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Ginger Beer Market by Type (Alcoholic Beverage, Non-Alcoholic Beverage) by Distribution Channel (Household, HoReCa (Hotels, Restaurants and Cafe), Catering)- Growth, Future Prospects And Competitive Analysis, 2016 - 2028

Ginger Beer Market Analysis

Ginger beer is a drink that's widely accepted worldwide due to its carbonated properties. It's a well-enjoyed beverage served in pubs, clubs, cafes, and restaurants, making it pretty demanding, especially in North and South America. Ginger beer is made by fermenting prepared ginger spice and adding yeast and sugar. The sugar makes it sweetened; sometimes, the extra syrup is added for more taste.

Often, ginger beer is mistaken for ginger ale. However, both of these drinks are different from each other. They're prepared differently and also have contrasting tastes. Ginger ale is carbonated water that tastes like ginger. At the same time, ginger beer is fermented adequately as it's a beer.

ginger-beer-market

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There's organic and inorganic ginger beer as well. The former is fresh and is prepared through natural ingredients, such as raw ginger and sugar. The latter, however, has artificial colorings and chemicals added to it, making it highly preserved.

The Global Ginger Beer market is expected to witness a CAGR of 9.58% during the forecast period. The revenue generated by the global Ginger Beer market in 2021 was over USD 9,057.00 million and is expected to generate revenue worth USD 18,036.40 million in 2028. Therefore, the incremental growth opportunity offered by the global Ginger Beer is estimated to be USD 106.75 billion between 2022 and 2028.   

Interesting Facts about Ginger Beer Industry

  • Ginger Beer was First Made in the UK
  • Ginger Beer has Never Contained Actual Beer
  • Ginger Beer Believed to Be Good Promoter of Mental Health
  • Natural Fermentation produces ginger Beer
  • Ginger Beer Production reached around 900 million liters in 2021

Health Benefits of Ginger Beer

Ginger beer doesn't always have to be alcoholic, and non-alcoholic ones have quite the health benefits for the human body. That's primarily because of an active ingredient in ginger beer that helps contribute to the benefits.

The ingredient used in ginger beer is gingerol, a highly enriched mineral oil, just like magnesium, copper, potassium, and vitamin B6. Gingerol helps with plenty of medical conditions, such as relieving nausea. It also aids in digestion, helping one feel light and at ease. Gingerol is said to help reduce the risk of cancer too.

There's a reason why ginger beer is always in demand; it's because of how much it benefits the human body. Gingerol is known to act as the best anti-inflammatory agent, helping significantly with swelling. Another benefit of gingerol is that it's an anti-bacterial, killing any active bacteria in your system when you consume it.

HoReCa (Hotels, Restaurants, and Cafe) to Dominate Sales Channel of Ginger Beer

Household, HoReCa (Hotels, Restaurants, and Cafe), and Catering are major sales channels of ginger beer. However, the problem wasn't with ginger beer's demand but its supply. When the Global Pandemic announced itself, many businesses took a hit, halting production and shutting down factories. As a result, no active factories could produce ginger beer, which slowed its market.

Apart from that, restaurants and pubs that served ginger beer were also ordered to shut down due to the lockdown. There was no way for ginger beer to be sold anywhere in the market. Companies who manufactured it saw severe dips in numbers, with the product life cycle drawing close to its end.

Speedy Recovery from Post COVID 19 Decline

Luckily for ginger beer manufacturers, the COVID-19 situation improved, with governments worldwide lifting the lockdown. Restaurants have opened up again, and so have factories. Since ginger beer's an already pretty demanded product, brands wouldn't have to re-market it.

The supply is slowly coming back up, with ginger beers back in production. Ginger beer originated in Europe, but it's now more popular in the North American region. It isn't just known for its great taste and health benefits that significantly impact the human body.

MAVIG, AADCO Medical, Bundaberg Brewed Drinks, C-B Beverages Corp., Crabbie's International, Epimed, Fever Tree, Gosling Rum Ltd., Maine Root Handcrafted Beverages (MRHB), Q- Mixers, Reed's Inc., Scanflex Medical, Spindrift, Wardray Premise, and Wolf X-Ray Corporation are leading manufacturers of ginger beer.

Frequently asked questions about global Ginger Beer industry

Likewise other industries, COVID 19 also taken a toll on Ginger Beer market with around 9.43% decline in its revenue in 2020 as compare to 2019

U.S. is the largest regional market with highest share in the total volume of Ginger Beer consumed in 2021

Increasing awareness about health benefits offered by the ginger beer to result in growing demand for ginger beer

Non-alcoholic ginger beer segment dominated the Ginger Beer market in 2021 with over 60% share

HoReCa (Hotels, Restaurants and Cafe) segment was the largest application of Ginger Beer in 2021 with over 40% share

Ginger Beer Report Scope

Report Attribute Details
Ginger Beer Report Scope USD 9,057.00 million
Market Value in 2028 USD 18,036.22 million
CAGR 9.58% between 2021 and 2028
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
Segments covered

Type

Alcoholic Beverage

Non-Alcoholic Beverage  

Sales Channel

Household

HoReCa (Hotels, Restaurants and Cafe)

Catering

Regional Scope North America (U.S., Canada and Mexico), Europe (Russia, Spain, Italy, Germany, France, UK, Poland, Belgium, Netherland, Sweden, Denmark, Austria, etc.), Asia Pacific (India, South Korea, China, Japan, Taiwan, Singapore, Vietnam, Thailand, Indonesia, Malaysia, Australia, etc.), Latin America (Peru, Chile, Colombia, Brazil, Argentina, etc.), Middle East (KSA, UAE, Israel, etc.) & Africa (Egypt, Nigeria, South Africa, East African Community, etc.)
Major Players Analysed MAVIG, AADCO Medical, Bundaberg Brewed Drinks, C-B Beverages Corp., Crabbie’s International, Epimed, Fever Tree, Gosling Rum Ltd., Maine Root Handcrafted Beverages (MRHB), Q- Mixers, Reed’s Inc., Scanflex Medical, Spindrift, Wardray Premise and Wolf X-Ray Corporation
Cost of the Report Write us at [email protected]
Choose License Type
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
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Published Date:  Feb 2022
Category:  Food & Beverage
Report ID:   60495
Report Format:   PDF
Pages:   128
Rating:    4.3 (55)
Delivery Time: 24 Hours to 48 Hours   
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