Asia Pacific Cocktail Mixers Market

Asia Pacific Cocktail Mixers Market Size, Share & Industry Trends Analysis Report By Product (Tonic Water, Club Soda, Ginger), By Distribution Channel (On-trade and Off-trade), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-10047 Publication Date: July-2022 Number of Pages: 65
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Market Report Description

The Asia Pacific Cocktail Mixers Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).

Added or dissolved minerals like potassium bicarbonate, sodium bicarbonate, sodium citrate, or potassium sulfate are found in effervescent mineral water, club soda, and some other sparkling waters. These are typically added artificially to produced waters to imitate a natural flavor profile and counteract the acidity of adding carbon dioxide gas. They do occur naturally in some mineral waters. In addition to being sold in bottles and cans, various carbonated waters can also be created at home with a carbon dioxide cartridge or on-demand in bars and restaurants.

Due to their growing popularity, consumers' preferences for cocktail drinks with different flavors and tastes are growing, which is speeding market expansion. Additionally, millennials and young working professionals are favoring drink flavor above alcohol content, which is driving the industry's expansion. Additionally, customers have started to transition to low-alcohol cocktails as they have grown more health concerned, propelling the sector.

Additionally, cocktails offer a wide variety of options for consumers in terms of both healthy and creative items, such as drinks infused with beneficial ingredients like ginger, quinine, or lavender that are anticipated to spur market growth.

Tonic water or cocktail mixers, however, have a long history in India. The Indian army was given an unpleasant medication called quinine by the British in the 19th century in India to assist them to combat malaria. However, because of the powder's unpleasant flavor, the soldiers began combining it with soda, water, and sugar. And so Indian tonic water was created in this manner. The practice of flavored mixers, which until recently was primarily limited to clubs and restaurants, began when some soldiers gradually started adding a sip of gin or whiskey to the mixture.

The China market dominated the Asia Pacific Cocktail Mixers Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,154 Million by 2028. The Japan market is estimated to grow a CAGR of 8.1% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.4% during (2022 - 2028).

Based on Product, the market is segmented into Tonic Water, Club Soda, Ginger, and Others. Based on Distribution Channel, the market is segmented into On-trade and Off-trade. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Cocktail Mixers Market is Projected to reach USD 14.6 Billion by 2028, at a CAGR of 8.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fever-Tree Drinks PLC, The Coca Cola Company, Keurig Dr Pepper, Inc., Britvic PLC, Fentimans Ltd., White Rock Products Corporation, Three Cents Ltd, Thomas Henry GmbH, East Imperial Beverages Corporation, and Round The Cocktails Private Limited (Bartisans).

Scope of the Study

Market Segments Covered in the Report:

By Product

  • Tonic Water
  • Club Soda
  • Ginger
  • Others

By Distribution Channel

  • On-trade
  • Off-trade

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Fever-Tree Drinks PLC
  • The Coca Cola Company
  • Keurig Dr Pepper, Inc.
  • Britvic PLC
  • Fentimans Ltd.
  • White Rock Products Corporation
  • Three Cents Ltd
  • Thomas Henry GmbH
  • East Imperial Beverages Corporation
  • Round The Cocktails Private Limited (Bartisans)
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