A report from Grand View Research states that the global ready to drink cocktails market size is expected to grow at a CAGR of 13.4% between the forecast period of 2022 to 2030, and was valued at $782.8 million in 2021.
Monin has introduced two flavors, Strawberry Ginger Lemonade and Cherry Smash, to the company's five-flavor line of Monin HomeCrafted Cocktail Mixers.
Related: Report: Beverage Flavoring System Global Market Value
The other mixer flavors include Margarita, Mai Tai and Dragon Fruit Cosmo.
Strawberry Ginger Lemonade is a blend of strawberry and citrus with a hint of ginger. Cherry Smash is a combination of dark cherry and subtle citrus.
Stasha Johnston, senior vice president of marketing, said, “Creating top-shelf cocktails has never been easier or more delicious! Our newest HomeCrafted Cocktail Mixers offer an exciting way for experienced mixologists or entry-level staff to create memorable beverages with ease. Plus, this elevates any takeout experience in a big way—consistency, premiumization and ease. It’s simple for guests to create restaurant-quality experiences with their delicious to-go meal once they get home.”
Want to know everything going on in flavor & fragrance? Sign up for P&F+'s newsletter. You can also follow along on Instagram and LinkedIn.