The global ginger beer market size was worth around USD 5.09 billion in 2023 and is predicted to grow to around USD 9.36 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7% between 2024 and 2032.
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Market for Ginger Beer: Factors Affecting Growth
Typically non-alcoholic, ginger beer is naturally sweetened and carbonated. It comes from the natural fermenting of prepared ginger spice, sugar, and yeast. Many times, ginger ale is confused with ginger beer. Whereas ginger ale is just carbonated water flavoured with ginger and spice, ginger beer is (brewed) fermented. Usually used in cases of constipation, dry and sore throat, vomiting and nausea, ginger ale is also helpful.
Usually eaten as a non-alcoholic beverage, it has various health advantages. Though it is still regarded as a niche product, the availability of premium ginger beer worldwide has resulted in a growth in the number of consumers of this beverage.
Ginger beer is becoming more and more in demand all around quickly. The predisposition of consumers towards a healthy and tastes fantastic drink with a little bit of heat in the taste will fuel global demand for ginger beer. The severe rules and restrictions imposed by the government for the production of ginger beer due to growing issues about the synthetic components and added sugar utilised constitute the main obstacle against the ginger beer market.
Consumers’ perspective is changing from high-calorie drinks to those with less sweet taste and appearance whereby the ginger beer fits really nicely. Most of the world considers it to be essentially a low alcohol level traditional fermented drink.
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The Global Ginger Beer Market is segmented based on product, application and region
Global Ginger Beer Market: Product Segment Analysis
● Alcoholic Ginger Beer
● Non-Alcoholic Ginger Beer
Global Ginger Beer Market: Application Segment Analysis
● Retail
● Catering
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The Global Ginger Beer market profiles key players such as:
● Gosling Rum Ltd
● Fever Tree
● Maine Root Handcrafted Beverages
● Q- Mixers
● Spindrift
● C-B Beverages Corp
● Bundaberg Brewed Drinks
● Reed’s Inc
● Crabbie’s International
Market for Sparkling Coffee: Regional Analysis
In 2018 North America dominated the worldwide ginger beer market and had most of the market share. With progress largely targeted on the U.S. market, North America region is expected to lead the market during the projection period. Domestic brands as well as imported bottled American ginger beer products are later offered by American corporations, such as PepsiCo, directly rivals of The Coca-Cola Company.
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