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Global Ready-To-Drink Cocktails Market Forecast to 2030 - COVID-19 Impact and Analysis by Type (Malt-based, Spirit-based, and Wine-based); Packaging (Bottle and Can); Distribution Channel (Hypermarkets/Supermarkets, Liquor Stores, and Others); and Geography

  • Industry : Food & Beverage
  • No. of Pages : 180
  • Report Code : YVFB10175

Global Ready-To-Drink Cocktails Market Introduction

Ready-to-drink cocktails often known as RTD cocktails is a packaged alcoholic or nonalcoholic beverage are those sold in a prepared form and ready for consumption. RTD cocktails with lower alcohol by volume, health-focused flavors, and natural ingredients are likely to resonate with customers looking to make healthier choices.

Increasing demand for low content alcohol-based flavored drinks, owing to the rising health concerns expected to drive the growth of the ready-to-drink cocktails market. In addition, rising demand for natural ingredients, and innovative and ecological package design further propelling the market growth. Moreover, changing lifestyles coupled with the increased disposable income of the consumer also boosting the growth of the ready-to-drink cocktails market. However, varying taxation and regulations on ready-to-drink cocktails in various countries anticipated to hamper the ready-to-drink cocktails market growth. Premiumization of the product with improved quality, taste, flavors, and package design is further expected to influence the demand of the ready-to-drink cocktails market during the forecast period 2021-2030.

Global Ready-To-Drink Cocktails Market Overview

The global ready-to-drink cocktails market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The ready-to-drink cocktails market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global ready-to-drink cocktails market over the long as well as short period of time. Furthermore, the global ready-to-drink cocktails market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.


Global Ready-To-Drink Cocktails Market Insights

The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global ready-to-drink cocktails market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.

Market Mapping

Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the ready-to-drink cocktails market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.


COVID-19 Impact on Global Ready-To-Drink Cocktails Market

The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global ready-to-drink cocktails market.

With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:

·        Rapid shifts in top 100 companies across each sector

·        Growth and decline in each sector due to the COVID-19 pandemic

Global Ready-To-Drink Cocktails Market Segmentation

 

Global Ready-To-Drink Cocktails Market – by Type

·        Malt-based

·        Spirit-based

·        Wine-based

Global Ready-To-Drink Cocktails Market – by Packaging 

·        Bottle

·        Cans

Global Ready-To-Drink Cocktails Market – by Distribution Channel

·        Supermarkets/Hypermarkets

·        Liquor Stores

·        Online

Global Ready-To-Drink Cocktails Market – by Region

·        North America

o   US

o   Canada

o   Mexico

·        Europe

o   Germany

o   France

o   Italy

o   UK

o   Russia

o   Spain

o   Netherlands

o   Rest of Europe

·        Asia-Pacific (APAC)

o   China

o   India

o   South Korea

o   Japan

o   Australia

o   Singapore

o   Rest of APAC

·        LAMEA

o   Latin America

o   Middle East

o   Africa

Key Players

1.      Asahi Group Holdings, Ltd.

2.      Bacardi Ltd.

3.      Brown-Forman

4.      Crook & Marker LLC.

5.      Diageo plc 

6.      Dogfish Head Craft Brewery Inc

7.      East London Liquor Company (ELLC)

8.      Halewood Wines & Spirits

9.      Hella Cocktail Co. 

10.   Manchester Drinks

11.   Molson Coors Beverage Co.

12.   Ohza

13.   Pernod Ricard

14.   Shanghai Bacchus Liquor Co., Ltd.

15.   Suntory Holdings Ltd.

Brand Recall

Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the ready-to-drink cocktails market.


Key Questions Answered

·        Which region provides more business opportunities for the global ready-to-drink cocktails market in the upcoming years?

·        Who is the leading overall ready-to-drink cocktails market, and what strategies have been adopted by them?

·        Which segment accounted for the largest ready-to-drink cocktails market share?

·        What are the upcoming trends in the global ready-to-drink cocktails market? What impact would these trends make in the coming years for the ready-to-drink cocktails market?

·        Which player offering the best product range for the global ready-to-drink cocktails market?

Key Benefits for Stakeholders

·        This study presents the analytical description of the ready-to-drink cocktails market analysis along with the current trends and future estimations to describe coming up investment pockets

·        The complete ready-to-drink cocktails market opportunity is resolute by knowing profitable trends to gain a stronger foothold

·        The report describes insights associated with key drivers, restraints, opportunities, and trends of the global ready-to-drink cocktails market with thorough impact analysis

·        The global ready-to-drink cocktails market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability

·        PEST analysis defines the potency of the consumers and suppliers in the global ready-to-drink cocktails market

·        Porter’s five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global ready-to-drink cocktails market

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