The Asia Pacific Malted Milk Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 469.4 hundred tonnes, showcasing a growth of 6.4% (2019-2022).
Malted Milk is positioned as a healthier alternative in various food and beverage categories. Advancements in food processing technologies have opened new possibilities for incorporating malted milk into diverse products. Improved production methods, such as spray drying and extrusion, have enhanced the stability and versatility of malted milk powder, enabling its integration into a broader range of applications.
Collaborations between malted milk manufacturers and other players in the food industry have become instrumental in expanding market reach. Joint ventures and partnerships allow for innovative products that leverage the unique characteristics of malted milk. Malted milk's unique taste profile aligns well with this trend, allowing market expansion as it resonates with consumers across different regions and cultural backgrounds.
As consumers increasingly prioritize transparency and simplicity in food products, the market is witnessing a surge in demand for clean-label options. Manufacturers are responding by offering malted milk products with minimal additives and preservatives, catering to health-conscious consumers. The rising popularity of plant-based diets has prompted the development of plant-based malted milk alternatives. Manufacturers are exploring using grains such as oats and rice to create malted milk powders that cater to the increasing need for plant-based and vegan-friendly options. The digitalization of commerce has reshaped how consumers discover and purchase food products. Malted milk manufacturers leverage e-commerce platforms to reach a wider audience, providing convenient product access and enabling direct-to-consumer relationships.
According to the 14th Five-Year Plan (2021-2025), China aims to increase its urbanization rate to 65%. Urbanization is linked to the adoption of modern dietary trends. Malted milk, enriched with proteins and other nutrients, aligns with health-conscious urban consumers who seek nutritional benefits in their food and beverage choices. Therefore, the factors mentioned above will propel the market growth in this region.
The China market dominated the Asia Pacific Malted Milk Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $196.3 Million by 2030. The Japan market is registering a CAGR of 5.5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.9% during (2023 - 2030).
Free Valuable Insights: The Global Malted Milk Market is Predict to reach $2.8 Billion by 2030, at a CAGR of 5.5%
Based on Source, the market is segmented into Barley, Rye and Wheat. Based on Distribution Channel, the market is segmented into Business to Business, Supermarkets/Hypermarkets, Specialty Stores, and Online Sales Channels. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Nestle S.A.
- GlaxoSmithKline PLC
- Briess Malt & Ingredients Co.
- Muntons plc
- Unilever PLC
- Insta Foods
- The Hain Celestial Group, Inc.
- King Arthur Flour Company, Inc.
- Crisp Malt (Richardson International Limited)
- Food & Biotech Engineers India Pvt. Ltd.
Asia Pacific Malted Milk Market Report Segmentation
By Source (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Distribution Channel (Volume, Hundred Tonnes, USD Billion, 2019-2030)
- Business to Business
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Sales Channels
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Malted Milk Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Malted Milk Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 4 Asia Pacific Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 5 Asia Pacific Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 8 Asia Pacific Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 9 Asia Pacific Barley Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Barley Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Barley Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 12 Asia Pacific Barley Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 13 Asia Pacific Rye Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Rye Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Rye Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 16 Asia Pacific Rye Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 17 Asia Pacific Wheat Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Wheat Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Wheat Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 20 Asia Pacific Wheat Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 21 Asia Pacific Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 24 Asia Pacific Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 25 Asia Pacific Business to Business Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Business to Business Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Business to Business Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 28 Asia Pacific Business to Business Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 29 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 32 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 33 Asia Pacific Specialty Stores Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Specialty Stores Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Specialty Stores Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 36 Asia Pacific Specialty Stores Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 37 Asia Pacific Online Sales Channels Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Online Sales Channels Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Online Sales Channels Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 40 Asia Pacific Online Sales Channels Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 41 Asia Pacific Malted Milk Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Malted Milk Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Malted Milk Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 44 Asia Pacific Malted Milk Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 45 China Malted Milk Market, 2019 - 2022, USD Million
TABLE 46 China Malted Milk Market, 2023 - 2030, USD Million
TABLE 47 China Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 48 China Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 49 China Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 50 China Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 51 China Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 52 China Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 53 China Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 54 China Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 55 China Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 56 China Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 57 Japan Malted Milk Market, 2019 - 2022, USD Million
TABLE 58 Japan Malted Milk Market, 2023 - 2030, USD Million
TABLE 59 Japan Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 60 Japan Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 61 Japan Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 62 Japan Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 63 Japan Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 64 Japan Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 65 Japan Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 66 Japan Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 67 Japan Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 68 Japan Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 69 India Malted Milk Market, 2019 - 2022, USD Million
TABLE 70 India Malted Milk Market, 2023 - 2030, USD Million
TABLE 71 India Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 72 India Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 73 India Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 74 India Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 75 India Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 76 India Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 77 India Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 78 India Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 79 India Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 80 India Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 81 South Korea Malted Milk Market, 2019 - 2022, USD Million
TABLE 82 South Korea Malted Milk Market, 2023 - 2030, USD Million
TABLE 83 South Korea Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 84 South Korea Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 85 South Korea Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 86 South Korea Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 87 South Korea Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 88 South Korea Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 89 South Korea Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 90 South Korea Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 91 South Korea Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 92 South Korea Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 93 Singapore Malted Milk Market, 2019 - 2022, USD Million
TABLE 94 Singapore Malted Milk Market, 2023 - 2030, USD Million
TABLE 95 Singapore Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 96 Singapore Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 97 Singapore Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 98 Singapore Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 99 Singapore Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 100 Singapore Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 101 Singapore Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 102 Singapore Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 103 Singapore Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 104 Singapore Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 105 Malaysia Malted Milk Market, 2019 - 2022, USD Million
TABLE 106 Malaysia Malted Milk Market, 2023 - 2030, USD Million
TABLE 107 Malaysia Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 108 Malaysia Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 109 Malaysia Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 110 Malaysia Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 111 Malaysia Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 112 Malaysia Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 113 Malaysia Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 114 Malaysia Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 115 Malaysia Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 116 Malaysia Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 117 Rest of Asia Pacific Malted Milk Market, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Malted Milk Market, 2023 - 2030, USD Million
TABLE 119 Rest of Asia Pacific Malted Milk Market, 2019 - 2022, Hundred Tonnes
TABLE 120 Rest of Asia Pacific Malted Milk Market, 2023 - 2030, Hundred Tonnes
TABLE 121 Rest of Asia Pacific Malted Milk Market by Source, 2019 - 2022, USD Million
TABLE 122 Rest of Asia Pacific Malted Milk Market by Source, 2023 - 2030, USD Million
TABLE 123 Rest of Asia Pacific Malted Milk Market by Source, 2019 - 2022, Hundred Tonnes
TABLE 124 Rest of Asia Pacific Malted Milk Market by Source, 2023 - 2030, Hundred Tonnes
TABLE 125 Rest of Asia Pacific Malted Milk Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Malted Milk Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Malted Milk Market by Distribution Channel, 2019 - 2022, Hundred Tonnes
TABLE 128 Rest of Asia Pacific Malted Milk Market by Distribution Channel, 2023 - 2030, Hundred Tonnes
TABLE 129 Key Information – Nestle S.A
TABLE 130 Key Information – GlaxoSmithKline PLC
TABLE 131 Key Information – Briess Malt & Ingredients Co.
TABLE 132 Key Information – Muntons plc
TABLE 133 Key Information – Unilever PLC
TABLE 134 Key Information – Insta Foods
TABLE 135 Key Information – The Hain Celestial Group, Inc.
TABLE 136 Key Information – King Arthur Flour Company, Inc.
TABLE 137 Key Information – Crisp Malt
TABLE 138 Key Information – Food & Biotech Engineers India Pvt. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Malted Milk Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Malted Milk Market
FIG 4 Porter’s Five Forces Analysis – Malted Milk Market
FIG 5 Asia Pacific Malted Milk Market share by Source, 2022
FIG 6 Asia Pacific Malted Milk Market share by Source, 2030
FIG 7 Asia Pacific Malted Milk Market by Source, 2019 - 2030, USD Million
FIG 8 Asia Pacific Malted Milk Market share by Distribution Channel, 2022
FIG 9 Asia Pacific Malted Milk Market share by Distribution Channel, 2030
FIG 10 Asia Pacific Malted Milk Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 Asia Pacific Malted Milk Market share by Country, 2022
FIG 12 Asia Pacific Malted Milk Market share by Country, 2030
FIG 13 Asia Pacific Malted Milk Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Nestle S.A
FIG 15 SWOT Analysis: GlaxoSmithKline PLC
FIG 16 SWOT Analysis: Briess Malt & Ingredients Co.
FIG 17 SWOT Analysis: Muntons plc
FIG 18 SWOT Analysis: Unilever PLC
FIG 19 SWOT Analysis: Insta Foods
FIG 20 Swot Analysis: The Hain Celestial Group, Inc.
FIG 21 SWOT Analysis: King Arthur Flour Company, Inc.
FIG 22 SWOT Analysis: Crisp Malt
FIG 23 SWOT Analysis: Food & Biotech Engineers India Pvt. Ltd.