Tonic Water Market Size By Product Type, By Application, By Distribution Channel, By Geographic Scop
Tonic Water Market Size And Forecast
Tonic WaterMarket was valued at USD 1.844 Billion in 2020 and is projected to reach USD 3.19 Billion by 2028, growingat a CAGRof 7.1 % from 2021 to 2028.
Rising intake ofalcohol beverages, increasing standard of living, and the growing number ofclubs, lounges, & bars are expected to fuel the growth of tonic watermarket over the predicted years. The Global Tonic Water Market reportprovides a holistic evaluation of the market. The report offers a comprehensiveanalysis of key segments, trends, drivers, restraints, competitive landscape,and factors that are playing a substantial role in the market.
GlobalTonic Water Market Definition
Tonic water is acarbonated soft drink which consists of quinine as a major content. Quinine isa bitter compound which come from the bark of the cinchona tree. Quinine isgenerally used as a prophylactic against malaria. It is also used to preventand cure babesiosis and other diseases. Tonic water usually containssignificantly lower quinine content and is consumed for its distinctive bitterflavor. It is often consumed with regular content which is combined with alcoholor fruit juice or non-flavored. Traditional version of tonic water containsadded sugar while diet tonic water contains artificial sweeteners. Diet tonicwater contains very less calories.
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