Malted Food Drinks Market to Surpass $ 16 Billion by 2024
According to TechSci Research report, “Global Malted Food Drinks Market By Type, By Distribution Channel,
By Region, Competition, Forecast & Opportunities, 2014-2024”, global malted food drinks
market is projected to reach $ 16.4 billion by 2024, on account of rising
awareness and demand for healthy food along with increasing health
consciousness among people, especially young population.
Moreover, considerable shift in demand paradigm towards ready-to-drink products
with smaller packs expected is further likely to
boost demand for malted food drinks during forecast period. Some of the leading
players in global malted food drinks market are GlaxoSmithKline plc, Nestlé
S.A., 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.
Browse 125 market data Figures spread
through 151 Pages and an in-depth TOC on "Global Malted Food Drinks Market "
https://www.techsciresearch.com/report/global-malted-food-drinks-market/1269.html
On the basis of distribution channel,
global malted food drinks market has been categorized into pharmacies/drug
stores, supermarkets/hypermarkets, departmental/grocery stores, internet/online
retail and others. Of these, supermarkets/hypermarkets accounted for the majority
market share in 2018 and is likely to maintain its dominance during forecast
period as well. However, internet/online retail segment is anticipated to register
the highest growth during 2019-2024, owing to growing popularity of e-commerce
market that provides a wider distribution reach to manufacturers.
Among regions, Middle East & Africa
region is expected to grow at the fastest rate in global malted food drinks
market during forecast period on account of increasing urban population, rising
concerns about children undernourishment and growing awareness about leading a healthy
lifestyle. Nigeria is the major market for malted food drinks in the Middle
East & Africa region. Rising child population and acceptance of malt based
food drinks as nutritional supplements in the country are few of the major
factors contributing to the growing demand for malted food drinks market growth.
Download Sample Report @ http://www.techsciresearch.com/sample-report.aspx?cid=1269
Customers can also request for 10% free
customization on this report.
“Global malted food drinks market is
expected to witness a promising growth during forecast period owing to
gradually shifting consumer preferences along with rising inclination towards
flavored powder drinks, especially malt-based drinks that fulfil daily requirement
of nutrients. Moreover, increasing working population across the globe has led
to rising demand for convenience food and beverages, thereby further fueling
demand for malted food drinks that also come in smaller packs for on-the-go
consumption. Furthermore, increasing focus on innovation in flavors and
packaging of malted food drinks by the major malted food drink manufacturers is
anticipated to positively influence the market over the course of next five
years.” said, Mr. Karan Chechi Research Director with TechSci Research, a research-based
global management consulting firm.
“Global Malted Food
Drinks Market By Type, By Distribution Channel, By Region, Competition,
Forecast & Opportunities, 2014-2024” has
evaluated the future growth potential of global malted food drinks market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global malted food drinks market.
About TechSci Research
TechSci Research is a leading global market research firm publishing
premium market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.
Contact
Mr. Ken
Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]