Syndicated Research Studies

U.S. & Canada Tonic Water Market Growth & Trends  The  U.S. and Canada tonic water market  size is expected to reach USD 1.20 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.0% from 2021 to 2028. Tonic water has gained wide-scale penetration across the U.S. and Canada owing to the growing demand for gin and vodka among consumers. The increasing popularity of tonic water as a drink mixer among consumers is consistently rising in the on-trade as well as the off-trade segment. The consumption of alcoholic drinks in the countries is gradually rising during social gatherings and tonic water has become a vital ingredient for cocktails, making it fit for all kinds of social occasions-formal and informal, which is boosting its consumption across the U.S. and Canada. The unflavored flavor segment held the largest share in 2020 and is expected to maintain its lead over the forecast period. Unflavo...

U.S. & Canada Tonic Water Industry Overview The  U.S. and Canada tonic water market  size is expected to reach USD 1.20 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.0% from 2021 to 2028. Tonic water has gained wide-scale penetration across the U.S. and Canada owing to the growing demand for gin and vodka among consumers. The increasing popularity of tonic water as a drink mixer among consumers is consistently rising in the on-trade as well as the off-trade segment. U.S. & Canada Tonic Water Market Segmentation Grand View Research has segmented the U.S. and Canada tonic water market on the basis of flavor, product, type, distribution channel, and country: Based on the Flavor Insights, the market is segmented into Flavored and Unflavored. The unflavored tonic water segment held the largest share of over 65.0% in 2020 and is expected to maintain its lead over the forecast period. The pro...