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Premix Cocktails Market Trends, Top Companies, Share, Growth And Forecast 2033
Premix Cocktails Market
As per the report, the premix cocktails market size has grown steadily in recent years. It will grow from $23.65 billion in 2023 to $24.78 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The premix cocktails market size is expected to see steady growth in the next few years. It will grow to $29.02 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%.
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Rising Consumer Preference For Healthy Low-Alcohol Drinks Driving The Premix Cocktails Market
Increasing consumer preferences for healthy drinks with low alcohol content is projected to boost the demand for premix cocktails over the forthcoming years. According to the Department for Environment Food & Rural Affairs in October 2022, the Uk-based government agency for environmental protection, food production, agriculture, and fisheries, the spending on food and non-alcoholic drinks accounted for 49% in 2021. Therefore, increasing consumer preferences for healthy or low-alcohol drinks is predicted to propel the demand for the premix cocktails market over the forthcoming years.
Growing Trend Of Premixed Cocktails In Bars And Beyond
The bars are increasingly preparing premixes of cocktails and are refrigerating them to serve customers on request. The bartenders are mixing the cocktails ahead of the order and are prebatching them, giving them time to interact with the customers and make sure they have the best experience. For instance, Mister Paradise, a bar and restaurant in Manhattan, premixes a cocktail called Café Disco and serves it to its clients when ordered. Moreover, bartenders are increasingly selling their premixes outside of the bar as well.
The premix cocktails market covered in this report is segmented -
1) By Product Type: Rum, Whiskey, Vodka, Wine, Other Product Types
2) By Flavor: Fruits, Spiced, Other Flavors
3) By Distribution Channel: Hyper/Supermarket, Departmental Stores, Specialty Stores, Online Retailers
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Major companies operating in the premix cocktails market report are Anheuser-Busch InBev SA/NV, The Coca-Cola Company, Heineken NV, Diageo plc, Suntory Holdings Ltd., Asahi Group Holdings Ltd., Kirin Holdings Co. Ltd., Ball Corporation, Molson Coors Beverage Company, Pernod Ricard SA, Carlsberg A/S, Constellation Brands Inc., Castel Group, The Absolut Company, Bacardi & Company Limited, Brown Forman Corp., Davide Campari-Milano NV, William Grant & Sons Ltd., Mark Anthony Brands Inc., Edrington Group Ltd., Mike's Hard Lemonade Co., Luxco Inc., Altia Oyj, Shanghai Baccus Liquor Co. Ltd., Patron Spirits International AG, Beam Suntory Inc., Phision Projects LLC, Halewood Artisanal Spirits plc, Belvedere SA, Elixir House Limited, Stock Spirits Group plc
Contents of the report:
1. Executive Summary
2. Premix Cocktails Market Report Structure
3. Premix Cocktails Market Trends And Strategies
4. Premix Cocktails Market - Macro Economic Scenario
5. Premix Cocktails Market Size And Growth
…..
27. Premix Cocktails Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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