Middle East & Africa Ready To Drink Mocktails Market Size & Outlook
The ready to drink mocktails market in Middle East & Africa is expected to reach a projected revenue of US$ 2,128.2 million by 2030. A compound annual growth rate of 5.8% is expected of Middle East & Africa ready to drink mocktails market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,437.2
Forecast, 2030 (US$M)
$2,128.2
CAGR, 2024 - 2030
5.8%
Report Coverage
Middle East & Africa
MEA ready to drink mocktails market highlights
- The MEA ready to drink mocktails market generated a revenue of USD 1,437.2 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, virgin mojito was the largest revenue generating type in 2023.
- Virgin Mojito is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,437.2 million |
| Market revenue in 2030 | USD 2,128.2 million |
| Growth rate | 5.8% (CAGR from 2024 to 2030) |
| Largest segment | Virgin mojito |
| Fastest growing segment | Virgin Mojito |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Virgin Mojito |
| Key market players worldwide | Keurig Dr Pepper Inc, Molson Coors |
Other key industry trends
- In terms of revenue, MEA region accounted for 17.4% of the global ready to drink mocktails 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 2,441.6 million by 2030.
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Ready to Drink Mocktails Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CRAVOVA | View profile | 11-50 | Mumbai, Maharashtra, India, Asia | https://cravova.com/ |
| Curious Elixirs | View profile | 1-10 | Brooklyn, New York, United States, North America | https://curiouselixirs.com |
| The Mocktail Club | View profile | 1-10 | Kruibeke, Oost-Vlaanderen, Belgium, Europe | https://www.themocktailclub.com/en_GB/home |
| Mocktail Beverages | View profile | 1-10 | Wenham, Massachusetts, United States, North America | https://www.mocktails.com/ |
| Molson Coors | View profile | 10001+ | Chicago, Illinois, United States, North America | http://www.molsoncoors.com/en/ |
| Keurig Dr Pepper Inc | View profile | 28100 | 53 South Avenue, Burlington, MA, United States, 01803 | https://www.keurigdrpepper.com |
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