Tonic water is a carbonated soft drink in which quinine is dissolved. It is used as a prophylactic to treat malaria and babesiosis. Tonic water usually now has a significantly lower quinine content and is consumed for its distinctive bitter flavor. It is often used in mixed drinks, particularly in gin and tonic. Regular consumption of tonic water may lead to side effects like nausea, stomach cramps, diarrhea, vomiting, and nervousness. Rising of disposable income of people due to modernization is expected to drive the tonic water market in the coming period.
Increasing intake of alcohol beverages worldwide is expected to remain the dominant force driving the demand for the tonic water market. Furthermore, the growing number of clubs and lounges which are expected to boost the need for such mixes is also projected to influence the tonic water market significantly. Moreover, growing numbers of distilleries producing gin are fueling the tonic water market. The increasing rate of health awareness among people to cut down calorie rate is expected to generate untapped opportunity for the tonic water market.
Top Keyplayers:
Fever-Tree, Keurig Dr Pepper Inc., Hansen Beverage, SodaStream Inc.,A.S. Watson Group, FENTIMANS, Seagram Company Ltd., Schweppes, Bradleys Tonic Co., JACK RUDY COCKTAIL CO.
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Scope of the Report:
The “Global Tonic Water Market Analysis to 2027” is a specialized and in-depth study of the tonic water industry with a special focus on the global market trend analysis. The report aims to provide an overview of tonic water market with detailed market segmentation by technology, type and geography. The global tonic water market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tonic water market players and offers key trends and opportunities in the market.
The global tonic water market is segmented on the basis of product type, application, and sales channel. Based on product type, the market is segmented into regular tonic water, low calorie tonic water, slimline tonic water and flavored and non-flavored. On the basis of application the market is segmented into medicinal purposes, alcoholic drinks and direct consumption. On the basis of sales channel the market is segmented into direct sales and retail sales.
The report also includes the profiles of key tonic water companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
What our report offers:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Tonic Water Market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Tonic Water Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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