Spain Cocktail Mixers Market Size & Outlook, 2023-2030
Spain cocktail mixers market, 2018-2030 (US$M)
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Spain cocktail mixers market highlights
- The Spain cocktail mixers market generated a revenue of USD 257.2 million in 2021 and is expected to reach USD 517.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 8.1% 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 257.2 million |
| Market revenue in 2030 | USD 517.2 million |
| Growth rate | 8.1% (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, Spain accounted for 3.0% 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 Europe, Germany cocktail mixers market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 688.1 million by 2030.
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Cocktail Mixers Market Scope
Cocktail Mixers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 43.97% in 2023. Horizon Databook has segmented the Spain cocktail mixers market based on tonic water, club soda, ginger covering the revenue growth of each sub-segment from 2018 to 2030.
Spain’s cocktail mixers market is influenced by the country’s thriving social drinking culture, where beverages like gin and tonic and sangria are widely enjoyed. The premiumization of mixers, particularly for gin and tonic, has been a major driver of growth, with consumers seeking high-end, artisanal mixers that enhance the flavors of their favorite spirits.
Spanish consumers are gravitating towards mixers that incorporate Mediterranean flavors, such as citrus fruits, herbs, and spices, which resonate with the country’s culinary traditions. A key trend in Spain is the rising popularity of ready-to-drink (RTD) cocktails and pre-mixed mixers, especially among younger consumers.
As convenience becomes a more significant factor in purchasing decisions, there is growing demand for products that allow consumers to easily prepare cocktails at home or on the go. The RTD cocktail segment has expanded significantly in Spain, with brands introducing a wide variety of flavors to cater to popular cocktail preferences like mojitos, daiquiris, and margaritas.
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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 Spain cocktail mixers market , including forecasts for subscribers. This country databook contains high-level insights into Spain cocktail mixers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain cocktail mixers market size, by product, 2018-2030 (US$M)
Spain Cocktail Mixers Market Outlook Share, 2023 & 2030 (US$M)
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