The premixed bottled cocktails market is projected to reach a valuation of USD 21 billion in 2023, with expectations to grow to USD 68 billion by 2033. The market is anticipated to expand at a CAGR of 12.5% over the forecast period.
Factors driving the increased demand for premixed bottled cocktails include:
Growing demand for ready-to-drink cocktails
Rising demand for convenience food products
Growing consumer preference for healthy drinks with low alcohol content
Rising adoption and consumption of premixed cocktails
The premixed bottled cocktail market is expected to be fueled by evolving global beverage trends, ongoing market developments, and research and development efforts by leading companies in the food and beverage sector, contributing to industry growth. Rising consumption of flavored drinks and a growing preference for ready-to-drink products, driven by busy lifestyles and demanding work schedules, are anticipated to boost product demand in the coming years.
The North American market is expected to experience significant growth during the forecast period, driven by the rising popularity of flavored ready-to-drink cocktails in the USA, Canada, and Mexico. This trend is anticipated to boost demand for premixed bottled cocktails in the region.
In 2023, the Asia Pacific region held a substantial share of the global premixed bottled cocktail market. This market is projected to grow at a moderate rate over the forecast period, fueled by increasing demand for convenience products in China, South Korea, Japan, India, and other South Asian countries, which is expected to drive sales of premixed bottled cocktails.
Competitive Landscape
Key market players are focused on manufacturing premixed bottled cocktails to increase their market share. Both domestic and international companies are investing in and leveraging advanced technology to expand their operations and secure a substantial portion of the market revenue.
Global Premix Bottled Cocktails: Key Players
Some of the key players manufacturing premix bottled cocktails are as follows –
- Hub Punch
- Courage+Stone
- Campari Bottled Negroni
- Crafthouse Cocktails
- Watershed Distillery
- Hochstadter’s Slow & Low
- Empower
- Belmonti Bellinis
- Austin Cocktails
- Wandering Barman
- Siponey
- Amor y Amargo
- Drnxmyth
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The Report Covers Exhaustive Analysis on
- Premix bottled cocktails market segment
- Premix bottled cocktails market dynamics
- Premix bottled cocktails market size
- Premix bottled cocktails supply and demand
- Current trends/issues/challenges pertaining to premix bottled cocktails market
- Competition landscape and emerging market participants in premix bottled cocktails market
- Technology related to production/processing of premix bottled cocktails
- Value chain analysis of the premix bottled cocktails market
Regional Analysis
- North America (USA, Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, United Kingdom, France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
Global Premix Bottled Cocktails: Market Segmentation
Primary Ingredient:
- Malt-based
- Wine-based
- Spirit-based
- Others
Additive Ingredient:
- Alcoholic
- Non-alcoholic
Bottle Size:
- Less than 250 ml
- 250-350 ml
- More than 350 ml
Alcohol Content:
- Less than 5%
- 5-8%
- More than 8%
Sales Channel:
- Liquor Store
- Hypermarket/Supermarket
- Convenience Store
- Online Retail
- Others
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