Canada Cocktail Mixers Market Size & Outlook, 2023-2030
Canada cocktail mixers market, 2018-2030 (US$M)
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Canada cocktail mixers market highlights
- The Canada cocktail mixers market generated a revenue of USD 269.5 million in 2021 and is expected to reach USD 640.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.1% from 2022 to 2030.
- In terms of segment, tonic water was the largest revenue generating product in 2021.
- Club Soda is the most lucrative product segment registering the fastest growth during the forecast period.
Cocktail mixers market data book summary
| Market revenue in 2021 | USD 269.5 million |
| Market revenue in 2030 | USD 640.7 million |
| Growth rate | 10.1% (CAGR from 2021 to 2030) |
| Largest segment | Tonic water |
| Fastest growing segment | Club Soda |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tonic Water, Club Soda, Ginger |
| Key market players worldwide | Fevertree Drinks PLC, Keurig Dr Pepper Inc, The Coca-Cola Company, Britvic PLC, Coca-Cola Co |
Other key industry trends
- In terms of revenue, Canada accounted for 3.1% of the global cocktail mixers market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cocktail mixers market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 640.7 million by 2030.
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Cocktail Mixers Market Scope
Cocktail Mixers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada cocktail mixers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cocktail mixers market will help companies and investors design strategic landscapes.
Tonic water was the largest segment with a revenue share of 44.94% in 2023. Horizon Databook has segmented the Canada cocktail mixers market based on tonic water, club soda, ginger covering the revenue growth of each sub-segment from 2018 to 2030.
In Canada, the cocktail mixers market is evolving as consumers increasingly prefer natural and organic mixers. With the rise in awareness around sustainability and healthy living, there has been a marked shift toward mixers made with local ingredients and minimal processing.
Canadian consumers are showing a growing interest in products that are eco-friendly, both in terms of ingredient sourcing and packaging. Many brands are capitalizing on this trend by offering mixers that are not only organic but also packaged in environmentally responsible materials such as glass bottles and recyclable packaging.
A significant growth driver in Canada is the rise of craft cocktails and the expanding market for premium mixers that cater to discerning consumers. The craft beverage industry has gained considerable momentum, and with it, the demand for high-quality mixers that pair well with artisanal spirits.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada cocktail mixers market , including forecasts for subscribers. This country databook contains high-level insights into Canada cocktail mixers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada cocktail mixers market size, by product, 2018-2030 (US$M)
Canada Cocktail Mixers Market Outlook Share, 2023 & 2030 (US$M)
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