UK Ready To Drink Cocktails Market Size & Outlook

The ready to drink cocktails market in UK is expected to reach a projected revenue of US$ 555.3 million by 2030. A compound annual growth rate of 16.6% is expected of UK ready to drink cocktails market from 2024 to 2030.
Revenue, 2023 (US$M)
$189.6
Forecast, 2030 (US$M)
$555.3
CAGR, 2024 - 2030
16.6%
Report Coverage
UK

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 2023USD 58.1 million
Market revenue in 2030USD 161.2 million
Growth rate15.7% (CAGR from 2023 to 2030)
Largest segmentMalt-based
Fastest growing segmentSpirit-based
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, 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.

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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.

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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.

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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)

UK ready to drink cocktails market size, by type, 2018-2030 (US$M)

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