Ginger Ale Market - Forecast(2024 - 2030)

Report Code: FBR 0305 Report Format: PDF + Excel

Ginger Ale Market Overview

Ginger Ale Market size is forecast to reach $3.2 billion by 2026, growing at a CAGR of 4.8% during the forecast period 2021-2026. Ginger Ale is a carbonated soft drink with ginger root being its primary ingredient. It has other constituents to impart flavor artificially namely sugar, lime and lemon. Increasing demand of Ginger Ale is also being used as a home remedy for relief from cough and cold, motion sickness and digestive disturbances like constipation due to its presence of probiotics, is driving the growth of the market. Ginger ale has a very unique flavor to it which ranges from mild to strong. This is the reason it is used progressively in many alcoholic and non-alcoholic drinks, for instance, ginger beer. This is set to further enhance the overall market development of the Ginger Ale Market for the period 2021-2026.

Report Coverage

The report: Ginger Ale Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Ginger Ale Market.

By Type: Golden Ginger Ale, and Dry Ginger Ale.
By Distribution Channel: Convenience Stores, Hypermarkets/Supermarkets, Specialty Stores, and Online Sale Channel.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa).

Key Takeaways

  • North America dominated the Ginger Ale Market in 2020 owing to the wide consumption of ginger ale across households couple with an ever growing consumer base. The Ginger Ale market scope for different regions will be provided in the final report.
  • Increasing preference of consumers towards low-calorie drinks coupled with the growing awareness regarding healthy benefits of ginger ale are likely to aid the market growth of the Ginger Ale Market report.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Ginger Ale Market report.
  • Over consumption of carbonated water and sugar which are the constituents of ginger ale causes calcium depletion in body which is poised to create the hurdles for the Ginger Ale Market.

Ginger Ale Market Revenue Share, By Geography, 2020(%)

Ginger Ale Market

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Ginger Ale Market Segment Analysis – By Type

Golden Ginger Ale segment held the largest share in the Ginger Ale Market in 2020 and is estimated to grow at a CAGR 4.4 % during the forecast period 2021-2026. This is attributed to the wide spectrum of health benefits associated with the consumption of golden ginger ale. Consumers have been using golden ginger ale to get relief from a lot of ailments like migraine and inflammation. Additionally, it contains a lot of antioxidants and helps to lower blood pressure, thereby reducing risks of heart attacks. The Dry Ginger Ale comparatively has a milder flavour and a pale color and is rapidly gaining traction across food and beverages industry because of its mixability in various alcoholic and non-alcoholic drinks. Dry Ginger Ale are estimated to register the higher CAGR over the period 2021-2026.

Ginger Ale Market Segment Analysis – By Distribution Channel

Convenience Stores held the largest share in the Ginger Ale Market in 2020 and is estimated to grow at a CAGR of 4.0% during the forecast period 2021-2026. This is owing to the increasing number of consumers preferring to buy from curated ginger ale retails where they feel they get to have proper human interaction regarding the product they are interested as well as their responses are heard. However, supermarkets/hypermarkets have the potential to offer a wide range of products from various companies under one roof. This makes the entire buying experience of consumers easy and convenient. Supermarkets/Hypermarkets are estimated to register the higher CAGR over the period 2021-2026.

Ginger Ale Market Segment Analysis – By Geography

North America dominated the Ginger Ale Market with a major share of 33.8% in 2020. This is attributed to the huge consumer base for ginger ale throughout this region. Every household across North America consumes some or the other form of soda, most of which is ginger ale. Additionally, most of the key market players of the industry are concentrated in this region making it the largest production house of ginger ale. All these factors are propelling the growth of the market in this region.

However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing ability of the growing awareness of consumers regarding the health benefits associated with the inclusion of ginger ale in their routine. The inclination towards low-calories drinks throughout this region is another factor which is driving the growth of the market in this region.

Ginger Ale Market Drivers

Increasing consumption of low calorie drinks

There has been a growing consumer awareness regarding consumption of low-calorie drinks across all the major economies because of which there is a growing incidence in the inclusion of ginger ale in their diet. Ginger ale is often mixed with artificial sweeteners which reduces its calorie count, thereby making the drink tasty and nutritionally balanced at the same time. Thus, increasing the growth of the Ginger Ale Market during the forecast period 2021-2026.

Availability of a wide variety of flavors

Ginger root and sugar which are the main constituents of ginger ale are often mixed with a variety of other ingredients in order to add flavors and diversify the taste ranges of the drink. Ginger ale is also consumed in the form of beer flavor and is called ginger beer, which acts as a substitute for alcoholic drinks. It is mixed with ingredients like corn syrup, lemon, lime, simple syrup and others by consumers in order to customize their drinks accordingly. Thus, increasing the growth of the Ginger Ale Market during the forecast period 2021-2026.

Ginger Ale Market Challenges

Over consumption leads to calcium depletion in the body

There are a handful factors that are set to impede the growth of the Ginger Ale Market and there are the concerns regarding the excessive usage of artificial ingredients and added sugar which leads to diabetes and heart ailments. Over consumption of soda and soft drinks also cause a calcium dip in the body which is also set to hinder the growth of the market during the forecast period 2021-2026.

Ginger Ale Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Ginger Ale Market. In 2020, the Ginger Ale Market share is consolidated by the top ten players present in the market. The Ginger Ale Market, top 10 companies are Canada Dry, Bruce Cost Fresh, Blenheim Bottling Company, Boylan Bottling Co., and Buffalo Rock Company among others.

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1. Ginger Ale Market- Overview
    1.1 Definitions and Scope
2. Ginger Ale Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Ginger Ale Market– Comparative Analysis
    3.1 Company Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis - Average Selling Price
4. Ginger Ale Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Ginger Ale Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Ginger Ale Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Ginger Ale Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Ginger Ale Market– By Type(Market Size –$Million/$Billion)
    8.1 Golden Ginger Ale
    8.2 Dry Ginger Ale
9. Ginger Ale Market– By Distribution Channel(Market Size –$Million/$Billion)
    9.1 Convenience Stores
    9.2 Hypermarkets/Supermarkets
    9.3 Specialty Stores
    9.4 Online Sale Channel
10. Ginger Ale Market- By Geography(Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia Pacific
    10.4  South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Ginger Ale Market- Entropy
12. Ginger Ale Market– Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Competition Matrix
        12.1.5 Best Practices for Companies
13. Ginger Ale Market– Key Company List by Country Premium Premium
14. Ginger Ale Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
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