North America Tonic Water Market Size & Outlook, 2019-2027

The tonic water market in North America is expected to reach a projected revenue of US$ 972.3 million by 2027. A compound annual growth rate of 7.1% is expected of North America tonic water market from 2020 to 2027.
Revenue, 2019 (US$M)
$561.5
Forecast, 2027 (US$M)
$972.3
CAGR, 2020 - 2027
7.1%
Report Coverage
North America

North America tonic water market highlights

  • The North America tonic water market generated a revenue of USD 561.5 million in 2019.
  • The market is expected to grow at a CAGR of 7.1% from 2020 to 2027.
  • In terms of segment, regular was the largest revenue generating product in 2019.
  • Diet is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.

North America data book summary

Market revenue in 2019USD 561.5 million
Market revenue in 2027USD 972.3 million
Growth rate7.1% (CAGR from 2019 to 2027)
Largest segmentRegular
Fastest growing segmentDiet
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationRegular, Diet
Key market players worldwideKeurig Dr Pepper Inc, The Coca-Cola Company, Monster Beverage Corp, Zevia PBC Class A, Asahi Group Holdings Ltd, HansenGroup, Fevertree Drinks PLC, Coca-Cola Co, Fentimans North America, Q Mixers

Other key industry trends

  • In terms of revenue, North America region accounted for 32.6% of the global tonic water market in 2019.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 675.1 million by 2027.

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Tonic Water Market Companies

Name Profile # Employees HQ Website

North America tonic water 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 tonic water market will help companies and investors design strategic landscapes.


Regular was the largest segment with a revenue share of 74.39% in 2019. Horizon Databook has segmented the North America tonic water market based on regular, diet covering the revenue growth of each sub-segment from 2016 to 2027.


  • North America Tonic Water Product Outlook (Revenue, USD Million, 2016-2027)
    • Regular
    • Diet
  • North America Tonic Water Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Hypermarket & Supermarket
    • On-trade
    • Online
    • Others

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Target buyers of North America tonic water market databook

  • Our clientele includes a mix of tonic water market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 continent-level data and insights on the North America tonic water market, including forecasts for subscribers. This continent databook contains high-level insights into North America tonic water market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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North America tonic water market size, by country, 2016-2027 (US$M)

North America Tonic Water Market Share, 2019 & 2027 (US$M)

North America tonic water market size, by country, 2016-2027 (US$M)

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