Tonic Water Market Research Report

 

As per the GMI Research's latest analysis, Global Tonic Water Market reveals that the market is slated to register a higher CAGR over the forecast period. This is attributed to the growing consumption of alcoholic beverages like vodka, gin, and other several cocktails.

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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)

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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