Share on

Asia Pacific Cocktail Market By Type (Short Drink And Long Drink), By Application (Backyard BBQ, Wedding Ceremonies, Cocktail Party And Other Applications), By Distribution Channel (Bars And Restaurants, Supermarkets And Hypermarkets, Convenience Stores And Online Retail) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 3840
Pages: 138
Formats: report pdf report excel report power bi report ppt

Asia Pacific Cocktail Market Growth and Forecast (2022 - 2027):

Asia Pacific Cocktail Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.

Market Overview:

Cocktail is the mixture of two or more beverages, at least one among them containing alcohol. When a mixed drink includes only a mixer and a distilled spirit, such as fruit juice or soda, it is a highball. When a cocktail contains only a liqueur and a distilled spirit, it is a duo and when it adds a mixer, it is called trio. Additional ingredients utilized can be sugar, milk, cream, honey, and various herbs. The beverages which are used in the preparation of cocktail are usually among gin, vodka, whiskey, brandy, tequila, cachaça and rum. Cocktails vary in the ingredients present in them from one region to another. Two creations can also have the same name but taste can be very different because of differences in the preparation of drinks.

Drivers and Restraints:

Growth in cocktail consumption due to rise in change in lifestyles and growing disposable incomes drive the growth of the market. Also, availability of botanical & vegetable cocktails is the key driver of the Asia Pacific cocktail market. Deep-rooted cocktail culture in some countries and higher cocktail consumption rate are expected to provide opportunity for growth to market players. However, since excessive drinking can cause heart and liver damage, depression and cancer development, the growth of this market is restrained.

Asia Pacific Cocktail Market Segmentation Analysis:

The Asia Pacific Cocktail market is segmented based on type into short drink and long drink. Long drink segment is expected to have the largest share in the segment. On the basis of application, the market is divided into backyard BBQ, wedding ceremonies, cocktail party and other applications. By distributin channel the market is segmented into bars and restaurants, supermarkets and hypermarkets, convenience Stores and online retail.

Region Analysis:

The Asia Pacific Cocktail market is divided based on geography into India, China, Japan, Australia and other parts of the region. Asia Pacific has the third largest market for cocktail in the world by share. Asia Pacific region is the fastest growing region for cocktail in the world. Factors such as rising consumption of alcohol and growing disposable incomes is expected to drive the market growth in the region.

Key Players in the Market:

Major Key Players in the Asia Pacific Cocktail Market are

Some of the major players in the market are Bols, Captain Morgan, kitchn, Siam Winery Co. Ltd., Cointreau, Belvedere, Rio Wine, Snake Oil Cocktail Company, Miami Cocktail Co., and Bombay Sapphire.

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample