GLOBAL TONIC WATER MARKET TO BE VALUED US$2.45 BN WITH INTRODUCTION OF NEW BEVERAGE FLAVORS


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Uploaded on Feb 24, 2021

Category Business

According to the TMR reports, the global tonic water market is anticipated to be worth a US$2.45 bn by the end of 2025. Previously the market was valued at US$1.52 bn as per the 2016 records and now the forecast period is set from 2017 to 2025 with CAGR growth of about 6.10%. Among segmentation by products, the market is seen to be dominated by flavored tonic water and in terms of applications the tonic water segmentation of alcoholic drinks is projected to dominate the market as compared to revenue share collected by the non-alcoholic segmentation.

Category Business

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