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Global Tonic Water Market By Taste, Distribution Channel, Packaging Form, Region, Industry Analysis and Forecast, 2020-2026

The size of the Global Tonic Water Market is expected to reach $ 1. 3 billion by 2026, which corresponds to a market growth of 10.2% CAGR over the forecast period. Tonic water can be viewed as a tonic soft drink in which quinine is dissolved. New York, December 17, 2020 (GLOBE NEWSWIRE) – Reportlinker.com Announces Release of Global Tonic Water Market By Flavor, By Distribution Channel Report, By Package Form, By Region, Industry Analysis and Forecast, 2020-2026 “- https://www.reportlinker.com/p05998626/?utm_source=GNW Originally used as an anti-malarial drug, Tonic Water is now much lower in content and consumed because of its different unpleasant tastes. It is regularly used in alcoholic beverages, especially in Gin Tonic. The growing global consumer propensity for “gin and tonic” is the world’s leading driving force. In addition, expanding the use of tonic water to serve vodka and create various types of mainstream cocktails is creating new business opportunities Use of alcoholic beverages such as gin, vodka, and various types of cocktails is the leading driving component for the market. Tonic water also contains a decent level of quinine, which reduces the chances of malaria and other leg-related medical problems. These medicinal properties are expected to fuel market development over the forecast period. Tonic water is one of the world’s most widely consumed soft drinks with spirits. Many drinks have a solid base of tonic water, which gives cocktails a bitter note. Gin and tonic have become one of the most popular blends consumed by drinkers around the world. They are commonly known as “G and T” mainly in countries like the UK, Ireland, Australia, New Zealand, the US, and Canada. By and large, the majority of the recipes include a tonic water to gin ratio of 1: 1 to 1: 3. These trends are expected to continue to be beneficial to the industry over the forecast period. This has had a significant impact on the tonic water industry due to the outbreak of the COVID-19 pandemic. The on-trade segment is particularly hard hit, as bars, cafes, pubs and breweries have been closed due to blockages and customer visits are completely restricted. Similarly, the effect on the over-the-counter distribution channel was felt more uncertainly as consumer beverages were in stock during the initial stages of the lockdown. Nonetheless, the social distancing block has created extraordinary opportunities for ecommerce channels. Based on Flavor, the market is divided into Plain and Flavored. Based on the sales channel, the market is divided into off-trade, on-trade and online retail. Based on the packaging form, the market is divided into cans and bottles. Based on regions, the market is segmented into North America, Europe, Asia-Pacific and Latin America, Middle East and Africa. The market research report covers the analysis of key market players. Key companies featured in the report include Keurig Dr. Pepper, Inc. (Dr. Pepper Snapple Group), the Coca Cola Company, Monster Beverage Corporation (Hansen Beverage), Fever-Tree Drinks PLC, Asahi Group Holdings Ltd., PepsiCo, Inc. (Soda Stream International Ltd. ), Q-Tonic, LLC, Zevia, LLC, Fentimans Ltd. and Britvic PLC. Strategies for the Tonic Water MarketJul-2020: Fever-Tree has completed the acquisition of the German import company Global Drinks. After this acquisition, the established management, sales relationships and distribution channels of BIP enabled Fever-Tree to accelerate the strength and depth of its presence in Germany. June 2020: Asahi acquired Carlton and United Breweries, Australia’s largest brewer. This acquisition would expand the tasting beverage offering with Australia’s most admirable and popular beer brands. February 2020: PepsiCo announced the launch of its caffeinated water as an addition to its fizzy water brand. With this launch, the sparkling water category was expanded to include the brand’s fun, modern, and undeniable personality boost. January 2020: Keurig Dr. Pepper acquired Chicago-based bottled water company Limitless, which offers low-caffeinated sparkling water with zero calories and zero grams of sugar, no man-made ingredients. The partnership aimed to expand the distribution of Limitless products. June 2019: Fever-Tree announced its refreshingly light cucumber tonic. The drink Cucumber Tonic has the essence of summer and complements spirits such as gin, vodka, tequila, aperitif. May 2019: The fever tree is introduced ready-to-drink to drink gin and tonics to use its expertise in the alcohol markets. The range includes a premium Indian Gin & Tonic; a refreshingly light gin & tonic; and an Elderflower Gin & Tonic. March 2019: Q-Mixer entered into a partnership with Tales of the Cocktail. The partnership comes about as a cocktail culture trend towards simpler beverages like the highball, made with the best possible ingredients from premium liquor, crystal clear ice, and the best tasting blenders, following Morgan Stanley’s prediction that the market for premium carbonated blenders will grow seven-fold in the US over the next five years. September 2018: Fever-Tree partners with Patrón Tequila, a tequila products company. The partnership aimed to create Citrus Tonic Water, balance the sweet and peppery notes of Patrón Silver Tequila and create a delicious, refreshing long drink. September 2018: Keurig Dr. Pepper acquired Core Nutrition, a company that makes a number of beverages such as Core Hydration, nutrient-fortified bottled water, and Core Organic. The acquisition focused on realizing the business’s full growth potential. February 2018: Fentimans launched tonic water for connoisseurs. The product offers premium blenders for drinking with luxury spirits and is designed to highlight and enhance the delicate botanical flavors of artisanal and premium gin. Scope of StudyMarket segmentation: By taste • Simple • By taste via sales channel • Off-trade • On-trade • Online retailPackaging form • Cans • Bottles By geography • North Americao USo Canadao Mexicoo rest of North America • Europao Germanyo UKo Franceo Russiao Spaino Italyo rest of Europe • Asia-Pacifico Chinao Japano Indiao South Koreao Singapuro Malaysiao Rest of the Asia-Pacific region • LAMEAo Brazilo Argentina UAEo Saudi Arabiao South Africao Nigeriao Rest of the LAMEAC companies with profile • Keurig Dr. Pepper, Inc. (Dr. Pepper Snapple Group) • The Coca Cola Company • Monster Beverage Corporation (Hansen Beverage) • Fever Tree Beverage PLC • Asahi Group Holdings Ltd. • PepsiCo, Inc. (Soda Stream International Ltd.) • Q-Tonic, LLC • Zevia, LLC • Fentimans Ltd. • Britvic PLCUnique Offers • Full Coverage • Highest Number of Market Tables and Numbers • Subscription Based Model Available • Best Price Guaranteed • Assured Post Sales Research Support with 10% Customization Free Read the full report: https://www.reportlinker.com / p05998626 /? utm_source = GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all of the market research you need in one place, instantly. __________________________ CONTACT: Clare: clare@reportlinker.com USA: (339) -368-6001 Intl: +1 339-368 -6001