The Latin America, Middle East and Africa Cocktail Mixers Market would witness market growth of 10.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Cocktail Mixers Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $417.6 million by 2031. The Argentina market is experiencing a CAGR of 10.7% during (2024 - 2031). Additionally, The UAE market would exhibit a CAGR of 8.9% during (2024 - 2031).
Cocktail mixers are non-alcoholic ingredients used to prepare mixed drinks and cocktails. They play a crucial role in enhancing cocktails' flavor, texture, and appearance, allowing for a wide range of taste profiles and creative combinations. It can vary significantly in terms of their ingredients and usage, and they are an essential component in both professional bartending and home mixology.
The market has been experiencing an impressive surge, driven by various cultural, economic, and social factors. As consumer tastes evolve and diversify, the demand for a wide range of cocktail mixers has grown exponentially. This market encompasses many products that enhance the drinking experience, from traditional soda and tonic waters to innovative and artisanal blends. The growing interest in mixology at a professional level and among home enthusiasts is at the forefront of this market’s expansion, reflecting broader trends in lifestyle, entertainment, and consumer behavior.
Changing social norms in Saudi Arabia also contribute to the rising demand for cocktail mixers. In recent years, the country has shifted towards a more liberal and open society, with an increasing number of young Saudis embracing Western lifestyle trends. This has led to a growing interest in cocktails and mixology, driving the demand for various mixers in the country. Therefore, these developments will drive the growth of the regional market throughout the forecast period.
Free Valuable Insights: The Worldwide Cocktail Mixers Market is Projected to reach USD 18.9 Billion by 2031, at a CAGR of 7.8%
Based on Distribution Channel, the market is segmented into On-trade, and Off-trade. Based on Product, the market is segmented into Tonic Water, Club Soda, Ginger Ale, Ginger Beer, and Others. Based on Packaging Type, the market is segmented into 1L PET, Cans, Glass, 10oz., and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Egypt, South Africa, Nigeria, and Rest of LAMEA.
By Distribution Channel
By Product
By Packaging Type
By Country
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