Press release
Global Spirit-based RTD Mixes Market Will Reach At CAGR Of 7.36% Between 2017-2021.
Spirit-based RTD mixes are products that have a lower alcohol content than spirits and can be consumed directly from the bottle without any preparation. The products are flavored and the alcohol content in the product ranges from 5% to 15% by volume. The RTD products are popular among the consumers due to the convenience factor and flavor preferences. Consumers who are pressed for time due to busy lifestyles prefer RTD products as they can be consumed directly without much preparation and thus offer a convenience factor. The players in the market are coming up with new products and this is driving the growth of the market.
Technavios analysts forecast the global spirit-based RTD mixes market to grow at a CAGR of 7.36% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global spirit-based RTD mixes market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of spirit-based RTD mixes.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Spirit-based RTD Mixes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bacardi Limited
Beam Suntory
Diageo
Gruppo Campari
Pernod Ricard
Other prominent vendors
Asahi Breweries
Beverage Brands
Distell
Halewood International
LA Martiniquaise
Mark Anthony Group
Radico Khaitan
Market driver
Introduction of new flavors
For a full, detailed list, view our report
Market challenge
Campaigns against alcohol consumption
For a full, detailed list, view our report
Market trend
Increasing prominence of ethnic flavor
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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