Tonic Water Market: Global Industry Analysis and Forecast (2021-2027) by Product, Distribution Channel, Packaging and Region.

Tonic Water Market size was valued at US$ 2.23 Bn. in 2020 and the total revenue is expected to grow at 7.7 % through 2021 to 2027, reaching nearly US$ 3.75 Bn.

Tonic Water Market Overview:

Tonic water is a soft drink, a flavored syrup mixed with carbonated water. Its ingredients vary by brand. Tonic water is generally used as a drink mixer for cocktails, especially gin and tonic. Quinine in tonic water's defining ingredient and the reason it glows under a black light. Tonic water is also used as a healthy drink across the globe, due to the presence of quinine substance, which is a medication used for treating malaria and babesiosis. Tonic water contains 83 mg of quinine per liter with exceptional medicinal effects. Tonic Water Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Tonic Water Market Dynamics:

Rising intake of alcoholic beverages and strong preference of the consumers and established a strong preference for first-class spirits and are willing to spend money is driving the market growth of the market. Consumer preference for premium ranges of mixers has gained traction due to the established preference for premium alcohols. The emerging trend of the cocktail has driven the market growth of tonic water. Bartenders are gradually mixing tonic water in top-tier spirits. Rapid urbanization, increasing income growth, rise in the middle class have increased consumption of alcoholic beverages and driven the tonic water market. The availability of different variants and the increased popularity of social media & the internet are driving the demand for tonic water. The increasing quantity of pubs, bars, and breweries serving alcoholic beverages has increased broadly due to the demand created by young consumers, competitive pricing. This factor has led to an increase in the consumption of spirits, thereby driving the growth of tonic water. Diet tonic water is gaining acceptance by consumers owing to its lesser sugar content, diet variants that contain fewer calories or carbohydrates. Companies are introducing new naturally flavored water according to consumer preferences and tastes. These factors are driving the market growth of tonic water. Market trends and challenges are analyzed and compiled in the report. The data of 2020 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2016 to 2019 with market forecast until 2027.

Tonic Water Market Segment Analysis:

By Product, Regular tonic water dominated the market with market share of 70 % in 2020. It has added sugar and a wide range of flavors and the availability are the factors driving the market growth of tonic water. Diet tonic water is expected to grow at a CAGR of 8.6 % through the forecast period. Increasing low-calorie products and sugar-free products popularity is expected to drive the market growth. Introduction of a wide range and adoption of a healthy lifestyle, artificial sweeteners which offer sweet taste without sugar are the factors expected to drive the market growth through the forecast period. Tonic Water Market By Distribution Channel, Hypermarket and supermarket dominated the market with market share of 51 % in 2020. Hypermarkets and Supermarkets have maximum penetration, increased consumer engagement and availability of a wide range of tonic water are the factors driving the market growth. The online segment is expected to grow at a CAGR of 12 % through the forecast period. Increasing penetration of smartphones, E-commerce offering heavy discounts, home delivery, and Giants offering products online through websites or e-commerce are the factors expected to drive the market growth through the forecast period. Tonic Water Market By Packaging, Bottles dominated the market with a 53 % share in 2020. It has been the most used and traditional means. Bottles have availability in different sizes, materials. Glass bottles have gained popularity. These factors are driving the market growth of the segment. Cans are expected to grow at a CAGR of 3.6 % through the forecast period. The high recyclability of cans and small size, multi-pack packaging formats are the factors expected to drive the market through the forecast period. Tonic Water Market

Tonic Water Market Regional Insights:

The North American region dominated the market with a 38 % share in 2020. The region is one of the largest consumers of gin which is driving the growth of tonic water. The mixing of tonic water in alcoholic beverages is prominent in this region. The increasing trends of drinking in youth and the rise in clubs are factors driving the market growth of the tonic water market. Asia Pacific is expected to grow at a CAGR of 8 % through the forecast period. The consumption of several types of spirits such as gin, whiskey, vodka, and rum has been progressively increasing in countries like India, China, and Indonesia. The rise in the consumption of different types of alcohol is driving the demand for tonic water in the region. These factors are expected to drive the market growth through the forecast period. Tonic Water MarketThe objective of the report is to present a comprehensive analysis of the Tonic Water market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Tonic Water market dynamics, structure by analyzing the market segments and projecting the Tonic Water market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Tonic Water market make the report investor’s guide.

Tonic Water Market Scope: Inquire before buying

Tonic Water Market

Tonic Water Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Tonic Water Market Key Players

FENTIMANS • Fever-Tree • Keurig Dr. Pepper • Q MIXERS • THE COCA-COLA COMPANY • White Rock Products Corporation • Zevia • Asahi Group Holdings, Ltd. • Hansen Beverage • Bradleys Tonic Co. • DR. PEPPER SNAPPLE • EAST IMPERIAL • FRANKLIN & SONS LTD. • LONDON ESSENCE COMPANY • THOMAS HENRY GMBH & CO. KG 1] What segments are covered in the Tonic Water Market report? Ans. The segments covered in the Tonic Water Market report are based on Product, Distribution Channel, and Packaging. 2] Which region is expected to hold the highest share in the Tonic Water Market? Ans. Asia Pacific Region is expected to hold the highest share in the Tonic Water Market. 3] What is the market size of the Tonic Water Market by 2027? Ans. The market size of the Tonic Water Market by 2027 is US $ 3.75 Bn. 4] Who are the top key players in the Tonic Water Market? Ans. FENTIMANS, Fever-Tree, Keurig Dr. Pepper, Q MIXERS, THE COCA-COLA COMPANY, White Rock Products Corporation, Zevia, Asahi Group Holdings, Ltd., Hansen Beverage, Bradleys Tonic Co., DR. PEPPER SNAPPLE, EAST IMPERIAL, FRANKLIN & SONS LTD., LONDON ESSENCE COMPANY, THOMAS HENRY GMBH & CO. KG. 5] What was the market size of the Tonic Water Market in 2020? Ans. The market size of the Tonic Water Market in 2020 was US $ 2.23 Bn.
1. Global Tonic Water Market: Research Methodology 2. Global Tonic Water Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Tonic Water Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Tonic Water Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Tonic Water Market Segmentation 4.1. Global Tonic Water Market, by Product (2020-2027) • Regular • Diet 4.2. Global Tonic Water Market, by Distribution Channel (2020-2027) • Hypermarkets and Supermarkets • Online • Others 4.3. Global Tonic Water Market, by Packaging (2020-2027) • Bottles • Cans 5. North America Tonic Water Market(2020-2027) 5.1. Global Tonic Water Market, by Product (2020-2027) • Regular • Diet 5.2. Global Tonic Water Market, by Distribution Channel (2020-2027) • Hypermarkets and Supermarkets • Online • Others 5.3. Global Tonic Water Market, by Packaging (2020-2027) • Bottles • Cans 5.4. North America Tonic Water Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Tonic Water Market (2020-2027) 6.1. European Tonic Water Market, by Product (2020-2027) 6.2. European Tonic Water Market, by Distribution Channel (2020-2027) 6.3. European Tonic Water Market, by Packaging (2020-2027) 6.4. European Tonic Water Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Tonic Water Market (2020-2027) 7.1. Asia Pacific Tonic Water Market, by Product (2020-2027) 7.2. Asia Pacific Tonic Water Market, by Distribution Channel (2020-2027) 7.3. Asia Pacific Tonic Water Market, by Packaging (2020-2027) 7.4. Asia Pacific Tonic Water Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Tonic Water Market (2020-2027) 8.1. Middle East and Africa Tonic Water Market, by Product (2020-2027) 8.2. Middle East and Africa Tonic Water Market, by Distribution Channel (2020-2027) 8.3. Middle East and Africa Tonic Water Market, by Packaging (2020-2027) 8.4. Middle East and Africa Tonic Water Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Tonic Water Market (2020-2027) 9.1. Latin America Tonic Water Market, by Product (2020-2027) 9.2. Latin America Tonic Water Market, by Distribution Channel (2020-2027) 9.3. Latin America Tonic Water Market, by Packaging (2020-2027) 9.4. Latin America Tonic Water Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Fentimans 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Fever-Tree 10.3. Keurig Dr. Pepper 10.4. Q MIXERS 10.5. THE COCA-COLA COMPANY 10.6. White Rock Products Corporation 10.7. Zevia 10.8. Asahi Group Holdings, Ltd. 10.9. Hansen Beverage 10.10. Bradleys Tonic Co. 10.11. DR. PEPPER SNAPPLE 10.12. EAST IMPERIAL 10.13. FRANKLIN & SONS LTD. 10.14. LONDON ESSENCE COMPANY 10.15. THOMAS HENRY GMBH & CO. KG

About This Report

Report ID88948
Category Consumer Goods & Services
Published DateMarch 2021
Updated DateOct 2021
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