The Canada Alcoholic Ready-To-Drinks (Rtds) Market is expected to display an upward trend and is estimated to grow at a value CAGR of 4.19% and a volume CAGR of 3.51% over the forecast duration of 2019 to 2025.
With the younger generation growing older and having higher purchasing power, RTDs/high-strength premixes will likely benefit more than other alcoholic drinks such as beer and spirits. Moreover, alcoholic RTDs are likely to benefit with beer and spirits manufacturers switching over to adjacent categories such as RTDs. In late 2015, Thirstie, a New York-based technology company, started testing a new smartphone app which would allow the placing of orders via mobile phone for alcoholic drinks. Given the growing importance of the tech-savvy younger generation to alcoholic drinks sales, such a service would likely appeal to many. Existing alcohol delivery service providers like Grocery Gateway have seen growing online sales, with this option resonating well with consumers. Alcoholic ready-to-drinks (RTDs) could benefit from this growing trend towards online and mobile sales.
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However, the market growth in Canada could be curtailed by stringent regulations on alcohol purchase and consumption, as Canada’s provincial governments determine the legal age for consuming alcohol in the country. Further, the average unit price in RTDs/high-strength premixes increased as the number of premium offerings expanded and consumers traded up, with this particularly being the case in spirit-based RTDs, supported by ongoing innovation and new product development.
The major competitors in the Canada alcoholic RTDs market are Mark Anthony Brands Ltd., E&J Gallo Winery, Inc., Diageo Plc, Constellation Brands, Inc. and Bacardi & Co., Ltd.
Table Of Content
1. Canada Alcoholic Ready-To-Drinks (Rtds) Market - Summary
1.1. Market Size & Forecast
1.2. Market Driving Aspects
1.3. Market Restraining Aspects
1.4. Key Players
2. Canada Alcoholic Ready-To-Drinks (Rtds) Industry Outlook
2.1. Market Definition
2.2. Pestel Analysis
2.3. Market Attractiveness Index
2.4. Market Share Analysis
2.5. Brand Share Analysis
3. Canada Alcoholic Rtd Market - Segmentation (In Terms Of Value: $ Million & In Terms Of Volume: Million Liters)
3.1. By Product Type (High-Strength Premixes & Ready-To-Drinks (Rtds))
3.2. By Rtd Type (Spirit-Based Rtds, Wine-Based Rtds & Malt-Based Rtds)
4. Competitive Landscape
4.1. Bacardi & Co., Ltd.
4.2. Constellation Brands, Inc.
4.3. Diageo Plc
4.4. E&J Gallo Winery, Inc.
4.5. Mark Anthony Group
5. Research Methodology & Scope
5.1. Research Scope & Deliverables
5.2. Sources Of Data
5.3. Research Methodology
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