openPR Logo
Press release

RTD Cocktail Shots Market Size Worth US$ 9,633 Mn By 2032 | CAGR: 10%: FMI

08-17-2022 08:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

RTD Cocktail Shots Market

RTD Cocktail Shots Market

The global RTD cocktail shots market recorded a year-on-year (YoY) growth of 30.4% in 2022, surpassing US$ 3,708 Mn. The overall sales in the RTD cocktail shots market are expected to increase at a CAGR of 10.0% to reach the value of US$ 9,633 Mn in 2032.

According to Future Market Insights (FMI), the demand for RTD cocktail shots is expected to surge with growing consumption of cocktails and preference for fresh products. Hence, key playera are trying to capitalize on the trend by presenting a classic cocktail in a container made with natural ingredients.

Further, sales of ready-to-drink cocktail shots are also burgeoning as they do not require preparation. Also, availability of high-quality ready-to-drink cocktail shots are proving to be a turnkey solution that saves time and money.

In terms of packaging, the cans segment is expected to dominate the RTD cocktail host market. Millennials and several craft brew enthusiasts prefer cocktail from a can, improving the demand for canned RTD cocktail shots.

To remain 'ahead' of your competitors, request for @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14680

Key Takeaways from Market Study

The ready-to-drink cocktail shots market is expected to expand at CAGR of 10.0% over the forecast period.

Among the type, spirit based is expected to dominate the market, accounting for 42.0% of the revenue during the forecast period.

Among the packaging segment, bottle segment accounted for more than 57.0% revenue share and it is expected to grow at 8.2% CAGR over the forecast period.

Among distribution channel segment, supermarkets/hypermarkets category will account for over 70% of demand share between 2022 and 2032.

"Ease in convenience coupled with busy lifestyle has increased the demand for ready-to-drink cocktail shots. Hence, key players are introducing fresh flavors to capitalize on growing demand," says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of global ready-to-drink cocktail shots market are focusing on research & development in order to develop innovative and unique product offering. In addition to this, these key players in the ready-to-drink cocktail shots market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and to increase the existing production capacity.

Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-14680

In 2018, Bacardi Ltd announced the completion of its acquisition of PATRON brand of Patron Spirits International AG, the world's best-selling ultra-tequila. With this acquisition, Bacardi becomes the leading spirits company in the ultra-segment in the United States, as well as the second largest in terms of market share by value.

In 2020, Bacardi Ltd, the world's largest family-owned spirits company, announced the acquisition of batched cocktail and premium crafted company TAILS.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global ready-to-drink cocktail shots market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Market Segments Covered In RTD Cocktail Shots Analysis

Type:

Malt-based
Wine-based
Spirit-based

Packaging:

Bottles
Cans
Distribution Channel:

Online
Hypermarkets/supermarkets
Liquor Stores

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

Ask for Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-14680

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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 RTD Cocktail Shots Market Size Worth US$ 9,633 Mn By 2032 | CAGR: 10%: FMI here

News-ID: 2707645 • Views: 243

More Releases from Future Market Insights

Hydrazine Hydrate Market expected to valuation of US$ 683.1 Mn by the end of 203 …
According to a new report by Future Market Insights (FMI), hydrazine hydrate market surpassed US$ 426 million in revenues in 2021, and is projected to grow at a steady 4.9% CAGR through 2030. The latest study takes into account the impact of COVID-19 on hydrazine hydrate market. Hydrazine Hydrate Market Value is US$424 Mn in 2020, likely to surge at a vigorous 4.9% CAGR during the assessment period 2020 -
Plastic Corrugated Sheets Market Growth Factors, Opportunities, Ongoing Trends a …
A recent market research report entitled Plastic Corrugated Sheets Market  Size, Share, Growth, Industry Trends, and Forecast, done by our research team depicts the comprehensive and collaborative analysis of industry during past, present, and forecast periods. The Plastic Corrugated Sheets Market report determines historic growth analysis and current scenario of Functional Mushroom Market place and intends to offer actionable insights on global market growth projections. The report Plastic Corrugated Sheets on all the
Crotonaldehyde Market to reach a value of US$ 525.4 Mn by 2030
As consumers seek ready-to-eat and packaged food products owing to hectic lifestyles across the world, the requirement for preservatives such as sorbic acid is poised to remain high, subsequently driving the demand for crotonaldehyde. Future Market Insights (FMI) projects that the global crotonaldehyde market will grow in value at a CAGR of 4.2% between 2022 and 2030. Crotonaldehyde is gaining prominence in the leather tanning and rubber processing applications, which are expected
Industrial Chemical Packaging Market to reach 4.6 billion units by the year 2031
The industrial chemical packaging market is projected to expand at a steady pace, registering growth at 4.0% CAGR between 2021 and 2031, as per the a survey conducted by Future Market Insights. Due to the unprecedented outbreak of COVID-19, restrictions imposed by regulatory authorities have negatively impacted the sales of industrial chemical packaging solutions. However, in the coming years spike in demand for chemicals and growth in international trade of hazardous materials will result in long

All 5 Releases


More Releases for RTD

RTD Coffee Market Comprehensive Study Explore Huge Growth in Future
Global (United States, European Union and China) RTD Coffee Market Research Report 2019-2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global (United States, European Union and China) RTD Coffee Market. Some of the
Low-calorie RTD Beverages Market
The global low-calorie RTD beverages market is expected to register robust growth in the near future. The low-calorie RTD beverages market is driven by increasing health consciousness, growing disposable income, and rising product innovations. Obtain Report Details @ https://www.transparencymarketresearch.com/lowcalorie-rtd-beverages-market.html According to data provided by the National Center for Health Statistics, nearly 20% of the population in the US consumed diet drinks on a given day. According to National Library of Medicine,
Global Temperature Sensors RTD Market Insights, Forecast
This report presents the worldwide Temperature Sensors RTD market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=60376 Table of Contents: Table of Contents 1 Study
Ready to Drink (RTD) Tea and Coffee Market Report 2018: Segmentation by Product …
Global Ready to Drink (RTD) Tea and Coffee market research report provides company profile for Nestle S.A., The Coca-Cola Company, Tsing Hsin International Group, PepsiCo Inc., Starbucks Corporation, Monster Beverage Company, Uni-President Enterprises, Danone and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,
RTD Spirit Market to Register Substantial Expansion by 2025
This study researches the market size of RTD Spirit, presents the global RTD Spirit sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of RTD Spirit in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of
RTD Tea Drinks Market Survey and Global Trend Research 2018
RTD Tea Drinks refer to Tea-based or tea-flavoured beverage in a ready-to-drink format. It can come in different flavour variants, such as black, green, red, oolong, jasmine, and fruit among others. This report describes the development of the industry by upstream & downstream, industry overall and development, key companies, as well as type segment & market application and so on, and makes a scientific prediction for the development industry prospects on