Malted Food Drinks Market Research Report - By Industry Size, Share, Growth Trends and Forecast 2023 – 2028
Report Overview:
The following report titled “Global Malted Food Drinks Market: By Type (With Cocoa, Without Cocoa), By Distribution Channel (Pharmacies/ Drug Stores, Supermarket/ Hypermarket, Departmental/ Grocery Stores, Internet/ online) and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Global Malted Food Drinks Market Summary
The Global Malted Food Drinks Market is projected to grow at a CAGR of around 10.75% during the forecast period, i.e., 2023-28. The market for malted food drinks is anticipated to experience rapid expansion in the following years due to the rising popularity of beverages made of barley malt and their increased nutritional value, which includes biotin, vitamin B, and folic acid. Due to their therapeutic properties, malted food beverages are becoming increasingly popular as low-protein foods and supplements supporting market growth trends. Additionally, malted food drinks like cocoa have gained popularity in the past few years due to their flavor and components like potassium, calcium, zinc, copper, phosphorus, sodium, and magnesium. These are frequently taken as flavor enhancers to assist growing youngsters in drinking milk. White Malt Powder and Brown Malt Powder are the two main varieties of malt health drinks.
Report Coverage & Details
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Malted Food Drinks Market Trend:
Significant consumers in Asia are switching to diets that are more focused on plants, with around 10 % choosing vegetarian and vegan meals and a third adopting a "flexitarian" diet. As more families are going with this trend, there is an increasing demand for dairy substitutes made from plants that are delicious and have substantial nutritional value. Thus, Plant-based or organic drinks, including malt drinks, have gained popularity in the Asian countries like India and are anticipated to garner attention from other parts of the words in the near future.
Segmentation Analysis: Malted Food Drinks Market
By Type
By Distribution Channel
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By Region
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Region: Asia PacificHolds a Major Market Share
On the geographical front, the Asia Pacific dominated the malted food drinks market on account of growing urbanization and the swift surge in the working population demanding ready-to-eat products.
Leading Players Analysis: Malted Food Drinks Market
The report provides detailed analysis of key players in the global Malted Food Drinks market, highlighting their strategies and competitive scenario.
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