China Cocktail Mixers Market Size & Outlook, 2023-2030
China cocktail mixers market, 2018-2030 (US$M)
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China cocktail mixers market highlights
- The China cocktail mixers market generated a revenue of USD 502.4 million in 2021 and is expected to reach USD 1,127.2 million by 2030.
- The China market is expected to grow at a CAGR of 9.4% 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 502.4 million |
| Market revenue in 2030 | USD 1,127.2 million |
| Growth rate | 9.4% (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, China accounted for 5.8% 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 Asia Pacific, China cocktail mixers market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 787.7 million by 2030.
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Cocktail Mixers Market Scope
Cocktail Mixers Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 44.82% in 2023. Horizon Databook has segmented the China cocktail mixers market based on tonic water, club soda, ginger covering the revenue growth of each sub-segment from 2018 to 2030.
In China, the cocktail mixers market is experiencing rapid growth, driven by the increasing popularity of cocktail culture in urban centers. Younger consumers, particularly millennials and Gen Z, are showing a keen interest in exploring cocktails, both at bars and at home.
The demand for premium mixers is on the rise, with an emphasis on exotic flavors that cater to evolving tastes. Fruit-based mixers featuring ingredients like lychee, dragon fruit, and mango are particularly popular, aligning with local preferences for bold and vibrant flavors.
Another significant trend in China is the growing interest in non-alcoholic cocktails and low-alcohol beverages. The sober-curious movement is gaining momentum, especially among health-conscious consumers who are looking to reduce their alcohol intake.
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Our clientele includes a mix of cocktail mixers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China cocktail mixers market , including forecasts for subscribers. This country databook contains high-level insights into China cocktail mixers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cocktail mixers market size, by product, 2018-2030 (US$M)
China Cocktail Mixers Market Outlook Share, 2023 & 2030 (US$M)
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