Tonic Water Market Size, Growth, Opportunity and Forecast 2021-2026: IMARC Group
According to the latest report by IMARC Group, titled “Tonic Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026. offers a comprehensive analysis of the industry, which comprises insights on Tonic Water Market Share.
The global market reached a value of US$1,846 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.1% during 2021-2026.
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Tonic Water Market Trends/Drivers:
The rising popularity of the cocktail trend is one of the key factors driving the tonic water market. In addition to this, the increasing consumption of various alcoholic beverages, in particular premium spirits, is further stimulating the market growth. Moreover, the elevating number of bars, pubs, breweries, etc., across the globe is acting as another significant growth-inducing factor. Apart from this, the sudden outbreak of the COVID-19 pandemic is propelling the demand for online sales of tonic water. Furthermore, the launch of new and novel product variants, such as low-sugar or sugar-free drinks, to cater to the shifting preferences and tastes of health-conscious consumers is augmenting the global market. In line with this, the inflating consumption of diet tonic water is expected to stimulate the tonic water market in the coming years.
Competitive Landscape:
- Bradley’s Tonic Co
- East Imperial Beverage Corporation
- El Guapo Bitters
- Fentimans Ltd
- Fevertree Drinks plc
- Franklin & Sons Ltd
- Keurig Dr Pepper Inc.
- Q Tonic LLC
- The Coca-Cola Company
- The London Essence Company
- White Rock Products Corporation
Breakup by Flavor:
- Plain Tonic Water
- Flavored Tonic Water
Breakup by Packaging Form:
- Bottles
- Cans
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
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Key highlights of the report:
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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