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Health And Wellness Awareness Propels Ginger Beer Market: Strengthening the Growth Trajectory of the Ginger Beer Market
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Expected CAGR for the Ginger Beer Market Through 2025?
Over the past few years, there has been substantial growth in the market size of ginger beer. It's predicted to rise from $7.94 billion in 2024 to $8.54 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%. This acceleration in the historical timeline can be ascribed to factors such as cultural and heritage importance, the craft beverage movement, health and wellness trends, the art of mixology and cocktails, flavor originality, along with niche and premium markets.
What's the Projected Size of the Global Ginger Beer Market by 2029?
There is a prediction of substantial expansion in the ginger beer market in the forthcoming years. The valuation is anticipated to reach $11.39 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.5%. This promising rise during the projected period can be credited to increasing health awareness, variety in flavor, premiumization along with branding, global gastronomic effects, ethical and sustainable operations, and the ease of on-the-go consumption. The assertions for the forecast duration include the alcoholic ginger beer sector, global flavor variation, adoption of eco-friendly packaging, convenience for on-the-move consumption, and marketing focus on craftsmanship.
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Top Growth Drivers in the Ginger Beer Industry: What's Accelerating the Market?
The anticipated expansion of the ginger beer market is linked to escalating consciousness about health and wellness. The term health and wellness refers to the comprehensive equilibrium of a person's physical, social, spiritual, emotional, intellectual, environmental, and occupational welfare. The ability of ginger to help alleviate nausea and stomach upset induced by a stomach virus, intense headaches, chemotherapy, or morning sickness during pregnancy is one such health benefit. The ginger oil in ginger beer, which carries antioxidants, shields cells from harm that could ultimately lead to sickness. The Office for National Statistics, a UK-based firm, revealed in November 2023 that from April 2022 to March 2023, adults in Great Britain who described themselves as being in "good health" had a life satisfaction rating 30.0% higher than those who didn't. As a result, the heightened consciousness about health and wellness is presumed to stimulate the expansion of the ginger beer market.
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What Trends Will Shape the Ginger Beer Market Through 2029 and Beyond?
Predominant players in the ginger beer market are endeavoring to meet consumers' increasing demand for distinctive and strong flavors by launching spicy ginger beers. These beers typically have a more vibrant and distinct ginger taste, amplified by extra spices or ingredients. By blending natural flavors with brewed ginger, they offer a balanced, uplifting taste. For example, in September 2024, Canada Dry Mott's, Inc., a Canadian firm, introduced a new Ginger Beer. Designed to provide a rejuvenating punch without overpowering spiciness, it is sold in mini cans (6 x 222 mL). This choice of packaging matches contemporary consumers' needs for portability and portion control while also being suitable for sharing or consuming on the move.
What Are the Main Segments in the Ginger Beer Market?
The ginger beer market covered in this report is segmented -
1) By Type: Alcoholic, Non-alcoholic
2) By Process: Fermented, Non-Fermented
3) By Distribution Channel: Supermarket, Convenience Stores, Specialty Stores, Online Stores
4) By Application: Retail, Catering
Subsegments:
1) By Alcoholic: Craft Ginger Beer, Commercial Ginger Beer, Spiced Ginger Beer
2) By Non-Alcoholic: Traditional Ginger Beer, Sparkling Ginger Beer, Organic Ginger Beer
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Which Top Companies are Driving Growth in the Ginger Beer Market?
Major companies operating in the ginger beer market are Brooklyn Brewery, Fever-Tree, Bundaberg Brewed Drinks, Crabbie's, Q Mixers, Belvoir Fruit Farms, Maine Root Handcrafted Beverages, Goslings, Fentimans, Reeds Inc., Cock'n Bull, Old Jamaica Ginger Beer, Bruce Cost Ginger Ale, Boylan Bottling Co., Canada Dry, Zevia, Barritt's, Blenheim Ginger Ale, Franklin & Sons, Thomas Henry, Great Jamaican Ginger Beer Co., Polar Beverages, Bundaberg, Olde Brooklyn, Stoney Tangawizi, Seagram's, BrewDog, The Ginger People, Whole Earth, Maine Root
Which Regions Will Dominate the Ginger Beer Market Through 2029?
North America was the largest region in the ginger beer market share in 2024. The regions covered in the ginger beer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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