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Cocktail Market : In-Depth Analysis of Current Research, Growth, Opportunities and Forecast to 2026

06-13-2019 11:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Cocktail Market

Cocktail Market

Cocktail refers to an alcoholic drink, which consists gin, brandy, vodka, whiskey, tequila, or rum mixed with other ingredients such as fruit juice, cream, honey, milk, sugar, herbs, or other flavorings.

Increase in cocktail consumption owing to rise in disposable income and change in lifestyle drives the growth of the market. In addition, availability of vegetable & botanical cocktails is the major driver of the global cocktail market. Moreover, higher cocktail consumption rate and more deep-rooted cocktail culture in countries such as the U.S. are expected to provide growth opportunity to the market players. However, excessive drinking can cause liver & heart damage, cancer development, and depression. This factor restrains the growth of the global market.

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Major Players are:
• Bols
• Captain Morgan
• kitchn
• Siam Winery Co. Ltd.
• Cointreau
• Belvedere
• Rio Wine
• Snake Oil Cocktail Company
• Miami Cocktail Co.
• Bombay Sapphire.

The global cocktail market is segmented based on type, application, and geography. On the basis of type, the market is divided into long drink and short drink. By application, it is categorized into wedding ceremony, backyard BBQ, cocktail party, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits
• This report provides an extensive analysis of the current & emerging market trends and dynamics of the global cocktail market.
• In-depth analysis of all regions is conducted by constructing the market estimations for key segments from 2017 to 2023 to identify the prevailing opportunities.
• The report assists to understand the strategies adopted by the companies for market expansion.
• Evaluation of the competitive landscape is provided to understand the market scenario across various regions.
• Extensive analysis is conducted by following key player positioning and monitoring the top competitors within the market framework.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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