IMARC Group, a leading market research company, has recently releases report titled “Tonic Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global tonic water market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the Tonic water market?

The global tonic water market size reached US$ 800.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,187.2 Million by 2028, exhibiting a growth rate (CAGR) of 6.73% during 2023-2028.

What are Tonic water services?

Tonic water, also called Indian tonic water, is a carbonated beverage with a typically bitter flavor. It is derived from the bark of the cinchona tree and was initially used as a prophylactic drink against malaria, owing to the high quantities of quinine, an anti-malarial medication, dissolved in the soft drink. Tonic water can help in providing relief from cramps in the legs and alleviating stress. It is usually utilized in mixed drinks, such as in gin and tonic. Tonic water is also served with cocktails in numerous jello shot recipes to make the shot fluorescent.

Request for a PDF Sample of this Report: https://www.imarcgroup.com/tonic-water-market/requestsample

What are the growth prospects and trends in the Tonic water industry?

The rising popularity of the cocktail trend is one of the key factors driving the tonic water market. In addition to this, the increasing consumption of various alcoholic beverages, in particular premium spirits, is further stimulating the market growth. Moreover, the elevating number of bars, pubs, breweries, etc., across the globe is acting as another significant growth-inducing factor. Apart from this, the sudden outbreak of the COVID-19 pandemic is propelling the demand for online sales of tonic water. Furthermore, the launch of new and novel product variants, such as low-sugar or sugar-free drinks, to cater to the shifting preferences and tastes of health-conscious consumers is augmenting the global market. In line with this, the inflating consumption of diet tonic water is expected to stimulate the tonic water market in the coming years.

Who are the key players operating in the industry?

The report covers the major market players including: 

Bradley’s Tonic Co
East Imperial Beverage Corporation
El Guapo Bitters
Fentimans Ltd
Fevertree Drinks plc
Franklin & Sons Ltd
Keurig Dr Pepper Inc.
Q Tonic LLC
The Coca-Cola Company
The London Essence Company
White Rock Products Corporation

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Flavor:

Plain Tonic Water
Flavored Tonic Water

Breakup by Packaging Form:

Bottles
Cans

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others

Regional Insights:

Asia Pacific
North America
Europe
Middle East and Africa
Latin America

Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4615&flag=F

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163