Asia Pacific Ready To Drink Cocktails Market Size & Outlook

The ready to drink cocktails market in Asia Pacific is expected to reach a projected revenue of US$ 2,007.4 million by 2030. A compound annual growth rate of 16.5% is expected of Asia Pacific ready to drink cocktails market from 2024 to 2030.
Revenue, 2023 (US$M)
$690.7
Forecast, 2030 (US$M)
$2,007.4
CAGR, 2024 - 2030
16.5%
Report Coverage
Asia Pacific

Asia Pacific ready to drink cocktails market highlights

  • The Asia Pacific ready to drink cocktails market generated a revenue of USD 221.1 million in 2023.
  • The market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
  • In terms of segment, spirit-based was the largest revenue generating alcohol base in 2023.
  • Spirit-based is the most lucrative alcohol base segment registering the fastest growth during the forecast period.
  • Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 221.1 million
Market revenue in 2030USD 614.8 million
Growth rate15.7% (CAGR from 2023 to 2030)
Largest segmentSpirit-based
Fastest growing segmentSpirit-based
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWine-based, Spirit-based, Malt-based
Key market players worldwideDiageo PLC, Brown-Forman Corp Class A, Bacardi, Asahi Group Holdings Ltd, Pernod Ricard SA, Anheuser-Busch InBev SA/NV, Suntory Holdings, The Absolut Company, House of Delola, Halewood International, Shanghai Bairun Investment Holding Group


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 23.5% of the global ready to drink cocktails market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 614.8 million by 2030.

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Ready To Drink Cocktails Market Scope

Ready To Drink Cocktails Market Companies

Name Profile # Employees HQ Website

Asia Pacific ready to drink cocktails market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ready to drink cocktails market will help companies and investors design strategic landscapes.


Spirit-based was the largest segment with a revenue share of 70.47% in 2023. Horizon Databook has segmented the Asia Pacific ready to drink cocktails market based on wine-based, spirit-based, malt-based covering the revenue growth of each sub-segment from 2018 to 2030.


The Asia Pacific ready-to-drink (RTD) cocktails market is experiencing significant growth, driven by several key factors. Increasing consumer preference for convenience and ready-to-serve alcoholic beverages is a major driver. The region's young, urban population, who are more open to experimenting with new flavors and products, further fuels demand.

Trends in the market include a growing interest in premium and craft RTDs, which offer unique and high-quality flavor profiles. There's also a notable shift towards lower-alcohol and low-calorie options, catering to health-conscious consumers. Additionally, the rise of e-commerce and online delivery platforms has expanded market access, making RTDs more widely available.

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Target buyers of Asia Pacific ready to drink cocktails market databook

  • Our clientele includes a mix of ready to drink cocktails market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ready to drink cocktails market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ready to drink cocktails market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific ready to drink cocktails market size, by country, 2018-2030 (US$M)

Asia Pacific Ready To Drink Cocktails Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific ready to drink cocktails market size, by country, 2018-2030 (US$M)

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