Increasing demand by a booming younger population for alternatives to conventional alcoholic beverages, with natural ingredients and flavors is anticipated to boost the demand for the high-strength RTD malt beverages market. Revenues arising from the high-strength RTD malt beverages market are expected to grow at a CAGR of more than 6% through 2026. These insights have been extracted from the report titled "Global Market Study on High-Strength RTD Malt Beverages: Novel Flavor Options and Premium Placement on Retail Shelves to Accelerate Consumption in the Near Future" that was recently included in the big repository of the Market Research Reports Search Engine (MRRSE).
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High-strength RTD malt beverages with natural flavors and cocktail flavors are anticipated to see a high rate of growth, owing to decreasing interest in synthetic ingredients. Apple flavored, high-strength RTD malt beverages are expected to dominate the market through the forecast period, especially among female consumers.
North America is expected to continue as market leader in the near future, owing to a well-established consumer base and distribution system. On the other hand, high-strength RTD malt beverages have only recently started to find a place in new markets of Australia, France, China and others.
Major market players are focusing on enhanced printing technologies to achieve attractive packaging to gain a stronger consumer base, and sales through super markets, discount stores, convenience stores, and retail stores.
High-strength RTD Malt Beverages Market: Report Overview
This elaborate report provides readers with complete forecast & analysis at regional and global levels on high-strength RTD malt beverages, in terms of value (US$ Mn) and volume (Liters), for the period of forecast 2018 to 2026. An assessment of vital market dynamics, along with drivers, opportunities, constraints, and trends that are expected to affect the demand for high-strength RTD malt beverages have been studied in the report.
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A competitiveness analysis on the high-strength RTD malt beverages market has been provided in the report, and it helps in gaining a better understanding of the current and near future situation among key market players. A comprehensive market attractiveness analysis has also been added to assess the market participants based on factors such as market size, general attractiveness, and growth rate.
High-strength RTD Malt Beverages Market: Research Methodology
Primary and secondary research has been used widely to gain reliable information on the high-strength RTD malt beverages market. This includes elaborate face-to-face and telephonic discussions with numerous industry experts and opinion leaders to achieve useful insights into aspects such as market size, market trends, growth rates and competitive scenario. Primary research forms the bulk of the efforts in research, which has been validated with extensive secondary research.
Leading and emerging market players for high-strength RTD malt beverages have been assessed in detail, and data sources such as press releases and annual reports along with other relevant documents such as market reports and government publications have been assessed for studying the market’s landscape. The research approach and methodologies used here are regarded to be highly effective in extracting actionable insights on the market data, activities of market participants and latent business opportunities.
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