Mexico Cocktail Mixers Market Size & Outlook, 2023-2030
Mexico cocktail mixers market, 2018-2030 (US$M)
Related Markets
Mexico cocktail mixers market highlights
- The Mexico cocktail mixers market generated a revenue of USD 192.6 million in 2021 and is expected to reach USD 424.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.2% 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 192.6 million |
| Market revenue in 2030 | USD 424.3 million |
| Growth rate | 9.2% (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, Mexico accounted for 2.2% 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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Mexico 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 43.72% in 2023. Horizon Databook has segmented the Mexico cocktail mixers market based on tonic water, club soda, ginger covering the revenue growth of each sub-segment from 2018 to 2030.
In Mexico, the cocktail mixers market is heavily influenced by the country's rich tradition of spirits and local flavors, particularly in relation to tequila and mezcal. These iconic Mexican spirits are driving the demand for mixers that complement their distinctive profiles, leading to the rise of flavorful, artisanal mixers that incorporate traditional ingredients like agave, tamarind, hibiscus, and lime.
Consumers are increasingly seeking mixers that enhance the natural qualities of tequila and mezcal, creating a market for high-end, premium mixers. Another key trend in Mexico is the growing interest in RTD cocktail mixers, particularly among urban populations. As convenience becomes a bigger factor in consumer purchasing decisions, the availability of pre-mixed cocktail kits and mixers has expanded.
These products allow consumers to easily prepare popular cocktails like margaritas, palomas, and mojitos at home. The increasing popularity of RTD mixers is also linked to the rise of home entertaining, with many people opting to host social gatherings at home rather than going out.
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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 Mexico cocktail mixers market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cocktail mixers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico cocktail mixers market size, by product, 2018-2030 (US$M)
Mexico Cocktail Mixers Market Outlook Share, 2023 & 2030 (US$M)
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