Press release
Tonic Water Market is Predicted to Attain $1.16 Billion by 2027: Allied Market Research
Tonic Water Market
Drivers, restraints, and opportunities
Product innovation, premiumization, and expanding global consumer base drive the growth of the global tonic water market. However, availability of substitute products and low awareness of tonic water hamper the market growth. On the contrary, increase in demand for diet tonic water is expected to create lucrative opportunities for the market players.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/7215
Major market players
Fever-Tree
Fentimans Ltd.
Dr. Pepper Snapple Group
East Imperial Beverage Corporation
London Essence Company
Q Mixers
Thomas Henry GmbH & Co. KG
Franklin & Sons Ltd.
Zevia
White Rock Products Corporation
COVID-19 scenario:
Since the COVID-19 outbreak, the sale of tonic water has been severely affected due to shutdown of bars, restaurants, and breweries.
However, customers have opted for online retail to stock-pile beverages during the initial stages of the lockdown.
In addition, ecommerce platforms have opened new opportunities as governments have imposed social distancing norm.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/7215
The plain segment dominated the market
By flavor, the plain segment held the largest share in 2019, accounting for nearlythree-fifths of the global tonic water market, owing toincreased consumption as a mixer for alcoholic beverages and increasing use for medical purposes due to its quinine content.However, the flavored segment is expected to portray the highest CAGR of 7.9% during the forecast period, due to changes in tastes and preferences of consumers.
The online retail segment to manifest the highest CAGR through 2027
By distribution channel, the online retail segment is anticipated to register the highest CAGR of 9.1% during the forecast period, as it offers a broader range of options and delivery at the doorstep. However, the off-trade segment held the largest share in 2019, contributing to nearly half of the global tonic water market, due tostrategies such as in-store promotions, tasting for selective products, and membership offers.
Asia-Pacific, followed by North America, to register the fastest CAGR by 2027
By region, the market across Asia-Pacific, followed by North America, is estimated to manifest the highest CAGR of 9.1% from 2021 to 2027. This is due togrowing urban population coupled with improved living standards and demand for new, premium tonic water. However, the global tonic water market across Europe held the lion's share in 2019, accounting for more than two-fifths of the market, owing totremendous popularity and substantial consumption of alcoholic beverages and tonic water.
Request For Customization: https://www.alliedmarketresearch.com/request-for-customization/7215
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tonic Water Market is Predicted to Attain $1.16 Billion by 2027: Allied Market Research here
News-ID: 2684154 • Views: …
More Releases from Allied Market Research
Sensor Market Size to Reach $345.77 Billion By 2028
the sensor market in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to enormous development of IT & telecom, electronics, and automotive industries. Moreover, economically developed nations tend to witness high adoption of sensor technology in various aerospace & defense and healthcare segments, which is projected to significantly contribute toward growth of the market
According to a new report published by Allied Market Research,…
Smart Irrigation Market Size to Reach $5.57 Billion By 2030
the global smart irrigation market share is expected to witness a considerable growth, owing to increase in adoption of smart technologies, especially in emerging economies such as Asia-Pacific and LAMEA, owing to huge demand for autonomous technologies in these regions.
According to a recent report published by Allied Market Research, titled, "Smart Irrigation Market By Type, Component, End Use: Global Opportunity Analysis and Industry Forecast, 2021-2028," The global smart irrigation…
3D Printing Market Size to Reach $94.0 Billion by 2030
According to Himanshu Jangra, Lead Analyst, Semiconductor and Electronics, at Allied Market Research, "The 3D Printing market share is expected to witness considerable growth owing to increase in demand for3D printing solution across defense, automotive, healthcare sectors, especially in the U.S and Canada due to rising in demand for digital infrastructure solution in these countries.
According to a new report published by Allied Market Research, titled, "3D Printing Market, by Technology,…
Nanotechnology Market Size to Reach $33.63 Billion By 2030
The global nanotechnology market share is expected to witness a considerable growth, owing to increase in adoption of smart technologies, especially in emerging economies such as Asia-Pacific and LAMEA, owing to huge demand for autonomous technologies in these regions
According to a new report published by Allied Market Research, titled, "Nanotechnology Market By Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global nanotechnology market size was valued at…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
