Press release
Ginger Beer Market to Reach USD 18.02 Bn by 2029, emerging at a CAGR of 8.99 percent and forecast 2023-2029
Ginger Beer Market
The newly released market report unravels the world of ginger beer, focusing on aspects like its origins, variations, and the flourishing market. Covering ginger's extensive list of minerals and health benefits, the report reveals that the ginger market was valued at US$ 9.86 billion in 2022. This figure is predicted to skyrocket to US$ 18.02 billion by 2029, marking a considerable Compound Annual Growth Rate (CAGR) of 2.73%.
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Ginger Beer Market Research Methodology:
The report's extensive research methodology comprises comprehensive data collection from market participants. It presents a holistic analysis, featuring trends, facts, figures, illustrations, and presentations that span from 2018 to 2022. This deep dive into the ginger market also investigates the driving factors, potential hurdles, opportunities, and limitations within the industry.
What are Ginger Beer Market Dynamics:
One of the driving forces behind the ginger beer market's growth is the increasing global acceptance of carbonated and non-alcoholic beverages. The non-alcoholic beverages market, which was valued at US$ 336.50 billion in 2022, is projected to reach a substantial US$ 1131.52 billion by the end of 2029. The market's impressive growth story is defined by a remarkable CAGR of 18.67%.
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What is Ginger Beer Market Segmentation:
by Product
Alcoholic Ginger Beer
Non- alcoholic Ginger Beer
by Application
Retail
Catering
Other
by Distribution Channel
Convenience Store
Supermarket
Online store
Others
by Process
Fermented
Non-Fermented
by Nature
Organic
Conventional
by type
Golden Ginger Beer,
Dry Ginger Beer
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Who are Ginger Beer Market Key Players:
1. Rita Food and Drink Co., Ltd
2. Portland Soda Works
3. Joint Hand General Trading Llc
4. Super-Super Market Export Ltd
5. Guan Chuar Asia Sdn Bhd
6. Australia Corporation Pty Ltd
7. Xiamen Designcrafts4u Industrial Co. Ltd.
8. Pataza Pty Limited
9. Nantong Chitsuru Foods Co. Ltd.
10. Shandong Gaotang Jbs Bioengineering Co. Ltd.
11. Euro Globe Distributors Limited
12. Bundaberg Brewed Drinks
13. Yongkang August Industry and Trade Co. Ltd.
14. Imi International Limited
15. Anima International Co. Ltd.
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Table of content for the Ginger Beer Market includes:
Ginger Beer Market: Research Methodology
Ginger Beer Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Ginger Beer Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Ginger Beer Market Regional Insights:
In 2022, the North America region flexed its dominance, capturing a significant market share of 33.7%. This regional supremacy is expected to continue due to rising concerns about obesity and the increasing demand for low-calorie beverages driven by health-conscious consumers.
Meanwhile, the Asia Pacific region is gaining momentum with increasing awareness of the health benefits of ginger ale. Renowned for its digestive and nausea-reducing properties, ginger ale is gaining traction in the region. Factors like population growth and growing disposable income are also contributing to the market's growth, with the Asia Pacific boasting a population growth rate of 0.82% in 2022.
Europe is emerging as a hub of innovation in ginger beer products, offering a variety of flavors to consumers. The region's commitment to a healthy lifestyle is driving market growth further.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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