Non-Alcoholic Malt Beverages Market

Non-Alcoholic Malt Beverages Market is anticipated to grow at 3.8% CAGR during forecast period and expected to reach at 29,128 Million by 2027.

A malt beverage is a fermented drink that is made by germinating and drying cereal grains, generally wheat and barley. Non-alcoholic malt beverages help to boost energy and improve the physical performance of consumers. The malt extract is a good source of proteins, calcium, vitamins, minerals, fibers, magnesium, and phosphorus, which improves the overall health of the individuals.

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Growing demand for flavored non-alcoholic beverages, along with the increasing disposable of individuals, are the key drivers boosting the growth of the global non-alcoholic malt beverages market. The other factors supporting the market growth include rapid urbanization, rising adoption of healthy lifestyle, growing health concerns among consumers, and increasing per capita income across the globe. Increased demand for nutritional food and beverages among millennials will boost the demand for the global non-alcoholic malt beverages market. Moreover, changing consumption patterns towards healthy eating habits will enhance market growth.

The inclination of consumers towards a healthier lifestyle and high availability of multiple flavored malt drinks for people is further expected to increase the demand for non-alcoholic malt beverages across the globe. In addition to this, the increasing awareness about the health benefits of non-alcoholic malt beverages as compared to the non-alcoholic drinks is paving the way for the growth of the non-alcoholic malt beverages market in the near future. Various manufacturers are focussing on introducing new product offerings of non-alcoholic malt beverages, and the expansion of the retail sector are further propelling the growth of the non-alcoholic malt beverages market. However, the increasing availability of substitutes with low sugar content may hinder the growth of the non-alcoholic malt beverages market.

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Based on the product type, the carbonated drinks segment is expected to grow at a higher CAGR during the forecast period owing to the rising popularity of these drinks among consumers. In addition to this, the changing consumer taste and preference, along with the increasing consumption of carbonated drinks on non-alcoholic occasions will further drive the growth of the carbonated drinks segment. Dairy based drinks segment is projected to grow at a high CAGR due to the increasing health benefits of these drinks among consumers and the growing demand for milk-based non-alcoholic malt beverages among the population.

Based on flavor type, the fruit based segment is anticipated to dominate the market over the forecast period due to the growing demand for classic flavors such as apple and berries among consumers. Moreover, the rising popularity of fruit based non-alcoholic malt beverages will further bolster the market growth of the fruit based segment.

Based on the packaging, the bottle segment is predicted to lead the non-alcoholic malt beverages market owing to its unique properties such as transparency and high recyclability rate as compared to other packaging types.

Based on the distribution channel, the online segment is expected to grow at a faster CAGR during the forecast period due to the increasing penetration of internet and smartphone users. Furthermore, the online platform offers wide availability of various products, along with multiple brands and hassle-free delivery. These factors will support the growth of the online segment over the forecast period.

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Based on the region, Asia-Pacific region is expected to grow at a higher CAGR during the forecast period. The major factors supporting the growth of this region include the increasing disposable income, rising preference for non-alcoholic malt beverages, and growing health concerns regarding the consumption of alcoholic beverages among consumers. In addition to this, various key players are expanding their business of non-alcoholic malt beverages in the Asia-Pacific region.

Key Developments:

• • In 2019, The Coco-Cola Company expanded its business of non-alcoholic malt beverages in India. The company introduced its first non- alcoholic malt beverages i.e., Barbican in the Indian market.

Various notable players operating in the market include Van Pur S.A., Nestle S.A., United Dutch Breweries B.V., Ceres Brewery, Radeberger Gruppe KG, Mecca Malt, The Coca-Cola Company, Malta Goya, and Suntory Holdings Limited, among others.

The Global Non-Alcoholic Malt Beverages Market has been segmented on the basis of product type, flavour type, packaging, and region. Based on product type, the market is segmented into dairy based drinks and carbonated drinks. On the basis of flavour type, the market has been segmented into natural, fruit based, coffee/chocolate, and others. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, speciality stores, and online.

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Key questions answered in this research report:

• • At what pace is Global Non-Alcoholic Malt Beverages Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Global Non-Alcoholic Malt Beverages Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Non-Alcoholic Malt Beverages market?
  • Which product type generated maximum revenues in 2019 and identify the most promising products during the forecast period?
  • What are the various flavour types of Global Non-Alcoholic Malt Beverages Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

 Market Segmentation:

Global Non-Alcoholic Malt Beverages Market by Product Type

• • Dairy Based Drink
  • Carbonated Drink

Global Non-Alcoholic Malt Beverages Market by Flavour Type

• • Natural
  • Fruit Based
  • Coffee/Chocolate
  • Others

Global Non-Alcoholic Malt Beverages Market by Packaging

• • Bottles
  • Cans
  • Liquid Cartons

Global Non-Alcoholic Malt Beverages Market by Distribution Channel

• • Supermarkets/Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online

Global Non-Alcoholic Malt Beverages Market by Region

• • North America Non-Alcoholic Malt Beverages Market (Option 1: As a part of the free 25% customization)
    • North America Non-Alcoholic Malt Beverages Market by Product Type
    • North America Non-Alcoholic Malt Beverages Market by Flavour Type
    • North America Non-Alcoholic Malt Beverages Market by Packaging
    • North America Non-Alcoholic Malt Beverages Market by Distribution Channel
    • US Non-Alcoholic Malt Beverages Market All-Up
    • Canada Non-Alcoholic Malt Beverages Market All-Up
  • Europe Non-Alcoholic Malt Beverages Market (Option 2: As a part of the free 25% customization)
    • Europe Non-Alcoholic Malt Beverages Market by Product Type
    • Europe Non-Alcoholic Malt Beverages Market by Flavour Type
    • Europe Non-Alcoholic Malt Beverages Market by Packaging
    • Europe Non-Alcoholic Malt Beverages Market by Distribution Channel
    • UK Non-Alcoholic Malt Beverages Market All-Up
    • Germany Non-Alcoholic Malt Beverages Market All-Up
    • France Non-Alcoholic Malt Beverages Market All-Up
    • Spain Non-Alcoholic Malt Beverages Market All-Up
    • Rest of Europe Non-Alcoholic Malt Beverages Market All-Up
  • Asia-Pacific Non-Alcoholic Malt Beverages Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Non-Alcoholic Malt Beverages Market by Product Type
    • Asia-Pacific Non-Alcoholic Malt Beverages Market by Flavour Type
    • Asia-Pacific Non-Alcoholic Malt Beverages Market by Packaging
    • Asia-Pacific Non-Alcoholic Malt Beverages Market by Distribution Channel
    • China Non-Alcoholic Malt Beverages Market All-Up
    • India Non-Alcoholic Malt Beverages Market All-Up
    • Japan Non-Alcoholic Malt Beverages Market All-Up
    • Rest of APAC Non-Alcoholic Malt Beverages Market All-Up
  • RoW Non-Alcoholic Malt Beverages Market (Option 4: As a part of the free 25% customization)
    • RoW Non-Alcoholic Malt Beverages Market by Product Type
    • RoW Non-Alcoholic Malt Beverages Market by Flavour Type
    • RoW Non-Alcoholic Malt Beverages Market by Packaging
    • RoW Non-Alcoholic Malt Beverages Market by Distribution Channel
    • Brazil Non-Alcoholic Malt Beverages Market All-Up
    • South Africa Non-Alcoholic Malt Beverages Market All-Up
    • Saudi Arabia Non-Alcoholic Malt Beverages Market All-Up
    • UAE Non-Alcoholic Malt Beverages Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Non-Alcoholic Malt Beverages Market All-Up

Major Players Operating the Non-Alcoholic Malt Beverages (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Van Pur S.A.
  • Nestle S.A.
  • United Dutch Breweries B.V.
  • Ceres Brewery
  • Radeberger Gruppe KG
  • Mecca Malt
  • The Coca-Cola Company
  • Malta Goya
  • Suntory Holdings Limited
  • Royal Unibrew A/S