Malted Milk Food Market Report 2026

Malted Milk Food Market Overview

• Malted Milk Food market size has reached to $7.48 billion in 2025 • Expected to grow to $10.69 billion in 2030 at a compound annual growth rate (CAGR) of 7.4% • Growth Driver: Flavored Milk's Rising Popularity Driving Growth In The Malted Milk Food Market • Market Trend: Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers • Asia-Pacific was the largest region in 2025.

What Is Covered Under Malted Milk Food Market?

The malted milk food refer to products made by blending milk with the mash liquid which is produced by a mash of the barley malt and wheat flour. Malted milk food contains a high-quality nutritional value offering convenience, digestibility, and palatability. It is a beneficial supplement to enhance memory, immunity, and concentration. The main types of sources for malted milk foods are wheat, barley and others. The wheat malted milk foods made from wheat, with or without the addition of flavoring agents and spices which are used to convert the starch to simple sugars during the mashing process and provides higher levels of proteins, and fat. The product types of malted milk foods are milk and powder and are packaged in tins, jars, carton packs and others. Malted milk foods are distributed by channels such as hypermarket/supermarket, convenience stores, online retailers and others.

What Is The Malted Milk Food Market Growth Forecast?

The malted milk food market size is expected to see strong growth in the next few years. It will grow to $10.69 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to increasing demand for functional dairy nutrition, rising focus on immunity-boosting foods, expansion of online grocery retailing, growing innovation in malt-based formulations, increasing health-conscious consumer base. Major trends in the forecast period include increasing demand for nutrient-enriched malted products, rising popularity of convenience nutrition foods, growing use in child and elderly nutrition, expansion of flavored malted milk variants, enhanced focus on digestibility and shelf stability.

Global Malted Milk Food Market Segmentation

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 Subsegments: 1) By Wheat: Wheat Malt Extract, Whole Wheat Malt Powder 2) By Barley: Barley Malt Extract, Whole Barley Malt Powder 3) By Other Sources: Rye, Oats

What Is The Driver Of The Malted Milk Food Market?

The rising demand for flavored milk is expected to significantly contributing to the growth of the malted milk food market in the forecast period. Flavored milk refers to a sweetened dairy drink made with milk, sugar, flavorings and food colorings. Flavored milk is consumed more as it offers more nutrition and less sugar than juices and sports drinks thus increasing intake of the dairy foods. The demand for flavored milk increases the demand for malted milk foods that are a source of rich nutrition and flavored with malt liquids. For instance, in July 2023, according to the Dairy Australia, an Australia-based organization for the dairy industry reported that flavoured milk sales reached 235 million litres in 2023, up from 232 million liters in 2022. Therefore, the rising demand for flavored milk will contribute to the growth of the malted milk food industry.

What Is The Driver Of The Malted Milk Food Market?

The rising demand for flavored milk is expected to significantly contributing to the growth of the malted milk food market in the forecast period. Flavored milk refers to a sweetened dairy drink made with milk, sugar, flavorings and food colorings. Flavored milk is consumed more as it offers more nutrition and less sugar than juices and sports drinks thus increasing intake of the dairy foods. The demand for flavored milk increases the demand for malted milk foods that are a source of rich nutrition and flavored with malt liquids. For instance, in July 2023, according to the Dairy Australia, an Australia-based organization for the dairy industry reported that flavoured milk sales reached 235 million litres in 2023, up from 232 million liters in 2022. Therefore, the rising demand for flavored milk will contribute to the growth of the malted milk food industry.

Global Malted Milk Food Market Trends and Insights

Major companies operating in the malted milk food market are focusing on innovative products such as Molto (a new range of canned foods, flavored milk and malt-based foods) to drive revenues in their market. Canned foods refer to various food products that have been processed, prepared, and preserved by sealing them in airtight containers. Flavored milk is regular milk that has been enhanced with additional flavorings. Malt-based foods are products made from malted barley, wheat, or other grains. For instance, in June 2023, Kwality Milk Foods Ltd. an India-based company that manufactures malted milk food products launched a new range of foods under the Molto brand. The new line will be marketed under the name 'SONA.' Soon, they will be accessible in every Southern state. The company had been selling milk under the brand Ananya. SONA Full Cream Milk and Standardized Milk will now be available alongside this. In addition, KMFL manufactures dairy goods such as butter milk, curd, sweetened condensed milk, dairy whitener, and skimmed milk powder.

What Are Latest Mergers And Acquisitions In The Malted Milk Food Market?

In July 2023, Richardson International Limited, a Canada-based agribusiness company acquired Ragleth Ltd. for an undisclosed amount. With this acquisition, Richardson's would broaden its business and boost its development within the food manufacturing sector. Through the acquisition, Anglia Maltings will be able to pursue new business opportunities and fulfill its goal of obtaining new ingredients. Ragleth Ltd. is a UK-based company that manufactures malted milk foods.

Regional Outlook

Asia-Pacific was the largest region in the malted milk foods market share in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada

What Defines the Malted Milk Food Market?

The malted milk market consists of sales of barley, wheat, oats, and rice. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Malted Milk Food Market Report 2026?

The malted milk food market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the malted milk food industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.