Global Tonic Water Market Overview

The Global Tonic Water Market was valued at USD 813.66 million in 2021 and is expected to reach USD 1341.14 million by the year 2028, at a CAGR of 7.4%.

Tonic water is a carbonated soft drink that contains quinine. Tonic water, which was once used as a malaria preventative, now has a much-reduced quinine level and is eaten for its unique bitter flavor, though it is commonly sweetened nowadays. It's popular in mixed cocktails, especially gin and tonics.

Medicinal quinine was suggested to British officials and troops in early nineteenth-century India and other tropical areas of the British Empire, where it was blended with soda and sugar to conceal its bitter taste, creating tonic water. In 1858, the first commercial tonic water was created. The British blended their medical quinine tonic with gin and other ingredients to make the bitter medication more palatable in British colonial India, and the mixed drink gin and tonic was born. The sweet combination made sense because soldiers in India were already given a gin ration.

Tonic water is available as a plain as well as a flavored drink.  Tonic water today has a significantly reduced quinine level and is used for its characteristic bitter flavor. It's popular in mixed cocktails, especially tonic and gin. Side effects of tonic water use include diarrhea, vomiting, nausea, stomach pains, and anxiety. Tonic water, which contains mostly quinine, is a popular carbonated beverage. Tonic water is made up of a variety of substances, including herbs, sugars, and spices, with quinine being the most important of them all. Quinine provides several health advantages and is used to treat several serious illnesses, including babesiosis and malaria. Growing disposable income and a better level of life are two important factors propelling the tonic water market forward. Continuous product innovation is also a big element propelling the Tonic water market forward.

Market Dynamics And Factors For Tonic Water Market

Drivers:

The market's continuous increase in interest in directly consuming tonic water is a vital driver. This increase in consumption is due to several causes, including rising consumer interest in non-alcoholic drinks that aren't excessively sweet and may mimic the sensation of consuming alcoholic beverages. Tonic water best matches this hypothesis, and as a result, it has been growing in popularity in recent years.

The development of the market beyond conventional or customary tonic water is another important component in the tonic water business. Tonic water products that are more varied in flavor, texture, cost, ingredients, calorie content, and packaging have been introduced by several firms. This is seen in the introduction of goods including components such as chocolate, lemongrass, and pomegranate. A crucial driver for the industry is the expansion of components, such as the use of organically derived quinine and natural sweeteners other than sugar.

Tonic water is widely used in alcoholic drink combinations such as gin and tonic in industrialized countries, although it is still gaining popularity in poorer countries. The low use of tonic water in underdeveloped nations is attributable to a lack of product knowledge and a significantly lower or unevenly distributed gin usage. Consumers from Asian nations with significant gin use, such as the Philippines, may not utilize the gin and tonic combination as regularly as those from North America and Europe.

Restraints:

The growing knowledge of alcohol and its harmful consequences on one's health and well-being may harm the tonic water market. This, in turn, is posing a long-term impediment to the growth of the tonic water industry.

Opportunities:

Tonic water has recently begun to be blended with alcohol, which has significantly boosted tonic water usage and is projected to generate new opportunities for the tonic water industry. Additionally, the introduction of fresh goods with a variety of tastes and appealing packaging systems is presenting profitable market development opportunities.

Market Segmentation

Segmentation Analysis of Tonic Water Market:

Based on the product type, the flavored type segment is expected to register the highest tonic water market revenue over the estimated period. Premium spirits have established a solid following among consumers, who are ready to pay more for unique, inventive goods. In this product area, companies are also introducing innovative naturally flavored water to meet the demands of customers who are concerned about their diets and taste preferences. SodaStream, for example, sells naturally flavored diet tonics with no calories. Skilled bartenders may also use flavored tonics to mix a specific spirit with a tonic that complements its flavor character. Spirit-tonic combos like this are a whole part of the menu at certain bars: Gin-and-tonic menus at Whitechapel, Sable in Chicago, and Cooks & Soldiers in Atlanta all explore the format through inventive taste profiles and regional interpretations.

Based on the packaging type, the bottles segment is anticipated to register the largest tonic water market revenue during the forecast period. When it comes to food and beverage packaging, there's no need to be concerned about flavors fading in a bottle. It is the most common and conventional method. Bottles come in a variety of sizes and materials. Glass bottles are becoming increasingly popular. Because glass is an impermeable material that keeps air and other liquids out, glass bottles do not affect the flavor or freshness of the product. The packaging of tonic water is a critical step in the manufacture and distribution of this beverage. External circumstances, such as heat, do not influence the substance or shape of the glass, unlike plastics, which can melt and degrade product quality. As a consequence, food and beverage products packaged in glass keep their freshness for a long time. Glass bottles also maintain the package's inner temperature, preventing spoiling. These reasons are propelling the segment's market growth.

Based on the application, the alcoholic drinks segment is expected to dominate the tonic water market over the forecast period. Shifting consumers' lifestyles are contributing to an increase in social meetings and parties, as well as the popularity of social media and the internet, as well as a rising belief that alcoholic beverages help to calm the mind. In industrialized economies, volume sales of alcoholic beverages have been declining for some years, while demand in emerging areas continues to expand. Premiumization and development in the out-of-home market are the main drivers of value increase. More than two out of every five dollars spent on alcoholic beverages is spent outside of the house, in places like bars, restaurants, and other establishments, underscoring the importance of the on-trade sales channel for the business.

Based on the distribution channel, the hypermarket/supermarket segment is expected to dominate the tonic water market over the projected period. In North America and Europe, a huge number of supermarket behemoths such as Walmart, Tesco, 7Eleven, Auchan, Sainsbury's, Apar, and Aldi have the highest consumer penetration. For optimum consumer involvement, these deep-pocket corporations offer a wide selection of food goods and operate a huge network of outlets. For optimal profit, all manufacturers provide their whole product catalog in these hypermarkets, supermarkets.

Regional Analysis of Tonic Water Market:

North America accounted for a major market share in the tonic water market and is expected to lead the market during the forecast period.  Tonic water is primarily imported from North America. Gin's rising popularity and demand are projected to improve tonic mix adoption in the coming years. Tonic water is commonly used in alcoholic drinks in industrialized nations. Due to a lack of understanding of the product and a lower taste for gin in emerging nations, the market is still in its infancy. The United States and Canada are the leading users of tonic water, creating a substantial market opportunity in North America. Furthermore, these two nations consume a lot of gin, which leads to a rise in tonic water usage. The demand for tonic water in the region is increasing as the use of these beverages rises.

Asia Pacific region is expected to register significant market growth throughout the forecast period. In nations like India, China, and Indonesia, the consumption of various types of spirits such as gin, whiskey, vodka, and rum has been steadily expanding. The region's demand for tonic water is being fueled by an increase in the use of various forms of alcohol. In comparison to North America and Europe, Asian countries with strong gin consumption, such as the Philippines, do not typically utilize alcoholic mixers. Furthermore, due to fast urbanization and rising disposable incomes, the area is a developing market with significant potential during the projected period, which is likely to stimulate leisure spending in bars and other similar establishments. The expanding economic position of the region, as well as the increasing availability of tonic water in regional supermarkets, indicate a strong demand for tonic water.

Europe region has also witnessed significant market growth for tonic water. During the British colonization of India, tonic water was used to treat malaria symptoms and became widely famous in the classic gin and tonic drinks. The gin was added to help with the bitterness, and the drink has remained popular in the United Kingdom, where it is even available in cans. Furthermore, the region's strong drinking culture has resulted in high demand for tonic water in a variety of cocktails.

Players Covered in Tonic Water Market are:

  • The Coca-Cola Company
  • Nestlé
  • Nexba
  • Zevia
  • Lamb & Watt Tonics
  • White Rock Products Corporation
  • Keurig Dr. Pepper Inc
  • London Essence Company
  • Monster Beverage Corporation
  • Hansen Beverage
  • BOYLAN BOTTLING
  • Fentimans
  • El Guapo Bitters
  • Franklin & Sons Ltd.
  • Whole Foods Market IP. L.P.
  • Thomas Henry GmbH & Co. KG
  • East Imperial.
  • Arctic Blue Beverages
  • A.S. Watson Group
  • Bradleys Tonic Co
  • Q Mixers and other major players.

COVID-19 Impact on Tonic Water Market

The world has been hit by an unprecedented health threat in the shape of COVID-19, which has impacted the global economy, global supply lines, and nations indiscriminately. Due to lockdowns, travel bans, and commercial shutdowns, the COVID-19 is hurting economies and multiple industries in various nations. The closure of numerous industrial plants and factories has had a severe influence on global supply chains, affecting manufacture, delivery schedules, and sales of items on the worldwide market. Furthermore, worldwide travel bans enforced by European, Asia-Pacific, and North American nations are impacting commercial partnerships and partnership chances. The food and beverage industry is also suffering significant losses as a result of the Covid-19 outbreak, which is having a negative influence on the global economy. The transportation infrastructure has been severely interrupted, as has the supply of raw materials. The disrupted value chain has had a detrimental influence on raw material supply, which is affecting the tonic water market's growth. However, as customers are purchasing food and beverage items through online merchants, demand for tonic water is expected to climb as economies prepare to restart their operations. In addition, to combat the coronavirus, food and beverage producers are taking precautions such as limiting direct contact with delivery people and visitors, strengthening and communicating proper hygiene practices, and conducting complete sanitation, and eliminating personnel contact during shift changes. With all of these variables in mind, it's reasonable to expect a surge in demand for these items in the aftermath of a pandemic.

Key Industry Developments In Tonic Water Market

  • In October 2021, Award-winning Finnish beverage company Arctic Blue Beverages, of artisan gin has launched new tonic water. Arctic Blue Tonic combines flavors from coniferous forests with the global cleanest water. It is manufactured from the cleanest Finnish groundwater by hand in small batches in Lappeenranta, Finland.
  • In August 2021, Nexba, an Australian soft drinks firm, has launched Nexba Sugar-Free Tonic Water, a new addition to its existing soft drinks line. Nexba Sugar-Free Tonic Water comes in different flavors such as Lime, Cucumber, and Mint, as well as Classic Tonic. The Natural Sweetener Blend and a blend of natural herbs are used to generate both flavors.
  • In May 2021, Fentimans has introduced a new line of 200ml mixers and tonics. The new 200ml mixer line will continue to be created utilizing Fentimans' 100-year-old artisanal process, which includes Tonic Water, Ginger Beer, and Rose Lemonade. Fentimans also has a flexible assortment of colored and flavored tonics that are excellent for mixing with a wide range of spirits.

Global Tonic Water Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 813.66 Mn.

Forecast Period 2022-28 CAGR:

7.4%

Market Size in 2028:

USD 1341.14 Mn.

Segments Covered:

By Product Type

  • Flavored
  • Non-Flavored Drinks
  • Others

By Packaging Type

  • Bottles
  • Cans

By Application

  • Direct Consumption
  • Alcoholic Drinks

By Distribution Channel

  • Hypermarket/Supermarket
  • Specialty Stores
  • Retail Stores
  • Online Sales

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Use in Vodka-Based and Gin Alcoholic Drinks

Key Market Restraints:

  • The Lack of Awareness of The Health Benefits of Tonic Water

Key Opportunities:

  • Introduction of Tonic Water in Different Variants

Companies Covered in the report:

  • The Coca-Cola Company, Nestlé, Nexba, Zevia, Lamb & Watt Tonics, and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By Packaging Type
 3.3 By Application
 3.4 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Tonic Water Market by Product Type
 5.1 Tonic Water Market Overview Snapshot and Growth Engine
 5.2 Tonic Water Market Overview
 5.3 Flavoured
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Flavoured: Grographic Segmentation
 5.4 Non-Flavoured Drinks
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Non-Flavoured Drinks: Grographic Segmentation
 5.5 Others
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Others: Grographic Segmentation

Chapter 6: Tonic Water Market by Packaging Type
 6.1 Tonic Water Market Overview Snapshot and Growth Engine
 6.2 Tonic Water Market Overview
 6.3 Bottles
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Bottles: Grographic Segmentation
 6.4 Cans
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Cans: Grographic Segmentation

Chapter 7: Tonic Water Market by Application
 7.1 Tonic Water Market Overview Snapshot and Growth Engine
 7.2 Tonic Water Market Overview
 7.3 Direct Consumption
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Direct Consumption: Grographic Segmentation
 7.4 Alcoholic Drinks
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Alcoholic Drinks: Grographic Segmentation

Chapter 8: Tonic Water Market by Distribution Channel
 8.1 Tonic Water Market Overview Snapshot and Growth Engine
 8.2 Tonic Water Market Overview
 8.3 Hypermarket/Supermarket
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Hypermarket/Supermarket: Grographic Segmentation
 8.4 Specialty Stores
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Specialty Stores: Grographic Segmentation
 8.5 Retail Stores
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Retail Stores: Grographic Segmentation
 8.6 Online Sales
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Online Sales: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Tonic Water Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Tonic Water Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Tonic Water Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 THE COCA-COLA COMPANY
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 NESTLÉ
 9.4 NEXBA
 9.5 ZEVIA
 9.6 LAMB & WATT TONICS
 9.7 WHITE ROCK PRODUCTS CORPORATION
 9.8 KEURIG DR. PEPPER INC.
 9.9 LONDON ESSENCE COMPANY
 9.10 MONSTER BEVERAGE CORPORATION
 9.11 HANSEN BEVERAGE
 9.12 BOYLAN BOTTLING
 9.13 FENTIMANS
 9.14 EL GUAPO BITTERS
 9.15 FRANKLIN & SONS LTD.
 9.16 WHOLE FOODS MARKET IP. L.P.
 9.17 THOMAS HENRY GMBH & CO. KG
 9.18 EAST IMPERIAL.
 9.19 ARCTIC BLUE BEVERAGES
 9.20 A.S. WATSON GROUP
 9.21 BRADLEYS TONIC CO
 9.22 Q MIXERS OTHER MAJOR PLAYERS

Chapter 10: Global Tonic Water Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Product Type
  10.2.1 Flavoured
  10.2.2 Non-Flavoured Drinks
  10.2.3 Others
 10.3 Historic and Forecasted Market Size By Packaging Type
  10.3.1 Bottles
  10.3.2 Cans
 10.4 Historic and Forecasted Market Size By Application
  10.4.1 Direct Consumption
  10.4.2 Alcoholic Drinks
 10.5 Historic and Forecasted Market Size By Distribution Channel
  10.5.1 Hypermarket/Supermarket
  10.5.2 Specialty Stores
  10.5.3 Retail Stores
  10.5.4 Online Sales

Chapter 11: North America Tonic Water Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product Type
  11.4.1 Flavoured
  11.4.2 Non-Flavoured Drinks
  11.4.3 Others
 11.5 Historic and Forecasted Market Size By Packaging Type
  11.5.1 Bottles
  11.5.2 Cans
 11.6 Historic and Forecasted Market Size By Application
  11.6.1 Direct Consumption
  11.6.2 Alcoholic Drinks
 11.7 Historic and Forecasted Market Size By Distribution Channel
  11.7.1 Hypermarket/Supermarket
  11.7.2 Specialty Stores
  11.7.3 Retail Stores
  11.7.4 Online Sales
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Tonic Water Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Flavoured
  12.4.2 Non-Flavoured Drinks
  12.4.3 Others
 12.5 Historic and Forecasted Market Size By Packaging Type
  12.5.1 Bottles
  12.5.2 Cans
 12.6 Historic and Forecasted Market Size By Application
  12.6.1 Direct Consumption
  12.6.2 Alcoholic Drinks
 12.7 Historic and Forecasted Market Size By Distribution Channel
  12.7.1 Hypermarket/Supermarket
  12.7.2 Specialty Stores
  12.7.3 Retail Stores
  12.7.4 Online Sales
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Tonic Water Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product Type
  13.4.1 Flavoured
  13.4.2 Non-Flavoured Drinks
  13.4.3 Others
 13.5 Historic and Forecasted Market Size By Packaging Type
  13.5.1 Bottles
  13.5.2 Cans
 13.6 Historic and Forecasted Market Size By Application
  13.6.1 Direct Consumption
  13.6.2 Alcoholic Drinks
 13.7 Historic and Forecasted Market Size By Distribution Channel
  13.7.1 Hypermarket/Supermarket
  13.7.2 Specialty Stores
  13.7.3 Retail Stores
  13.7.4 Online Sales
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Tonic Water Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Product Type
  14.4.1 Flavoured
  14.4.2 Non-Flavoured Drinks
  14.4.3 Others
 14.5 Historic and Forecasted Market Size By Packaging Type
  14.5.1 Bottles
  14.5.2 Cans
 14.6 Historic and Forecasted Market Size By Application
  14.6.1 Direct Consumption
  14.6.2 Alcoholic Drinks
 14.7 Historic and Forecasted Market Size By Distribution Channel
  14.7.1 Hypermarket/Supermarket
  14.7.2 Specialty Stores
  14.7.3 Retail Stores
  14.7.4 Online Sales
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Tonic Water Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Product Type
  15.4.1 Flavoured
  15.4.2 Non-Flavoured Drinks
  15.4.3 Others
 15.5 Historic and Forecasted Market Size By Packaging Type
  15.5.1 Bottles
  15.5.2 Cans
 15.6 Historic and Forecasted Market Size By Application
  15.6.1 Direct Consumption
  15.6.2 Alcoholic Drinks
 15.7 Historic and Forecasted Market Size By Distribution Channel
  15.7.1 Hypermarket/Supermarket
  15.7.2 Specialty Stores
  15.7.3 Retail Stores
  15.7.4 Online Sales
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Tonic Water Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 813.66 Mn.

Forecast Period 2022-28 CAGR:

7.4%

Market Size in 2028:

USD 1341.14 Mn.

Segments Covered:

By Product Type

  • Flavored
  • Non-Flavored Drinks
  • Others

By Packaging Type

  • Bottles
  • Cans

By Application

  • Direct Consumption
  • Alcoholic Drinks

By Distribution Channel

  • Hypermarket/Supermarket
  • Specialty Stores
  • Retail Stores
  • Online Sales

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Use in Vodka-Based and Gin Alcoholic Drinks

Key Market Restraints:

  • The Lack of Awareness of The Health Benefits of Tonic Water

Key Opportunities:

  • Introduction of Tonic Water in Different Variants

Companies Covered in the report:

  • The Coca-Cola Company, Nestlé, Nexba, Zevia, Lamb & Watt Tonics, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. TONIC WATER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. TONIC WATER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. TONIC WATER MARKET COMPETITIVE RIVALRY
TABLE 005. TONIC WATER MARKET THREAT OF NEW ENTRANTS
TABLE 006. TONIC WATER MARKET THREAT OF SUBSTITUTES
TABLE 007. TONIC WATER MARKET BY PRODUCT TYPE
TABLE 008. FLAVOURED MARKET OVERVIEW (2016-2028)
TABLE 009. NON-FLAVOURED DRINKS MARKET OVERVIEW (2016-2028)
TABLE 010. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 011. TONIC WATER MARKET BY PACKAGING TYPE
TABLE 012. BOTTLES MARKET OVERVIEW (2016-2028)
TABLE 013. CANS MARKET OVERVIEW (2016-2028)
TABLE 014. TONIC WATER MARKET BY APPLICATION
TABLE 015. DIRECT CONSUMPTION MARKET OVERVIEW (2016-2028)
TABLE 016. ALCOHOLIC DRINKS MARKET OVERVIEW (2016-2028)
TABLE 017. TONIC WATER MARKET BY DISTRIBUTION CHANNEL
TABLE 018. HYPERMARKET/SUPERMARKET MARKET OVERVIEW (2016-2028)
TABLE 019. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
TABLE 020. RETAIL STORES MARKET OVERVIEW (2016-2028)
TABLE 021. ONLINE SALES MARKET OVERVIEW (2016-2028)
TABLE 022. NORTH AMERICA TONIC WATER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 023. NORTH AMERICA TONIC WATER MARKET, BY PACKAGING TYPE (2016-2028)
TABLE 024. NORTH AMERICA TONIC WATER MARKET, BY APPLICATION (2016-2028)
TABLE 025. NORTH AMERICA TONIC WATER MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 026. N TONIC WATER MARKET, BY COUNTRY (2016-2028)
TABLE 027. EUROPE TONIC WATER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 028. EUROPE TONIC WATER MARKET, BY PACKAGING TYPE (2016-2028)
TABLE 029. EUROPE TONIC WATER MARKET, BY APPLICATION (2016-2028)
TABLE 030. EUROPE TONIC WATER MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 031. TONIC WATER MARKET, BY COUNTRY (2016-2028)
TABLE 032. ASIA PACIFIC TONIC WATER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 033. ASIA PACIFIC TONIC WATER MARKET, BY PACKAGING TYPE (2016-2028)
TABLE 034. ASIA PACIFIC TONIC WATER MARKET, BY APPLICATION (2016-2028)
TABLE 035. ASIA PACIFIC TONIC WATER MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 036. TONIC WATER MARKET, BY COUNTRY (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA TONIC WATER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 038. MIDDLE EAST & AFRICA TONIC WATER MARKET, BY PACKAGING TYPE (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA TONIC WATER MARKET, BY APPLICATION (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA TONIC WATER MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 041. TONIC WATER MARKET, BY COUNTRY (2016-2028)
TABLE 042. SOUTH AMERICA TONIC WATER MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 043. SOUTH AMERICA TONIC WATER MARKET, BY PACKAGING TYPE (2016-2028)
TABLE 044. SOUTH AMERICA TONIC WATER MARKET, BY APPLICATION (2016-2028)
TABLE 045. SOUTH AMERICA TONIC WATER MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 046. TONIC WATER MARKET, BY COUNTRY (2016-2028)
TABLE 047. THE COCA-COLA COMPANY: SNAPSHOT
TABLE 048. THE COCA-COLA COMPANY: BUSINESS PERFORMANCE
TABLE 049. THE COCA-COLA COMPANY: PRODUCT PORTFOLIO
TABLE 050. THE COCA-COLA COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. NESTLÉ: SNAPSHOT
TABLE 051. NESTLÉ: BUSINESS PERFORMANCE
TABLE 052. NESTLÉ: PRODUCT PORTFOLIO
TABLE 053. NESTLÉ: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. NEXBA: SNAPSHOT
TABLE 054. NEXBA: BUSINESS PERFORMANCE
TABLE 055. NEXBA: PRODUCT PORTFOLIO
TABLE 056. NEXBA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. ZEVIA: SNAPSHOT
TABLE 057. ZEVIA: BUSINESS PERFORMANCE
TABLE 058. ZEVIA: PRODUCT PORTFOLIO
TABLE 059. ZEVIA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. LAMB & WATT TONICS: SNAPSHOT
TABLE 060. LAMB & WATT TONICS: BUSINESS PERFORMANCE
TABLE 061. LAMB & WATT TONICS: PRODUCT PORTFOLIO
TABLE 062. LAMB & WATT TONICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. WHITE ROCK PRODUCTS CORPORATION: SNAPSHOT
TABLE 063. WHITE ROCK PRODUCTS CORPORATION: BUSINESS PERFORMANCE
TABLE 064. WHITE ROCK PRODUCTS CORPORATION: PRODUCT PORTFOLIO
TABLE 065. WHITE ROCK PRODUCTS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. KEURIG DR. PEPPER INC.: SNAPSHOT
TABLE 066. KEURIG DR. PEPPER INC.: BUSINESS PERFORMANCE
TABLE 067. KEURIG DR. PEPPER INC.: PRODUCT PORTFOLIO
TABLE 068. KEURIG DR. PEPPER INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. LONDON ESSENCE COMPANY: SNAPSHOT
TABLE 069. LONDON ESSENCE COMPANY: BUSINESS PERFORMANCE
TABLE 070. LONDON ESSENCE COMPANY: PRODUCT PORTFOLIO
TABLE 071. LONDON ESSENCE COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. MONSTER BEVERAGE CORPORATION: SNAPSHOT
TABLE 072. MONSTER BEVERAGE CORPORATION: BUSINESS PERFORMANCE
TABLE 073. MONSTER BEVERAGE CORPORATION: PRODUCT PORTFOLIO
TABLE 074. MONSTER BEVERAGE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. HANSEN BEVERAGE: SNAPSHOT
TABLE 075. HANSEN BEVERAGE: BUSINESS PERFORMANCE
TABLE 076. HANSEN BEVERAGE: PRODUCT PORTFOLIO
TABLE 077. HANSEN BEVERAGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. BOYLAN BOTTLING: SNAPSHOT
TABLE 078. BOYLAN BOTTLING: BUSINESS PERFORMANCE
TABLE 079. BOYLAN BOTTLING: PRODUCT PORTFOLIO
TABLE 080. BOYLAN BOTTLING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. FENTIMANS: SNAPSHOT
TABLE 081. FENTIMANS: BUSINESS PERFORMANCE
TABLE 082. FENTIMANS: PRODUCT PORTFOLIO
TABLE 083. FENTIMANS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. EL GUAPO BITTERS: SNAPSHOT
TABLE 084. EL GUAPO BITTERS: BUSINESS PERFORMANCE
TABLE 085. EL GUAPO BITTERS: PRODUCT PORTFOLIO
TABLE 086. EL GUAPO BITTERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. FRANKLIN & SONS LTD.: SNAPSHOT
TABLE 087. FRANKLIN & SONS LTD.: BUSINESS PERFORMANCE
TABLE 088. FRANKLIN & SONS LTD.: PRODUCT PORTFOLIO
TABLE 089. FRANKLIN & SONS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. WHOLE FOODS MARKET IP. L.P.: SNAPSHOT
TABLE 090. WHOLE FOODS MARKET IP. L.P.: BUSINESS PERFORMANCE
TABLE 091. WHOLE FOODS MARKET IP. L.P.: PRODUCT PORTFOLIO
TABLE 092. WHOLE FOODS MARKET IP. L.P.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. THOMAS HENRY GMBH & CO. KG: SNAPSHOT
TABLE 093. THOMAS HENRY GMBH & CO. KG: BUSINESS PERFORMANCE
TABLE 094. THOMAS HENRY GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 095. THOMAS HENRY GMBH & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. EAST IMPERIAL.: SNAPSHOT
TABLE 096. EAST IMPERIAL.: BUSINESS PERFORMANCE
TABLE 097. EAST IMPERIAL.: PRODUCT PORTFOLIO
TABLE 098. EAST IMPERIAL.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. ARCTIC BLUE BEVERAGES: SNAPSHOT
TABLE 099. ARCTIC BLUE BEVERAGES: BUSINESS PERFORMANCE
TABLE 100. ARCTIC BLUE BEVERAGES: PRODUCT PORTFOLIO
TABLE 101. ARCTIC BLUE BEVERAGES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. A.S. WATSON GROUP: SNAPSHOT
TABLE 102. A.S. WATSON GROUP: BUSINESS PERFORMANCE
TABLE 103. A.S. WATSON GROUP: PRODUCT PORTFOLIO
TABLE 104. A.S. WATSON GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104. BRADLEYS TONIC CO: SNAPSHOT
TABLE 105. BRADLEYS TONIC CO: BUSINESS PERFORMANCE
TABLE 106. BRADLEYS TONIC CO: PRODUCT PORTFOLIO
TABLE 107. BRADLEYS TONIC CO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. Q MIXERS OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 108. Q MIXERS OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 109. Q MIXERS OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 110. Q MIXERS OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. TONIC WATER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. TONIC WATER MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. FLAVOURED MARKET OVERVIEW (2016-2028)
FIGURE 013. NON-FLAVOURED DRINKS MARKET OVERVIEW (2016-2028)
FIGURE 014. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 015. TONIC WATER MARKET OVERVIEW BY PACKAGING TYPE
FIGURE 016. BOTTLES MARKET OVERVIEW (2016-2028)
FIGURE 017. CANS MARKET OVERVIEW (2016-2028)
FIGURE 018. TONIC WATER MARKET OVERVIEW BY APPLICATION
FIGURE 019. DIRECT CONSUMPTION MARKET OVERVIEW (2016-2028)
FIGURE 020. ALCOHOLIC DRINKS MARKET OVERVIEW (2016-2028)
FIGURE 021. TONIC WATER MARKET OVERVIEW BY DISTRIBUTION CHANNEL
FIGURE 022. HYPERMARKET/SUPERMARKET MARKET OVERVIEW (2016-2028)
FIGURE 023. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
FIGURE 024. RETAIL STORES MARKET OVERVIEW (2016-2028)
FIGURE 025. ONLINE SALES MARKET OVERVIEW (2016-2028)
FIGURE 026. NORTH AMERICA TONIC WATER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. EUROPE TONIC WATER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. ASIA PACIFIC TONIC WATER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. MIDDLE EAST & AFRICA TONIC WATER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. SOUTH AMERICA TONIC WATER MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Tonic Water Market research report?

The forecast period in the Tonic Water Market research report is 2022-2028.

Who are the key players in Tonic Water Market?

The Coca-Cola Company, Nestlé, Nexba, Zevia, Lamb & Watt Tonics, White Rock Products Corporation, Keurig Dr. Pepper Inc, London Essence Company, Monster Beverage Corporation, Hansen Beverage, BOYLAN BOTTLING, Fentimans, El Guapo Bitters, Franklin & Sons Ltd., Whole Foods Market IP. L.P., Thomas Henry GmbH & Co. KG, East Imperial., Arctic Blue Beverages, A.S. Watson Group, Bradleys Tonic Co, Q Mixers, and other major players.

What are the segments of the Tonic Water Market?

The Tonic Water Market is segmented into Product Type, Packaging Type, Application, Distribution Channel, and region. By Product Type, the market is categorized into Flavoured, Non-Flavoured Drinks, and Others. By Packaging Type, the market is categorized into Bottles, Cans. By Application, the market is categorized into Direct Consumption, Alcoholic Drinks. By Distribution Channel, the market is categorized into Hypermarket/Supermarket, Specialty Stores, Retail Stores, and Online Sales. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Tonic Water Market?

Tonic water is a carbonated soft drink that contains quinine. Tonic water, which was once used as a malaria preventative, now has a much-reduced quinine level and is eaten for its unique bitter flavor, though it is commonly sweetened nowadays. It's popular in mixed cocktails, especially gin and tonics.

How big is the Tonic Water Market?

The Global Tonic Water Market was valued at USD 813.66 million in 2021 and is expected to reach USD 1341.14 million by the year 2028, at a CAGR of 7.4%.