Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Malted Milk Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Malted Milk Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Malted
Milk Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Malted Milk Market is offered. In accordance with the report, the global
Malted Milk Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Malted
milk is an articulation of whole milk powder, malted grain flour and other
ingredients. It is used in the food and beverage sector as a flavoring agent
and in the fortification of ingredients. It is utilized as a coating agent in
snacks because of its sweetness and creamy mouthfeel. It is derived from grain
flour like wheat, powdered malt and whole milk. The process of evaporation and
vacuum drying is used to obtain malted milk powder. It is a highly nutritious
food product.
Market Drivers
The
surging awareness among the consumers with regard to their health is providing
the initial impetus to the global malted milk market. The vitamin B2 content of
malted milk improves skin health and vision. Selenium present in malted milk
plays a vital role in the creation of thyroid hormones and in the reproductive
system. Malted milk also comprises of antioxidant properties owing to the
presence of selenium. It aids digestive disorders. The rising health-conscious
consumers and their increasing demand for foods that are not incorporated with
fat, trans fat, GMO, artificial additives, colors and preservatives and is of
natural origin is fueling the demand malted milk and its market.
The
tight day-to-day schedule of the population has led to significant transition
in their food habits. Consumers are now more and more inclined towards the
consumption of packaged foods, convenient foods and ready-to-eat foods. The
bite-sized snacking pattern has gained considerable popularity. Intake of
bakery products and confectionery items has shown significant upsurge. The
demand for beverages like smoothies and milkshakes and also health drinks are
on a rise. The application of malted milk is also extended in the food and
beverage industry and bakeries and confectioneries. The booming food and
beverage sector are augmenting the growth of the malted milk market.
The
skyrocketing demand for milk in the recent times have spurred the demand for
malted milk. The association of the above factor coupled with the craze for
flavors especially chocolate in different drinks and complementary products are
empowering the growth of the global malted milk market.
Market Restraints
On
account of being hygroscopic, malted milk have immense capability of absorbing
and holding water molecules. This inversely affects the life span. The low
shelf life of malted milk is impeding the growth of the malted milk market.
Although
malted milk is nutritious, it has high levels of sugar and saturated fats.
Malted milk is then not suitable for consumption by peoples suffering from
diabetes. The soaring diabetic population is severely straining the growth
prospects of this market.
Finally,
the addition of preservatives in the malted milk powder coupled with the
consumers drive for lower levels of added preservatives and additives is
hampering the global malted milk market.
Opportunities
The
drive for gluten free, non-GMO products that are of natural origin and organic
in nature is a good scope for this market. The malted milk offering of organic
nature is a smaller branch but its widening consumer base is likely to provide
a lucrative opportunity to this market.
The
consumers higher demand for ancient grains that include millet, sorghum, quinoa
and teff coupled with lower levels of incorporation of these grains in malted
milk is a good set of circumstances for the malted milk market.
Trends
Although
malted milk’s origin can be traced in North America and parts of Europe, the
malted milk market of the Asia Pacific region is expected to witness
significant growth in the forecast period. This can be attributable to the
surging health-conscious population in the region. The presence of emerging
economies like India, China Japan, the economic growth and development in these
countries, Rapid industrialization and the fast-paced urbanization has
consequently led to changes in lifestyle and food habits are some of the
factors responsible for market growth in this region. Malted milk that is
sourced from origin is expected to globally dominate in the forecast period.
This is because of the abundant and easy availability of wheat, the low price
of wheat and its capability to act as a good base in the production of premium
ingredients.
Segment Covered:
This market
intelligence report on the global Malted Milk Market encompasses market segments based on product type, product
source, packaging type, end user, and country.
By
Product Type the global Malted Milk Market has been divided into:
q Milk
Powder
q Milk
Liquid
By Product Source the global Malted
Milk Market has been divided into:
q Barley
q Wheat
q Others
By
Packaging Type the global Malted Milk Market has been divided into:
q Carton Packs
q Jars
q Tins
q Others
By End User the global Malted Milk Market has
been divided into:
q Food
and Beverages Industry
o
Milkshakes and Smoothies
o
Dietary Supplements
o
Confectionery
o
Bakery
o
Snacks
o
Dairy
q Retail
By country/region,
the global Malted Milk Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q GlaxoSmithKLine
PLC
q Nestle
S.A.
q Full
Sail Brewing
q King Arthur
Flour Company
q Zydus
Group
q Insta
Foods
q Family
Cereal Sdn
q SSP
Pvt. Limited
q Briess
Industries, Inc
q Imperial
Malts Ltd
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Malted Milk Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
GlaxoSmithKLine PLC
In February
2019, GlaxoSmithKLine PLC’s beverage brand, Horlicks launched the company’s
indigenous malted milk in a pot setup. This launch was aimed at satiating the
evolving consumer demands.
Nestle S.A.
In March 2019,
MILO was launched by Nestle Thailand. MILO is a sucrose-free, chocolate
flavored, ready-to-drink, malt product.
Full Sail Brewing
In January 2019,
Malted Milkshake-Style IPA comprising a package of 6 bottles each containing 12
ounces was launched by Full Sail Brewing.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Malted Milk
Market, size of the market (US$ Mn), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking
into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Malted Milk Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Malted Milk caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Malted
Milk Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Malted Milk Market
v
Identification
of key factors driving investment opportunities in the Malted Milk
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects