Research Reports
Top 5 Things to Watch in Canned Cocktails Market Over the Forecast
Published : 3 years ago, on
Demand for Powdered Beverages is Gaining Momentum in the U.S.
Beverage industry in the U.S. is witnessing surge in demand with the resumption of lockdown restrictions. Restaurants, shopping centers, workplaces, and universities are opening, resulting in pre-pandemic demand for various types of beverages. Busy lifestyles and hectic schedules are common among U.S. citizens. Coupled with this, maintaining health and wellness has become a key concern for consumers. Owing to these factors, powdered beverage demand is surging in the country. The Canned Cocktails market survey offers insights on the most pertitent aspects concerning future demand and sales trajectory of Canned Cocktails.
“The ongoing COVID-19 pandemic will slightly affect the growth of the canned cocktails market in the near term, which is otherwise set to expand at am impressive CAGR of 20% through 2030,”says a Fact.MR analyst.
Convenience factors and low costs associated with powdered beverages are emerging as the most-preferred solution for busy health enthusiasts in the country. Additionally, these beverages are easily available and do not possess specific temperature requirements, thereby making them fit for shelf-stocking, traveling, camping, and similar occasions. Leading players operating in the beverage industry such as Nestle, Kraft, and Kargill are incorporating nutritional benefits in their novel products, including protein content, organic ingredients, plant-based additive, and pea protein to tap into the current need of the market, augmenting the growth of the beverage industry.
Request a report sample to gain comprehensive market insights at
https://www.factmr.com/connectus/sample?flag=S&rep_id=4079
The canned cocktails market is anticipated to witness a notable upsurge during the forecast period of 2020 to 2030, conferring to a new Fact.MR study. The study promotes crucial trends that are presently determining the growth of the canned cocktails market. This newly published and perceptive report sheds light on vital dynamics that are likely to convert the future of the market, in turn, generating worthwhile opportunities for key companies as well as evolving players who are interested in the manufacturing of canned cocktails.
The global canned cocktails market study is a detailed market intellect on key revenue progression factors, challenges, industry trends, and opportunities, which will eventually influence the growth of the canned cocktails market. The report primarily conveys a summary of the canned cocktails market, considering present and upcoming industry scenarios, to reveal striking sides relating to the acceptance of canned cocktails across prominent regional markets.
A detailed assessment of few canned cocktails market companies accessible in the report allows report readers to obtain detailed findings that have resulted from canned cocktails chain analysis, business execution, and value chain analysis across regional markets incorporated in the report. A list of prominent companies functioning within the canned cocktails market provided in the report enhances the reliability of this ample research study.
Get Customization on this Research Report for specific research solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=4079
Product Launches to Enhance Market Resiliency
Key players in the canned cocktails market are
Duvel Moortgat NV
Brown-Forman
Diageo Plc
AB InBev
The Cooper Spirits Company
Bacardi Limited
Pernod Ricard
AG Barr
Becle
S.A.B. de C.V.
The Boston Beers Company
Dulce Vida
Novo Fogo
Manchester Drinks Co.
34 North Cocktails Company
Kwoon by Woods among others.
Some of the key developments in the market include:
In 2019, Duluth’s Vikre Distillery, under the brand ‘Frenchie’, Lemongrass, rolled out fruit- and vodka-based canned cocktails by Sheboygan.
Canned cocktails has observed an ascent in female consumers, as makers such as ‘Malibu’ by Pernod Ricard and ‘Rosé All Day’ by Big Hammer Wines have come out with mixed drinks with flavors normally preferred by females, such as strawberries and roses.
Key Takeaways from Canned Cocktails Market Study
Europe dominates the global canned cocktails market with a projected share of over 40% in 2020. In particular, ready-to-drink canned cocktails are capturing customer attention and fuelling growth in the region.
The canned cocktails market in South Asia and Oceania is likely to experience high growth in the future, owing to increasing demand for alcoholic beverages in the region.
Regional cocktails with primary ingredients other than spirits, wine, and malts are likely to experience high growth in the future, owing to increasing demand for the regional alcoholic beverages across the world.
Non-alcoholic additive ingredients hold a major share of over 70% in the global market, and are likely to continue to maintain their dominating position throughout the forecast period as well.
Canned cocktails sold through retail stores hold a major share in the global canned cocktails market, but are likely to lose their dominating position to hypermarkets/ supermarkets during the forecast period.
Explore All Opportunities of Canned Cocktails Market:
https://www.factmr.com/checkout/4079
Canned Cocktails Market: Segmentation
FactMR’s study has done the segmentation of the canned cocktails market on the basis of the primary ingredient, additive ingredient, can size, alcoholic content, distribution channel, and region.
Primary Ingredient
Malt-based
Spirit-based
Wine-based
Others
Additive Ingredient
Alcoholic
Non-alcoholic
Fruits
Caffeine
Others
Can Size
Less than 250 ml
250 – 350 ml
More than 350 ml
Alcoholic Content
Less than 5%
5-8%
More than 8%
Distribution Channel
Liquor Stores
Hypermarkets
Retail Stores
Online Channels
Others
Region
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
Explore Fact.MR’s Coverage on the Food & Beverages Domain
High Calcium Fortified Food Market: A recent study by Fact.MR on the High Calcium Fortified Food Market offers a 10-year forecast analysis for the period 2020 – 2030. The study analyzes key trends that are currently influencing the growth of the market. This report covers key dynamics, including drivers, restraints, and opportunities for leading market players along with key stakeholders and emerging players.
String Cheese Market: Fact.MR’s extensive coverage of the Tape on String Cheese Market offers in-depth insights into the prominent growth dynamics that are likely to aid the expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.
Protein Ice Cream Market: The Protein Ice Cream Market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities, and trends expected to shape future expansion outlooks. The report provides a comprehensive assessment of the prominent segments and geographies which are likely to benefit market players in the forthcoming years.
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: [email protected]
Website: https://www.factmr.com
The post Top 5 Things to Watch in Canned Cocktails Market Over the Forecast appeared first on TOP NEWS PRESS.
