Global malted
food drinks market stood at about $ 9 billion in 2018 and is projected to grow
at a CAGR of around 11% to reach $ 16.4 billion by 2024, on account of growing consumption
of malted food drinks as nutrition supplements, especially for children and
women and rising awareness regarding the various benefits of malted food drinks.
Moreover, people across the globe are becoming more health conscious owing to
changing lifestyle patterns which is further pushing demand for malt based food
drinks globally. Additionally,
growing trend of dual household income is resulting in increased disposable
income which is further expected to drive the sale of discretionary food items
like malted food drinks through 2024.
Asia-Pacific dominated global malted food drinks market in 2018 on
account of rising awareness regarding healthy lifestyle in developing countries
in the region. India dominates Asia-Pacific malted food drinks market owing to growing
consumer preference for milk with dairy additives such as malt and growing
organized retail & e-commerce sectors in the country. Moreover, increasing
urbanization, changing consumer preferences and rising disposable income of the
middle-class population is further anticipated to drive demand for malted food
drinks in the country.
Years considered for this report:
Historical
Years: 2014-2017
Base Year:
2018
Estimated
Year: 2019
Forecast
Period: 2020-2024
Objective of the Study:
- To analyze and
forecast global malted food drinks market size.
- To classify and
forecast global malted food drinks market based on type, distribution
channel and regional distribution.
- To identify drivers
and challenges for global malted food drinks market.
- To identify and analyze
the profile of leading players involved in global malted food drinks
market.
Click here to download the brochure
Some of the leading players in global
malted food drinks market are Nestlé S.A., GlaxoSmithKline
plc, Mondelēz International, Inc., Abbott Laboratories, Associated British
Foods Plc, Zydus Wellness Limited, Danone S.A., Cytosport Inc., Continental
Milkose (India) Ltd., CTL Foods, Inc., etc.
TechSci
Research performed both primary as well as exhaustive secondary research for
this study. Initially, TechSci Research sourced a list of manufacturers across
the globe. Subsequently, TechSci Research conducted primary research surveys
with the identified companies. While interviewing, the respondents were also
enquired about their competitors. Through this technique, TechSci Research
could include the manufacturers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the product
offerings, distribution channels and presence of all major manufacturers across
the globe.
TechSci Research calculated global malted
food drinks market size using a top-down approach, wherein manufacturers’ value and
volume sales data for product types (With Cocoa and Without Cocoa) was recorded
and forecast for the future years. TechSci Research sourced these values
from the industry experts and company representatives and externally validated
through analyzing historical data of these product types and applications for
getting an appropriate, overall market size. Various secondary sources such as
company websites, news articles, press releases, company annual reports,
investor presentations and financial reports were also studied by TechSci
Research.
Key Target Audience:
- Manufacturers,
suppliers, distributors and stakeholders of malted food drinks
- Raw material
suppliers of malted food drinks
- Potential
Investors
- Organizations,
forums and alliances related to malted food drinks market
- Research
organizations and consulting companies
The study is
useful in providing answers to several critical questions that are important
for the industry stakeholders such as manufacturers and partners, end users,
etc. besides allowing them in strategizing investments and capitalizing on
market opportunities.
Report Scope:
In this
report, global malted food drinks market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
o
With Cocoa
o
Without Cocoa
- Market, by
Distribution Channel:
- Pharmacies/Drug Stores
- Supermarket/Hypermarkets
- Departmental/Grocery
Stores
- Internet/Online Retail
- Others
- Market, by Region:
- Asia-Pacific
- India
- Indonesia
- Philippines
- Malaysia
- Thailand
- North America
- United
States
- Canada
- Mexico
- Europe
- Italy
- Germany
- United
Kingdom
- Switzerland
- Spain
- South America
- Middle East & Africa
- Nigeria
- South
Africa
- Saudi
Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed
analysis of the major companies present in global malted food drinks market.
Available Customizations
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Company
Information
- Detailed analysis and profiling
of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case
of direct and indirect sales channel.
In case you don’t find what
you are looking for, please get in touch with our custom research team at sales@techsciresearch.com