The global tonic water market is anticipated to register a CAGR of 7.2% during the forecast period. The rise in the alcohol consumption including vodka, gin, and other types of cocktails is the key factor driving the market. Tonic water contains quinine that helps in reducing the chances of malaria and leg related medical diseases. These medicinal properties of tonic water is anticipated to fuel growth during the forecast period.
Tonic water is consumed in soft drinks along with spirits across. Many drinks have a strong tonic water base, which provides a bitter taste to cocktails, which are popularly known as ‘G and T’, representing gin and tonic, primarily in countries such as the U.S., the U.K., Canada, Australia, Ireland, and New Zealand. Snoop that is a drinks supplier and a developer of celebrity spirits brands and wine, partnered with the Prestige Beverage Group to develop Indoggo Gin in the US.
Indian tonic waters to combat malaria is witnessing a resurgenceblend of quinine with sugar, gin, and water to create a malaria-fighting delicious sundowner. It is paired with whiskey, gin, or even coffee. Fever-Tree, a UK-based brand launched its product range in the Indian market, which is equivalent of coals to Newcastl. In India, over the past two years, a group of small and feisty companies have developed a range of high-quality tonic waters and some of which have by now garnered enormous attention across the international market.
Atlas, one of the world’s largest and extensive gin manufacturer, has launched a new series of updates to its juniper-infused range. In September 2020, Atlas will introduce their consumers to the flavors of South America and Amazonian rainforest’s native botanicals, coupled with different expressions handpicked from Colombia and Peru.
Get Details For “Sample Report, TOC, Segmentation & methodology of Tonic Water Market” Click Link Below: https://www.grandviewresearch.com/industry-analysis/tonic-water-market
The lockdown due to Covid-19 pandemic has provided an opportunity to sample for premium mixers. Consumers have improved their quarantine cocktail set-up, providing an off-trade arm to supermarkets and shops, thus, registering a robust growth. Fever-Tree says that the market observed a material trading in 2020 trading due to the temporary closure of pubs and restaurants. However, the market is getting crowded customers in U.K., the U.S, and Australia as a result of mixing more drinks at home.
Would you Like to Take a Look On “Sample Report” of Tonic Water Market Click the Link Below:
Further findings from the report suggest:
Regular tonic water accounted for the highest revenue with a share of more than 75.0% in 2019 and projected to maintain its dominance during the analysis timeline. This can be attributed to a wide range of products in the market.
Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/450677/ibb
Keurig Dr Pepper
THE COCA-COLA COMPANY
White Rock Products Corporation
Asahi Group Holdings, Ltd.
Bradleys Tonic Co.
Request Customization Report of Tonic Water Market@ https://www.grandviewresearch.com/request-for-customization/450677/rfc1
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 126 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 4126 analysts and consultants, the company adds 121200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 600 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
Country: United States