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Malted Milk Market Size, Share & Trends Analysis Report By Source (Wheat, Barley), By Type (Liquid, Powder), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2025 - 2030

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    Report

  • 80 Pages
  • January 2025
  • Region: Global
  • Grand View Research
  • ID: 6052249
Description Jump to:
The global malted milk market size is expected to reach USD 10.92 billion in 2030 and is expected to expand at a CAGR of 6.1% from 2025 to 2030. Malted milk is prepared by formulating whole milk powder, malted grain flour, and other ingredients, which are used as fortification and flavoring agents in food and beverages. It is used as a coating ingredient and provides sweetness and a creamy mouthfeel to the food and snack products.

The market growth can be attributed to the rising awareness about the benefits of malted foods and drinks and high demand for the product as nutrition supplement. In addition, rising health consciousness and rapid urbanization and industrialization across the globe are expected to have a positive impact on the market growth. Wheat source segment led the global market in 2018 and will expand further over the forecast period due to easy and abundantly availability of wheat.

It is also estimated to be the fastest-growing segment from 2019 to 2025. Moreover, wheat is cheaper and a better option to formulate with the other ingredients in malted milk. Barley is another key ingredient, which is considered as a highly nutritious substance. It contains proteins, amino acids, soluble fibers, and essential minerals, such as potassium, zinc, calcium, and magnesium.

Malted Milk Market Report Highlights

  • Wheat dominated the market, with the largest revenue share of 63.6% in 2024. This dominance is primarily due to wheat's nutritional benefits and its versatile application in various malted milk products.
  • Milk liquid dominated the market with the largest revenue share in 2024. Milk liquid malted milk products are rich in essential nutrients such as calcium, vitamins, and proteins, making them a popular choice for consumers of all ages
  • Barley is expected to grow at a significant CAGR of 5.9% over the forecast period
  • Milk powder is expected to grow at a significant CAGR over the forecast period
  • Asia Pacific's malted milk industry dominated the global industry with the largest revenue share of 34.1% in 2024

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Malted Milk Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Profit Margin Analysis (Industry-level)
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Malted Milk Market: Source Estimates & Trend Analysis
5.1. Malted Milk Market, By Source: Key Takeaways
5.2. Source Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Source, 2018 - 2030 (USD Billion)
5.3.1. Wheat
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Barley
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Others
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Malted Milk Market: Type Estimates & Trend Analysis
6.1. Malted Milk Market, By Type: Key Takeaways
6.2. Type Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Type, 2018 - 2030 (USD Billion)
6.3.1. Milk Powder
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Milk Liquid
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Malted Milk Market: Regional Estimates & Trend Analysis
7.1. Malted Milk Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.4. Mexico
7.3.1.4.1. Key country dynamics
7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.2. UK
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.3. Germany
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.3. India
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.4. Japan
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.5. Australia & New Zealand
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.6. South Korea
7.3.3.6.1. Key country dynamics
7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4. Latin America
7.3.4.1. Brazil
7.3.4.1.1. Key country dynamics
7.3.4.1.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 8. Malted Milk Market: Competitive Analysis
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. Nestlé
8.9.1.1. Company Overview
8.9.1.2. Financial Performance
8.9.1.3. Product Portfolios
8.9.1.4. Strategic Initiatives
8.9.2. Unilever
8.9.2.1. Company Overview
8.9.2.2. Financial Performance
8.9.2.3. Product Portfolios
8.9.2.4. Strategic Initiatives
8.9.3. GSK plc
8.9.3.1. Company Overview
8.9.3.2. Financial Performance
8.9.3.3. Product Portfolios
8.9.3.4. Strategic Initiatives
8.9.4. Briess Malt & Ingredients
8.9.4.1. Company Overview
8.9.4.2. Financial Performance
8.9.4.3. Product Portfolios
8.9.4.4. Strategic Initiatives
8.9.5. Imperial Malts Ltd.
8.9.5.1. Company Overview
8.9.5.2. Financial Performance
8.9.5.3. Product Portfolios
8.9.5.4. Strategic Initiatives
8.9.6. SSP Private Limited
8.9.6.1. Company Overview
8.9.6.2. Financial Performance
8.9.6.3. Product Portfolios
8.9.6.4. Strategic Initiatives
8.9.7. Family Cereal Sdn. Bhd.
8.9.7.1. Company Overview
8.9.7.2. Financial Performance
8.9.7.3. Product Portfolios
8.9.7.4. Strategic Initiatives
8.9.8. Muntons Plc
8.9.8.1. Company Overview
8.9.8.2. Financial Performance
8.9.8.3. Product Portfolios
8.9.8.4. Strategic Initiatives
8.9.9. Food And Biotech Engineers India Private Limited
8.9.9.1. Company Overview
8.9.9.2. Financial Performance
8.9.9.3. Product Portfolios
8.9.9.4. Strategic Initiatives
8.9.10. Insta Foods
8.9.10.1. Company Overview
8.9.10.2. Financial Performance
8.9.10.3. Product Portfolios
8.9.10.4. Strategic Initiatives
List of Tables
Table 1 Global malted milk market: Key market driver analysis
Table 2 Global malted milk market: Key market restraint analysis
Table 3 Global malted milk market estimates & forecast, by source (USD Billion)
Table 4 Global malted milk market estimates & forecast, by type (USD Billion)
Table 5 Global malted milk market estimates & forecast, by region (USD Billion)
Table 6 North America malted milk market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 7 North America malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 8 North America malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 9 U.S. macro-economic outlay
Table 10 U.S. malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 11 U.S. malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 12 Canada macro-economic outlay
Table 13 Canada malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 14 Canada malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 15 Mexico macro-economic outlay
Table 16 Mexico malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 17 Mexico malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 18 Europe malted milk market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 19 Europe malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 20 Europe malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 21 UK macro-economic outlay
Table 22 UK malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 23 UK malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 24 Germany macro-economic outlay
Table 25 Germany malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 26 Germany malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 27 France macro-economic outlay
Table 28 France malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 29 France malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 30 Italy macro-economic outlay
Table 31 Italy malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 32 Italy malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 33 Spain macro-economic outlay
Table 34 Spain malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 35 Spain malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 36 Asia Pacific malted milk market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 37 Asia Pacific malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 38 Asia Pacific malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 39 China macro-economic outlay
Table 40 China malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 41 China malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 42 India macro-economic outlay
Table 43 India malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 44 India malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 45 Japan macro-economic outlay
Table 46 Japan malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 47 Japan malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 48 Australia & New Zealand macro-economic outlay
Table 49 Australia & New Zealand malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 50 Australia & New Zealand malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 51 South Korea macro-economic outlay
Table 52 South Korea malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 53 South Korea malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 54 Latin America malted milk market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 55 Latin America malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 56 Latin America malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 57 Brazil macro-economic outlay
Table 58 Brazil malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 59 Brazil malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 60 Middle East & Africa malted milk market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 61 Middle East & Africa malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 62 Middle East & Africa malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 63 South Africa macro-economic outlay
Table 64 South Africa malted milk market estimates and forecast, by source, 2018 - 2030 (USD Billion)
Table 65 South Africa malted milk market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 66 Recent developments & impact analysis, by key market participants
Table 67 Company market share, 2024 (%)
Table 68 Company heat map analysis, 2024
Table 69 Companies implementing key strategies
List of Figures
Fig. 1 Malted milk market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and malted milk size (USD Billion)
Fig. 11 Global malted milk size, 2018 to 2030 (USD Billion)
Fig. 12 Malted milk market: Penetration & growth prospect mapping
Fig. 13 Malted milk market: Value chain analysis
Fig. 14 Malted milk market: Dynamics
Fig. 15 Malted milk market: Porter’s five forces analysis
Fig. 16 Malted milk market estimates & forecast, by source (USD Billion)
Fig. 17 Wheat market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 18 Barley market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 19 Others market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 20 Malted milk market estimates & forecast, by type (USD Billion)
Fig. 21 Milk liquid market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 22 Milk powder market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 23 Malted milk market: Regional outlook, 2024 & 2030 (USD Billion)
Fig. 24 Regional marketplace: Key takeaways
Fig. 25 North America malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 26 U.S. malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 27 Canada malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 28 Mexico malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 29 Europe malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 30 Germany malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 31 UK malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 32 France malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 33 Italy malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 34 Spain malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 35 Asia Pacific malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 36 China malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 37 India malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 38 Japan malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 39 Australia & New Zealand malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 40 South Korea malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 41 Latin America malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 42 Brazil malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 43 Middle East & Africa malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 44 South Africa malted milk market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 45 Key company categorization
Fig. 46 Company market share analysis, 2024
Fig. 47 Strategic framework of malted milk

Companies Mentioned

  • Nestlé
  • Unilever
  • GSK plc
  • Briess Malt & Ingredients
  • Imperial Malts Ltd.
  • SSP Private Limited
  • Family Cereal Sdn. Bhd.
  • Muntons Plc
  • Food And Biotech Engineers India Private Limited
  • Insta Foods

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedJanuary 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 7.67 Billion
Forecasted Market Value ( USD ) by 2030 $ 10.92 Billion
Compound Annual Growth Rate6.1%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Malted Drink Market

The malted drink market is a segment of the beverage industry that focuses on drinks made from malted grains, such as barley, wheat, and rye. These drinks are typically sweetened with sugar or honey and flavored with fruits, spices, and other ingredients. They are often served hot or cold, and can be enjoyed as a refreshing beverage or as a dessert. Malted drinks have been popular for centuries, and have been enjoyed in many cultures around the world. In recent years, the market has seen a resurgence in popularity due to the emergence of craft malted drinks. These drinks are often made with high-quality ingredients and unique flavor combinations, and are often served in specialty cafes and restaurants. Some of the leading companies in the malted drink market include Horlicks, Ovaltine, Bovril, and Milo. These companies produce a variety of malted drinks, ranging from traditional hot beverages to cold, ready-to-drink options. Other companies in the market include Nestle, Cadbury, and GlaxoSmithKline. Show Less Read more

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