The Global Premix Cocktails Market Report by The Business Research Company covers premix cocktails market drivers and restraints, premix cocktails market size, major players, and the impact of COVID-19 on the premix cocktails market.
The market for premix cocktails consists of sales of premix cocktails and its related products. Premixed cocktails are also known as flavored alcoholic beverages, ready-to-drink (RTD) alcohol-based beverages, pre-packaged spirits, or premixed beverages. These are prepared from alcohol mix with fruit juice, contains healthy amount of carbonation, and is a packed form of alcoholic beverages for direct consumption. Premix cocktails categories can be wine-based, spirit-based, or malt-based drinks. These flavored drinks with low alcohol content are available for purchase generally through online channels, small retail shops, and convenience stores.
Increasing consumer preferences for healthy drinks with low alcohol content is projected to boost the demand for premix cocktails over the forthcoming years.
The global premix cocktails market is expected grow from $17.05 billion in 2020 to $18.2 billion in 2021 at a compound annual growth rate (CAGR) of 6.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.42 billion in 2025 at a CAGR of 5%.
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Some premix cocktails market trends include the bars increasingly preparing premixes of cocktails and refrigerating to serve the customers on request. The bartenders are mixing the cocktails ahead of the order and are prebatching them, giving them time to interact with the customers and make sure they have best experience.
Global premix cocktails market segments include:
1) By Product Type: Rum, Whiskey, Vodka, Wine, Others.
2) By Flavor: Fruits, Spiced, Others.
3) By Distribution Channel: Hyper/Supermarket, Departmental Stores, Specialty Stores, Online Retailers.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Premix Cocktails Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides premix cocktails market overviews, analyzes and forecasts market size, share, premix cocktails market players, premix cocktails market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The premix cocktails market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Premix Cocktails Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Bacardi & Company Limited, Diageo Plc, Heineken NV, Altia Oyj, Carlsberg A/S, Belvedere SA, Ball Corporation, The Whisky Exchange, Suntory Holdings, Mark Anthony Brands, Brown Forman Corp, Mike’s Hard Lemonade Co., Halewood International, Anheuser-Busch InBev SA/NV, Castel, Asahi Group Holdings Ltd, Shanghai Baccus Liquor Co Ltd, Phision Projects LLC, Pernod Ricard SA.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The premix cocktails Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The premix cocktails Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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