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RTD Canned Cocktail Market
RTD Canned Cocktail Market By Product Type (Cider, Gin, Vodka, Wine, Whiskey, Rum, Hard
Seltzer), Flavor (Natural/Unflavoured, Flavoured) & Region - Forecast 2022 – 2032
February 2022 | REP-GB-14248 |
372 pages
|
Food and
Beverage
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RTD Canned Cocktail Market Outlook –
2022-2032
[372 Pages Report] The global RTD canned cocktail market
size was valued at US$ 19.06 Bn in 2022 and is expected to
grow at a compound annual growth rate (CAGR) of 11.6% from
2022 to 2032.
RTD Canned Cocktail Market Size (2022E)
US$ 19.06
Bn
RTD Canned Cocktail Market Projected Size
(2032F)
US$ 57.3
Bn
RTD Canned Cocktail Market Value-based CAGR
(2022-2032)
11.6%
RTD Canned Cocktail Market Top 3 Countries
Market Share
153.4%
Growing demand for packaged food and beverages across the
globe is a chief factor driving sales in the market. As per Future
Market Insights (FMI), RTD canned cocktail sales are likely to
account for ~ 53.4% of the demand in the global RTD cocktail
market, which is anticipated to be valued at US$ 19 Bn in 2022.
2017-2021 RTD Canned Cocktails Historic
Outlook Compared to 2022-2032 Forecast
Demand in the market is projected to increase at an impressive
11.6% CAGR over the assessment period amid surging demand
for unique flavours in packaged beverages.
Consumers are preferring ready-to-eat food and beverages for
their convenience and wide variety. Due to the locked imposed
to curb the COVID-19 pandemic, demand for canned beverages
has increased, which in turn is driving sales in the market.
Further, home-bound individuals who are working remotely are
seeking unique beverages, including alcoholic drinks that have a
longer shelf life.
In addition to this, growing trend of premiumization i