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Ready To Drink Cocktails Market

Ready To Drink Cocktails Market Analysis, By Product Outlook (Plain, Flavored), By Product Type (Malt-based, Spirit-based), By Packaging Outlook (Bottle, Cans), By Distribution channel (Hotels/Restaurants, Modern Groceries) & By Region Forecast - Global Review 2021 to 2031

Analysis of Ready To Drink Cocktails Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

FACT5938MR
10 May 2021
Food & Beverage
170 Pages
40 Tables
40 Figures

Ready To Drink Cocktails Market to Expand at a CAGR of over 9%

According to latest research by Fact.MR, ready to drink cocktails market is projected to grow at a steady pace during 2021-2031.While the market is set to show recovery from crisis in the mid-term of the projection period, for the long term, demand is expected to showcase higher than the historical growth. Rising demand of low-content alcohol coupled with availability of different type of flavors is expected to surge the ready to drink cocktails demand. Additionally, flavored on- the-go cocktails is gaining popularity amongst youth population, which in turn has been further propelling the ready to drink cocktails demand.

What is Driving Ready to Drink Cocktail Sales?

In recent past, consumers are shifting towards convenient form of alcoholic beverage including ready to drink cocktails. Key players in the market have been utilizing this lucrative opportunity, owing to increase in customer base by introducing new ready to drink cocktails in the market. For instance, Jim Beam has recently launched canned alcohol beverage including, two ready- to-drink cocktails named, The Jim Beam Classic Highball and The Jim Beam Ginger Highball. Thereby, it will expand product portfolio for its ready to drink cocktail.

Similarly, major players in the market are expanding their production capacity and forming growth strategies in order to address the upscaling ready to drink cocktails demand. For instance, Diageo North America Inc. has expanded its manufacturing footprint in Plainfield and installed two ready to drink cocktails lines. The company invested over US $80 million, to increase its production capacity by producing 25 million canes of ready to drink cocktails, per year. This is indicative of growing ready to drink cocktails sales.

US and Canada Ready to Drink Cocktails Demand Outlook

North America portrayed rapid growth in the ready to drink cocktail sales, owing to growing number of flavored alcohol beverage consumers. Additionally, U.S. and Canada both have been broadening their distribution reach of ready to drink cocktails due to presence of almost all major players in the region, including Savage and Cooke, Crown Royal, and others.

In past few years, consumption of ready-to-drink cocktails in people aged between 18-25 years has significantly increased in the region. For instance, in 2018, ready to drink cocktail was most commonly consumed by younger people, aged between 18-29 years. On the contrary, less than 10% of people age 50 to 70 had tried low- alcoholic beverages.

Similarly, U.S ready to drink cocktails demand has also boosted during summer season due to preference for chilled drinking beverage. For instance, it is reported that ready to drink sales went north during summer months, especially during holidays. These key factors contribute to increasing U.S ready to drink cocktails demand.

Europe Demand Outlook for Ready to Drink Cocktails

Similar to their North American counterparts, European countries are also keen towards ready to drink cocktails consumption. Some of the European countries including Germany, U.K, Italy, and Spain are witnessing significant reduction in the alcoholic drink’s sales. Additionally, crucial factor supporting the Europe ready to drink cocktails sales is limited number of alcohol drinkers in the region.

For instance, according to Eurostat Statistics Explained, in 2014, one quarter of the European population did not drink any alcohol. Thereby, consumers are preferring ready to drink cocktail, owing to low content alcohol level. These key factors are indirectly offering lucrative opportunity for the Europe ready to drink cocktails sales.

Who are the Key Manufacturers of Ready to Drink Cocktails?

Some of the key market participants of the key ready to drink cocktails are

Jim Beam
Cutwater Spirits
Savage and Cooke
Crown Royal
Diageo North America
Crook & Marker
Dogfish Head Distilling Co.
Molson Coors Beverage Co.
Brown-Forman
Pernod Ricard
Bacardi Ltd.
Asahi Group Holdings, Ltd.
Halewood Wines & Spirits
Manchester Drinks
Others.

Some of the emerging manufacturers of ready to drink cocktails in China includes

Beer in China
Breweries in China‎
Hangzhou Wahaha Group‎
Others.

Ready to Drink Cocktails Market Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Key Segments

By Product Outlook:
- Plain
- Flavored
By Product Type:
- Malt-based
- Spirit-based
- Wine-based
By Packaging Outlook:
- Bottle
- Cans
By Distribution channel:
- Hotels/Restaurants
- Modern Groceries
- Online Retail
- Liquor Stores
- Others
By Region:
- North America
  - US & Canada
- Latin America
  - Brazil, Mexico, Others
- Western Europe
  - EU5
  - Nordics
  - Benelux
- Eastern Europe
- Asia Pacific
  - Australia and New Zealand (ANZ)
  - Greater China
  - India
  - ASEAN
  - Rest of Asia Pacific
- Japan
- Middle East and Africa
  - GCC Countries
  - Other Middle East
  - North Africa
  - South Africa
  - Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

- Frequently Asked Questions -

At what rate will Ready to Drink Cocktails market grow from 2021 to 2031?

The Ready to Drink Cocktails market is expected to grow at a 13.4% CAGR from 2021 to 2031

What is the expected market value for the Ready to Drink Cocktails market in 2031?

By 2031-end, Ready to Drink Cocktails sales are likely to reach US$ 2.4 Billion

Which are some leading players in the Ready to Drink Cocktails market?

Jim Beam, Cutwater Spirits, Savage and Cooke, Crown Royal, and Diageo North America are some leading Ready to Drink Cocktails market players.

Table of Content

1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis and Forecast
- 6.1. Product Outlook
- 6.2. Product Type
- 6.3. Packaging Outlook
- 6.4. Distribution Channel
7. Global Market Analysis and Forecast, By Product Outlook
- 7.1. Plain
- 7.2. Flavored
8. Global Market Analysis and Forecast, By Product Type
- 8.1. Malt-based
- 8.2. Spirit-based
- 8.3. Wine-based
9. Global Market Analysis and Forecast, By Packaging Outlook
- 9.1. Bottle
- 9.2. Cans
10. Global Market Analysis and Forecast, By Distribution Channel
- 10.1. Hotels/Restaurants
- 10.2. Modern Groceries
- 10.3. Online Retail
- 10.4. Liquor Stores
- 10.5. Others
11. Global Market Analysis and Forecast, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Western Europe
- 11.4. Eastern Europe
- 11.5. East Asia
- 11.6. South Asia & Pacific
- 11.7. MEA
12. North America Sales Analysis and Forecast, by Key Segments and Countries
13. Latin America Sales Analysis and Forecast, by Key Segments and Countries
14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
18. MEA Sales Analysis and Forecast, by Key Segments and Countries
19. Sales Forecast by Product Outlook, Product Type, Packaging Outlook, and Distribution Channel for 30 Countries
20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
21. Company Profile
- 21.1. Jim Beam
- 21.2. Cutwater Spirits
- 21.3. Savage and Cooke
- 21.4. Crown Royal
- 21.5. Diageo North America
- 21.6. Crook & Marker
- 21.7. Dogfish Head Distilling Co.
- 21.8. Molson Coors Beverage Co.
- 21.9. Brown-Forman
- 21.10. Pernod Ricard
- 21.11. Bacardi Ltd.
- 21.12. Asahi Group Holdings, Ltd.
- 21.13. Halewood Wines & Spirits
- 21.14. Manchester Drinks

List Of Table

Table 1: Global Market US$ Mn Forecast by Region

Table 2: Global Market US$ Mn Forecast by Product Outlook

Table 3: Global Market US$ Mn Forecast by Product Type

Table 4: Global Market US$ Mn Forecast by Packaging Outlook

Table 5: Global Market US$ Mn Forecast by Distribution Channel

Table 6: North America Market US$ Mn Forecast by Country

Table 7: North America Market US$ Mn Forecast by Product Outlook

Table 8: North America Market US$ Mn Forecast by Product Type

Table 9: North America Market US$ Mn Forecast by Packaging Outlook

Table 10: North America Market US$ Mn Forecast by Distribution Channel

Table 11: Latin America Market US$ Mn Forecast by Country

Table 12: Latin America Market US$ Mn Forecast by Product Outlook

Table 13: Latin America Market US$ Mn Forecast by Product Type

Table 14: Latin America Market US$ Mn Forecast by Packaging Outlook

Table 15: Latin America Market US$ Mn Forecast by Distribution Channel

Table 16: Western Europe Market US$ Mn Forecast by Country

Table 17: Western Europe Market US$ Mn Forecast by Product Outlook

Table 18: Western Europe Market US$ Mn Forecast by Product Type

Table 19: Western Europe Market US$ Mn Forecast by Packaging Outlook

Table 20: Western Europe Market US$ Mn Forecast by Distribution Channel

Table 21: Eastern Europe Market US$ Mn Forecast by Country

Table 22: Eastern Europe Market US$ Mn Forecast by Product Outlook

Table 23: Eastern Europe Market US$ Mn Forecast by Product Type

Table 24: Eastern Europe Market US$ Mn Forecast by Packaging Outlook

Table 25: Eastern Europe Market US$ Mn Forecast by Distribution Channel

Table 26: East Asia Market US$ Mn Forecast by Country

Table 27: East Asia Market US$ Mn Forecast by Product Outlook

Table 28: East Asia Market US$ Mn Forecast by Product Type

Table 29: East Asia Market US$ Mn Forecast by Packaging Outlook

Table 30: East Asia Market US$ Mn Forecast by Distribution Channel

Table 31: South Asia & Pacific Market US$ Mn Forecast by Country

Table 32: South Asia & Pacific Market US$ Mn Forecast by Product Outlook

Table 33: South Asia & Pacific Market US$ Mn Forecast by Product Type

Table 34: South Asia & Pacific Market US$ Mn Forecast by Packaging Outlook

Table 35: South Asia & Pacific Market US$ Mn Forecast by Distribution Channel

Table 36: MEA Market US$ Mn Forecast by Country

Table 37: MEA Market US$ Mn Forecast by Product Outlook

Table 38: MEA Market US$ Mn Forecast by Product Type

Table 39: MEA Market US$ Mn Forecast by Packaging Outlook

Table 40: MEA Market US$ Mn Forecast by Distribution Channel

List Of Figures

Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 5: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region

Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 9: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Outlook

Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type

Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Outlook

Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel

Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Ready To Drink Cocktails Market

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Ready To Drink Cocktails Market

Ready To Drink Cocktails Market Analysis, By Product Outlook (Plain, Flavored), By Product Type (Malt-based, Spirit-based), By Packaging Outlook (Bottle, Cans), By Distribution channel (Hotels/Restaurants, Modern Groceries) & By Region Forecast - Global Review 2021 to 2031

Ready To Drink Cocktails Market to Expand at a CAGR of over 9%

What is Driving Ready to Drink Cocktail Sales?

US and Canada Ready to Drink Cocktails Demand Outlook

Europe Demand Outlook for Ready to Drink Cocktails

Who are the Key Manufacturers of Ready to Drink Cocktails?

Ready to Drink Cocktails Market Report Highlights:

Key Segments

By Product Outlook:

By Product Type:

By Packaging Outlook:

By Distribution channel:

By Region:

- Frequently Asked Questions -

Table of Content

List Of Table

List Of Figures