Global Malted Food Drinks Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Diastatic, Nondiastic, and Cocoa.By Application;
Drug Stores, Grocery Stores, Hypermarkets, and Supermarkets.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Malted Food Drinks Market (USD Million), 2021 - 2031
In the year 2024, the Global Malted Food Drinks Market was valued at USD 7,103.47 million. The size of this market is expected to increase to USD 12,372.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.3%.
The global malted food drinks market has witnessed significant growth over the years, driven by increasing consumer awareness about health and wellness. Malted food drinks, enriched with essential nutrients, proteins, and vitamins, have become a popular choice among consumers of all age groups. These drinks, typically made from malted barley, wheat, or other grains, are often marketed as energy boosters and health enhancers, appealing to the growing demand for convenient and nutritious food options. Their popularity is further supported by their versatility in serving as a standalone drink or as an additive to milk, catering to diverse taste preferences.
Rapid urbanization and lifestyle changes have contributed to the increasing consumption of malted food drinks, particularly in emerging economies. A surge in disposable income, coupled with growing awareness about the nutritional benefits of such products, has amplified market demand. Manufacturers have also played a pivotal role in driving growth by offering a variety of flavors, formulations, and fortifications to cater to different demographic groups. The rise of e-commerce platforms has further facilitated the availability of these products, expanding their reach across global markets.
However, the market faces challenges, including competition from other health and energy drink categories and concerns over added sugar content in certain formulations. To address these issues, companies are innovating with low-sugar or sugar-free variants and emphasizing clean-label and organic options. As health-conscious trends continue to dominate consumer preferences, the global malted food drinks market is poised for sustained growth, with opportunities for both established players and new entrants to capture a share of this dynamic industry.
Global Malted Food Drinks Market Recent Developments
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In April 2024, Coca-Cola built a musical instrument that purports to leverage both AI and neuroscience to simulate the experience of drinking one of its products. Through a new app called Coke SoundZ, users can create their melodies based on the sounds of cracking open and taking a sip from a bottle of Coke.
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In March 2023, Jack Daniel’s & Coca-Cola RTD, a pre-mixed, canned cocktail that first launched last fall in Mexico, is set to hit stores in the United States. The highly anticipated ready-to-drink (RTD) take on one of the world’s most requested ‘bar calls’ cocktails ordered by brand name balances the smooth character of Jack Daniel’s Tennessee Whiskey with the refreshing taste of Coca‑Cola.
Segment Analysis
The product type segment of the global malted food drinks market is classified into diastatic, nondiastatic, and cocoa-based products. Diastatic malted food drinks are widely valued for their enzymatic properties, aiding in the conversion of starches into sugars, which makes them highly suitable for baking and nutritional applications. Nondiastatic variants, on the other hand, focus on enhancing flavor without significant enzymatic activity, appealing to consumers seeking rich taste profiles. Cocoa-based malted drinks dominate this segment, leveraging their universal appeal among children and adults for their indulgent taste and compatibility with various beverages.
In terms of application, the market is segmented into drug stores, grocery stores, hypermarkets, and supermarkets. Grocery stores and hypermarkets emerge as dominant sales channels due to their extensive reach and ability to showcase diverse brands and flavors, offering consumers convenience and variety. Drug stores are gaining traction, especially in urban areas, as they increasingly stock malted drinks marketed for their nutritional and health benefits. Supermarkets serve as a critical retail platform in developed economies, emphasizing product accessibility and promotional offers to drive consumer interest.
The geographical analysis reveals that North America and Europe are significant markets for malted food drinks, driven by established consumption patterns and a focus on health and wellness. In Asia Pacific, the market experiences rapid growth due to increasing consumer awareness of nutritional supplements and the rising disposable income of middle-class populations. Emerging economies in the Middle East & Africa and Latin America are witnessing a steady uptake, fueled by urbanization and the growing popularity of Westernized dietary preferences.
Overall, the global malted food drinks market is characterized by regional variations in consumption trends and a diverse product portfolio catering to health-conscious and indulgent consumer segments. While developed regions benefit from high per capita consumption and premiumization trends, emerging markets represent substantial growth potential, with increasing product awareness and the expansion of modern retail channels.
Global Malted Food Drinks Segment Analysis
In this report, the Global Malted Food Drinks Market has been segmented by Product Type, Application and Geography.
Global Malted Food Drinks Market, Segmentation by Product Type
The Global Malted Food Drinks Market has been segmented by Product Type into Diastatic, Nondiastic, and Cocoa.
The global malted food drinks market is categorized into three primary product types: diastatic, nondiastic, and cocoa. Diastatic malted drinks contain enzymes that help break down starches into simpler sugars, offering nutritional benefits and aiding digestion. These drinks are often favored for their health-promoting properties and are widely used in both households and healthcare applications.
Nondiastic malted drinks, on the other hand, do not contain active enzymes. They are primarily consumed for their flavor and energy-boosting properties. These products cater to a broad demographic, including children and adults, as they often serve as a convenient and tasty nutritional supplement.
Cocoa-based malted drinks have gained significant popularity due to their rich flavor and versatility. They appeal to a wide consumer base and are often marketed as indulgent yet nutritious beverages. This segment continues to witness growth, driven by the increasing demand for flavored malted drinks and the rising preference for chocolate-flavored health products.
Global Malted Food Drinks Market, Segmentation by Application
The Global Malted Food Drinks Market has been segmented by Application into Drug Stores, Grocery Stores, , Hypermarkets, and Supermarkets.
The global malted food drinks market is segmented into various applications, reflecting the diverse distribution channels through which these products reach consumers. Drug stores are a key segment, as they cater to health-conscious individuals who often associate malted food drinks with nutritional benefits. These stores focus on offering products that emphasize health and wellness, appealing to customers looking for fortified beverages.
Grocery stores and hypermarkets form another crucial segment, offering convenience and variety to consumers. Grocery stores typically target local neighborhoods, making malted food drinks accessible to a wide range of customers. Hypermarkets, on the other hand, are larger retail outlets that attract bulk buyers by offering extensive product ranges and competitive pricing. These channels are popular due to their ability to meet both everyday and large-scale purchasing needs.
Supermarkets are a distinct segment that balances convenience and product diversity. They are widely frequented by families and individuals seeking trusted brands and innovative product options in malted food drinks. Supermarkets often leverage their strategic placement and promotions to attract loyal customers. These distribution channels collectively play a significant role in the market's growth by ensuring product availability across urban and rural areas.
Global Malted Food Drinks Market, Segmentation by Geography
In this report, the Global Malted Food Drinks Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Malted Food Drinks Market Share (%), by Geographical Region, 2024
The North American malted food drinks market exhibits steady growth, driven by increasing health awareness and a rising demand for nutritious beverages. The region's preference for ready-to-drink (RTD) formats and fortified drinks has propelled the market. Major players are focusing on innovative product launches, such as plant-based and sugar-free options, to cater to the health-conscious consumer base. However, the high penetration of substitute beverages like protein shakes and flavored milk poses a challenge, impacting the growth potential in this region.
Europe remains a significant market for malted food drinks, supported by a longstanding tradition of consuming malt-based beverages. The demand is particularly robust in countries like the UK, Germany, and Italy, where such drinks are popular across various age groups. Growing trends toward organic and natural products have led manufacturers to reformulate products with clean labels and natural ingredients. However, the market is slightly constrained by stringent food safety regulations and an increasing preference for plant-based protein alternatives.
The Asia-Pacific region dominates the global malted food drinks market, driven by a growing population and increasing disposable incomes in countries like India, China, and Indonesia. Malted food drinks are widely consumed as nutritional supplements, especially for children, due to their perceived health benefits. Key players in the region are capitalizing on localized flavors and targeted marketing strategies to enhance their market share. Rapid urbanization and expanding retail networks further support market growth.
Rising competition from energy drinks and other functional beverages may hinder the market's full potential.
The Middle East, Africa, and Latin America are emerging markets for malted food drinks, showing significant growth potential due to increasing health awareness and changing dietary preferences. In the Middle East, the growing trend of fortified and energy-boosting drinks aligns with the rising demand for functional beverages. In Africa, a growing young population and the introduction of affordable products are key drivers. Meanwhile, Latin America’s market benefits from the increasing popularity of RTD beverages and promotional campaigns. However, economic instability and lower consumer purchasing power in some areas may restrict market expansion.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Malted Food Drinks Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing health consciousness among consumers.
- Rising demand for fortified beverages with nutritional benefits.
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Growth in the population of children and adolescents- The rising global population of children and adolescents is a significant driver for the growth of the malted food drinks market. This demographic represents a major consumer base, as malted food drinks are often marketed as nutritious and energy-boosting beverages that support growth and development. Parents increasingly seek products fortified with essential vitamins, minerals, and proteins to ensure their children's dietary needs are met, especially in the early stages of growth. The growing awareness of balanced nutrition among parents has propelled demand for malted food drinks, which are perceived as a convenient and healthful supplement.
Urbanization and changing lifestyles have amplified the popularity of malted food drinks among children and adolescents. With the rise in nuclear families and dual-income households, there is a growing reliance on ready-to-consume beverages that are both nutritious and easy to prepare. Malted food drinks fit this requirement perfectly, offering a quick yet wholesome option to cater to children's nutritional needs. Additionally, the appeal of these drinks is enhanced through innovative flavors, attractive packaging, and endorsements by pediatricians, further driving their adoption in this age group.
The penetration of malted food drinks in emerging economies plays a critical role in their growing popularity among children and adolescents. In countries across Asia-Pacific, Africa, and Latin America, where child malnutrition is a concern, malted food drinks are increasingly positioned as affordable solutions for improving health and immunity. Government and NGO initiatives to combat malnutrition have also bolstered demand in these regions, making malted food drinks a preferred choice for households. This dynamic interplay of factors ensures sustained growth opportunities for the market, driven largely by the needs of the younger population.
Restraints:
- High cost of premium malted food drinks.
- Availability of alternative health beverages.
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Stringent regulations on food and beverage additives- Stringent regulations governing food and beverage additives significantly restrain the growth of the global malted food drinks market. Regulatory authorities, such as the FDA (Food and Drug Administration), EFSA (European Food Safety Authority), and others, enforce strict guidelines to ensure consumer safety and product quality. These regulations mandate detailed evaluations of additive safety, permissible usage levels, and labeling requirements. Manufacturers often face lengthy approval processes and additional compliance costs, making it challenging to introduce new formulations or maintain existing product lines within regulatory frameworks. This stringent oversight can limit innovation and delay market entry for products that rely on additives for flavor enhancement, fortification, or shelf-life extension.
Varying regulations across different regions add to the complexity. For instance, additives permissible in one region may be restricted or banned in another, creating hurdles for companies aiming to operate in multiple markets. These disparities require manufacturers to reformulate products or create region-specific variants, leading to increased production and operational costs. The resulting financial burden may discourage smaller or newer players from entering the malted food drinks market, consolidating the industry in favor of larger players who can afford to comply with such regulations.
Heightened consumer awareness and demand for clean-label products free from synthetic additives amplify the impact of these regulations. Many consumers now prefer malted food drinks with natural ingredients, forcing companies to reformulate or develop additive-free alternatives, which can be resource-intensive. While these trends align with consumer preferences, they also intensify the challenges associated with meeting regulatory requirements. Consequently, the dual pressure of regulatory constraints and consumer expectations acts as a restraint on the growth potential of the global malted food drinks market.
Opportunities:
- Development of innovative flavors and organic variants.
- Emerging markets in Asia-Pacific and Africa.
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Rising awareness of protein-rich diets and functional foods- The growing awareness of protein-rich diets presents a significant opportunity in the global malted food drinks market. Consumers are increasingly prioritizing health and wellness, which has driven the demand for products that deliver nutritional benefits. Protein, being essential for muscle repair, immunity, and overall health, is becoming a sought-after ingredient in daily diets. This trend is particularly prominent in regions with rising disposable incomes, where consumers are willing to invest in functional foods that cater to their dietary needs. Malted food drinks, often enriched with protein and vitamins, are uniquely positioned to capitalize on this demand as they are seen as convenient, tasty, and nutritious beverages for people across various age groups.
The functional foods trend is further bolstered by a surge in consumer interest in preventive healthcare. Functional foods, including malted drinks, are perceived as a practical way to address nutritional deficiencies and support a healthier lifestyle. For instance, malted drinks fortified with additional proteins, minerals, and probiotics appeal to health-conscious individuals looking for easy dietary solutions. The growing awareness of these benefits among parents has also driven the popularity of malted food drinks as part of children's diets, particularly in developing markets where malnutrition and growth concerns are prevalent. This aligns well with the increasing emphasis on child nutrition and overall family health, providing manufacturers an avenue to introduce targeted products.
The growing trend of fitness and wellness further creates opportunities for protein-enriched malted food drinks to tap into the adult and sports nutrition segments. Brands that innovate by combining traditional malted flavors with contemporary functional food requirements are poised to capture a significant share of this expanding market. Partnerships with fitness influencers, educational campaigns about the benefits of protein-rich diets, and product customization for specific demographics could help brands maximize their reach. By aligning their product offerings with these evolving consumer preferences, companies in the malted food drinks market can solidify their position and drive future growth
Competitive Landscape Analysis
Key players in Global Malted Food Drinks Market include:
- Nestlé S.A.
- Abbott Laboratories
- Associated British Foods Plc
- GlaxoSmithKline plc
- Mondelēz International, Inc.
- Danone S.A.
- Zydus Wellness Limited
- Cytosport Inc.
- Continental Milkose (India) Ltd.
- CTL Foods, Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Malted Food Drinks Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing health consciousness among consumers.
- Rising demand for fortified beverages with nutritional benefits.
- Growth in the population of children and adolescents
- Restraints
- High cost of premium malted food drinks.
- Availability of alternative health beverages.
- Stringent regulations on food and beverage additives
- Opportunities
- Development of innovative flavors and organic variants.
- Emerging markets in Asia-Pacific and Africa.
- Rising awareness of protein-rich diets and functional foods
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Malted Food Drinks Market, By Product Type, 2021 - 2031 (USD Million)
- Diastatic
- Nondiastic
- Cocoa
- Global Malted Food Drinks Market, By Application, 2021 - 2031 (USD Million)
- Drug Stores
- Grocery Stores
- Hypermarkets
- Supermarket
- Global Malted Food Drinks Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Malted Food Drinks Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Nestlé S.A.
- Abbott Laboratories
- Associated British Foods Plc
- GlaxoSmithKline plc
- Mondelēz International, Inc.
- Danone S.A.
- Zydus Wellness Limited
- Cytosport Inc.
- Continental Milkose (India) Ltd.
- CTL Foods, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market