"Market Intelligence that Adds Flavour to Your Success"
Frozen cocktails are alcoholic beverages that contain a mixture of fruit juices, non-fruity flavors, and alcohol. The frozen cocktails are usually available as popsicles or in frozen squeeze pouches. The frozen cocktails are often viewed as a quick, convenient, and fun variant for alcohol consumption. Further, the growing popularity of frozen cocktails among the millennials and significant increase in the purchase of frozen beverages has also contributed in boosting its market growth.
The frozen cocktail is a steadily growing source of profitability as a refreshing and tasty drink. Additionally, the frozen cocktail dispenser machine requires minimal ingredients and have the potential to create highly profitable product offering; thereby, fuelling its market growth. For instance, In May 2019, The Vollrath Company, LLC launched new line of frozen beverage granite machines for dispensing a variety of high-margin frozen slush, cocktails, and smoothies.
The rise in consumers’ demand for convenient and innovative refreshing drinks is a major factor driving the frozen cocktails market. The change in their taste preferences along with their growing experimentation with new flavors and taste in various alcoholic and non-alcoholic beverages has supported the market growth. Further, the manufacturers are introducing trendy flavors such as passion fruit, ginger beer, and pickle juice for consumers who find irresistible in trying new flavors.
Frozen cocktails contain a significant amount of alcohol that has several negative effects on health such as heart disease, high blood pressure, digestive problems, and others, thus acting as an impeding factor for the market.
Key Market Driver -
Increasing Consumers’ Demand for Innovative and Convenient Drinks
Key Market Restraint -
Negative Health Effects Due to Alcohol Consumption
The key companies operating in the global frozen cocktails market are, Manchester Drinks Co ltd., Harvest Hill Beverage Company, LIC Frozen Cocktails, SMART ICE TRADING B.V., Frozun Spirits Infusion, Kold Frozen Cocktails, Snobar Cocktails, Constellation Brands, Inc., J Marr & Sons, and The Absolut Company.
The global frozen cocktails market is segmented by type, form, and distribution channel. The frozen cosmopolitan segment is accounted for holding the major share as it is among the most preferred cocktail drink due to its unique flavor and taste. The ice popsicle form of frozen cocktail is leading the segment due to its convenience of consumption as well as it is durable nature.
The HoReCa sector is the major distribution channel that has contributed for the increase in sales performance of frozen cocktails. The rise in consumers dining out frequency along with the wide range of frozen cocktails served by them has contributed in driving the market growth.
North America is observing a significant rise in the market due to their surging popularity among the consumers as many bars have started adding frozen-style alcoholic beverages to their menus. Further, the manufacturers launching new variants of frozen cocktails with low-sugar and carbs for creating low-calorie products have boosted its regional market growth.
Europe is expected to witness significant growth in the market in the upcoming years due to the increase in demand for products that offer a premium experience owing to its authentic flavors and ingredients. Additionally, the on-the-go convenience of pouch products and their resistance to breakage is also a factor drawing the consumer’s attention.
Asia Pacific is anticipated to foresee moderate growth in the market as it is already popular in Australia due to its huge consumer base and its strong preference for frozen cocktails. Along with this, the increased digitalization has led the consumers, especially the young population to try out these new products. Thus, these factors are expected to positively contribute to its regional sales performance growth
To gain extensive insights into the market, Request for Customization
By Distribution Channel
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- Global hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry