Cocktail Mixers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for cocktail mixers. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global cocktail mixers market from 2024 to 2031.

Key Insights:

Cocktail Mixers Market Size (2024E): US$ 10.6 Bn
Projected Market Value (2031F): US$ 17.2 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 7.1%

Cocktail Mixers Market - Report Scope:

Cocktail mixers are non-alcoholic beverages designed to mix with spirits to create cocktails. The market for cocktail mixers includes a wide range of products such as fruit juices, flavored syrups, and other pre-made cocktail bases. This market serves a variety of end-users, including bars, restaurants, cafes, and households. The increasing demand for convenience, premium cocktail experiences, and innovative flavors is driving market growth. With an increasing focus on health and wellness, the demand for organic and low-calorie mixers is also on the rise.

Market Growth Drivers:

The global cocktail mixers market is driven by several key factors, including the increasing demand for convenient and ready-to-use cocktail options, especially among consumers who prefer at-home mixology experiences. The rise of cocktail culture in both urban and suburban settings, fueled by social media trends, is further propelling market expansion. In addition, the popularity of craft cocktails, premium spirits, and innovative mixer flavors is contributing to the overall market growth. Health-conscious consumers are also opting for low-sugar, organic, and non-alcoholic cocktail mixers, expanding the market's consumer base.

Market Restraints:

Despite strong growth prospects, the cocktail mixers market faces challenges such as high competition from traditional mixers and homemade alternatives. The availability of a wide variety of alcoholic beverages at competitive prices may hinder the growth of cocktail mixers in some regions. Additionally, the regulatory concerns surrounding the use of artificial additives and preservatives in pre-mixed cocktail solutions can pose challenges to market players. The pricing of premium cocktail mixers, which may be considered high for budget-conscious consumers, is also a restraint to market penetration in emerging economies.

Market Opportunities:

The cocktail mixers market presents significant growth opportunities through innovations in product formulations and packaging. There is a growing trend for eco-friendly packaging, which appeals to environmentally-conscious consumers. Additionally, the rise of non-alcoholic spirits and mixers designed for mocktails presents new avenues for growth. Furthermore, the expansion of premium cocktail mixers, such as organic, sugar-free, or functional mixers, is expected to drive the market forward. Strategic partnerships with liquor brands and the rise of subscription services for cocktail enthusiasts also offer promising opportunities for market players.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the cocktail mixers market globally?
Which types of cocktail mixers are gaining popularity across different consumer demographics?
How are innovations in cocktail mixer formulations and packaging reshaping the competitive landscape?
Who are the key players contributing to the cocktail mixers market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global cocktail mixers market?

Competitive Intelligence and Business Strategy:

Leading players in the global cocktail mixers market, including Fever-Tree, The Cocktail Company, and Monin, focus on product innovation, premiumization, and strategic partnerships to gain a competitive edge. These companies invest in R&D to create new flavors, organic offerings, and functional mixers that cater to the growing health-conscious consumer segment. Collaborations with alcohol brands and increased retail distribution through online platforms are key strategies being implemented to expand market reach. Additionally, marketing efforts targeting younger, trend-conscious consumers, who are more likely to experiment with new cocktail experiences, are contributing to market growth.

Key Companies Profiled:

Fever-Tree
The Cocktail Company
Monin
Diageo Plc
Pernod Ricard
The World's Best Cocktails
Stirrings
Q Mixers
Fentimans Ltd.
Laurent-Perrier

Market Segmentation

By Product Type

Tonic Water
Syrups and Cordials
Ginger Ale
Soda and Sparkling Water

By Nature

Organic
Conventional

By End Use

HoReCa
Household Retail

By Distribution Channel

By Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East Africa

Product Code: PMRREP35002

1. Executive Summary

1.1. Global Cocktail Mixers Market Snapshot, 2024 and 2031
1.2. Market Opportunity Assessment, 2024 - 2031, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Industry Developments and Key Market Events
1.6. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Cocktail Mixers Market: Value Chain
- 2.3.1. List of key players
2.4. Forecast Factors - Relevance and Impact
2.5. Covid-19 Impact Assessment

3. Value Added Insights

3.1. Key Regulations, Clean Labels, Standards
3.2. Product USPs / Features
3.3. Factors Impacting Consumer Buying Preference and Their Relevance
3.4. Key Market Strategies
3.5. PESTLE Analysis
3.6. Porter Five Forces Analysis

4. Price Trend Analysis, 2019 - 2031

4.1. Key Factors Impacting Prices
4.2. Prices by Product Type

5. Global Cocktail Mixers Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

5.1. Market Size (US$ Bn) Analysis and Forecast
- 5.1.1. Historical Market Size Analysis, 2019 - 2023
- 5.1.2. Current Market Size Forecast, 2024 - 2031
5.2. Global Cocktail Mixers Market Outlook: Product Type
- 5.2.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Product Type, 2019 - 2023
- 5.2.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Product Type, 2024 - 2031
  - 5.2.2.1. Tonic Water
  - 5.2.2.2. Syrups & Cordials
  - 5.2.2.3. Ginger Ale
  - 5.2.2.4. Soda and Sparkling Water
  - 5.2.2.5. Others
- 5.2.3. Market Attractiveness Analysis: Product Type
5.3. Global Cocktail Mixers Market Outlook: Nature
- 5.3.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Nature, 2019 - 2023
- 5.3.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Nature, 2024 - 2031
  - 5.3.2.1. Organic
  - 5.3.2.2. Conventional
- 5.3.3. Market Attractiveness Analysis: Nature
5.4. Global Cocktail Mixers Market Outlook: End Users
- 5.4.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By End Users, 2019 - 2023
- 5.4.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By End Users, 2024 - 2031
  - 5.4.2.1. HoReCa
  - 5.4.2.2. Household Retail
- 5.4.3. Market Attractiveness Analysis: End Users
5.5. Global Cocktail Mixers Market Outlook: Distribution Channel
- 5.5.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Distribution Channel, 2019 - 2023
- 5.5.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
  - 5.5.2.1. B2B
  - 5.5.2.2. B2C
    - 5.5.2.2.1. Supermarkets/Hypermarkets
    - 5.5.2.2.2. Specialty Stores
    - 5.5.2.2.3. Convenience Stores
    - 5.5.2.2.4. Liquor Stores
    - 5.5.2.2.5. Online Retail
    - 5.5.2.2.6. Others
- 5.5.3. Market Attractiveness Analysis: Distribution Channel

6. Global Cocktail Mixers Market Outlook: Region

6.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Region, 2019 - 2023
6.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Region, 2024 - 2031
- 6.2.1. North America
- 6.2.2. Europe
- 6.2.3. East Asia
- 6.2.4. South Asia and Oceania
- 6.2.5. Latin America
- 6.2.6. Middle East & Africa
6.3. Market Attractiveness Analysis: Region

7. North America Cocktail Mixers Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

7.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Market, 2019 - 2023
- 7.1.1. By Country
- 7.1.2. By Product Type
- 7.1.3. By Nature
- 7.1.4. By End Users
- 7.1.5. By Distribution Channel
7.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Country, 2024 - 2031
- 7.2.1. U.S.
- 7.2.2. Canada
7.3. Current Market Size (US$ Bn) and Volume (KL) Forecast By Product Type, 2024 - 2031
- 7.3.1. Tonic Water
- 7.3.2. Syrups & Cordials
- 7.3.3. Ginger Ale
- 7.3.4. Soda and Sparkling Water
- 7.3.5. Others
7.4. Current Market Size (US$ Bn) and Volume (KL) Forecast By Nature, 2024 - 2031
- 7.4.1. Organic
- 7.4.2. Conventional
7.5. Current Market Size (US$ Bn) and Volume (KL) Forecast By End Users, 2024 - 2031
- 7.5.1. HoReCa
- 7.5.2. Household Retail
7.6. Current Market Size (US$ Bn) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 7.6.1. B2B
- 7.6.2. B2C
  - 7.6.2.1. Supermarkets/Hypermarkets
  - 7.6.2.2. Specialty Stores
  - 7.6.2.3. Convenience Stores
  - 7.6.2.4. Liquor Stores
  - 7.6.2.5. Online Retail
  - 7.6.2.6. Others
7.7. Market Attractiveness Analysis

8. Europe Cocktail Mixers Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

8.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Market, 2019 - 2023
- 8.1.1. By Country
- 8.1.2. By Product Type
- 8.1.3. By Nature
- 8.1.4. By End Users
- 8.1.5. By Distribution Channel
8.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Country, 2024 - 2031
- 8.2.1. Germany
- 8.2.2. France
- 8.2.3. U.K.
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
8.3. Current Market Size (US$ Bn) and Volume (KL) Forecast By Product Type, 2024 - 2031
- 8.3.1. Tonic Water
- 8.3.2. Syrups & Cordials
- 8.3.3. Ginger Ale
- 8.3.4. Soda and Sparkling Water
- 8.3.5. Others
8.4. Current Market Size (US$ Bn) and Volume (KL) Forecast By Nature, 2024 - 2031
- 8.4.1. Organic
- 8.4.2. Conventional
8.5. Current Market Size (US$ Bn) and Volume (KL) Forecast By End Users, 2024 - 2031
- 8.5.1. HoReCa
- 8.5.2. Household Retail
8.6. Current Market Size (US$ Bn) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 8.6.1. B2B
- 8.6.2. B2C
  - 8.6.2.1. Supermarkets/Hypermarkets
  - 8.6.2.2. Specialty Stores
  - 8.6.2.3. Convenience Stores
  - 8.6.2.4. Liquor Stores
  - 8.6.2.5. Online Retail
  - 8.6.2.6. Others
8.7. Market Attractiveness Analysis

9. East Asia Cocktail Mixers Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

9.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Market, 2019 - 2023
- 9.1.1. By Country
- 9.1.2. By Product Type
- 9.1.3. By Nature
- 9.1.4. By End Users
- 9.1.5. By Distribution Channel
9.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Country, 2024 - 2031
- 9.2.1. China
- 9.2.2. Japan
- 9.2.3. South Korea
9.3. Current Market Size (US$ Bn) and Volume (KL) Forecast By Product Type, 2024 - 2031
- 9.3.1. Tonic Water
- 9.3.2. Syrups & Cordials
- 9.3.3. Ginger Ale
- 9.3.4. Soda and Sparkling Water
- 9.3.5. Others
9.4. Current Market Size (US$ Bn) and Volume (KL) Forecast By Nature, 2024 - 2031
- 9.4.1. Organic
- 9.4.2. Conventional
9.5. Current Market Size (US$ Bn) and Volume (KL) Forecast By End Users, 2024 - 2031
- 9.5.1. HoReCa
- 9.5.2. Household Retail
9.6. Current Market Size (US$ Bn) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 9.6.1. B2B
- 9.6.2. B2C
  - 9.6.2.1. Supermarkets/Hypermarkets
  - 9.6.2.2. Specialty Stores
  - 9.6.2.3. Convenience Stores
  - 9.6.2.4. Liquor Stores
  - 9.6.2.5. Online Retail
  - 9.6.2.6. Others
9.7. Market Attractiveness Analysis

10. South Asia & Oceania Cocktail Mixers Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

10.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Market, 2019 - 2023
- 10.1.1. By Country
- 10.1.2. By Product Type
- 10.1.3. By Nature
- 10.1.4. By End Users
- 10.1.5. By Distribution Channel
10.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Country, 2024 - 2031
- 10.2.1. India
- 10.2.2. Southeast Asia
- 10.2.3. ANZ
- 10.2.4. Rest of South Asia & Oceania
10.3. Current Market Size (US$ Bn) and Volume (KL) Forecast By Product Type, 2024 - 2031
- 10.3.1. Tonic Water
- 10.3.2. Syrups & Cordials
- 10.3.3. Ginger Ale
- 10.3.4. Soda and Sparkling Water
- 10.3.5. Others
10.4. Current Market Size (US$ Bn) and Volume (KL) Forecast By Nature, 2024 - 2031
- 10.4.1. Organic
- 10.4.2. Conventional
10.5. Current Market Size (US$ Bn) and Volume (KL) Forecast By End Users, 2024 - 2031
- 10.5.1. HoReCa
- 10.5.2. Household Retail
10.6. Current Market Size (US$ Bn) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 10.6.1. B2B
- 10.6.2. B2C
  - 10.6.2.1. Supermarkets/Hypermarkets
  - 10.6.2.2. Specialty Stores
  - 10.6.2.3. Convenience Stores
  - 10.6.2.4. Liquor Stores
  - 10.6.2.5. Online Retail
  - 10.6.2.6. Others
10.7. Market Attractiveness Analysis

11. Latin America Cocktail Mixers Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

11.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Market, 2019 - 2023
- 11.1.1. By Country
- 11.1.2. By Product Type
- 11.1.3. By Nature
- 11.1.4. By End Users
- 11.1.5. By Distribution Channel
11.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Country, 2024 - 2031
- 11.2.1. Brazil
- 11.2.2. Mexico
11.3. Current Market Size (US$ Bn) and Volume (KL) Forecast By Product Type, 2024 - 2031
- 11.3.1. Tonic Water
- 11.3.2. Syrups & Cordials
- 11.3.3. Ginger Ale
- 11.3.4. Soda and Sparkling Water
- 11.3.5. Others
11.4. Current Market Size (US$ Bn) and Volume (KL) Forecast By Nature, 2024 - 2031
- 11.4.1. Organic
- 11.4.2. Conventional
11.5. Current Market Size (US$ Bn) and Volume (KL) Forecast By End Users, 2024 - 2031
- 11.5.1. HoReCa
- 11.5.2. Household Retail
11.6. Current Market Size (US$ Bn) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 11.6.1. B2B
- 11.6.2. B2C
  - 11.6.2.1. Supermarkets/Hypermarkets
  - 11.6.2.2. Specialty Stores
  - 11.6.2.3. Convenience Stores
  - 11.6.2.4. Liquor Stores
  - 11.6.2.5. Online Retail
  - 11.6.2.6. Others
11.7. Market Attractiveness Analysis

12. Middle East & Africa Cocktail Mixers Market Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

12.1. Historical Market Size (US$ Bn) and Volume (KL) Analysis By Market, 2019 - 2023
- 12.1.1. By Country
- 12.1.2. By Product Type
- 12.1.3. By Nature
- 12.1.4. By End Users
- 12.1.5. By Distribution Channel
12.2. Current Market Size (US$ Bn) and Volume (KL) Forecast By Country, 2024 - 2031
- 12.2.1. GCC
- 12.2.2. South Africa
- 12.2.3. Northern Africa
12.3. Current Market Size (US$ Bn) and Volume (KL) Forecast By Product Type, 2024 - 2031
- 12.3.1. Tonic Water
- 12.3.2. Syrups & Cordials
- 12.3.3. Ginger Ale
- 12.3.4. Soda and Sparkling Water
- 12.3.5. Others
12.4. Current Market Size (US$ Bn) and Volume (KL) Forecast By Nature, 2024 - 2031
- 12.4.1. Organic
- 12.4.2. Conventional
12.5. Current Market Size (US$ Bn) and Volume (KL) Forecast By End Users, 2024 - 2031
- 12.5.1. HoReCa
- 12.5.2. Household Retail
12.6. Current Market Size (US$ Bn) and Volume (KL) Forecast By Distribution Channel, 2024 - 2031
- 12.6.1. B2B
- 12.6.2. B2C
  - 12.6.2.1. Supermarkets/Hypermarkets
  - 12.6.2.2. Specialty Stores
  - 12.6.2.3. Convenience Stores
  - 12.6.2.4. Liquor Stores
  - 12.6.2.5. Online Retail
  - 12.6.2.6. Others
12.7. Market Attractiveness Analysis

13. Competition Landscape

13.1. Market Share Analysis, 2023
13.2. Market Structure
- 13.2.1. Competition Dashboard
- 13.2.2. Tier Structure Analysis
- 13.2.3. Regional Presence Analysis
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. The Coca-Cola Company
  - 13.3.1.1. Overview
  - 13.3.1.2. Segments and Products
  - 13.3.1.3. Key Financials
  - 13.3.1.4. Market Developments
  - 13.3.1.5. Market Strategy
- 13.3.2. Keurig Dr Pepper, Inc.
- 13.3.3. Monin Inc.
- 13.3.4. Collins
- 13.3.5. The London Essence Company
- 13.3.6. East Imperial
- 13.3.7. Britvic
- 13.3.8. Bartisans
- 13.3.9. Master of Mixes
- 13.3.10. Others

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations

Cocktail Mixers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024 - 2031