Non Alcoholic Malt Beverages Market Size 2024 to 2031.

Market Overview and Report Coverage

Non-alcoholic malt beverages are beverages that are brewed similar to traditional malt beverages but have undergone a process to remove the alcohol content. The primary ingredients in non-alcoholic malt beverages are malt, hops, water, and yeast. Market research has indicated that the demand for non-alcoholic malt beverages is increasing due to rising health consciousness among consumers, a growing trend towards alcohol-free alternatives, and increasing disposable income.
The future outlook for the non-alcoholic malt beverages market is positive, with growth expected at a CAGR of 10.50% during the forecasted period. This growth is driven by changing consumer preferences towards healthier options, a rising trend of social responsibility towards responsible drinking, and increasing awareness about the harmful effects of excessive alcohol consumption. With a growing market for non-alcoholic options and an increasing number of new product launches, the non-alcoholic malt beverages market is poised for continued expansion in the coming years.
In conclusion, the non-alcoholic malt beverages market is expected to experience significant growth in the future, driven by changing consumer preferences and increasing awareness about health and wellness. The market is set to expand at a steady pace, offering ample opportunities for manufacturers and retailers to capitalize on the growing demand for non-alcoholic malt beverages.

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Market Segmentation
The Non Alcoholic Malt Beverages Market Analysis by types is segmented into:
• Dairy-based
• Carbonated & Soda Drinks

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Non-alcoholic malt beverages can be categorized into dairy-based, carbonated, and soda drinks. Dairy-based malt beverages are made with milk or cream, giving them a rich and creamy texture. Carbonated malt beverages contain carbonation for a bubbly and refreshing taste. Soda drinks are flavored malt beverages that are sweetened and often fruit-flavored. Each type appeals to different consumer preferences, with dairy-based beverages catering to those looking for a creamy indulgence, carbonated drinks appealing to those seeking a fizzy drink, and soda drinks offering a sweet and fruity option.

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The Non Alcoholic Malt Beverages Market Industry Research by Application is segmented into:
• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Stores
• Online Retails

Non-alcoholic malt beverages are popular in hypermarkets/supermarkets, convenience stores, specialty stores, and online retail markets. They are widely available in hypermarkets and supermarkets due to their high demand and wide consumer base. Convenience stores offer a quick and easy option for purchasing these beverages on the go. Specialty stores cater to niche markets looking for unique flavors and varieties. Online retail markets provide a convenient platform for consumers to order non-alcoholic malt beverages from the comfort of their own homes.

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In terms of Region, the Non Alcoholic Malt Beverages Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Non Alcoholic Malt Beverages market?
The global non-alcoholic malt beverages market is witnessing several emerging trends including the rising demand for healthier beverage options, increasing popularity of craft and artisanal malt beverages, growing trend of non-alcoholic alternatives among millennials and Gen Z consumers, and the introduction of innovative flavors and packaging formats. Additionally, there is a growing focus on sustainability and eco-friendly practices in the production and packaging of non-alcoholic malt beverages. With a shift towards healthier living and increased awareness about the harmful effects of alcohol consumption, the market is expected to continue growing and evolving to meet consumer preferences.

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Major Market Players
Asahi Breweries is a leading player in the non-alcoholic malt beverages market, with a strong presence in Japan and globally. The company has a long history dating back to 1889 and has grown steadily over the years to become one of the largest beverage companies in the world. Asahi Breweries has diversified its product portfolio to include a variety of non-alcoholic malt beverages, catering to the growing demand for healthier beverage options.
Suntory Holdings is another key player in the non-alcoholic malt beverages market, with a focus on innovation and sustainability. The company has a history spanning over a century and has developed a strong presence in the Asian market. Suntory Holdings has been investing in research and development to create unique and flavorful non-alcoholic malt beverages, driving market growth and consumer interest.
Nestle, a multinational food and beverage company, has also made significant strides in the non-alcoholic malt beverages market with its innovative product offerings. The company has a strong presence globally and leverages its marketing and distribution networks to reach a wide consumer base. Nestle's commitment to quality and sustainability has contributed to its market growth and success in the non-alcoholic malt beverages segment.
In terms of sales revenue, Asahi Breweries reported a revenue of $19.8 billion in 2020, while Suntory Holdings recorded sales revenue of $21.7 billion in the same year. Nestle reported a total revenue of $87.1 billion in 2020, highlighting the strong market presence and growth potential of these key players in the non-alcoholic malt beverages market.

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