Japan Ready To Drink Cocktails Market Size & Outlook

The ready to drink cocktails market in Japan is expected to reach a projected revenue of US$ 497.8 million by 2030. A compound annual growth rate of 16.7% is expected of Japan ready to drink cocktails market from 2024 to 2030.
Revenue, 2023 (US$M)
$168.5
Forecast, 2030 (US$M)
$497.8
CAGR, 2024 - 2030
16.7%
Report Coverage
Japan

Japan ready to drink cocktails market highlights

  • The Japan ready to drink cocktails market generated a revenue of USD 56.8 million in 2023 and is expected to reach USD 165.3 million by 2030.
  • The Japan market is expected to grow at a CAGR of 16.5% from 2024 to 2030.
  • In terms of segment, spirit-based was the largest revenue generating alcohol base in 2023.
  • Spirit-based is the most lucrative alcohol base segment registering the fastest growth during the forecast period.


Ready to drink cocktails market data book summary

Market revenue in 2023USD 56.8 million
Market revenue in 2030USD 165.3 million
Growth rate16.5% (CAGR from 2023 to 2030)
Largest segmentSpirit-based
Fastest growing segmentSpirit-based
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWine-based, Spirit-based, Malt-based
Key market players worldwideDiageo PLC, Brown-Forman Corp Class A, Bacardi, Asahi Group Holdings Ltd, Pernod Ricard SA, Anheuser-Busch InBev SA/NV, Suntory Holdings, The Absolut Company, House of Delola, Halewood International, Shanghai Bairun Investment Holding Group


Other key industry trends

  • In terms of revenue, Japan accounted for 6.0% of the global ready to drink cocktails market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China ready to drink cocktails market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 165.3 million by 2030.

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Ready To Drink Cocktails Market Scope

Ready To Drink Cocktails Market Companies

Name Profile # Employees HQ Website

Japan 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 70.42% in 2023. Horizon Databook has segmented the Japan 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.


Japanese consumers are increasingly shifting from traditional alcoholic beverages like sake and beer to more convenient and lower-alcohol options, such as RTD cocktails. This shift is driven by a growing preference for lighter, more refreshing drinks, particularly among younger consumers and women. Ja an’s fast-paced, urban lifestyle has heightened the demand for convenient beverage options.

RTD cocktails, which are pre-mixed and ready to consume, cater to busy individuals who prefer to enjoy a drink without the hassle of preparation, whether at home, on the go, or in social settings. Japanese consumers have a strong preference for novel and diverse flavors.

The introduction of unique and localized flavors in RTD cocktails, such as yuzu, ume (plum), and shiso (perilla), has attracted a broad consumer base. These innovations cater to the local palate and increase consumer interest.

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Horizon Databook provides a detailed overview of country-level data and insights on the Japan ready to drink cocktails market , including forecasts for subscribers. This country databook contains high-level insights into Japan ready to drink cocktails market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Japan ready to drink cocktails market size, by type, 2018-2030 (US$M)

Japan Ready To Drink Cocktails Market Outlook Share, 2023 & 2030 (US$M)

Japan ready to drink cocktails market size, by type, 2018-2030 (US$M)

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