The Rise of Malt Drinks Without Alcohol
This drink is called non-alcoholic because it contains less than 0.5% alcohol obtained by fermentation of grains. Several notable players in this market include Nestle S.A., United Dutch Breweries B.V., Ceres Brewery, among others. This emerging trend has propelled the growth of this market. GMI Research, a research firm, mentioned in their non-alcoholic malt beverages market forecast that the market will grow at 3.8% CAGR from 2020 to 2027. The firm also noted that it is estimated to reach 29,128 million by 2027.
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