Tonic Water Market: 2020 Worldwide Opportunities, Market Share, Key Players and Competitive Landscape

Tonic Water Market Insights:

The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers.

Major Players in Tonic Water Market:

The leading players in the Tonic Water Market:

FENTIMANS
Fever-Tree
Keurig Dr Pepper
Q MIXERS
THE COCA-COLA COMPANY
White Rock Products Corporation
Zevia
Asahi Group Holdings, Ltd.

Key Drivers of Tonic Water Market:

Growing consumption of alcoholic beverages such as vodka, gin, and other several cocktails is a key factor surging the growth of the global tonic water market in the upcoming years. Furthermore, tonic water contains the right amount of quinine, which decreases the chances of malaria and other leg associated medical issues. These medicinal properties are projected to boost market growth over the forecast period. Tonic water is one of the largest consumed soft drinks with spirits around the world. Various beverages have a strong base of tonic water, which offers a bitter edge to cocktails. Tonic water is also broadly consumed as a healthy drink due to quinine substance, which is a medication used to treat babesiosis and malaria. Manufacturers in the market are providing a wide range of products with flavors and added sugars. These innovative benefits regarding tonic water are also fuelling the product’s demand globally.

The tonic water market has gained sustainable growth due to the rising disposable income of people driven by rapid industrialization, economic growth, and shifting lifestyle of people, which leads to the socialization of people and parties, followed by the increasing perception that alcoholic drinks relax the mind. In addition to this, the influence of social media and the internet on people's lifestyle positively impacts market growth. On the other hand, the rising cost of production and availability of alternative products in the market are certain factors hindering the growth of the tonic water market.

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Tonic Water Market Segmentation:

The tonic water market has been segmented into the following categories:

Tonic Water Market by Product Type:

Regular
Diet

Tonic Water Market by Distribution Channel:

Supermarket/hypermarket & Convenience stores
Online Retailers
Others

Tonic Water Market by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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