Tonic Water Market Research Report
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Report on Tonic Water Market
Tonic Water Market’s leading Manufacturers:
·
FENTIMANS
·
Fever-Tree
·
Keurig Dr Pepper
·
Q MIXERS
·
THE COCA-COLA COMPANY
·
White Rock Products Corporation
·
Zevia
·
Asahi Group Holdings, Ltd.
·
Hansen Beverage
·
Bradleys Tonic Co.
Tonic Water Market Dynamics (including market size, share, trends, growth,
forecast, and industry analysis)
Key Drivers
The global tonic water market
is predicted to witness an upsurge in demand during the forecast period due to
the growing consumption of alcoholic beverages, including vodka, gin, and other
numerous cocktails. Furthermore, tonic water consists of an accurate amount of
quinine, which decreases the chances of malaria and other leg-related medical
problems. These medicinal properties are projected to drive the growth of the
tonic water market share in terms of revenue over the coming years. Tonic water
is one of the largest consumed soft drinks with spirits around the world.
Various beverages have a strong base of tonic water, which offers a bitter edge
to cocktails. Tonic water is also largely taken as a healthy drink due to the
strong presence of quinine substance, which is a medication utilized to treat
babesiosis and malaria. Players in the market are providing a huge range of
products that added flavors and sugars. These innovative advantages regarding
tonic water will stimulate the demand for the product.
Distribution Channel Segment Drivers
Based on the
distribution channel, the hypermarkets/ supermarkets & convenience stores
segments are projected to lead the market over the coming years. Various
supermarket giants, including 7Eleven, Walmart, Apar, Tesco, Sainsbury's,
Auchan, and Aldi, have strong customer penetration in developed countries, such
as Europe and North America. These organizations provide a wide range of
grocery products and a huge chain of stores to boost customer engagement. All
these advantages are attracting a vast consumer base into the market.
Tonic
Water Market Segmentation:
Segmentation by Product Type:
·
Regular
·
Diet
Segmentation by Distribution Channel:
·
Supermarket/hypermarket & Convenience stores
·
Online Retailers
·
Others
Segmentation by Region:
·
North America
o United
States of America
o Canada
·
Asia Pacific
o China
o Japan
o India
o Rest
of APAC
·
Europe
o United
Kingdom
o Germany
o France
o Spain
o Rest
of Europe
·
RoW
o Brazil
o South
Africa
o Saudi
Arabia
o UAE
o Rest
of the world (remaining countries of the LAMEA region)
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