Tonic Water Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Tonic water market is carbonated soft drink with quinine dissolved in it is referred to as tonic water. Quinine is a bitter compound extracted from the cinchona tree's bark and usually used as a prophylactic against malaria. Moreover, tonic water generally has a significant amount of quinine content and is consumed due to its distinctive bitter taste. It is often consumed with regular content which is non-flavored or combined with fruit juice or alcoholic drinks, mainly in gin and tonic. According to US FDA, quinine may be used in food and beverage products if the quinine content in particular product does not go beyond 83 parts per million and existence of quinine is clearly indicated on the product label.

The global tonic water market is segmented on the basis of product type. On the basis of type, the market is sub-segmented into regular tonic water, low-calorie tonic water, and slimline tonic water. The regular tonic water holds a considerable market share attributed to its historical usage as regular tonic water is in use for a long time as antimalarial. Moreover, low slimline tonic water is expected to witness rapid growth as it attracts more health-conscious consumers as compared to other types of water. Additionally, low-calorie tonic water segment is expected to perform well in the near future as demand for healthy food and beverage products is increasing.

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Current Market trends covered in the market report

Low awareness of tonic water can restrain its market growth.
Rise in the consumption of gin across the globe.
North America holds a major market share in the tonic water market.
An increase in health awareness among the population regarding the use of tonic water can propose a major growth opportunity for the growth of the tonic water market.  

Tonic Water Market Segmentation

By Product Type

Regular Tonic Water
Low-Calorie Water
Slimline Tonic Water 

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Tonic Water Market - Segment by Region 

North America           

United States 
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific    

China
Japan
India
Rest of Asia-Pacific

Rest of the World

CompanyProfiles
BradleysTonicCo.
DiageoPLC.
EastImperial
ElGuapo
Fentimans
Fevertree, Ltd.
JackRudyCocktailCo.
KeurigDrPepper, Inc.
MonsterBeverageCorp.
PowellandMahoneyLLC
QTonic, LLC
SodastreamUSA
TheCoca-ColaCompany
ThomasHenryGmbH&Co. KG
White Rock Beverage, Inc.

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