Malted food drinks, also recognized as health drinks are powdered gruel prepared from a blend of malted barley, wheat flour, and evaporated whole milk. These drinks are ranked as nutritious drinks by manufacturing firms and utilized to boost milk intake in the growing kids. Malt is deemed among the most diuretic beverages. These drinks contain carbohydrates that are mostly broken down owing to which they can be digested easily. Also, they are perfectly suitable for low-protein diet and as dietary supplement. Also, they contain about 30 vital minerals and elements. Additionally, it also have vitamins such as vitamins A, D and E. malt food drinks are beneficial to kids and pregnant women as it has folic acid.
Global malted food drinks market is anticipated to witness significant growth during the forecast period owing to the rising intake as nutrition supplements of malted food drinks, particularly for women & children and growing alertness about the several advantages of malted food drinks. In addition, people around the world are turning out to be more health-conscious due to altering lifestyle patterns leading to escalated consumption of beverages & convenience foods. This is likely to drive the growth of global malt based food drinks in the near future. Furthermore, the increase in the disposable income along with the change in lifestyle and the rise in the organized retail and the robust growth in the e-commerce sector are the prime factors contributing to the growth of the Global market.
The global malted food drinks market can be segregated based on distribution channel, type, and region. The market, based on type, is classified as without cocoa and cocoa. The market, based on distribution channel, is categorized as drug stores/pharmacies, hypermarkets/supermarket, grocery/departmental stores, internet/online retail, and others.
Regionally, the global malted food drinks market is projected to be dominated by Asia Pacific due to increasing alertness about healthy lifestyle, growing urbanization, rising customer inclination toward milk having dairy additives like malt, and escalating disposable income of people. Additionally, the Middle East and Africa region is also anticipated to develop at the rapid pace over the years to come due to growing worries about malnutrition of kids, rising urban population, and the mounting consciousness about having a healthy lifestyle.
Few of the prominent players in global malted food drinks market consists of GlaxoSmithKline plc, Nestlé S.A., Abbott Laboratories, Mondelēz International, Inc., Zydus Wellness Limited, Associated British Foods Plc, Cytosport Inc., Danone S.A., CTL Foods, Inc., and Continental Milkose (India) Ltd., among others.
Recent development: Recently, Fort Brewery started a new drinks hub in Fort Worth. Now, the company has in pipeline about 15 beers, comprising its 7 year round staples. These comprise a blonde Ale named Clara and Los Muertos Mexican lager.
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