PUBLISHER: TechNavio | PRODUCT CODE: 1516456
PUBLISHER: TechNavio | PRODUCT CODE: 1516456
The mocktails market is forecasted to grow by USD 142.65 mn during 2023-2028, accelerating at a CAGR of 8.05% during the forecast period. The report on the mocktails market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased preference for premium and artisanal mocktails, growing demand for low-sugar, low-calorie mocktails, and incorporation of functional and health-enhancing ingredients into mocktails.
Technavio's mocktails market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.67% |
CAGR | 8.05% |
Incremental Value | $142.65mn |
By Packaging
By Distribution Channel
By Geography
This study identifies the emergence of cbd and cannabis-infused mocktails as one of the prime reasons driving the mocktails market growth during the next few years. Also, rise of diy and home mixology culture for mocktails and growing launches of seasonal and limited-edition mocktails by market vendors will lead to sizable demand in the market.
The report on the mocktails market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mocktails market vendors that include Athletic Brewing Company LLC, Axiom Ayurveda Pvt. Ltd., Britvic plc, clevermocktails, CRAVOVA, De Soi Inc, Drink Mockly Inc, House of Love Cocktails, Kul Beverages LLC, Leilo, Little Saints LLC, Manama Farms and Foods, Manek Food Products, Mingle Mocktails, Mocktail Club, Mocktails Uniquely Crafted, Ole Cocktails Co., Reeds Inc, SEEDLIP, The Coca Cola Co., The Mocktail Co, and Waterloo Sparkling Water Corp. Also, the mocktails market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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