The Cocktail Mixers Market is Predict to reach USD 18.9 Billion by 2031, at a CAGR of 7.8%

Cocktail Mixers Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cocktail Mixers Market size is expected to reach $18.9 billion by 2031, rising at a market growth of 7.8% CAGR during the forecast period.

The On-trade segment is registering a CAGR of 7.4% during (2024 - 2031). The on-trade segment offers consumers a unique and immersive experience, allowing them to enjoy cocktails prepared by professional bartenders in a social setting. The establishment's ambiance and atmosphere frequently contribute to the enhancement of this experience, which renders it a favored option for social gatherings and noteworthy events. On-trade establishments often focus on offering high-quality and premium products, including cocktail mixers.

The Tonic Water segment is leading the Global Cocktail Mixers Market by Product in 2023; thereby, achieving a market value of $7.6 billion by 2031. Demand for tonic water has increased significantly in recent years due to a number of significant factors. An important factor propelling the market is the rising demand for gin & tonic (G&T) cocktails. The surge in craft distilleries and the emergence of novel and inventive gin flavors have contributed to the gin craze, which has consequently caused a corresponding surge in tonic water consumption. Tonic water is an essential component of a traditional G&T, and its demand has increased in tandem with the rising interest in craft cocktails.

The Cans segment is experiencing a CAGR of 7.6% during (2024 - 2031). Cans are convenient for consumers, as they are portable and easy to open. They are single-use and do not require resealing, which can be beneficial for on-the-go consumption. Moreover, cans are often associated with convenience and a casual drinking experience. They can convey a different brand image compared to PET packaging, depending on the target market.

Full Report: https://www.kbvresearch.com/cocktail-mixers-market/

The Europe region dominated the Global Cocktail Mixers Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6.6 billion by 2031. The North America region is anticipating a CAGR of 7.5% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 8.4% during (2024 - 2031).

List of Key Companies Profiled

• Fever-Tree Drinks PLC
• The Coca Cola Company
• Keurig Dr Pepper, Inc.
• Britvic PLC
• Fentimans Ltd.
• White Rock Products Corporation
• Zevia, LLC
• Thomas Henry GmbH
• East Imperial Beverages Corporation
• PepsiCo, Inc.

Cocktail Mixers Market Report Segmentation

By Distribution Channel

• On-trade
• Off-trade

By Product

• Tonic Water
• Club Soda
• Ginger Ale
• Ginger Beer
• Others

By Packaging Type

• 1L PET
• Cans
• Glass
• 10oz.
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Egypt
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Cocktail Mixers Market Size | Forecast - 2031

• May-2024
• 112 Pages

LAMEA Cocktail Mixers Market Size | Industry Research 2031

• May-2024
• 121 Pages

Europe Cocktail Mixers Market Size & Growth Analysis - 2031

• May-2024
• 123 Pages

Asia Pacific Cocktail Mixers Market Size | Data Set - 2031

• May-2024
• 123 Pages