Title: Cocktail Market - Forecast 2022 - 2027
1Cocktail Market MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The cocktail Market size is estimated to reach
1.47 billion by 2027, growing at a CAGR of 11.6
during the forecast period 2022-2027. - Cocktail indicates an alcoholic drink, which
includes gin, brandy, vodka, whiskey, tequila, or
rum blended with other constituents like fruit
juice, cream, honey, milk, sugar, herbs, or
additional flavorings. - Discriminating approaches are rising amidst novel
alcohol enthusiasts, who are looking for
great-quality drink experiences fuelling another
influx of premiumization across spirit
categories, inclusive of the canned format of
premium-adapted cocktails. - Digital drinking is the order of the day wherein
technology is utilized right from the comfort of
home and spirits are transferred directly to the
doorstep.
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- Key Takeaways
- Geographically, North America Cocktail Market
accounted for the highest revenue share in 2021
and it is poised to dominate the market over the
period 2022-2027 owing to the existence of the
U.S. which has the biggest market share, and the
increased intake of alcoholic drinks in the North
American region. - Cocktail Market growth is being driven by the
proliferating intake of alcoholic drinks
worldwide and the willingness of customers to
experiment with novel innovative products. - However, alcohol is medically confirmed to be
injurious to health bringing about depression,
alcoholism, and liver issues which are some of
the major factors hampering the growth of the
Cocktail Market. .
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Cocktail Market Segment Analysis By Type The
Cocktail Market based on type can be further
segmented into Long Drink and Short
Drink. The Long Drink Segment held the largest
market share in 2021. This growth is owing to the
surging consumption of Long Drink especially in
countries like Finland. A Long Drink or tall
drink is an alcoholic drink that is blended and
comes in a comparatively large volume (gt 12 cl,
frequently 1640 cl or between 59 fluid ounces).
The surging preference for Long Drink owing to it
being lighter and not providing a bloated feeling
is further propelling the growth of the Long
Drink segment. .
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- Cocktail Market Market Industry Outlook
- Diageo plc
- Bols
- Siam Winery Co. Ltd.
- kitchn
- Cointreau
- Belvedere
- Rio Wine
- Snake Oil Cocktail Company
- Miami Cocktail Co.
- Bombay Sapphire
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Cocktail Market Market - Forecast(2022 -
2027) Learn More About the Report _at_
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- Data Tables
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