth. The growing popularity of plant-based diets and environmental consciousness are the main factors fueling the demand for substitutes for malted milk made from plants. As consumers are becoming more aware of the negative environmental effects of animal agriculture, they tend to search for plant-based options that are more environmentally friendly and have lower carbon footprints. So, plant-based malted milk substitutes made from soy, almond, oats, or other plant-based ingredients are becoming popular as a healthy alternative to traditional dairy-based malted milk products. 

Major Challenges

Competition from alternatives is a major challenge impeding the malted milk market growth. Since consumers become more health-conscious and seek out healthier options, alternatives like plant-based milk, protein shakes, and energy bars have grown in popularity. The alternative products frequently offer more flavor options and nutritional benefits, which appeal to consumers more. Moreover, due to dietary restrictions or preferences, some consumers might not be able to consume traditional malted milk products. Thus, such factors will have an impact on sales and profitability and negatively affect the market's growth during the forecast period.

Malted Milk Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist malted milk market growth during the next five years
• Estimation of the malted milk market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the malted milk market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of malted milk market vendors

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Table of Contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Source
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global malted milk market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global malted milk market 2017 - 2021 ($ million)

• 4.2 Source Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Source Segment 2017 - 2021 ($ million)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Source

• 6.1 Market segments 
• Exhibit 30: Chart on Source - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Source - Market share 2022-2027 (%)

• 6.2 Comparison by Source 
• Exhibit 32: Chart on Comparison by Source
• Exhibit 33: Data Table on Comparison by Source

• 6.3 Wheat - Market size and forecast 2022-2027
• Exhibit 34: Chart on Wheat - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Wheat - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Wheat - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Wheat - Year-over-year growth 2022-2027 (%)

• 6.4 Barley - Market size and forecast 2022-2027
• Exhibit 38: Chart on Barley - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Barley - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Barley - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Barley - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027
• Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Source 
• Exhibit 46: Market opportunity by Source ($ million)
• Exhibit 47: Data Table on Market opportunity by Source ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 48: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 50: Chart on Comparison by Distribution Channel
• Exhibit 51: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 52: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 56: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 60: Market opportunity by Distribution Channel ($ million)
• Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027
• Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Abbott Laboratories 
• Exhibit 115: Abbott Laboratories - Overview
• Exhibit 116: Abbott Laboratories - Business segments
• Exhibit 117: Abbott Laboratories - Key news
• Exhibit 118: Abbott Laboratories - Key offerings
• Exhibit 119: Abbott Laboratories - Segment focus

• 12.4 Briess Industries Inc. 
• Exhibit 120: Briess Industries Inc. - Overview
• Exhibit 121: Briess Industries Inc. - Product / Service
• Exhibit 122: Briess Industries Inc. - Key offerings

• 12.5 Crisp Malting Group Ltd. 
• Exhibit 123: Crisp Malting Group Ltd. - Overview
• Exhibit 124: Crisp Malting Group Ltd. - Product / Service
• Exhibit 125: Crisp Malting Group Ltd. - Key offerings

• 12.6 Continental Milkose India Ltd. 
• Exhibit 126: Continental Milkose India Ltd. - Overview
• Exhibit 127: Continental Milkose India Ltd. - Product / Service
• Exhibit 128: Continental Milkose India Ltd. - Key offerings

• 12.7 Custom Food Group 
• Exhibit 129: Custom Food Group - Overview
• Exhibit 130: Custom Food Group - Product / Service
• Exhibit 131: Custom Food Group - Key offerings

• 12.8 Food and Biotech Engineers India Pvt Ltd.
• Exhibit 132: Food and Biotech Engineers India Pvt Ltd. - Overview
• Exhibit 133: Food and Biotech Engineers India Pvt Ltd. - Product / Service
• Exhibit 134: Food and Biotech Engineers India Pvt Ltd. - Key offerings

• 12.9 Full Sail Brewing Inc. 
• Exhibit 135: Full Sail Brewing Inc. - Overview
• Exhibit 136: Full Sail Brewing Inc. - Product / Service
• Exhibit 137: Full Sail Brewing Inc. - Key offerings

• 12.10 Hindustan Unilever Ltd. 
• Exhibit 138: Hindustan Unilever Ltd. - Overview
• Exhibit 139: Hindustan Unilever Ltd. - Business segments
• Exhibit 140: Hindustan Unilever Ltd. - Key offerings
• Exhibit 141: Hindustan Unilever Ltd. - Segment focus

• 12.11 Imperial Malts Ltd. 
• Exhibit 142: Imperial Malts Ltd. - Overview
• Exhibit 143: Imperial Malts Ltd. - Product / Service
• Exhibit 144: Imperial Malts Ltd. - Key offerings

• 12.12 King Arthur Baking Co. Inc. 
• Exhibit 145: King Arthur Baking Co. Inc. - Overview
• Exhibit 146: King Arthur Baking Co. Inc. - Product / Service
• Exhibit 147: King Arthur Baking Co. Inc. - Key offerings

• 12.13 Maplebear Inc. 
• Exhibit 148: Maplebear Inc. - Overview
• Exhibit 149: Maplebear Inc. - Product / Service
• Exhibit 150: Maplebear Inc. - Key offerings

• 12.14 Muntons Plc 
• Exhibit 151: Muntons Plc - Overview
• Exhibit 152: Muntons Plc - Product / Service
• Exhibit 153: Muntons Plc - Key offerings

• 12.15 Nestle SA 
• Exhibit 154: Nestle SA - Overview
• Exhibit 155: Nestle SA - Business segments
• Exhibit 156: Nestle SA - Key news
• Exhibit 157: Nestle SA - Key offerings
• Exhibit 158: Nestle SA - Segment focus

• 12.16 SSP Pvt. Ltd. 
• Exhibit 159: SSP Pvt. Ltd. - Overview
• Exhibit 160: SSP Pvt. Ltd. - Product / Service
• Exhibit 161: SSP Pvt. Ltd. - Key offerings

• 12.17 The Kraft Heinz Co. 
• Exhibit 162: The Kraft Heinz Co. - Overview
• Exhibit 163: The Kraft Heinz Co. - Business segments
• Exhibit 164: The Kraft Heinz Co. - Key offerings
• Exhibit 165: The Kraft Heinz Co. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 168: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 13.5 List of abbreviations 
• Exhibit 172: List of abbreviations

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