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Global Spelt Milk Market – Industry Trends and Forecast to 2031

Food & Beverage

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Global Spelt Milk Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Jun 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Spelt Milk Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 231.63 USD Million
Diagram Market Size (Forecast Year) USD 507.46 USD Million
Diagram CAGR %

Major Markets Players

  • THE BRIDGE S.R.L
  • Allos
  • Natumi Organic Provamel
  • Ecomil
  • Isola Bio

Global Spelt Milk Market, By Ingredient (Fiber, Gluten, Proteins, Vitamins, and Minerals), Distribution Channel (Online and Offline), Form (Dry and Liquid), Flavor (Natural, Almond, and Others) – Industry Trends and Forecast to 2031.

Spelt Milk Market

Spelt Milk Market Analysis and Size

The spelt milk market is experiencing growth driven by several key factors. Increasing consumer awareness of lactose intolerance and dairy allergies has led to a rise in demand for non-dairy milk alternatives, including spelt milk. In addition, the growing trend towards veganism and vegetarianism, along with a general shift towards healthier lifestyles, has further boosted the demand for spelt milk. The nutritional benefits of spelt milk, such as being rich in fiber, vitamins, and minerals, also contribute to its popularity among health-conscious consumers. Moreover, the spelt milk market benefits from the perception of spelt as a more sustainable and environmentally friendly alternative to traditional dairy milk.

Global spelt milk market size was valued at USD 231.63 million in 2023 and is projected to reach USD 507.46 million by 2031, with a CAGR of 10.30% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Ingredient (Fiber, Gluten, Proteins, Vitamins, and Minerals), Distribution Channel (Online and Offline), Form (Dry and Liquid), Flavor (Natural, Almond, and Others)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America

Market Players Covered

THE BRIDGE S.R.L (Italy), Allos (Germany), Natumi Organic (Germany)

Provamel (Belgium), Ecomil (France), Isola Bio (AbafoodsSrl) (Italy), Poggio Organic (Italy), BioSophia (Germany)

Market Opportunities

  • Sustainability and Environmental Concerns 
  • Marketing and Branding Initiatives of Spelt Milk 

Market Definition

Spelt milk is a non-dairy, plant-based milk alternative made from spelt, an ancient grain related to wheat. It is produced by soaking spelt grains in water, blending them, and then straining the mixture to remove solids. Spelt milk is naturally lactose-free and is often chosen as a dairy alternative by individuals with lactose intolerance or those following a vegan diet. It is rich in nutrients such as fiber, vitamins, and minerals, and has a slightly sweet and nutty flavor.           

Spelt Milk Market Dynamics

Drivers

  • Rise in Vegan and Vegetarian Diets   

As more people embrace these dietary lifestyles for health, ethical, and environmental reasons, the demand for dairy-free milk options has surged. Spelt milk, being a plant-based and vegan-friendly alternative, has gained popularity among individuals seeking dairy alternatives that align with their dietary choices and seek spelt milk nutrition such as fiber, vitamins, and minerals. The increasing adoption of vegan and vegetarian diets is a key driver fueling the demand for plant-based milk alternatives like spelt milk.   

  • Dairy Allergen-Friendly 

Spelt milk's status as a suitable option for individuals with lactose intolerance or dairy allergies significantly expands its consumer base. For those who cannot consume dairy products due to health reasons, spelt milk offers a viable alternative that is gentle on the digestive system. Its allergen-friendly nature makes it a preferred choice for those with specific dietary needs or restrictions, further boosting its appeal in the market. As awareness of lactose intolerance and dairy allergies increases, the demand for spelt milk is expected to grow, particularly among this consumer segment.

Opportunities

  • Sustainability and Environmental Concerns 

As concerns over climate change and environmental impact grow, consumers are seeking products that are produced using sustainable practices and have a lower carbon footprint. Spelt milk, being a plant-based alternative, requires fewer resources such as water and land compared to dairy milk production. This environmental benefit, coupled with its health benefits, has positioned spelt milk as a sustainable choice in the eyes of consumers and created new opportunities among environmentally conscious consumers. 

  • Marketing and Branding Initiatives of Spelt Milk  

Effective marketing and branding campaigns highlighting the health benefits and sustainability of spelt milk can significantly enhance consumer perception and drive demand. Brands that effectively communicate the nutritional value, taste, and spelt milk benefits can attract a wider audience and build brand loyalty. Through targeted marketing efforts that emphasize the unique selling points of spelt milk, such as its high nutrient content and eco-friendly production, companies can differentiate their products in a competitive market creating market opportunities.

Restraints/Challenges

  • Competition from Other Non-Dairy Milk Alternatives

The spelt milk market faces stiff competition from a wide range of non-dairy milk alternatives, including almond milk, soy milk, and oat milk, among others. These alternatives have gained popularity due to their taste, texture, and availability, posing a challenge to the growth of the spelt milk market. Additionally, the growing number of non-dairy milk options in the market provides consumers with a variety of choices, making it harder for spelt milk to stand out. Limited availability and distribution of spelt milk compared to these more mainstream options further hinder its market growth.    

  • Limited Availability and Distribution of Spelt Milk   

Limited availability and distribution of spelt milk compared to more mainstream options can pose a significant challenge to market growth, particularly in regions where alternative milk options are more readily accessible. This limitation stems from various factors, including lower production volumes of spelt milk compared to more popular alternatives such as almond or soy milk, as well as limited awareness and demand in certain markets. As a result, consumers in these regions may have limited access to spelt milk, hindering its market penetration and growth potential.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In March 2022, Somerset's spelt specialist Sharpham Park announced its expansion into the dairy alternatives market. Founded by fashion industry veteran Roger Saul, known for creating the Mulberry label, the brand has introduced two spelt-based drinks: Naked Oats & Spelt and Spelt Barista. These products are crafted from the brand's organic spelt and are positioned as a pioneering addition to the alternative drink market. Sharpham Park aims to revolutionize the market by offering innovative solutions in dairy alternatives

Spelt Milk Market Scope

The market is segmented on the basis of ingredient, distribution channel, form, and flavor. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Ingredient

  • Fiber
  • Gluten
  • Proteins
  • Vitamins
  • Minerals
    • Potassium
    • Sodium
    • Phosphorus
    • Manganese

Distribution Channel

  • Online
  • Offline
    • Supermarkets
    • Health Food Stores 
    • Drugstores

Form

  • Dry
  • Liquid

Flavor

  • Natural
  • Almond
  • Others 

Spelt Milk Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, ingredient, distribution channel, form, and flavor as referenced above.

The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

Europe is expected to dominate the market due to a strong consumer base and a well-developed market for vegan milk products. Consumers in this region are increasingly opting for healthier and more sustainable food options, making spelt milk a popular choice. The European Union's stringent regulations and standards for organic products guarantee the authenticity and quality of spelt milk, enhancing consumer confidence in the product.   

North America is expected to show significant growth due to rise of the flexitarian lifestyle. Changes in consumer lifestyles significantly influence the functional food and beverage industry. Moreover, factors such as an aging population, increased prevalence of chronic diseases, and higher healthcare expenditure all contribute to driving the market forward.

The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Spelt Milk Market Share Analysis

The market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.

Some of the major market players operating in the market are:

  • THE BRIDGE S.R.L (Italy)
  • Allos (Germany)
  • Natumi Organic (Germany)
  • Provamel (Belgium)
  • Ecomil (France)
  • Isola Bio (AbafoodsSrl) (Italy)
  • Poggio Organic (Italy)
  • BioSophia (Germany)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

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FREQUENTLY ASK QUESTIONS

The Spelt Milk Market size will be worth USD 507.46 million by 2031.
The Spelt Milk Market growth rate will be 10.30% by 2031.
The Dairy Allergen-Friendly, Rise in Vegan and Vegetarian Diets are the growth drivers of the Spelt Milk Market.
The ingredient, distribution channel, form, and flavor are the growth drivers of the Spelt Milk Market.
The major companies in the Spelt Milk Market are BRIDGE S.R.L (Italy), Allos (Germany), Natumi Organic (Germany),Provamel (Belgium), Ecomil (France), Isola Bio (AbafoodsSrl) (Italy), Poggio Organic (Italy), BioSophia (Germany).
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