North America Cocktail Market: Advanced Technologies & Growth OpportunitiesPosted by rohan on November 1st, 2017 The North America Cocktail Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021. Cocktail is the mixture of two or more beverages, at least one among them containing alcohol. When a mixed drink includes only a mixer and a distilled spirit, such as fruit juice or soda, it is a highball. When a cocktail contains only a liqueur and a distilled spirit, it is a duo and when it adds a mixer, it is called trio. Additional ingredients can be sugar, milk, cream, honey, and various herbs. The beverages which are used in the preparation of cocktail which contain alcohol are usually among gin, vodka, whiskey, brandy, tequila, cachaça and rum. If the drink contains beer as one among the ingredients, then it is called a beer cocktail. Cocktails contain one or many types of liqueur, sauce, honey, juice, fruit, spices, milk or cream, or other flavorings. Cocktails vary in the ingredients present in them from one bartender to another, and from one region to another. Two creations can have the same name but taste can be very different because of differences in the preparation of drinks. View full report @ http://www.marketdataforecast.com/market-reports/north-america-cocktail-market-3991/ Growth in cocktail consumption due to rise in change in lifestyles and growing disposable incomes drive the growth of the market. Also, availability of botanical & vegetable cocktails is the key driver of the North America cocktail market. Deep-rooted cocktail culture in some countries and higher cocktail consumption rate are expected to provide opportunity for growth to market players. However, since excessive drinking can cause heart and liver damage, depression and cancer development, the growth of this market is restrained. The North America Cocktail market is segmented based on type into short drink and long drink. Long drink segment is expected to have the largest share in the segment. On the basis of application, the market is divided into backyard BBQ, wedding ceremonies, cocktail party and other applications. By distributin channel the market is segmented into bars and restaurants, supermarkets and hypermarkets, convenience Stores and online retail. Key points from TOC:
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Buy now@ http://www.marketdataforecast.com/cart/buy-now/north-america-cocktail-market-3991 The North America Cocktail market is divided based on geography into United States, Canada and Mexico. North America has the largest market for cocktail in the world by share. In the North America region, United States has the largest market share. Factors such as rising consumption of alcohol and growing disposable incomes are expected to drive the market growth in the region. About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com Contact: Abhishek Shukla Sales Manager (International Business Development) Market Data Forecast Direct Line: +1-888-702-9626 Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com
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