Margarine and Shortening Market Size, Trends, Analysis, and Outlook By Product (Margarine, Shortening), By Source (Plant-based, Animal-based), By Form (Solid, Liquid), By Application (Baking and Pastry, Cooking and Frying, Spreads and Toppings, Industrial

Margarine and Shortening Market Size, Trends, Analysis, and Outlook By Product (Margarine, Shortening), By Source (Plant-based, Animal-based), By Form (Solid, Liquid), By Application (Baking and Pastry, Cooking and Frying, Spreads and Toppings, Industrial), By End-User (Retail, Food Service, Industrial), by Country, Segment, and Companies, 2024-2032


Global Malted Milk Food Market Size is valued at $2.3 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.9% to reach $3.6 Billion by 2032.

The malted milk food market is witnessing a resurgence in demand, driven primarily by the growing interest in functional foods that offer nutritional benefits. As consumers become more health-conscious, there is an increasing preference for malted milk products that are fortified with vitamins and minerals, catering to various dietary needs. Additionally, the popularity of malted beverages and snacks among both children and adults is fostering innovative product development, such as malted milk powders designed for smoothies and health shakes. The rise of e-commerce platforms is also facilitating easier access to a wider range of malted products, enhancing consumer convenience and driving sales.

Malted Milk Food Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Malted Milk Food survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Malted Milk Food industry.

Key market trends defining the global Malted Milk Food demand in 2025 and Beyond

The Malted Milk Food industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Malted Milk Food Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Malted Milk Food industry

Leading Malted Milk Food companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Malted Milk Food companies.

Malted Milk Food Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Malted Milk Food Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Malted Milk Food industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Malted Milk Food Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Malted Milk Food Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Malted Milk Food market segments. Similarly, strong market demand encourages Canadian Malted Milk Food companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Malted Milk Food Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Malted Milk Food industry remains the major market for companies in the European Malted Milk Food industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Malted Milk Food market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Malted Milk Food Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Malted Milk Food in Asia Pacific. In particular, China, India, and South East Asian Malted Milk Food markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Malted Milk Food Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Malted Milk Food Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Malted Milk Food market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Malted Milk Food.

Malted Milk Food Company Profiles

The global Malted Milk Food market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Briess Industries, Inc., Briess Malt & Ingredients Co., Family Cereal Sdn Bhd, Imperial Malts Limited, Jagatjit Industries Limited, Milkose (India) Limited, Nestlé S.A., SSP Pvt. Ltd..

Recent Malted Milk Food Market Developments

The global Malted Milk Food market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Malted Milk Food Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:
By Type
Malted Milk Drinks

Malted Milk Powders

Others
By Application
Online Retail

Offline Retail

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Briess Industries, Inc.

Briess Malt & Ingredients Co.

Family Cereal Sdn Bhd

Imperial Malts Limited

Jagatjit Industries Limited

Milkose (India) Limited

Nestlé S.A.

SSP Pvt. Ltd.

Formats Available: Excel, PDF, and PPT


Chapter 1: Executive Summary
1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
1.3.1 Country Coverage
1.3.2 Companies Profiled
1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
1.3.4 Units
1.4 Abbreviations
Chapter 2. Margarine and Shortening Market Overview- 2025
2.1 An Introduction to the Global Margarine and Shortening Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024
Chapter 3. Strategic Analysis Review
3.1 Margarine and Shortening Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments
Chapter 4. Impact Analysis and Scenario Forecasts
4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Margarine and Shortening Market Outlook to 2032
4.6 Reference Case Scenario: Global Margarine and Shortening Market Outlook to 2032
4.7 High Growth Case Scenario: Global Margarine and Shortening Market Outlook to 2032
Chapter 5: Margarine and Shortening Market Dynamics
5.1 Key Margarine and Shortening Market Trends
5.2 Potential Margarine and Shortening Market Opportunities
5.3 Key Market Challenges
Chapter 6: Global Margarine and Shortening Market Analysis and Outlook to 2032
6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Product
Margarine
Shortening
Source
Plant-based
Animal-based
Form
Solid
Liquid
Application
Baking and Pastry
Cooking and Frying
Spreads and Toppings
Industrial
End-User
Retail
Food Service
Industrial
6.3 Global Market Outlook by Region, 2021 to 2032
Chapter 7: North America Margarine and Shortening Market Analysis and Outlook to 2032
7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Product
Margarine
Shortening
Source
Plant-based
Animal-based
Form
Solid
Liquid
Application
Baking and Pastry
Cooking and Frying
Spreads and Toppings
Industrial
End-User
Retail
Food Service
Industrial
7.3 North America Market Outlook by Country, 2021- 2032
7.3.1 United States Margarine and Shortening Market Size Forecast, 2021- 2032
7.3.2 Canada Margarine and Shortening Market Size Forecast, 2021- 2032
7.3.3 Mexico Margarine and Shortening Market Size Forecast, 2021- 2032
Chapter 8: Europe Margarine and Shortening Market Analysis and Outlook to 2032
8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Product
Margarine
Shortening
Source
Plant-based
Animal-based
Form
Solid
Liquid
Application
Baking and Pastry
Cooking and Frying
Spreads and Toppings
Industrial
End-User
Retail
Food Service
Industrial
8.3 Europe Market Outlook by Country, 2021- 2032
8.3.1 Germany Margarine and Shortening Market Size Forecast, 2021- 2032
8.3.2 France Margarine and Shortening Market Size Forecast, 2021- 2032
8.3.3 United Kingdom Margarine and Shortening Market Size Forecast, 2021- 2032
8.3.4 Spain Margarine and Shortening Market Size Forecast, 2021- 2032
8.3.5 Italy Margarine and Shortening Market Size Forecast, 2021- 2032
8.3.6 Russia Margarine and Shortening Market Size Forecast, 2021- 2032
8.3.7 Rest of Europe Margarine and Shortening Market Size Forecast, 2021- 2032
Chapter 9: Asia Pacific Margarine and Shortening Market Analysis and Outlook to 2032
9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Product
Margarine
Shortening
Source
Plant-based
Animal-based
Form
Solid
Liquid
Application
Baking and Pastry
Cooking and Frying
Spreads and Toppings
Industrial
End-User
Retail
Food Service
Industrial
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
9.3.1 China Margarine and Shortening Market Size Forecast, 2021- 2032
9.3.2 India Margarine and Shortening Market Size Forecast, 2021- 2032
9.3.3 Japan Margarine and Shortening Market Size Forecast, 2021- 2032
9.3.4 South Korea Margarine and Shortening Market Size Forecast, 2021- 2032
9.3.5 Australia Margarine and Shortening Market Size Forecast, 2021- 2032
9.3.6 South East Asia Margarine and Shortening Market Size Forecast, 2021- 2032
9.3.7 Rest of Asia Pacific Margarine and Shortening Market Size Forecast, 2021- 2032
Chapter 10: South America Margarine and Shortening Market Analysis and Outlook to 2032
10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Product
Margarine
Shortening
Source
Plant-based
Animal-based
Form
Solid
Liquid
Application
Baking and Pastry
Cooking and Frying
Spreads and Toppings
Industrial
End-User
Retail
Food Service
Industrial
10.3 South America Market Outlook by Country, 2021- 2032
10.3.1 Brazil Margarine and Shortening Market Size Forecast, 2021- 2032
10.3.2 Argentina Margarine and Shortening Market Size Forecast, 2021- 2032
10.3.3 Rest of South America Margarine and Shortening Market Size Forecast, 2021- 2032
Chapter 11: Middle East and Africa Margarine and Shortening Market Analysis and Outlook to 2032
11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Product
Margarine
Shortening
Source
Plant-based
Animal-based
Form
Solid
Liquid
Application
Baking and Pastry
Cooking and Frying
Spreads and Toppings
Industrial
End-User
Retail
Food Service
Industrial
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
11.3.1 Saudi Arabia Margarine and Shortening Market Size Forecast, 2021- 2032
11.3.2 The UAE Margarine and Shortening Market Size Forecast, 2021- 2032
11.3.3 Rest of Middle East Margarine and Shortening Market Size Forecast, 2021- 2032
11.3.4 South Africa Margarine and Shortening Market Size Forecast, 2021- 2032
11.3.4 Rest of Africa Margarine and Shortening Market Size Forecast, 2021- 2032
Chapter 12: Competitive Landscape
12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 AAK AB
Archer Daniels Midland Company (ADM)
Bunge Limited
Cargill, Incorporated
Conagra Brands, Inc.
Dairy Farmers of America, Inc.
Fuji Oil Holdings Inc.
Kerry Group plc
NMGK Group
Puratos Group
Richardson International Limited
Unilever PLC
Upfield Holdings B.V.
Vandemoortele NV
Wilmar International Limited
Chapter 13: Sources and Research Methodology
13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information
List of Figures
Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Margarine and Shortening Market Outlook by Type, 2021- 2032
Figure 6: Global Margarine and Shortening Market Outlook by Application, 2021- 2032
Figure 7: Global Margarine and Shortening Market Outlook by Region, 2021- 2032
Figure 8: North America Margarine and Shortening Market Snapshot, Q4-2024
Figure 9: North America Margarine and Shortening Market Size Forecast by Type, 2021- 2032
Figure 10: North America Margarine and Shortening Market Size Forecast by Application, 2021- 2032
Figure 11: North America Margarine and Shortening Market Share by Country, 2023
Figure 12: Europe Margarine and Shortening Market Snapshot, Q4-2024
Figure 13: Europe Margarine and Shortening Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Margarine and Shortening Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Margarine and Shortening Market Share by Country, 2023
Figure 16: Asia Pacific Margarine and Shortening Market Snapshot, Q4-2024
Figure 17: Asia Pacific Margarine and Shortening Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Margarine and Shortening Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Margarine and Shortening Market Share by Country, 2023
Figure 20: South America Margarine and Shortening Market Snapshot, Q4-2024
Figure 21: South America Margarine and Shortening Market Size Forecast by Type, 2021- 2032
Figure 22: South America Margarine and Shortening Market Size Forecast by Application, 2021- 2032
Figure 23: South America Margarine and Shortening Market Share by Country, 2023
Figure 24: Middle East and Africa Margarine and Shortening Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Margarine and Shortening Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Margarine and Shortening Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Margarine and Shortening Market Share by Country, 2023
Figure 28: United States Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Margarine and Shortening Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology
List of Tables
Table 1: Market Scope and Segmentation
Table 2: Global Margarine and Shortening Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Margarine and Shortening Market Size Outlook by Segments, 2021- 2032
Table 7: Global Margarine and Shortening Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Margarine and Shortening Market Outlook by Type, 2021- 2032
Table 10: North America- Margarine and Shortening Market Outlook by Country, 2021- 2032
Table 11: Europe - Margarine and Shortening Market Outlook by Type, 2021- 2032
Table 12: Europe - Margarine and Shortening Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Margarine and Shortening Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Margarine and Shortening Market Outlook by Country, 2021- 2032
Table 15: South America- Margarine and Shortening Market Outlook by Type, 2021- 2032
Table 16: South America- Margarine and Shortening Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Margarine and Shortening Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Margarine and Shortening Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Margarine and Shortening Companies
Table 20: Product Profiles of Leading Margarine and Shortening Companies
Table 21: SWOT Profiles of Leading Margarine and Shortening Companies

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