UK Ready To Drink Cocktails Market Size & Outlook
UK ready to drink cocktails market, 2018-2030 (US$M)
Related Markets
UK ready to drink cocktails market highlights
- The UK ready to drink cocktails market generated a revenue of USD 58.1 million in 2023 and is expected to reach USD 161.2 million by 2030.
- The UK market is expected to grow at a CAGR of 15.7% 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.
Ready to drink cocktails market data book summary
| Market revenue in 2023 | USD 58.1 million |
| Market revenue in 2030 | USD 161.2 million |
| Growth rate | 15.7% (CAGR from 2023 to 2030) |
| Largest segment | Malt-based |
| Fastest growing segment | Spirit-based |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 6.2% of the global ready to drink cocktails market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK ready to drink cocktails market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 161.2 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 |
|---|
UK 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 54.22% in 2023. Horizon Databook has segmented the UK 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 RTD (Ready-To-Drink) cocktail market in the UK is experiencing rapid growth, driven by consumer demand for convenience in their alcoholic beverages. With a busy lifestyle becoming the norm, more people are opting for the ease of pre-mixed cocktails that can be enjoyed without the need for preparation.
As a result, the RTD sector is expected to expand faster than the overall alcohol industry, thanks to its strong compound annual growth rate. The low- and no-alcohol segments within the RTD market are particularly thriving, with projections indicating an annual growth rate of 7.1% through 2024, according to IWSR Analysis.
This growth is fueled by an increasing number of UK consumers who are adopting healthier lifestyles and are interested in sophisticated non-alcoholic beverages. The shift towards low-alcohol and alcohol-free options reflects a broader change in consumer preferences, as more people seek beverages that complement a balanced lifestyle while still providing enjoyable flavors.
Reasons to subscribe to UK 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 UK 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 country-level data and insights on the UK ready to drink cocktails market , including forecasts for subscribers. This country databook contains high-level insights into UK ready to drink cocktails market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK ready to drink cocktails market size, by type, 2018-2030 (US$M)
UK 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
