The Premix Cocktails Global Market Report 2023 by The Business Research Company, provides premix cocktails market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Premix Cocktails Global Market Report 2023, the market size will grow from $20.29 billion in 2022 to $21.21 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global premix cocktails is expected to grow to $25.29 billion in 2027 at a CAGR of 4.5%.
Increasing consumer preferences for healthy drinks with low alcohol content is projected to boost the demand for premix cocktails over the forthcoming years.
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The premix cocktails market is segmented:
1) By Product Type: Rum, Whiskey, Vodka, Wine, Other Product Types
2) By Flavor: Fruits, Spiced, Other Flavors
3) By Distribution Channel: Hyper/Supermarket, Departmental Stores, Specialty Stores, Online Retailers
The bars are increasingly preparing premixes of cocktails and are refrigerating them to serve customers on request. The bartenders are mixing the cocktails ahead of the order and are prebatching them, giving them time to interact with the customers and make sure they have the best experience. For instance, Mister Paradise, a bar and restaurant in Manhattan, premixes a cocktail called Café Disco and serves it to its clients when ordered. Moreover, bartenders are increasingly selling their premixes outside of the bar as well.
The premix cocktails market report table of contents includes:
1. Executive Summary
2. Premix Cocktails Market Characteristics
3. Premix Cocktails Market Trends And Strategies
4. Premix Cocktails Market – Macro Economic Scenario
5. Premix Cocktails Market Size And Growth
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26. Africa Premix Cocktails Market
27. Premix Cocktails Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Premix Cocktails Market
29. Premix Cocktails Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Bacardi & Company Limited
- Diageo PLC
- Heineken NV
- Altia Oyj
- Carlsberg A/S
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