Ginger Beer Global Market Report 2024

Description

Ginger Beer Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ginger beer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for ginger beer? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ginger beer market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

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
Companies Mentioned: Covestro AG; Koninklijke DSM NV; BASF SE; Allnex Belgium SA; Dow Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Ginger beer is a carbonated beverage made from ginger, sugar, and sometimes lemon or other flavorings. Traditionally, it's a non-alcoholic drink but can contain a slight amount of alcohol due to fermentation. The ginger in it is known for its potential health benefits, like aiding digestion and easing nausea.

The main types of ginger beer are alcoholic and non-alcoholic. Alcoholic refers to a colorless flammable liquid that, in one form or another, is the substance in liquors (such as beer, wine, or whiskey) that can cause intoxication. Alcohol is used as an intermediate in the production of sweeteners and fragrances. The processes are fermented and non-fermented that are distributed through channels such as supermarkets, convenience stores, specialty stores, and online stores, used in retail, and catering applications.

The ginger beer market research report is one of a series of new reports from The Business Research Company that provides ginger beer market statistics, including ginger beer industry global market size, regional shares, competitors with ginger beer market share, detailed ginger beer market segments, market trends, and opportunities, and any further data you may need to thrive in the ginger beer industry. This ginger beer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The ginger beer market size has grown strongly in recent years. It will grow from $7.38 billion in 2023 to $7.94 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. Historical growth can be attributed to various factors such as the cultural and heritage significance of beverages, the rise of the craft beverage movement, the influence of health and wellness trends, the evolution of mixology and cocktails, continuous flavor innovation, and the development of niche and premium markets within the beverage industry.

The ginger beer market size is expected to see strong growth in the next few years. It will grow to $10.6 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The expected growth in the forecast period is driven by ongoing health consciousness, the diversification of flavors, premiumization and branding efforts, global culinary influences, the adoption of sustainability and ethical practices, and the demand for convenience in on-the-go consumption. Major trends anticipated during this period encompass the rise of the alcoholic ginger beer segment, the influence of global flavors on product offerings, the implementation of sustainable packaging practices, catering to on-the-go convenience needs, and a marketing focus on highlighting craftsmanship within the industry.

The anticipated surge in health and wellness awareness is set to drive the growth of the ginger beer market. Ginger's potential health benefits, such as alleviating nausea, upset stomachs, and serving as an antioxidant, have garnered attention for their contribution to overall well-being. For instance, as per an American Medical Association article in May 2022, healthcare spending in the United States surged by 9.7% to $4.1 trillion in 2020, signifying a substantial increase from the 4.3% growth in 2019. This heightened awareness of health and wellness is expected to boost the demand for ginger beer.

The expanding beverage industry is forecasted to propel the ginger beer market's growth. Encompassing a vast array of liquid refreshments, the beverage industry witnesses an increasing inclination toward non-alcoholic options, where ginger beer offers a distinctive and flavorful choice for consumers seeking alternatives to traditional soft drinks or alcoholic beverages. For instance, a report by the Distilled Spirits Council in September 2022 highlighted a 42.3% rise in revenue from suppliers of ready-to-drink spirits-based beverages, amounting to $1.6 billion in 2021. This trend is contributing to the growing traction of the ginger beer market.

Product innovation emerges as a pivotal trend shaping the ginger beer market landscape. Leading companies are keenly focused on introducing novel products to maintain their foothold in the ginger beer market. A notable example is T-Mobile US Inc.'s collaboration with Jones Soda Co. in June 2021 to launch 5Ginger Beer, an adaptable and premium non-alcoholic brew designed for standalone consumption or as a base for cocktails or mocktails.

Key players in the ginger beer industry prioritize product development and new launches, exemplified by the introduction of Stormy Peach Ginger Beer. This variant, known for its standalone appeal and compatibility with various mixers, marks an innovative addition to the market. For instance, Goslings, a Bermuda-based company renowned for its Dark 'n Stormy cocktail, expanded its non-alcoholic beverage range with Stormy Peach Ginger Beer in October 2023. Priced at $7.99 for a 6-pack of 12 oz cans and available at over 2,000 Walmart stores, this launch reflects Goslings' commitment to offering diverse, refreshing options, capitalizing on evolving consumer preferences.

In September 2022, Amos Beason, a managing director at Seward Capital, a prominent investment firm in the US, completed the acquisition of Willie's Superbrew, a distinguished brand known for its unique line of hard seltzers crafted with real fruit and powered by superfruits. The acquiring group, led by Amos Beason, holds strong confidence in the exceptional quality and appeal of Willie's Superbrew's product portfolio. With this strategic move, the aim is to reintroduce Willie's fruited hard seltzers to retail markets by the upcoming spring season. Willie's Superbrew, recognized for its innovative concoctions such as ginger beer infused with real fruit and its signature line of hard seltzers, has garnered a notable reputation for its commitment to natural ingredients and flavorful offerings.

Major companies operating in the ginger beer market report are Covestro AG, Koninklijke DSM NV, BASF SE, Allnex Belgium SA, Dow Inc., H.B. Fuller Company, Wanhua Chemical Group Co. Ltd., SNP Inc., Kamsons Chemicals Pvt. Ltd., Axalta Coating Systems Ltd., The Sherwin-Williams Company, Perstorp AB, C.L Hauthaway & Son Corporation, Lamberti S.p.A., Sun Polymers International Inc., R. STAHL GmbH, Chemtura Corporation, Lanxess AG, Lubrizol Corporation, Bayer MaterialScience AG, PPG Industries Inc., Capital Resin Corporation, Walter Wurdack Inc., Palmer Holland Inc., SIWO US Inc., Brilliant Group Inc., Aditya Birla Chemicals Ltd., Hauthaway Corporation, Henkel AG & Co. KGaA, Huntsman Corporation, and Nippon Polyurethane Industry Co. Ltd.

North America was the largest region in the ginger beer market share in 2023. The regions covered in the ginger beer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ginger beer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ginger beer market consists of sales of sweetened and carbonated ginger beers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12739

1. Executive Summary

2. Ginger Beer Market Characteristics

3. Ginger Beer Market Trends And Strategies

4. Ginger Beer Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Ginger Beer Market Size and Growth

5.1. Global Ginger Beer Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Ginger Beer Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Ginger Beer Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Ginger Beer Market Segmentation

6.1. Global Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Alcoholic
Non-Alcoholic
6.2. Global Ginger Beer Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Fermented
Non-Fermented
6.3. Global Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Supermarket
Convenience Stores
Specialty Stores
Online Stores
6.4. Global Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Retail
Catering

7. Ginger Beer Market Regional And Country Analysis

7.1. Global Ginger Beer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Ginger Beer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Ginger Beer Market

8.1. Asia-Pacific Ginger Beer Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Ginger Beer Market

9.1. China Ginger Beer Market Overview
9.2. China Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Ginger Beer Market

10.1. India Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Ginger Beer Market

11.1. Japan Ginger Beer Market Overview
11.2. Japan Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Ginger Beer Market

12.1. Australia Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Ginger Beer Market

13.1. Indonesia Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Ginger Beer Market

14.1. South Korea Ginger Beer Market Overview
14.2. South Korea Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Ginger Beer Market

15.1. Western Europe Ginger Beer Market Overview
15.2. Western Europe Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Ginger Beer Market

16.1. UK Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Ginger Beer Market

17.1. Germany Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Ginger Beer Market

18.1. France Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Ginger Beer Market

19.1. Italy Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Ginger Beer Market

20.1. Spain Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Ginger Beer Market

21.1. Eastern Europe Ginger Beer Market Overview
21.2. Eastern Europe Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Ginger Beer Market

22.1. Russia Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Ginger Beer Market

23.1. North America Ginger Beer Market Overview
23.2. North America Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Ginger Beer Market

24.1. USA Ginger Beer Market Overview
24.2. USA Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Ginger Beer Market

25.1. Canada Ginger Beer Market Overview
25.2. Canada Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Ginger Beer Market

26.1. South America Ginger Beer Market Overview
26.2. South America Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Ginger Beer Market

27.1. Brazil Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Ginger Beer Market

28.1. Middle East Ginger Beer Market Overview
28.2. Middle East Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Ginger Beer Market

29.1. Africa Ginger Beer Market Overview
29.2. Africa Ginger Beer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Ginger Beer Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Ginger Beer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Ginger Beer Market Competitive Landscape And Company Profiles

30.1. Ginger Beer Market Competitive Landscape
30.2. Ginger Beer Market Company Profiles
- 30.2.1. Covestro AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Koninklijke DSM NV
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. BASF SE
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Allnex Belgium SA
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Dow Inc
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Ginger Beer Market Competitive Benchmarking

32. Global Ginger Beer Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Ginger Beer Market

34. Ginger Beer Market Future Outlook and Potential Analysis

34.1 Ginger Beer Market In 2028 - Countries Offering Most New Opportunities
34.2 Ginger Beer Market In 2028 - Segments Offering Most New Opportunities
34.3 Ginger Beer Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer