According to a recent report by Future Market Insights,
market research and competitive intelligence provider, spelt
milk market share is estimated to reach a value of USD 405.4
Million by 2032, surging at 6.8% CAGR through the decade.
With such initiatives taken by well-established spelt milk
market players, the market is expected to grow rapidly following COVID-19. With
such initiatives taken by well-established spelt milk market players, the
market is expected to grow rapidly following COVID-19.
Increased research activities into the benefits of spelt, on
the other hand, will lead to the creation of new opportunities in the spelt
milk market during the forecast period. Due to the wide range of substitutes,
demand for spelt milk like hazelnut milk and almond milk is high.
During the projected period, the prevalence of gluten and
the accessibility of finding product substitutes would serve as limitations on
the growth of the spelt milk market. People desire to opt for healthier
products, increasing the spelt milk market statistics, as dairy products, which
are often high in calories, and consumers are moving towards a healthy
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.
Ask Our Analyst More About Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-15019
Who is Winning?
To develop new plant-based milk products, major spelt milk
producers are focusing on research and development and innovation.
Manufacturers are also heavily investing to improve their operational
capabilities and expand their product footprint globally.
Some of the primary measures players are employing to take
advantage of the spelt milk market opportunities include frequent product
launches, geographic expansions, and distribution agreements to expand their
consumer base.
Some of the top players in the spelt milk market are THE
BRIDGE S.R.L, Allos, Natumi Organic, Provamel, Ecomil, Isola Bio (AbafoodsSrl),
Poggio Organic, and BioSophia.
Read More:https://www.futuremarketinsights.com/reports/spelt-milk-market