The current Malted Food Drinks market research report provides a comprehensive overview of various variables that influence the business portfolio, future outlook, present crisis analysis with significant innovations, and product service segmentation. The research analyzes key statistics on market size, major drivers, growth opportunities challenges, competitive analysis, and revenue share of leading corporations/industries/companies, namely -
-GlaxoSmithKline plc,
-Mondel?z International, Inc.
-Abbott Laboratories
-Associated British Foods Plc
-Zydus Wellness Limited
-Danone S.A.,
-Cytosport Inc.
-Continental Milkose (India) Ltd.
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According to the research report, the Malted Food Drinks Market is expected to expand at a CAGR of 10.75% during 2023-28.
Market Definition: Malted food beverages are essentially powdered gruels produced from a blend of wheat flour, malted barley, and evaporated whole milk. Malted food beverages are low-protein diets that are ideal as dietary supplements. About 30 essential minerals and elements are present in these foods and beverages. Vitamins D, A, and E are among the essential vitamins found in malt. In addition, one of the vital vitamins in the malt is folic acid, which is crucial for developing children and pregnant women.
Key Drivers: The recent explosion in consumers’ interest in healthy drinks has called for more nutrient-packed beverages introduced by the companies. This rapid inclination has come as a result of a growing number of health-conscious people followed by the concern regarding the undernourishment of children, thus leading to more kid-friendly malt surfacing in stores or outlets. Likewise, the demand for malted food drinks is swiftly augmented by the frequent adoption exhibited by fitness and sports enthusiasts. It primarily keeps them hydrated and fulfils the essential body nutrients and minerals.
Growth Opportunity: Manufacturers of malt drinks are focused on producing beverages with exquisite flavors and state-of-the-art packaging while they are in transit for quality marks and production. Further, notable malt beverage industry firms are striving to take advantage of this market potential since consumers embrace the introduction of new beverages. Thus, major players and new entrants would engage in more merger and acquisition activities in the coming years to bring forth products that suit modern consumption patterns. For instance, a new Milo Soy by Nestle has rich nutritious qualities. Approximately 5g of protein is included in a 180ml carton, providing a lot of calcium, vitamins, and minerals. Along with a paper straw, the carton is made to be recycled.
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The Market segments are cited below:
Market Divided into, By Type
-With Cocoa
-Without Cocoa
Market Divided into, By Distribution Channel
-Pharmacies/ Drug Stores
-Supermarket/ Hypermarket
-Departmental/ Grocery Stores
-Internet/ Online
Regional Landscape includes North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
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Key Citations of the Research Report:
-Influential parameters driving or constraining Market growth
-The Market's response to the Covid-19 pandemic
-A thorough examination of the Market's shifting dynamics
-Assists in determining the profitability by providing thorough insights assessments of various segments of the Market
-Key strategies adopted by market leaders to maintain their position in the Market
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