Global Tonic Water Market By Overview
Tonic Water Market was valued at US$ 2.4 Billion in 2024 and is projected to grow at a CAGR of 12.10% to reach US$ 6.8 Billion by 2034.
Tonic water is a carbonated beverage that often contains quinine, a bitter compound derived from the bark of the cinchona tree. It is a key ingredient in popular mixed drinks such as gin and tonic. It has developed throughout time from being merely a mixer to a stand-alone beverage with a variety of flavor profiles and botanical additions.
Dividing this target market into segments:
Tonic Water Market is segmented based on Type, Category, Sales Channel and Region.
Type Insight
On the basis of Type, the target market is segmented into flavored and Non-Flavored.
Content Insight
On the basis of Content, the target market is segmented into regular and Diet.
Application Insight
On the basis of Application, the target market is segmented into Alcoholic Drinks and Direct Consumption.
Global Tonic Water Market By Dynamics
Drivers |
Restrains |
Rising Demand for Premium Mixers |
Health Concerns |
Growth in Craft and Artisanal Beverages |
Competitive Market |
Increased Consumption of Cocktails |
|
Health-Conscious Consumers |
|
Global Tonic Water Market By Segmentation
Regional Insights:
On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. The North American market has seen a surge in the popularity of craft and premium beverages, including tonic water. The cocktail culture is vibrant in urban areas, driving the demand for high-quality mixers. Health-conscious consumers in this region may also prefer low-calorie and natural tonic water options.
- Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The gin market is growing in India, contributing to the increased demand for tonic water. The market may see a blend of traditional tonic water and locally inspired flavors.
Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Type - Flavored and Non-Flavored By Content - Regular and Diet By Application – Alcoholic Drinks, and Direct Consumption |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.
Few Other Promising Reports:
Global Tonic Water Market By Key Players
The key players operating the Tonic Water Market includes, Dr Pepper Snapple Group Inc., Fever-Tree Limited, Fentimans Ltd., Q Tonic LLC, Schweppes, S.A., Tomr's Handcrafted, The Coca-Cola Company, Chr. Hansen Holding A/S, SodaStream International Ltd., and Britvic plc.
Recent Development:
The New Launched Product News,
- In August 2021, Nexba launched sugar-free tonic water. Nexba Tonic without Sugar There are two flavors of water: Classic Tonic and Lime, Cucumber, and Mint. A combination of natural botanicals and the brand's Natural Sweetener Blend are used to create both flavors. Allegedly the first naturally sugar-free tonic water in the nation, the brand is free of artificial additives and preservatives, suitable for vegans and keto diets, and gluten and sugar. The 1.50 pounds per 1L bottle sugar-free tonic waters are retailed at 340 Sainsbury's stores and online.
Global Tonic Water Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Content
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Tonic Water Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Flavored
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Non-Flavored
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Tonic Water Market, By Content, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Regular
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Diet
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Tonic Water Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Alcoholic Drinks
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Direct Consumption
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Tonic Water Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Content, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Content, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Content, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Content, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Content, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Dr Pepper Snapple Group Inc.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fever-Tree Limited,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fentimans Ltd.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Q Tonic LLC,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Schweppes, S.A.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tomr's Handcrafted,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Coca-Cola Company,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chr. Hansen Holding A/S,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SodaStream International Ltd.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Britvic plc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
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