Published on : Feb 04, 2019
Albany, New York, February 4, 2019: The market for non-alcoholic malt beverages is likely to remain agile with growing aversion for alcoholic drinks amongst health conscious populace. Teeming preferences for safe labelling and organic products amongst health enthusiast have largely influenced consumption of non-alcoholic malt beverages and the trend is likely to continue in the coming years. In its bid to evaluate recent market advances Market Research Hub (MRH) has pinned a new research report titled, 'Non-Alcoholic Malt Beverages Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028' to its burgeoning online data archive.
Fortification of Malt Beverages Remains Crucial Strategy to Entice Adoption
To tap lurking opportunities in non-alcoholic beverages space, leading vendors are akin on introducing variation to entice greater adoption. Flavor inclusion comprising natural and classic flavors has enormously favored growth in recent years. Additionally, certification such as halal certification has also maneuvered adoption across regions such as Middle East and Africa owing to dominant Muslim population. Additionally product enhancements in terms of nutrient fortification is also likely to encourage adoption across regions irrespective of religious sentiments and age diversity.
In a recent development, United Breweries has set afoot in non-alcoholic malt beverages market with the addition of Kingfisher Radler in India. The development is aimed to cater to a large number of health conscious individuals who refrain alcohol consumption. The development also aids United Breweries objective of massive geographic presence in emerging economies such as India which holds immense growth potential in non-alcoholic malt beverages space.
This detailed report on non-alcoholic malt beverages market assesses the market at both global and regional level in terms of both historical and prevailing revenue figures to derive precise market forecasts. In its bid to offer readers with decisive insights on market spectrum, thereby maneuvering their investment discretion. The report begins with a detailed overview of market spectrum encompassing market definition and dynamics such as drivers, restraints, and challenges that shape growth.
The report also entails unbiased information about prevalent market segments such as product type, flavor type, packaging type, and distribution channel. In terms of product non-alcoholic malt beverages market is classified into dairy-based, carbonated and soda drinks. In terms of flavor, the market is further splintered into several fruit flavors such as apple, peach, berry, pomegranate, mixed fruit, besides cocoa.
Middle East and Africa to Retain Lucrative Opportunities through Forecast Span
Further in the report readers are also presented with veritable insights on regional scope and geographical diversity based on which Europe, North America, Latin America, Middle East and Africa, and Asia-Pacific are identified as core regional hubs.
Competition Spectrum: Non-alcoholic Malt Beverages Market
In its trailing sections the report houses veritable details on leading market competitors. Besides including details on each of the profiles, this section of the report also lends insightful details on winning marketing strategies of each of the profiles along with their recent developments such as new product launch, company buyouts and strategic coalition. A thorough analytical review of these strategies by market players allow them to fabricate lucrative business deals thereby ensuring a sustainable lead amidst stiffening competition spectrum.
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