Malted Food Drinks Market Size, Share, Trends and Forecast, 2032
Malted Food Drinks Market - By Type (Cocoa and Without Cocoa), By Distribution Channel (Supermarket/Hypermarkets, Pharmacies/Drug Stores, Internet/Online Retail, Departmental/Grocery Stores, and Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 6.49 Billion | USD 10.11 Billion | 4.5% | 2023 |
Malted Food Drinks Market: Industry Perspective
The Global Malted Food Drinks Market, which was estimated at about $6.49 Billion in 2023 and is predicted to accrue earnings worth $10.11 Billion by 2032, is set to record a CAGR of nearly over 10.11% during 2024 to 2032. The report offers valuation and analysis of the Malted Food Drinks market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2018 to 2032 along with a forecast from 2024 to 2032 based on value (USD Billion).
Malted Food Drinks Industry: Overview
Malted food drinks are a major energy source as a result of their nutritive as well as medicinal features. According to NCBI, the intake of beverages accounts majorly for high diet quality and nutrition. As per the study conducted by NIH researchers on Malaysian primary school children falling in the range of 6-12 years, intake of malted food drinks was found to increase the level of the proportion of physical activities and micronutrient intake though not body mass. As per the findings of NCBI, the drinks also did not contribute to the rise in obesity in the sample frame of the children population.
Malted Food Drinks Industry: Growth Drivers
Burgeoning intake of malted food drinks such as beverages made up of barley malt due to its enhanced nutritive value like biotin, vitamin B, and folic acid is expected to create massive growth in the malted food drinks market in the years ahead. The escalating popularity of malted food beverages as low-protein food as well as food supplement due to their healing features will promote the market growth trends. In addition to this, malted food drinks such as cocoa have gained large-scale popularity due to their flavor and ingredients like potassium, calcium, zinc, copper, phosphorous, sodium, and magnesium. Apparently, swift urbanization along with escalating consciousness about the benefits of malted food drinks will create lucrative growth avenues for the malted food drinks industry over the forecast period.
Moreover, altering lifestyles and a surge in disposable incomes will upswing the expansion of the malted food drinks industry over the upcoming years. Nonetheless, the large-scale availability of low-cost alternatives along with the presence of regional manufacturers will retard the expansion of the malted food drinks industry over the upcoming years. However, the introduction of new flavors along with rising product penetration in urban & rural or remote regions will pave a way for the expansion of the malted food drinks industry over the anticipated timeline.
Asia Pacific Market To Expand Leaps & Bounds By 2032
The expansion of the malted food drinks industry in the Asia Pacific over the forecast timeline is attributed to the massive demand for malted food beverages in the countries of Asia Pacific. Apart from this, growing consumer awareness about these products in the countries like India will proliferate the regional market expansion over the forecasting years. Swift urbanization, high per capita income, and changing end-user preferences will drive the regional market demand in the years to come. Thriving eCommerce and retail sectors will account notably for regional market size in the years ahead.
Malted Food Drinks Market: Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Name | Malted Food Drinks Market |
| Market Size in 2023 | USD 6.49 Billion |
| Market Forecast in 2032 | USD 10.11 Billion |
| Growth Rate | CAGR of 4.5% |
| Number of Pages | 110 |
| Key Companies Covered | GlaxoSmithKline plc, CTL Foods, Inc., Abbott Laboratories, Associated British Foods Plc, Mondelez International, Inc., Nestlé S.A., Danone S.A., Zydus Wellness Limited, Cytosport Inc., and Continental Milkose Ltd. |
| Segments Covered | By Distribution Channel, By Type and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 - 2022 |
| Forecast Year | 2024 - 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key participants profiled in the study include:
- GlaxoSmithKline plc
- CTL Foods, Inc.
- Abbott Laboratories
- Associated British Foods Plc
- Mondelez International, Inc.
- Nestlé S.A.
- Danone S.A.
- Zydus Wellness Limited
- Cytosport Inc.
- Continental Milkose Ltd.
The global malted food drinks market is segmented as follows:
By Distribution Channel:
- Pharmacies/Drug Stores
- Departmental/Grocery Stores
- Internet/Online Retail
- Supermarket/Hypermarkets
- Others
By Type:
- With Cocoa
- Without Cocoa
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Table Of Content
Methodology
FrequentlyAsked Questions
Malted food drinks are beverages made from malted grains. They provide nutrition, energy, and are often consumed as health drinks
The global Malted Food Drinks market is expected to be driven by the rising demand for nutritious beverages, especially among children and elderly populations. Fortification trends and expanding retail availability support market growth.
According to study, the global Malted Food Drinks market size was worth around USD 6.49 Billion in 2023 and is predicted to grow to around USD 10.11 Billion By 2032.
The global Malted Food Drinks market is expected to grow at a Compound Annual Growth Rate (CAGR) of around CAGR 4.5% during the forecast period from 2024-2032.
The global Malted Food Drinks industry is projected to be challenged by Challenges include sugar-content scrutiny, price sensitivity, and competition from health beverages.
The Opportunities include demand for fortified nutrition, child and adult health drinks, flavor innovation, and growth in emerging markets will offer significant growth opportunities in the Malted Food Drinks market.
Fortified and functional malt drinks; low-sugar and clean-label formulations; growth in instant and ready-to-mix formats are the emerging trends and innovations impacting the Malted Food Drinks market.
The global Malted Food Drinks market is expected to be led by APAC during the forecast period.
Some of the prominent players operating in the global Malted Food Drinks market are; GlaxoSmithKline plc, CTL Foods, Inc., Abbott Laboratories, Associated British Foods Plc, Mondelez International, Inc., Nestlé S.A., Danone S.A., Zydus Wellness Limited, Cytosport Inc., and Continental Milkose Ltd. and others.
The report explores crucial aspects of the Malted Food Drinks market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.
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