The global spelt milk market is expected to reach a market valuation of USD 210 million by the year 2022, accelerating with a CAGR of 6.8% by 2022 to 2032. Spelt milk sales are expected to account for a portion of the global plant-based milk market, which is expected to reach USD 14 billion in 2022.
With such steps conducted by established spelt milk market participants, the market is likely to expand fast following COVID-19. With such steps conducted by established spelt milk market participants, the market is likely to expand fast following COVID-19.
Increased study into the benefits of spelt, on the other hand, will create new opportunities in the spelt milk market over the projection period. Due to the large choice of replacements, demand for spelt milk, such as hazelnut milk and almond milk, is strong.
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During the projected period, the prevalence of gluten and the availability of product substitutes will hinder the growth of the spelt milk market. People want to choose healthier products, which is raising the spelt milk market data, as dairy products are frequently heavy in calories and customers are adopting a healthier lifestyle.
Due to the boom in marketing operations within the region, Europe controls the spelt milk market. Owing to the increase in disposable income in the region, the North America spelt milk market is predicted to grow significantly between 2022 and 2032.
Key Takeaways from Market Study
- The spelt milk market is expected to have a CAGR of 6.8% during the forecast period.
- China dominates the East Asian spelt milk market. This is primarily due to the numerous health and nutritional benefits of spelt milk.
- In the U.K., the spelt milk market is expected to have a share of USD 14.3 Mn in 2022.
- Based on ingredients, the spelt milk market is segmented into the fiber, gluten, proteins, vitamins, and minerals.
- Spelt milk market sales are likely to account for a part of the demand in the global plant-based milk market, valued at USD 14 Bn in 2022.
- With several initiatives taken by well-established spelt milk market players, the spelt milk market is expected to grow rapidly following COVID-19.
“Increasing demand for milk that is easily digestible, increasing usage of spelt milk due to its anti-stress properties and high content of nutrition, and the availability of flavored and natural spelt milk are all factors that will aid in the growth of the spelt milk market during the forecast period, ” says a lead analyst at Future Market Insights.
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Future Market Insights, in its new offering, provides an unbiased analysis of the spelt milk market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
The study offers compelling insights into the spelt milk market by Ingredient (Fiber, Gluten, Proteins, Vitamins, Minerals), By Distribution Channel (Online, Offline), By Form (Dry, Liquid), by Flavor (Natural, Almond, Others), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).
Spelt Milk Market By Category
By Ingredients, the Spelt Milk Market is segmented as:
- Fiber
- Gluten
- Proteins
- Vitamins
- Minerals
By Distribution Channel, the Spelt Milk Market is segmented as:
- Online
- Offline
By Form, the Spelt Milk Market is segmented as:
- Dry
- Liquid
By Flavor, the Spelt Milk Market is segmented as:
- Natural
- Almond
- Others
By Region, Spelt Milk Market is segmented as:
- North America
- Latin America
- Europe
- Middle East and Africa
- East Asia
- South Asia
- Oceania
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The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
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