Global Ginger Ale Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
10 May, 2023
The global ginger ale market size is expected to grow from $2.48 billion in 2022 to $2.64 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ginger ale market size is expected to grow to $3.24 billion in 2027 at a CAGR of 5.2%.
Global Ginger Ale Market Key Driver
The rising number of health-conscious people is expected to boost the growth of the ginger ale market. Health-conscious people are individuals having an active interest in healthy lifestyles. Ginger's antioxidants have anti-inflammatory properties, and potential advantages for nausea, migraines, and heart health are worth considering. Health-conscious people look for healthy food and beverage options for several reasons, including providing various health benefits and preferring healthier beverages with significant health benefits, which drives the ginger ale market.
Get a Sample of the global ginger ale market reportGlobal Ginger Ale Market Segments
The global ginger ale market is segmented:
1) By Type: Golden Ginger Ale, Dry Ginger Ale
2) By Distribution Channel: Convenience Stores, Hypermarkets/Supermarkets, Specialty Stores, Online Sale Channel
3) By Geography: The regions covered in the ginger ale market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global ginger ale market.
Major Ginger Ale Industry Players
Canada Dry, Bruce Cost Fresh, Blenheim Bottling Company, Buffalo Rock Company, Seagram, Boylan Bottling Co, Dr. Pepper Snapple Group, Zevia, Honest Tea.
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Ginger Ale Market Overview
Ginger ale is a sweetened carbonated non-alcoholic beverage that gets its taste and pleasant feel mainly from the underground stem, or rhizome, of ginger. It contains preservatives, like citric acid and sodium benzoate, as well as caramel color and consumed on its own or used as a mixer, often with spirit-based drinks.
Ginger Ale Global Market Report 2023 provides data on the global ginger ale market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The ginger ale market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.