Global Malted Food Drinks Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Malted Food Drinks Market 2021 (Includes Business Impact of COVID-19)
Global Malted Food Drinks Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global malted food drinks market report has been segmented on the basis of type, distribution channel, and region.
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The global Malted Food Drinks market size was valued at USD $5.40 billion in 2020 and is projected to reach $9.77 billion by 2030, and is anticipated to expand at a CAGR of 8.25% over the forecast period from 2020 to 2030.


Global Malted Food Drinks Market: Overview


Malted food drinks are good source of energy because of its various nutritional and therapeutic properties. Malted food drinks such as malted milk and other malt-based food drinks are widely used as a dietary supplement and is helpful to alleviate stress.


Global Malted Food Drinks Market: Dynamics


Growing demand for beverages made of barley malt owing to its nutritional value such as vitamin B, folic acid, biotin, and others is a major factor expected to drive growth of the target market. Additionally, growing demand for malted food drinks as a low-protein diet and dietary supplement owing to its therapeutic properties. Rising demand for malted food drinks with cocoa owing to its flavor and nutrients such as calcium, sodium, copper, magnesium, potassium, phosphorus, and zinc. These are factors anticipated to fuel growth of the target market in the near future. Furthermore, rapid urbanization, coupled with increasing awareness among consumers, changing lifestyle, and rising per-capita income are factors further boosting demand for malted food drinks in the global malted food drinks market to a certain extent.

However, high availability of low-cost substitute and presence of local manufacturers are factors expected to hamper growth of the target market.

Development of new flavors and increasing penetration in urban as well as rural areas are among some of the other factors expected to create new opportunities for prominent players operating in the target market.


Global Malted Food Drinks Market: Segment Analysis


Among type segments, the with cocoa segment is projected to register significant growth in terms of revenue in the target market, owing to its flavor and various nutrients.

Among distribution channel segments, the internet/online retail segment is expected to account for highest revenue share in the potential market. Increasing demand for malted food drinks through online retail owing to its all-time availability is a factor expected to support revenue growth of the target market.


Global Malted Food Drinks Market: Region Analysis


The Asia Pacific malted food drinks market is expected to register major share in terms of revenue in the global malted food drinks market and expected to maintain its dominance in the next 10 years. Increasing demand for malted food drinks owing to growing consumer awareness in countries such as India and others is a factor expected to fuel growth of the target market in Asia Pacific region. The malted food drinks market in India is expected to register highest growth in terms of revenue in the target market owing to rapid urbanization, coupled with high disposable income, and shifting preference of consumers towards healthy lifestyle. The North America market is expected to account for moderate growth rate in the target market, followed by Europe market. This is attributed to growing consumer awareness about its therapeutic properties.

Global Malted Food Drinks Market Segmentation:

Segmentation on the Basis of Type:

  
With Cocoa
  
Without Cocoa

Segmentation on the Basis of Distribution Channel:

  
Pharmacies/Drug Stores
  
Supermarket/Hypermarkets
  
Departmental/Grocery Stores
  
Internet/Online Retail
  
Others


Key Market Players included in the report:


  
Abbott Healthcare Pvt Ltd
  
Associated British Foods Plc
  
China Mengniu Dairy
  
Continental Milkose (India) Ltd.
  
CTL Foods, Inc.
  
Cytosport Inc.
  
Danone S.A.
  
GlaxoSmithKline Consumer Healthcare Ltd.
  
Gujarat Cooperative Milk Marketing Federation Ltd.
  
Heinz
  
Inner Mongolia Yili
  
Kraft Heinz India Private Limited
  
Mondelez India Foods Private Limited
  
Mondelez International Inc.
  
NestlE India Limited
  
Nutricia International Pvt. Ltd.
  
Patanjali Ayurved Limited
  
Sri Sri Tattva
  
Wockhardt
  
Zydus Wellness Limited