Market Size of Global Malted Milk Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.60 % |
Fastest Growing Market | North America |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Malted Milk Market Analysis
Global Malted Milk Market is forecasted to grow at a CAGR of 8.6% during the forecast period (2020 - 2025).
- Malted milk is a formulation of malted grain flour, whole milk powder and other ingredients which are used as a flavoring and fortification ingredients in food and beverages.
- Malted milk originates in North America and Western Europe, also, demand for malted milk has grown considerably in Asia-Pacific region as well. In these countries, health positioning is the major driving force for the growth of the malted milk market.