Tonic Water Market Share, Demand, Report and Forecast Till 2027

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IMARC Group, a leading market research company, has recently releases report titled “Tonic Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the global tonic water market share, size, 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?

Report Attributes	Details
Market Size in 2021	US$ 748.9 Million
Market Forecast in 2027	US$ 1,117.0 Million
Growth rate (2022 to 20267)	CAGR of 6.83%
Base Year of the Analysis	2021
Forecast Period	2022-2027

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.

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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

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.

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