Press release
Ginger Ale Market Outlook Report 2024-2033: Trends, Analysis, Insights, Overview
"The new report published by The Business Research Company, titled ""Ginger Ale Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the ginger ale market size has grown strongly in recent years. It will grow from $2.63 billion in 2023 to $2.79 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The ginger ale market size is expected to see strong growth in the next few years. It will grow to $3.52 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.
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The Surge In Health-Conscious Consumers Fuels The Ginger Ale Market
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. For instance, in March 2021, a survey conducted by the Kerry Group plc, an Ireland-based public food company, includes 2, 662 beverage consumers across the UK, Germany, Poland, and Spain, 65% of functional beverage consumers are more concerned about their health since COVID-19. Therefore, the rising number of health-conscious people is driving the growth of the ginger ale market.
Reed Inc. Redefines Ginger Ale Market With Zero-Sugar Mocktails In Exquisite Flavors
Product innovation is a key trend gaining popularity in the ginger ale market. Major companies operating in the ginger ale market are focused on launching new products to strengthen their position in the market. For instance, in June 2021, Reed's Inc., a US-based company that manufactures soft drinks and candies, launched a new zero-sugar ginger ale mocktails in two new flavors. Shirley tempting and Transfusion, containing 2, 000 milligrams of fresh, organic pressed ginger. Shirley Tempting delivers a cheerful mix of cherry and pomegranate flavors, and Transfusion is enhanced with juicy grape notes and an easy mixer. These energizing certified ket*ogenic variants are ideal for any drinking occasion because they contain no calories and no artificial preservatives or artificial colors. The new tastes strike a delicate balance between a crisp, reviving ginger flavor and a dash of sweetness, whether consumed straight from the can as a mocktail or combined with other tasty cocktails.
The ginger ale market covered in this report is segmented -
1) By Type: Golden Ginger Ale, Dry Ginger Ale
2) By Distribution Channel: Convenience Stores, Hypermarkets/Supermarkets, Specialty Stores, Online Sale Channel
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Major companies operating in the ginger ale market report are Dr Pepper/Seven Up Inc., Boylan Bottling Co., Hansen's Natural Corporation, Vernors and Hansen Natural Corporation, Buffalo Rock Company, Schweppes International Limited, Polar Beverages, Bruce Cost Fresh LLC, Zevia LLC, Fever-Tree Limited, Seagram Company Ltd., Reed's Inc., Bundaberg Brewed Drinks Pty Ltd, Fentimans Ltd, Honest Tea Inc., Harney & Sons LLC, Thomas Henry GmbH & Co. KG, Jones Soda Co., Boylan Heritage LLC, A-Treat Bottling Company, Red Rock Cola Inc., White Rock Beverages Inc., Q Mixers Inc., Regatta Craft Mixers, Maine Root LLC, Blenheim Bottling Company, Mason's Drinks Ltd, Llanllyr Source Ltd, Boots Beverages Inc., Gosling's Ltd.
Contents of the report:
1. Executive Summary
2. Ginger Ale Market Report Structure
3. Ginger Ale Market Trends And Strategies
4. Ginger Ale Market - Macro Economic Scenario
5. Ginger Ale Market Size And Growth
…..
27. Ginger Ale Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."
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