Tonic Water Market to Exhibit an Incredible Growth of USD 1374.37 million by 2029, Size, Share, Trends, Key Drivers, Demand and Opportunity Analysis
“ Tonic Water Market report consists of an important data that provides future forecast and detailed analysis on a global and regional level. This report gives details and comprehensive data of market definition, classifications, applications, engagements, market drivers and market restraints all of which are acquired from SWOT analysis. Analysis and discussion of major industry trends, market size, sales volume, and market share is also described in this market report. Choosing market research report is very essential for the business growth as it helps with the better decision making, enhancing revenue generation, prioritizing market goals and results in profitable business.
Tonic Water Market research report is a great resource that makes available current as well as upcoming technical and financial details of the Tonic Water Market industry for a certain forecast period. This market report offers the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2023-2030. In this report; a systematic investment analysis has been performed which forecasts impending opportunities for the market players. The report is a meticulous analysis of existing scenario of the market, which covers several market dynamics. A wide ranging Tonic Water Market report endows with the plentiful insights and business solutions that will support to stay ahead of the competition.
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Tonic Water Market Analysis and Size
Market Analysis and Size
Customers have established a strong taste for premium spirits and are willing to spend money on creative goods with distinct qualities and a rich history. As a result, premium-priced mixers are becoming increasingly popular. Because bartenders are gradually mixing premium tonic water in top-tier spirit brands, the resurgence of the cocktail trend in emerging economies has boosted growth for the super-premium category.
Data Bridge Market Research analyses that the tonic water market was valued at USD 805.9 million in 2021 and is expected to reach the value of USD 1374.37 million by 2029, at a CAGR of 6.90% during the forecast period of 2022 to 2029.
Some of the major players operating in the tonic water market are:
- PepsiCo (US)
- Nestlé, A.G. (Switzerland)
- The Coca-Cola Company. (US)
- CG Roxane, LLC (US)
- Tempo Beverage Ltd (Israel)
- Keurig Dr Pepper Inc. (US)
- Dr Pepper/Seven Up, Inc (US)
- Ferrarelle (Italy)
- SANPELLEGRINO (Italy)
- Reignwood Investments UK Ltd (UK)
- LaCroix Beverages, Inc. (US)
- GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany)
- Mountain Valley Spring Water (US)
Market Definition
Tonic water, is a carbonated beverage that was originally consumed as a malaria preventative drink. It is made from the cinchona tree bark and contains a small amount of quinine to make it more appealing and having medicinal property.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 – 2014) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | Product Type (Flavored, Non-Flavored Drinks, Others), Application (Alcoholic Drinks, Direct Consumption), Content (Regular, Diet), Distribution Channel (Supermarket, Retail Stores) |
| Countries Covered | U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America |
| Market Players Covered | PepsiCo (US), Nestlé, A.G. (Switzerland), The Coca-Cola Company. (US), CG Roxane, LLC (US), Tempo Beverage Ltd (Israel), Keurig Dr Pepper Inc. (US), Dr Pepper/Seven Up, Inc (US), Ferrarelle (Italy), SANPELLEGRINO (Italy), Reignwood Investments UK Ltd (UK), LaCroix Beverages, Inc. (US), GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany), and Mountain Valley Spring Water (US) |
| Opportunities |
|
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Recent Development
- Fentimans will introduce a new 200ml mixers and tonic range in May 2021. The new 200ml mixer range, which includes Tonic Water as well as Fentimans’ iconic Ginger Beer and Rose Lemonade, will be made using Fentimans’ 100-year-old artisanal technique. Fentimans’ versatile range of coloured and flavoured tonics, suitable for pairing with a wide range of spirit categories, is also included.
- Love Tonic, a new mixer brand in the United Kingdom, launched a quinine-free tonic water suitable for blending with gin, vodka, tequila, whisky, or rum in February 2020.
Global Tonic Water Market Scope
The tonic water market is segmented on the basis of product type, application, content & distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Flavoured
- Non-Flavoured Drinks
- Others
Content
- Regular
- Diet
Application
- Alcoholic Drinks
- Direct Consumption
Distribution channel
- Supermarket
- Retail Stores
Key Highlights of the Tonic Water MarketOffering:
- Comprehensive Tonic Water Market Overview: A detailed overview of the market, providing a comprehensive understanding of its key aspects.
- Changes in Tonic Water Market Dynamics: Analysis of the evolving dynamics within the industry, including factors that impact the market’s growth and development.
- Detailed Tonic Water Market Segmentation: In-depth segmentation of the market based on various factors such as type, application, and more, allowing for a deeper understanding of different market segments.
- Historical, Current, and Projected Market Size: Examination of the historical, current, and projected market size in terms of both quantity and value, providing valuable insights into market trends and growth patterns.
- Recent Industry Trends and Developments: Exploration of the latest trends and developments in the industry, enabling businesses to stay updated and make informed decisions.
- Competitive Landscape: Assessment of the competitive scenario in the Tonic Water Market, including key players and their product strategies, empowering businesses to strategize effectively and gain a competitive edge.
- Potential Niche Segments/Regions: Identification of niche segments or regions showing promising growth potential, allowing businesses to explore new opportunities.
In conclusion, this Tonic Water Market Report serves as an authoritative source for Tonic Water Market research that can greatly accelerate your business. It provides valuable insights into economic conditions, major locations, product values, profits, production capacities, supply-demand dynamics, market growth rates, and numerical data.
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