Global Ready To Drink Cocktails Market Size & Outlook
Global ready to drink cocktails market, 2018-2030 (US$M)
Related Markets
Global ready to drink cocktails market highlights
- The global ready to drink cocktails market generated a revenue of USD 942.7 million in 2023 and is expected to reach USD 2,429.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.5% by 2030.
- In terms of segment, spirit-based accounted for a revenue of USD 392.5 million in 2023.
- Spirit-based is the most lucrative alcohol base segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 942.7 million |
| Market revenue in 2030 | USD 2,429.9 million |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Spirit-based |
| Fastest growing segment | Spirit-based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wine-based, Spirit-based, Malt-based |
Other key industry trends
- In terms of revenue, the North America accounted for 33.6% of the global ready to drink cocktails market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 59.6 million by 2030.
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Ready To Drink Cocktails Market Scope
Ready To Drink Cocktails Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ready to drink cocktails 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 ready to drink cocktails market will help companies and investors design strategic landscapes.
Spirit-based was the largest segment with a revenue share of 41.64% in 2023. Horizon Databook has segmented the Global ready to drink cocktails market based on wine-based, spirit-based, malt-based covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ready To Drink Cocktails Type Outlook (Revenue, USD Million, 2018-2030)
- Malt-based
- Spirit-based
- Wine-based
- Global Ready To Drink Cocktails Packaging Outlook (Revenue, USD Million, 2018-2030)
- Bottles
- Cans
- Global Ready To Drink Cocktails Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Hypermarkets/Supermarkets
- Online
- Liquor Stores
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Our clientele includes a mix of ready to drink cocktails market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ready to drink cocktails market , including forecasts for subscribers. This global databook contains high-level insights into Global ready to drink cocktails market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global ready to drink cocktails market size, by regions, 2018-2030 (US$M)
Top 10 countries: Ready to drink cocktails market size, 2023 (US$M)
Global ready to drink cocktails market share, by type, 2023 & 2030 (%, US$M)
Ready to drink cocktails market: Opportunity assessment by country
Global ready to drink cocktails market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 412.9 | 470.1 | 535.4 | 690.1 | 790.2 | 908.9 | 1,043.8 | 1,200.3 | 1,382.0 | 1,593.5 | 1,839.7 | 2,126.8 | 2,462.0 | 15.3% |
| Europe | 390.3 | 442.8 | 502.5 | 647.5 | 739.0 | 844.5 | 966.7 | 1,107.9 | 1,275.7 | 1,466.0 | 1,686.9 | 1,943.6 | 2,257.4 | 15.1% |
| Asia Pacific | 292.1 | 337.8 | 390.8 | 513.3 | 595.1 | 690.7 | 799.7 | 930.7 | 1,084.4 | 1,265.0 | 1,477.4 | 1,727.6 | 2,007.4 | 16.5% |
| Latin America | 89.4 | 103.5 | 119.9 | 157.6 | 178.0 | 201.4 | 228.0 | 254.8 | 289.2 | 328.5 | 373.6 | 425.4 | 484.8 | 13.4% |
| MEA | 74.3 | 83.4 | 93.6 | 121.4 | 136.6 | 151.0 | 173.4 | 199.4 | 221.1 | 250.1 | 283.0 | 320.7 | 363.6 | 13.4% |
| Overall | 1,258.9 | 1,437.5 | 1,642.2 | 2,129.9 | 2,438.9 | 2,796.5 | 3,211.6 | 3,693.1 | 4,252.4 | 4,903.0 | 5,660.6 | 6,544.0 | 7,575.2 | 15.3% |
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