Ready To Drink Cocktails Market Size, Share, Growth Report 2030

Ready To Drink Cocktails Market

Ready To Drink Cocktails Market – By Packaging (Cans and Bottles), By Type (Wine, Malt-Based, and Spirit), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Food & Beverage Report Format : PDF Pages: 130 Report Code: ZMR-6404 Published Date: Jun-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
    USD 701 Million     USD 1,200 Million     12.7%    2019

Ready To Drink Cocktails Market

The global Ready To Drink Cocktails market, which was estimated at about 701 (USD Million) in 2019 and is predicted to accrue earnings worth  1,200 (USD Million) by 2026, is set to record a CAGR of nearly 12.7% during 2020-2026. The report offers a valuation and analysis of the Ready To Drink Cocktails market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).

Ready To Drink Cocktails Market: Overview

Ready to drink cocktail is a packed drink that is sold in a prepared form. In addition to this, a range of ready-to-drink cocktails are available across the globe. For instance, alcopops are the most consumed kind of cocktail drink in the world.  Furthermore, canned & bottled cocktails are enhancing the popularity of ready-to-drink cocktails. With COVID-19 outbreak and the increase in the lockdown period, there is a surge in product sale online through e-commerce websites. In addition to this, market players are expanding their product penetration across the globe through online sales & promotion activities.

Ready To Drink Cocktails Market: Growth Drivers

The humungous popularity of flavored beverages having low alcoholic contents will spur ready to drink cocktails industry during forecast period. Apparently, the availability of premium products in myriad flavors and tastes with different kinds of packaging designs and packaging materials will drive ready-to-drink cocktails market trends. In addition to this, escalating health concerns and trend of home cocktail parties with rapid insurgence of COVID pandemic are few of the factors likely to impact ready-to-drink cocktails market growth. Furthermore, end-users across the developed economies are becoming aware about their health & fitness and hence have opted for lemon, orange, and cranberry flavors having less alcoholic content. Huge product demand can be credited to the altering lifestyles of the teenage, adult, and millennial populations in developed countries. All these abovementioned aspects will steer market size in the upcoming years.

Regional Landscape

North America To Account Major Market Share By 2026

The expansion of ready to drink cocktails market in North America over forecast timeline is due to the large-scale intake of premium and high quality cocktail drinks in the countries such as the U.S. In addition to this, escalating demand for whiskey and vodka in the sub-continent is likely to create lucrative growth avenues for ready to drink cocktails market in North American sub-continent. Reduced prices of ready-to-drink cocktails has not only enhanced its consumption in North America but has made it more popular in bars.

Ready To Drink Cocktails Market: Report Scope

Report Attributes Report Details
Report Name Ready To Drink Cocktails Market Report
Market Size in 2019 USD 701 Million
Market Forecast in 2026 USD 1,200 Million
Growth Rate CAGR of 12.7%
Number of Pages 130
Key Companies Covered Bacardi Limited, Diageo Plc, Brown –Forman, Halewood Wines & Spirits, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, Pernod Richard, Manchester Drinks Company Ltd., and Shanghai Bacchus Liquor Co., Ltd.
Segments Covered By Type, By Packaging, By Dosage Form, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2029
Historical Year 2015 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Competitive Landscape

Key participants profiled in the study include

  • Bacardi Limited
  • Diageo Plc
  • Brown –Forman
  • Halewood Wines & Spirits
  • Asahi Group Holdings, Ltd.
  • Anheuser-Busch InBev
  • Pernod Richard
  • Manchester Drinks Company Ltd.
  • Shanghai Bacchus Liquor Co., Ltd.

The global Ready To Drink Cocktails Market is segmented as follows:

By Type:

  • Wine
  • Spirit
  • Malt-Based

By Packaging:

  • Cans 
  • Bottles

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Humungous popularity of flavored beverages having low alcoholic contents will spur ready to drink cocktails industry during forecast period. Apparently, availability of premium products in myriad flavors and tastes with different kinds of packaging designs and packaging materials will drive ready to drink cocktails market trends. In addition to this, escalating health concerns and trend of home cocktail parties with rapid insurgence of COVID pandemic are few of the factors likely to impact ready to drink cocktails market growth. Furthermore, end-users across the developed economies are become aware about their health & fitness and hence have opted for lemon, orange, and cranberry flavors having less alcoholic content. Huge product demand can be credited to altering lifestyles of the teenage, adult, and millennial population in the developed countries. All these abovementioned aspects will steer market size in the upcoming years.

  

According to Zion Market Research report, the global Ready To Drink Cocktails market, which was estimated at about 701 (USD Million) in 2019 and is predicted to accrue earnings worth  1,200 (USD Million) by 2026, is set to record a CAGR of nearly over 12.7% during 2020-2026.   

North America is likely to make noteworthy contributions towards overall market size over 2020-2026. The growth of the industry in the sub-continent over the estimated timespan is due to large-scale intake of premium and high quality cocktail drinks in the countries such as the U.S. In addition to this, escalating demand for whiskey and vodka in the sub-continent is likely to create lucrative growth avenues for ready to drink cocktails market in North American sub-continent. Reduced prices of ready to drink cocktails has not only enhanced its consumption in North America but has made it more popular in bars.

The key players profiled in the report include are Bacardi Limited, Diageo Plc, Brown –Forman, Halewood Wines & Spirits, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, Pernod Richard, Manchester Drinks Company Ltd., and Shanghai Bacchus Liquor Co., Ltd.

 

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