Non alcoholic Cocktail Market Scope
Non-alcoholic Cocktail, especially ones with only a dash of juice and/or diet tonic, can be as low as 50 calories while still offering plenty of flavor.Non-alcoholic Cocktail made with fresh and/or organic juices like pomegranate, orange, mango, and cranberry are high in antioxidants and vitamin C, and contain none of the corn syrup found in colas and many drink mixers.Whether make them from scratch or order those from a restaurant, Non-alcoholic Cocktail eliminate the most expensive ingredient alcohol.Pregnant women, persons on certain medications or who have chronic diseases, designated drivers, youngsters, and even dedicated prohibitionists can all enjoy Non-alcoholic Cocktail, making next party or dinner gathering extremely appealing to both drinkers and non-drinkers.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | LVMH(France), NESTLE AG(Switzerland), COCA-COLA COMPANY(United States), PEPSICO(United States), MCDONALD'S CORPORATION(United States), STARBUCKS CORPORATION(United States), REYES HOLDINGS(United States), ANHEUSER-BUSCH INBEV(Belgium), MONDELEZ INTERNATIONAL(United States) and NONGFU SPRING(China) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Non alcoholic Cocktail market throughout the predicted period.
LVMH(France), NESTLE AG(Switzerland), COCA-COLA COMPANY(United States), PEPSICO(United States), MCDONALD'S CORPORATION(United States), STARBUCKS CORPORATION(United States), REYES HOLDINGS(United States), ANHEUSER-BUSCH INBEV(Belgium), MONDELEZ INTERNATIONAL(United States) and NONGFU SPRING(China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Casamara Club(United States), TÖST(United States), Jukes Cordialities(United Kingdom), Curious Elixirs(United States) and Athletic Brewing Co.Run Wild (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Non alcoholic Cocktail market by Type and Region with country level break-up.
On the basis of geography, the market of Non alcoholic Cocktail has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On 26 February 2021PepsiCo is launching a line of cocktail mixers under a new brand, Neon Zebra, as trends continue to show more consumers drinking at home
On 15 January 2019 Coca-Cola introduces nonalcoholic cocktail-inspired drinks. Coca Cola’s new non-alcoholic cocktail concept, Bar None, is being rolled out in Atlanta, according to Atlanta Magazine. The beverage comes in four flavors: Sangria, Bellini Spritz, Dry Aged Cider and Ginger Mule.
Influencing Trend:
Rising Popularity Of Flavored Nonalcoholic Cocktail Among People
Market Growth Drivers:
Surge In Nonalcoholic Cocktail Consumption Due To Increase In Disposable Income And Change In Lifestyle
Challenges:
High Cost Associated To Non Alcoholic Cocktail
Restraints:
Concern Of Liver Damage And Diabetes Of Over Consumption Of Non-Alcoholic Cocktail and Presence Of Alternative Product At Low Price In Market
Opportunities:
Increasing Usage Of Product In Parties And Various Occasion and Nonalcoholic Cocktail Is Drinking Of All Age Group
Key Target Audience
Non alcoholic Cocktail Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others