Home > Food & Beverages > Beverages > Non-Alcoholic Beverages > Malted Milk Market

Malted Milk Market Share

  • Report ID: GMI11225
  • Published Date: Sep 2024
  • Report Format: PDF

Malted Milk Market Share

The malted milk industry competitive terrain is a blend of established multinational giants and agile regional players. Dominating the scene are industry behemoths like Nestlé and Muntons Plc, wielding extensive product portfolios, formidable brand recognition, and expansive distribution networks. In contrast, niche players such as King Arthur Baking Company, Inc., and Briess Industries, Inc. are carving out their space in regional markets, championing unique offerings like organic and artisanal products.
 

Specialized companies in food technology and innovation, such as Food and Biotech and SSP Pvt Limited, are also making their mark. Leveraging their prowess in ingredient processing and formulation, they're catering to the surging demand for avant-garde malted milk products by providing tailored solutions to food manufacturers. Product innovation stands out as a cornerstone strategy.
 

Companies are not just introducing new flavors and formulations but are also innovating packaging formats to resonate with a diverse consumer base. For instance, brands are rolling out malted milk variants boasting added functional benefits—think protein fortification or a reduction in sugar content—to appeal to the health-conscious demographic.
 

Malted Milk Market Companies

Top companies operating in the malted milk industry include:

  • King Arthur Baking Company, Inc
  • Food and Biotech
  • Briess Industries, Inc.
  • Insta Foods
  • Nestlé 
  • SSP Pvt Limited
  • Muntons Plc
  • Soda Fountain
  • Ovaltine
  • Hoosier Hill Farm
Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of malted milk reached USD 2.01 billion in 2023 and will record a 6.1% CAGR between 2024 and 2032, fueled by the consumer inclination towards nutritious and functional beverages.

The powdered malted milk segment will experience a 6.7% CAGR from 2024 to 2032, bolstered by its versatility and extended shelf life.

North America market was worth USD 656.5 million in 2023 and is likely to show a 6.6% CAGR through 2032, stimulated by increasing inclination towards plant-based and low-sugar alternatives.

King Arthur Baking Company, Inc., Food and Biotech, Briess Industries, Inc., Insta Foods, Nestl

Malted Milk Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
 Download Free Sample