Europe Tonic Water Market Size and Forecast 2021 - 2031, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Plain and Flavored), Category (Low/No Sugar and Regular), End User (On-Trade and Off-Trade), and Country

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The Europe tonic water market size was valued at US$ 1.13 billion in 2024 and is projected to reach US$ 1.76 billion by 2031; it is expected to register a CAGR of 6.5% during 2025-2031.

The popularity of gin-based cocktails is on the rise in bars and restaurants, which indicates the spurred demand for tonic water in the hospitality sector. Mixologists and bartenders are continually innovating and experimenting with new gin and tonic combinations with different flavors, driving the need for various tonic water options to accommodate diverse tastes and preferences. As a result, tonic water manufacturers are expanding their product offerings to include different flavors, formulations, and packaging sizes to meet the demand of both retail consumers and the hospitality industry. Thus, owing to the rising popularity of the gin and tonic combination, the increasing demand for gin boosts the Europe tonic water market growth.

Key players in the tonic water market engage in adopting strategic initiatives such as product launches and development to cater to the growing demand for low-sugar and low calories tonic water. For instance, in June 2022, Fever-Tree announced the launch of low-calorie tonic water made with Spanish clementines. The launch was aimed at catering to the growing demand for low calories tonic water. Low-sugar tonic water provides a guilt-free option for consumers looking to enjoy their favorite cocktails without the excess calories and sugar content typically found in traditional tonic water. Thus, the surging demand for low-sugar tonic water is expected to become a key trend in the tonic water market in the coming years. This trend is particularly pronounced among millennials and the Gen Z population, who prioritize health and wellness in their purchasing decisions and seek transparency in product ingredients.

Germany is one of the significant markets for tonic water in Europe. The rising popularity of gin across the country is one of the major factors contributing to the growth of the tonic water market in Germany. Tonic water is largely used as a mixer in bars, restaurants, hotels, and at home to make different types of cocktails. In addition, health-conscious consumers in the country are adopting low-sugar and natural tonic water, aligning with the broader trend of healthier beverage choices. Further, the growing popularity of cocktail culture and mixology has fueled the demand for tonic water in Germany.

Some of the key players operating in the Europe tonic water market are Double Dutch Ltd, Fevertree Drinks Plc, Fentimans Ltd, Nestle SA, The Coca-Cola Co, Thomas Henry GmbH, Britvic Plc, East Imperial Beverage Corp, Three Cents Co, and MBG International Premium Brands GmbH. These players offer innovative products at affordable prices that attract a large number of consumers, opening new opportunities for them in the coming years.

The overall Europe tonic water market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe tonic water market.

Product Code: TIPRE00040915

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Europe Tonic Water Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End Users
4.4 List of Vendors across the Value Chain

5. Europe Tonic Water Market - Key Market Dynamics

5.1 Europe Tonic Water Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Demand for Gin
- 5.2.2 Innovations in Flavors
5.3 Market Restraints
- 5.3.1 Availability of Substitutes
5.4 Market Opportunities
- 5.4.1 Proliferation of E-Commerce
5.5 Future Trends
- 5.5.1 Preference for Low-Sugar Tonic Water
5.6 Impact of Drivers and Restraints:

6. Europe Tonic Water Market Analysis

6.1 Europe Tonic Water Market Revenue (US$ Million), 2021-2031
6.2 Europe Tonic Water Market Forecast and Analysis

7. Europe Tonic Water Market Analysis - by Type

7.1 Plain
- 7.1.1 Overview
- 7.1.2 Plain: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Flavored
- 7.2.1 Overview
- 7.2.2 Flavored: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)

8. Europe Tonic Water Market Analysis - by Category

8.1 Low or No Sugar
- 8.1.1 Overview
- 8.1.2 Low or No Sugar: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Regular
- 8.2.1 Overview
- 8.2.2 Regular: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)

9. Europe Tonic Water Market Analysis - by End User

9.1 On-Trade
- 9.1.1 Overview
- 9.1.2 On-Trade: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Off-Trade
- 9.2.1 Overview
- 9.2.2 Off-Trade: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)

10. Europe Tonic Water Market - Country Analysis

10.1 Europe
- 10.1.1 Europe Tonic Water Market Breakdown by Countries
- 10.1.2 Europe Tonic Water Market Revenue and Forecast and Analysis - by Countries
  - 10.1.2.1 Europe Tonic Water Market Revenue and Forecast and Analysis - by Country
  - 10.1.2.2 Germany: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.2.1 Germany: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.2.2 Germany: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.2.3 Germany: Europe Tonic Water Market Breakdown by End User
  - 10.1.2.3 France: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.3.1 France: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.3.2 France: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.3.3 France: Europe Tonic Water Market Breakdown by End User
  - 10.1.2.4 Italy: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.4.1 Italy: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.4.2 Italy: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.4.3 Italy: Europe Tonic Water Market Breakdown by End User
  - 10.1.2.5 United Kingdom: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.5.1 United Kingdom: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.5.2 United Kingdom: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.5.3 United Kingdom: Europe Tonic Water Market Breakdown by End User
  - 10.1.2.6 Spain: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.6.1 Spain: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.6.2 Spain: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.6.3 Spain: Europe Tonic Water Market Breakdown by End User
  - 10.1.2.7 Sweden: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.7.1 Sweden: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.7.2 Sweden: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.7.3 Sweden: Europe Tonic Water Market Breakdown by End User
  - 10.1.2.8 Netherlands: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.8.1 Netherlands: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.8.2 Netherlands: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.8.3 Netherlands: Europe Tonic Water Market Breakdown by End User
  - 10.1.2.9 Rest of Europe: Europe Tonic Water Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.9.1 Rest of Europe: Europe Tonic Water Market Breakdown by Type
    - 10.1.2.9.2 Rest of Europe: Europe Tonic Water Market Breakdown by Category
    - 10.1.2.9.3 Rest of Europe: Europe Tonic Water Market Breakdown by End User

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Market Share Analysis, 2024

12. Industry Landscape

12.1 Overview
12.2 Partnership
12.3 New Launch

13. Company Profiles

13.1 Double Dutch Ltd
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Fevertree Drinks Plc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Fentimans Ltd
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Nestle SA
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 The Coca-Cola Co
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Thomas Henry GmbH
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Britvic Plc
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 East Imperial Beverage Corp
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Three Cents Co
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 MBG International Premium Brands GmbH
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners