Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Malted Milk Food Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Malted Milk Food Market?
The market size for malted milk food has experienced significant growth lately. In terms of figures, it is projected to rise from $6.98 billion in 2024 to $7.48 billion in 2025, representing a compound annual growth rate (CAGR) of 7.2%.
What Are the Expected Market Growth Trends for the Malted Milk Food Market Through 2029?
The Malted Milk Food Global Market is projected to reach $9.95 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.4%.
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What Are the Key Business Drivers in the Malted Milk Food Market Landscape?
The key drivers in the malted milk food market are:
• Rising demand for fortified and functional foods
• Increased consumer awareness of nutritional benefits
• Growing preference for plant-based malted milk alternatives
• Changing consumer preferences and expansion in the health and wellness market segment.
How Is the Malted Milk Food Market Divided Across Key Categories?
The malted milk foodmarket covered in this report is segmented –
1) By Source: Wheat, Barley, Other Sources
2) By Product Type: Milk, Powder
3) By Packaging: Tins, Jars, Carton Packs, Other Packaging
4) By Distribution Channel: Hypermarket/Supermarket, Convenience Stores, Online Retailers, Other Distribution Channels
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What Are the Ongoing Trends in the Malted Milk Food Market?
The key trends in the malted milk food market are:
• The increased incorporation of malted milk in functional and sports nutrition products signifies a significant trend.
• The growing consumer preference for flavored and specialty malted milk varieties is shaping the market's future.
• The trend of using malted milk in ice creams, frozen desserts, baked goods, and snacks is expanding.
• Clean label and non-GMO claims for malted milk products reflect the changing consumer preferences and concerns.
Which Companies are Expanding in the Malted Milk Food Industry?
Major players in the malted milk food market are:
• Nestle SA
• GlaxoSmithKline plc
• Briess Malt & Ingredients Inc.
• Imperial Malts Ltd.
• SSP Pvt Ltd.
• Abbott Laboratories
• Danone S.A.
• Mead Johnson Nutrition Company
• Kraft Heinz Company
• Hain Celestial Group Inc.
• Honest Company Inc.
• Nature's One Inc.
• HiPP GmbH & Co. Vertrieb KG
• Ausnutria Dairy Corporation Ltd.
• Synutra International Inc.
• Beingmate Baby & Child Food Co. Ltd.
• Inner Mongolia Yili Industrial Group Company Limited
• Feihe International Inc.
• Biostime International Holdings Limited
• Wissun International Group Co. Ltd.
• Otsuka Holdings Co. Ltd.
• Morinaga Milk Industry Co. Ltd.
• Yakult Honsha Co. Ltd.
• FrieslandCampina NV
• Meiji Holdings Co. Ltd.
• Arla Foods amba
• Fonterra Co-operative Group Limited
• Royal FrieslandCampina N.V.
• Hero Group
• Bellamy's Organic Ltd.
Which is the Largest Region the Global Malted Milk Food Market?
Asia-Pacific was the largest region in the malted milk foods market share in 2024
