Market revenue in 2021 | USD 172.3 million |
Market revenue in 2030 | USD 392.8 million |
Growth rate | 9.6% (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 |
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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 45.79% in 2023. Horizon Databook has segmented the South Africa cocktail mixers market based on tonic water, club soda, ginger covering the revenue growth of each sub-segment from 2018 to 2030.
In South Africa, the cocktail mixers market is growing alongside the country’s vibrant cocktail culture, particularly in urban centers like Cape Town and Johannesburg. South African consumers are showing an increasing interest in premium mixers that can be used to create sophisticated cocktails at home.
There is a preference for mixers with bold, exotic flavors, including local ingredients such as baobab, rooibos, and marula, which offer unique twists on classic cocktails. The health and wellness trend is also influencing the cocktail mixers market in South Africa.
As more consumers adopt healthier lifestyles, there is a growing demand for low-sugar and natural mixers that use organic ingredients and are free from artificial additives. The rise of non-alcoholic cocktails (mocktails) is also notable, with consumers looking for sophisticated alternatives to traditional alcoholic beverages.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa cocktail mixers market , including forecasts for subscribers. This country databook contains high-level insights into South Africa cocktail mixers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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