Tonic Water Market | Contrive Datum Insights

The global tonic water market size was valued at USD 1.72 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2030.

Tonic Water Market Overview

The global tonic water market size is estimated to reach USD 3.73 billion between 2022 and 2030, growing at a CAGR of 7.11%. Tonic water, commonly known as Indian tonic water, is a beverage in which quinine is dissolved. Tonic water is gaining popularity among customers due to the bitter taste of tonic water caused by quinine and the growing desire for modifiers.
Legend has it that tonic water was first used because of its ability to prevent and treat malaria. The active ingredient is an alkaloid found in the bark of the cinchona tree and is used to treat a variety of ailments. Also, quinine concentrated in tonic water is thought to help treat muscle spasms. Currently, most tonic waters have less quinine content than medicinal formulations, and flavors are added to reduce the intense sour taste, but they are still mainly used for flavor rather than medicinal use. Some of the other factors driving this growth include the use of tonic water in margaritas as a drink enhancer and its strong flavor to soothe dehydration

In addition, the sparkling effect of tonic water under ultraviolet rays catches the attention of children, teenagers, and young people. Because tonic water contains quinine, it appears fluorescent when exposed to direct sunlight because quinine reacts to ultraviolet light. Due to its medicinal properties and its use in cocktail preparation, the market is likely to expand steadily over the forecast period. Tonic water market makers are expected to create additional product flavorings during the forecast period.
The report contains all information about the Global Tonic Water Market Analysis and Strengths. The report also contains the pinnacle of dynamics, segmentation, major players, regional analysis, and other essential elements. A detailed analysis of the tonic water market forecast for 2030 is also included in the report.

The Tonic Water Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Tonic Water market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Fever-Tree (UK), Dr. Pepper Snapple Group (US), SodaStream International Ltd. (Israel), A.S. Watson Group (China), Fentimans (UK), Seagram Company Ltd. (Canada), White Rock Beverages (US), Hansen Beverage Company Inc. (US), Stirrings (US), East Imperial (New Zealand), and others.

Industry Development:

• In May 2021, Fentimans launched a new 200ml mixers and tonic range. The new 200ml mixer range, including Tonic Water and its iconic Ginger Beer and Rose Lemonade, will continue to be made using Fentiman's unique 100-year-old artisanal technique. The range also includes Fentimans versatile range of colored and flavored tonics, suitable for pairing with a broad range of spirit categories

What are the major Applications, Types, and Regions for the Tonic Water Market?

On the Basis of Type:

• Regular Tonic Water
• Diet Tonic Water
• Slimline Tonic Water

• Bottles
• Cans

On the Basis of Application:

• Alcoholic Drinks
• Direct Consumption

• Hypermarkets, Supermarkets & Convenience Stores
• On-trade
• Online
• Others

Tonic Water Market Regional Insights:

North America is the largest market for tonic water, with a share of more than 30.0% in 2019. The United States and Canada are the largest consumers of tonic water, providing great opportunities for the North American market. Moreover, these two countries are also large consumers of gin, and the consumption of tonic water is increasing. This increase in the consumption of spirits is driving the demand for tonic water in the region.
Demand for tonic water is expected to increase over the next few years as binge drinking becomes prevalent in the United States. According to the 2019 National Survey on Drug Use and Health (NSDUH), nearly 25.8% of consumers over the age of 18 (29.7% males and 22.2% females) reported excessive alcohol consumption in 2019.

Geographically, the global Tonic Water market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Tonic Water Market Report Scope:

Frequently Asked Questions (FAQ) about the Tonic Water market:

What is the CAGR of the global Tonic Water market?

The Tonic Water Market is growing at a CAGR of 7.2% during the forecast period.

Which region would offer high growth for vendors in the Tonic Water market?

North America is the largest market for tonic water.

Which Is the Most potential market segment?

By Types- Regular Tonic Water, Diet Tonic Water, Slimline Tonic Water,

By Applications - Alcoholic Drinks, Direct Consumption

Which are the top industry players in the Tonic Water market?

Fever-Tree (UK), Dr. Pepper Snapple Group (US), SodaStream International Ltd. (Israel), A.S. Watson Group (China), Fentimans (UK), Seagram Company Ltd. (Canada), White Rock Beverages (US), Hansen Beverage Company Inc. (US), Stirrings (US), East Imperial (New Zealand), and others.

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