According to Cognitive Market Research, The Global Frozen Cocktails market size is USD 1.3 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030.
The demand for frozen cocktails is rising due to the growing strategies of various key players.
Demand for mojitos remains higher in the frozen cocktails market.
The liquor stores category held the highest frozen cocktails market revenue share in 2023.
North America will continue to lead, whereas the Asia-Pacific frozen cocktails market will experience the strongest growth until 2030.
