Canned Cocktails Market Insights, Trends Sales, Supply, Demand 2020 to 2030

‘Canned cocktails’ has become a spicy word in the alcoholic beverages market and notable mainstream companies have already taken a dive in the pool of canned cocktails.  Fact.MR opines that the global canned cocktails market is to show a handsome growth of greater than 20% over the forecast period primarily influenced by the increased consumer demand for convenience and easy availability. These trends coming to the fore in the global alcoholic beverages industry landscape shall influence canned cocktails market over the forecast period shaping a pathway for its growth.

FactMR found that increasing consumer demand for convenience and premium taste is fueling the growth of canned cocktails market through 2029. Consumer inclination for a convenient format for consumption and carriage, combined with exceptional taste, will continue to provide a ladder for sales of canned cocktails in the upcoming future.

Alcoholic beverages companies have already infiltrated the canned cocktails market, with leading distilleries investing significant amounts to leverage the market for growth opportunities. They are also banking on the fact that consumers are choosing newer premium products over archaic options in the foreseeable future. The study finds that fruit additives based canned cocktails are leading the way, accounting for nearly three quarter share of non-alcoholic additive segment of canned cocktails market. The non-alcoholic additive segment itself holds approximately 80% of the global canned cocktails market. The market players are focusing their efforts towards navigating the hazy rules & regulations to deduce prospective opportunities in canned cocktails.

The companies making an advent into the canned cocktails vertical are looking at the craze for cocktails in the bars and pubs across the globe. The alcoholic beverage industry is already driven by the trending shift of gen Y from usual beers and wines to cocktails. Ease of availability continues to be the key sales propellant of canned cocktails, as these beverages can be merchandised in retail stores and convenience stores where generally high alcohol spirits cannot be legally sold.

The FactMR study also found remarkable uptick in consumer preference for spirit based canned cocktails, which range from gin, whiskey to tequila and vodka. Although the regional spirits like cachaça and saké currently accounts for meagre share of canned cocktails market, they are projected to permeate deep in the culture of alcoholic beverages as the paradigm shift happens towards midget markets. The study also foresees the sale of canned cocktails with alcohol content (ABV) of 5-8% which will show maximum demand during the forecast period.

 Segmentation

FactMR’s study has done the segmentation of the canned cocktails market on the basis of the primary ingredient, additive ingredient, can size, alcoholic content, distribution channel, and region.

Primary Ingredient

• Malt-based
• Spirit-based
• Wine-based
• Others

Additive Ingredient

• Alcoholic
• Non-alcoholic
• Fruits
• Caffeine
• Others

Can Size

• Less than 250 ml
• 250 – 350 ml
• More than 350 ml

Alcoholic Content

• Less than 5%
• 5-8%
• More than 8%

Distribution Channel

• Liquor Stores
• Hypermarkets
• Retail Stores
• Online Channels
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

After reading the  Canned Cocktails Market report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the growth of the global .
• Analyze key regions holding significant share of the total Canned Cocktails Market revenue.
• Study the growth outlook of the global Canned Cocktails Market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use on the Canned Cocktails Market growth.
• Investigate the recent R&D projects performed by each Canned Cocktails Market player.

The Canned Cocktails Market report answers important questions which include:

• What does the status of the   Canned Cocktails Market?

• Canned Cocktails Market look like after the forecast period?
• Which region has the highest contribution to the global Canned Cocktails Market and why?
• Which players remain at the top of the Canned Cocktails Market?
• What opportunities are available for the Canned Cocktails Market players to expand their production footprint?
• Which segment has the maximum impact on the Canned Cocktails Market?

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