Market For High Strength Premixes Is Expected To Grow At A CAGR Exceeding 5% Until 2031

Dublin, Ireland, 2022-May-09 — /EPR Network/ —

250 Pages High Strength Premixes Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of High Strength Premixes. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of High Strength Premixes Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of High Strength Premixes market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of High Strength Premixes

This newly published and insightful report sheds light on Market Insights of High Strength Premixes, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of High Strength Premixes Market.

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Key Takeaways from High Strength Premixes Market Study

• Malt-based RTD high strength premixes to reach a value of US$ 6 Mn by 2031
• Wine-based & spirit-based RTD high strength premixes to jointly reach US$ 171 Mn in value
• More than 50% of high strength premixes sales to occur across specialty stores
• Sales of high strength premixes to surge at 5% CAGR across the U.S market
• Europe to register around 4% CAGR for high strength premixes demand until 2031
• Nearly 2 out of 5 sales across East Asia to be yielded by the Chinese market
• India is likely to generate highly lucrative expansion opportunities, attributed to rising awareness about contemporary beverages

“Ready-to-drink or high-strength premixes remain popular and are becoming increasingly common; however, stringent regulations imposed by the COVID-19 may cause demand to decline but result in increased online sales of high-strength premixes in the market.” says the Fact.MR analyst.

Competitive Landscape

Several players aim to gain a dominant position in this market through the development of new products to strengthen their position in the market.

• On June 9, 2021, Strong Zero, Japan’s top-selling alcoholic premix, reached Australian shelves. This is a Suntory premix beverage, available at convenience stores across the nation. The company has treated holiday-starved Australians with their most requested flavor-lemon, now rebranded under the name of 196 Double Lemon Down Under.
• On October 15, 2020, Diageo launched a pair of new premix cocktails under two of its most popular spirits brands. These two new drinks, Gordon’s Pink Martini and Smirnoff Passion Fruit Martini will both be available in 250ml cans and will both retain their 5-euro price.

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Key Segments Covered

• Product

  • Spirit-based RTD High Strength Premixes
  • Wine-based RTD High Strength Premixes
  • High-Strength RTD High Strength Premixes
  • Malt-based RTD High Strength Premixes

• Sales Channel

  • High Strength Premixes Sales through Specialty Stores
  • High Strength Premixes Sales through Modern Trade
  • High Strength Premixes Sales through Duty-free Stores
  • High Strength Premixes Sales through Online Stores
  • High Strength Premixes Sales through Other Sales Channels

Consumption Analysis of High Strength Premixes from 2016-2020 Vs Future Forecast for 2021 to 2031

Fact.MR- a market research and competitive intelligence provider- reports that from 2016 to 2020, the global market for high-strength premixes has grown expanded at just under 5% CAGR.

The market for high-strength premixes is expected to grow due to their demand for instant alcoholic mixes. In the ongoing COVID-19 crisis, sales are likely to shift to online distribution channels, impelling the market to grow at a faster pace.

Growing trend of flavored alcoholic beverages in various regions will create a potential market for the high-strength premixes market during the 2021 to 2031 forecast period, registering a CAGR surpassing 5%.

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• Market Insights of High Strength Premixes
• Key Drivers Impacting the High Strength Premixes market
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• High Strength Premixes Market Growth
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More Valuable Insights on High Strength Premixes Market

Fact.MR, in its new report, offers an unbiased Market Analysis of High Strength Premixes, Sales and Demand of High Strength Premixes, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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