Nitro Cocktails Market
Nitro Cocktails Market Analysis by Malt-based, Spirit-based, and Wine-based in Cans and Bottles from 2023 to 2033
Analysis of Nitro Cocktails Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Nitro Cocktails Market Outlook (2023 to 2033)
The global nitro cocktails market is valued at US$ 21.9 million in 2023 and is forecasted to reach US$ 102.7 million by 2033, expanding at an astonishing CAGR of 16.7% from 2023 to 2033.
Nitro cocktails are a growing trend in the beverage industry, particularly in the bar and restaurant scene. Nitro cocktails are infused with nitrogen gas, creating a creamy and frothy texture similar to a Guinness beer. This trend has been gaining popularity over the past few years due to nitro cocktail's unique taste and visual appeal. Increasingly health-conscious consumers are seeking convenient beverage options that align with their health goals. As a result, the demand for natural, keto-friendly, and gluten-free ready-to-drink cocktails is rising.
The rising trend of ready-to-drinks is a significant driver of growth in the industry. Consumers are increasingly seeking convenient, easy-to-consume, and portable beverages. The robust penetration of e-commerce platforms for fulfilling market demand for drinks through online sales channels is another key factor driving growth in the industry. E-commerce platforms provide convenience, accessibility, and a wider range of options to consumers.
The trends in the nitro cocktails market of eco-friendly and sustainable packaging are gaining popularity in the food industry. Biodegradable and compostable materials such as paper, sugarcane, and cornstarch are being used as alternatives to traditional plastic packaging, reducing the environmental impact of food products. This shift is driven by consumer demand for environmentally conscious packaging and is expected to continue in the coming years as companies prioritize sustainability in their operations.
- The first-ever nitrogen-infused cola, Nitro Pepsi, was launched in February 2022 by PepsiCo. The creamy, silky feel has been made possible by a special widget inserted at the bottom of each can.
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 18.78 Million |
Estimated Market Value (2023) | US$ 21.9 Million |
Forecasted Market Value (2033) | US$ 102.7 Million |
Global Market Growth Rate (2023 to 2033) | 16.7% CAGR |
United Kingdom Market Growth Rate (2023 to 2033) | 14.9% CAGR |
Japan Market Growth Rate (2023 to 2033) | 16.3% CAGR |
South Korea Market Growth Rate (2023 to 2023) | 13.5% CAGR |
Companies Profiled | FUNKIN Cocktails; Straight Away Cocktails; Mocktail Beverages, Inc.; Bacardi Limited; Manchester Drinks Company Ltd.; SHANGHAI BACCHUS LIQUOR CO.; Brown-Forman; Pernod Ricard; Asahi Group Holdings |
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How Will Nitro Cocktails Meet Evolving Consumer Needs?
“Nitro Cocktails Perfect for Busy Consumers Who Value Efficiency & Convenience”
The organized retail market, particularly in developing countries, and the growing tendency of consumers to move their preferences toward convenience beverages, or ready-to-drink beverage cans, are predicted to support industry expansion throughout the projection period. The sector is also expanding as a result of customer's changing drinking habits, changing consumer behavior, and increased demand for new goods. Additionally, the use of nitrogen enhances the flavor and consistency of the brew, which is expected to speed up market expansion.
Demand is being driven by a growing customer preference for ready-to-drink items due to busy lifestyles and demanding work schedules. The market is projected to project that the market will be driven by the growing working populace, backed by the growing number of working women. Over the projected period, the market is expected to be driven by the increased demand for flavored beverages with reduced alcohol content as a result of growing health concerns. Further predicted market growth includes premiumization of the product through tastes, taste, quality, and package design.
"Capturing Consumer Attention with Creative Packaging and Diverse Flavors in Developing Markets"
The market is witnessing a surge in research and development activities aimed at creating new nitro-infused beverage products such as soft drinks, cocktails, and more. Attractive and innovative packaging designs for these drinks are also a growing trend that is driving demand for nitro cocktails in developing countries. Furthermore, the market is expected to be fueled by the increasing consumer demand for a variety of flavored nitro-infused beverages during the forecast period. The industry is also projected to experience growth due to the growing consumption of premium-quality beverage products that offer freshness, taste, mouthfeel, and diversity.
Nitrogen is a substitute for traditional carbon dioxide, which gives soft drinks their fizz and has many benefits, especially for people who suffer from bloating and heartburn. Nitrogen gas is being used more and more in the field of mixology because it improves the consistency and aromatics of beverages when added.
Which New and Revolutionary Concepts are Driving the Market Forward?
“Developing Health-Conscious Spirit Mixes to Meet Consumer Demand”
As the health and wellness trend continues to gain traction globally, it has become crucial for top brands in the nitro beverage market to develop products that appeal to health-conscious consumers. Combining high-quality ingredients with great taste and functional benefits is key to creating the perfect spirit mix that complements a healthy lifestyle.
- Coco21 is a prime example of a premium, ready-to-serve cocktail that is crafted from pure coconut water and five-times distilled premium vodka. With its pasteurization process, the product remains fresh for up to two years when unopened. The unique concept of gluten-free vodka mixed seamlessly with coconut water for a clean and natural taste is sure to capture the attention of consumers.
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What Challenges Do Prominent Nitro Cocktail Manufacturers Face?
"Accessibility and Affordability of Nitro Cocktail Equipment”
One major limitation of the nitro cocktails market is the specialized equipment required to create nitrogen-infused beverages. This equipment can be costly and difficult to operate, making it challenging for smaller bars and restaurants to enter the market. Additionally, there may be safety concerns associated with handling and storing compressed gas cylinders, which are necessary for the nitrogen infusion process. These factors could limit the accessibility of nitro cocktails to a broader consumer base.
Another limitation is the relatively high cost of nitro-infused beverages compared to traditional cocktails, which could make them consume less and appeal to cost-conscious consumers.
"Impact of Availability of Substitutes Denting Market Growth”
The proliferation of replacement items is impeding market expansion. The rivalry for nitro cocktails includes alcoholic beverages and energy drinks. High-percentage alcoholic beverages are widely available and fulfill their purpose effectively, but because they contain less alcohol than ready-to-drink (RTD) cocktails do, energy drinks are seen as healthier alternatives. Another factor contributing to the popularity of alternatives is that they are frequently less expensive per individual consumption than RTD cocktails.
- For instance, a standard bottle of wine may cost around US$ 15 for one person, but an equivalent RTD drink may cost about US$ 10.
Soft drinks and energy drinks receive a lot of advertising, which increases their appeal. As a result, it is anticipated that the availability of replacements will slow the expansion of the global market during the forecast period.
Country-wise Insights
Where is the Consumption of Nitro Cocktails High in the United States?
“Popularity of Nitro Cocktails Rising Among Younger People Visiting Bars”
The market in the United States is anticipated to rise at a noteworthy CAGR of 14.9% during the projected period.
Nitro cocktails are becoming increasingly popular in the United States, especially among younger generations. Nitro cocktails are created by adding nitrogen to the cocktail, which gives it a creamy and frothy texture. Nitrogen cocktail drinks also help preserve the cocktail's flavor and aroma, also known as alcopop. The United States is one of the major markets for the consumption of nitro beverages, driven by the popularity of craft beer. As a result, many bars and restaurants in the country have started offering nitro cocktails as well, catering to consumers' increasing demand for unique and innovative drinks.
Which Factors are Driving Nitro Cocktails Market Expansion in China?
"Rising Middle-Class and Urbanization: Boon for Nitro Cocktail Suppliers in Retail Industry"
The market in China is projected to increase at a surprising CAGR of 21.6% during the forecasted time frame.
The main drivers of the local market are the rising middle-class population, discretionary income, and quick urbanization. Additionally, it is projected that the expanded retail sector and rising purchasing power in countries such as China and India will increase the demand for ready-to-drink beverages. Additionally, nitro-infused cocktails market growth is anticipated to be fueled by increased consumer beverage spending and the growing millennial demographic.
Market expansion in this county is also being driven by the increasing penetration of several supermarkets, retail stores, and online sites for the purchase of nitro-infused beverages. Increased desire for upscale, practical, and high-quality drinks was brought on by the spread of Western culture. Other important elements influencing product demand in the country are changing lifestyles and increased alcohol consumption.
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Category-wise Insights
What are the Advantages of Using Metal Cans for Nitro Cocktails?
“Metal Cans Offer Durability, Convenience, and Sustainability”
A majority of nitro cocktail packaging in the world is still done in metal cans. Metal cans are a common choice for beverage containers due to their many commercial advantages, including durability, multi-color printing process, marketing assistance, convenience, and sustainability. Additionally, the nutritional value and enduring flavor of beverages in metal containers can be maintained without the use of additives.
What are the Emerging Trends in Nitro Cocktails in Terms of Distribution Channels?
“High Popularity of Offline Stores Among Consumers”
The global nitro cocktails market is expected to see a leading position held by offline sales, which are projected to increase at an astounding CAGR of 15.6% in the projected time frame.
Within the distribution channel segment, due to consumer's high inclination towards convenience stores, specialty stores, and supermarkets for grocery shopping. This is primarily due to the significant distribution channels of supermarkets and hypermarkets across the globe, including major retailers such as Walmart and Target, leading the segment and further fueling its growth.
Due to the changing buying habits of consumers during the forecasting period, the nitro cocktail category of the online store is anticipated to grow at a profitable rate. Local grocery stores and countrywide chains such as Kroger in the United States registering led to consumers favoring online platforms more and could promote sector development. Shopping is a major driver in the segment's growth in the years to come, along with consumer behavior changes.
Competitive Landscape
To entice consumers around the world, both small and large firms are launching cutting-edge products and broadening their product lines. The demand for the product is also very strong, particularly among millennials, according to several beverage makers who use nitro technology.
The widespread presence of major market participants and their dedication to keeping up with the developments in such cocktails supplied by the developed market. The competitive landscape for the nitro cocktails market is diverse and highly fragmented, with numerous small and large players vying for market share.
- Left Hand Brewing Company, a pioneer in nitro-infused beer, announced in 2019 the expansion of the nitro cocktail market with the launch of nitro-infused canned cocktails. The company's range includes a nitro-infused Whiskey Lemonade and a nitro-infused Vodka Soda.
- In 2021, Molson Coors Beverage Company expanded its nitro-infused cocktail range by introducing a new line of canned cocktails, including a nitro-infused Moscow Mule and a nitro-infused Margarita.
Key Segments of Nitro Cocktails Industry Research
-
By Type :
- Malt-based
- Spirit-based
- Wine-based
-
By Packaging :
- Cans
- Bottles
-
By Distribution Channel :
- Online
- Supermarkets
- Liquor Stores
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
- 6.1. Malt-based
- 6.2. Spirit-based
- 6.3. Wine-based
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Packaging
- 7.1. Cans
- 7.2. Bottles
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel
- 8.1. Online
- 8.2. Supermarkets
- 8.3. Liquor Stores
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. FUNKIN Cocktails
- 17.2. Straight Away Cocktails
- 17.3. Mocktail Beverages, Inc.
- 17.4. Bacardi Limited
- 17.5. Manchester Drinks Company Ltd.
- 17.6. SHANGHAI BACCHUS LIQUOR CO.
- 17.7. Brown-Forman
- 17.8. Pernod Ricard
- 17.9. Asahi Group Holdings
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Packaging, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Packaging, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Packaging, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Packaging, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Packaging, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Packaging, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Packaging, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Packaging, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Packaging, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Packaging, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Packaging, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Packaging, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Packaging, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Packaging, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Packaging, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Packaging, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Packaging, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Packaging, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Packaging, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Packaging, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Packaging, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Type, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Packaging, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Packaging, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Packaging, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Packaging, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Packaging, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Packaging, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Packaging, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Packaging, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Packaging, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Type, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Packaging, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Packaging, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Packaging, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Type, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Packaging, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Packaging, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Packaging, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Type, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Packaging, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Packaging, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Packaging, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Type, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Type, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Packaging, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Packaging, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Packaging, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Distribution Channel, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the nitro cocktails market currently valued?
The global nitro cocktails market is valued at US$ 21.9 million in 2023.
What is the projected growth rate for the demand for nitro cocktails?
Worldwide demand for nitro cocktails is predicted to increase at a CAGR of 16.7% from 2023 to 2033.
What is the demand outlook for nitro cocktails for 2033?
Consumption of nitro cocktails is anticipated to reach a market valuation of US$ 102.7 million by 2033.
At what rate is nitro cocktails market growth projected in China?
The market in China is forecasted to expand at a remarkable CAGR of 21.6% during the forecast period.
Who are the key manufacturers of nitro cocktails?
Bacardi Limited, FUNKIN Cocktails, and Mocktail Beverages, Inc. are some of the leading companies manufacturing nitro cocktails.