Spelt Milk Market Size, Share, Industry Trends, Outlook, Growth Opportunities and Market Forecast 2023 - 2030

Global Spelt Milk Market is Segmented By Nature (Organic, Conventional), By Form (Liquid, Powder), By Distribution Channel (Offline, Online), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023 - 2030

Spelt Milk Market Size

The Spelt Milk Market reached USD 12.1 billion in 2022 and is expected to reach USD 19.4 billion by 2030 growing with a CAGR of 6.1% during the forecast period 2023-2030.

Spelt milk, being derived from grain and considered a wholesome plant-based option, resonates with consumers adopting such dietary trends, contributing to its market growth.

Consumer health concerns are increasing and is a growing demand for vegan products. Spelt milk has nutritional benefits and is gaining popularity in the spelt milk market. Spelt is an environmentally friendly crop due to its minimal water and pesticide requirements, appealing to environmentally conscious consumers, thus boosting the spelt milk market.

Spelt milk has a unique taste and creamy texture attracting chefs and culinary enthusiasts, leading to its incorporation in various gourmet recipes, and expanding its spelt milk market growth. The expansion of retail channels is facilitating the accessibility of spelt milk products to a broader consumer base, fueling the spelt milk market expansion. 

Spelt Milk Market Scope

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Spelt Milk Market Dynamics

Growing Health Consciousness among Consumers Drives Market Growth

Consumers are more health-conscious, they seek nutritious food and beverage products. Spelt milk is rich in nutritional profiles such as vitamins, and protein aligning with this demand and driving the market growth. Consumers are focusing on vegan alternatives with growing awareness of lactose intolerance. Spelt milk, being a suitable dairy-free option, appeals to this consumer segment, expanding its market reach.

 Consumers are attracted to spelt milk as a health choice due to its digestive and the presence of essential nutrients. This positive perception drives consumer preference for spelt milk over traditional dairy milk, boosting its market presence. The rise of vegan diets, driven by health concerns is leading to an increased demand for plant-based milk alternatives. 

Allergen-Friendly Nature of Spelt Milk Drive Market Growth

Spelt milk is suitable for consumers with dairy allergies. This inclusiveness expands the potential consumer base, driving its adoption in the market. Consumers seek safer alternatives with increasing awareness of allergen-free diets and food allergies on health. Spelt milk's reputation as an allergen-friendly option position it as a preferred choice, driving demand in the market.

Allergen-friendly spelt milk is an attractive choice for the food service and hospitality industry to cater to dietary preferences and requirements. Its presence on menus and in coffee shops further drives its market reach. Spelt milk manufacturers may innovate and formulate products catering specifically to allergen-sensitive consumers. These specialized offerings provide more options for consumers seeking allergen-free alternatives, contributing to market expansion.

High Production Costs of Spelt Milk Hamper the Market Growth

The high production costs of spelt milk are leading to higher retail prices compared to other vegan milk alternatives. In price-sensitive markets, consumers opt for more affordable options, affecting spelt milk's market competitiveness. The high production costs lead manufacturers to focus on higher-margin products, potentially limiting the variety and innovation in spelt milk offerings. This restriction could impact consumer choices and market growth.

The higher production costs limit the availability and distribution of spelt milk in certain regions. This limited market penetration can hinder its reach and accessibility to a broader consumer base, affecting the overall market growth. Consumers weigh the perceived benefits of spelt milk against its higher cost. The value proposition does not align with the price, it could impact consumer adoption and restrain the market growth.

Spelt Milk Market Segment Analysis

The global spelt milk market is segmented based on nature, form, distribution channel, and region.

Growing Consumer Preference for Organic Spelt Milk Products

The organic segment held the largest share of the global spelt milk market. Consumers are shifting to organic food products increasing demand for organic spelt milk among health-conscious consumers. Organic certification assures consumers of the product's purity and sustainability, driving its demand in the market. Consumers choose organic spelt milk as a healthier product compared to conventional alternatives. The absence of synthetic pesticides and chemicals in organic farming practices appeals to consumers seeking cleaner and sustainable food choices.

Organic spelt milk commands a premium price due to the stringent organic farming practices and certifications required. Despite higher production costs, the segment's profitability attracts manufacturers and contributes to its larger market share. The demand for organic spelt milk extends to both retail and food service sectors. Retailers are more to stock organic products to cater to the growing consumer demand for organic spelt milk products.

Spelt Milk Market Geographical Share

Increasing Consumer Preference for Healthier Spelt Milk Products in Europe

The Europe region is dominating the global spelt milk market. Spelt is a traditional grain and has a strong cultural heritage in European countries. The familiarity with spelt shifts into acceptance and demand for spelt milk impact European consumers, bolstering the spelt milk market's growth. 

Europe has a well-established health and sustainability-conscious consumer base. As consumers prioritize natural and organic food products, the demand for healthier alternatives like spelt milk increases, driving market growth in the region. The European organic spelt milk market is well-developed, and consumers seek organic products. Organic spelt milk aligns with this trend, making it a sought-after option, further boosting its market presence in Europe.

Spelt Milk Market Companies

The global spelt milk market players include THE BRIDGE S.R.L, Allos, Natumi Organic, Provamel, Ecomil, Abafoods Srl, Poggio Organic, BioSophia, Blue Diamond Growers, Inc., and Califia Farms.

COVID-19 Impact on Spelt Milk Market

The pandemic disrupted the supply chain for spelt milk, affecting sourcing, production, and distribution. Delays in raw material procurement impacted market supply and availability. The closure of restaurants and cafes during lockdowns led to reduced demand for spelt milk in the food service sector. This negative impact affected overall market sales.

However, the pandemic increased consumer awareness of health and wellness leading to a positive impact on the spelt milk market. Consumers sought healthier and more nutritious alternatives, and the demand for spelt milk as a wholesome vegan option surged. With lockdowns and restrictions, consumers shifted to cooking and baking at home. Spelt milk, being a versatile ingredient for various recipes, witnessed increased demand, positively impacting the market.

Key Developments

• On April 11, 2022, Sharpham Park, known for its expertise in spelt products, launched two new organic milk alternatives. The newly introduced offerings, Spelt Barista and Naked Oats & Spelt are crafted using organic spelt sourced directly from the renowned Sharpham Park Farm & Mill located in Somerset, UK.

Why Purchase the Report?

• To visualize the global spelt milk market segmentation based on nature, form, distribution channel, and region, as well as understand key commercial assets and players. 
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of the spelt milk market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global spelt milk market report would provide approximately 61 tables, 54 figures, and 115 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies