Europe Ready To Drink Cocktails Market Size & Outlook
Europe ready to drink cocktails market, 2018-2030 (US$M)
Related Markets
Europe ready to drink cocktails market highlights
- The Europe ready to drink cocktails market generated a revenue of USD 256.6 million in 2023.
- The market is expected to grow at a CAGR of 14.2% from 2024 to 2030.
- In terms of segment, malt-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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 256.6 million |
| Market revenue in 2030 | USD 650.0 million |
| Growth rate | 14.2% (CAGR from 2023 to 2030) |
| Largest segment | Malt-based |
| Fastest growing segment | Spirit-based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wine-based, Spirit-based, Malt-based |
| Key market players worldwide | Diageo 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, Europe region accounted for 27.2% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Ready To Drink Cocktails Market Scope
Ready To Drink Cocktails Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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.
Malt-based was the largest segment with a revenue share of 54.25% in 2023. Horizon Databook has segmented the Europe 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.
RTD cocktails are gaining popularity in Europe due to their reputation for delivering excellent taste. By combining various alcoholic bases like wine or spirits with mixers such as ginger ale, tonic, syrups, and fruit juices, product developers can create a wide array of new flavors that align with current trends and consumer preferences.
These colorful and vibrant RTD drinks cater to the modern consumer's desire for novel and exciting taste experiences, appealing to those who seek variety and innovation in their beverage choices. The increasing popularity of low-alcohol and wine-based options is also driving the Europe market.
Companies are expanding their portfolios to include these alternatives, which appeal to health conscious consumers looking for lighter drinks without compromising on flavor. The rise of non-alcoholic RTDs is further contributing to market growth, providing more choices for those who prefer to avoid alcohol entirely.
Reasons to subscribe to Europe ready to drink cocktails market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe 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.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ready to drink cocktails market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ready to drink cocktails market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe ready to drink cocktails market size, by country, 2018-2030 (US$M)
Europe Ready To Drink Cocktails Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
