Market Highlights: Tonic water (Indian tonic water) is a carbonated drink which contains quinine as a major ingredient. Tonic water has been originally used as a prophylactic against malaria, now has a meaningfully lower quinine content. It is consumed for its unique bitter flavor. It is frequently used in mixed drinks, mainly in gin & vodka-based alcoholic drinks. It is often consumed with regular content or combined with alcohol or fruit juice. Traditional tonic water comprises added sugar, while diet tonic water contains artificial sweeteners. Diet tonic water holds very less calories. It can be consumed as a mixer with alcoholic drinks or for the crisp flavour and bubbles. The main benefit is to offer rehydration from drinking water. Various types of tonic water is available in the market including regular tonic water, diet tonic water, herb/essential oil-infused tonic water, as well as flavored tonic water and others. Growing inclination towards direct consumption of tonic water and increasing disposable income of people with industrialization & economic growth are the driving factors for the growth of global tonic water market. The market study is being classified by Type (Regular Tonic Water, Diet Tonic Water, Herb/Essential Oil-Infused Tonic Water, Flavored Tonic Water and Others), by Application (Alcoholic Drinks (gin and others) and Direct Consumption) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Tonic Water are Fever Tree (United Kingdom), Dr Pepper Snapple Group (United States), PepsiCo, Inc. (United States) (SodaStream International Ltd.), Fentimans (United Kingdom), The Coca-Cola Company (United States), White Rock Beverages Inc. (United States), Diageo plc (United Kingdom), Monster Beverage Corporation (United States), Bermondsey Tonic Water (United Kingdom) and Bradleys Tonic Co. (United States).
The Distribution Channel, such as Supermarkets/Hypermarkets, is boosting the Tonic Water market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Men, is boosting the Tonic Water market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Key Questions Answered in the Report What will the Tonic Water Market size and the growth rate be in Future? What are the key factors driving the Tonic Water Market? What are the key market trends and macro-economic impacting the growth of the Tonic Water Market? What are the challenges to market growth? Who are the key vendors in the Tonic Water Market? What are the market opportunities and threats faced by the vendors in the Tonic Water Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Tonic Water Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tonic Water market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tonic Water market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tonic water Producers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations and End Users. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.