Market Research Report
Ginger Ale - Global Market Outlook (2016-2022)
|Published by||Stratistics Market Research Consulting||Product code||521674|
|Published||Content info||159 Pages
Delivery time: 2-3 business days
|Ginger Ale - Global Market Outlook (2016-2022)|
|Published: May 1, 2017||Content info: 159 Pages||
According to Stratistics MRC, the Global Ginger Ale market is expected to grow from $XX million in 2016 to reach $XX million by 2022 with a CAGR of XX%. Varying consumer's preferences towards drinks which are less in calorie to high-calorie beverages and numerous ginger flavors which are boosting the young drinkers are some of the factors influencing the market growth. In addition excess use of sodas in soft drinks reducing calcium levels in the body and use of artificial ingredients are hindering the market growth.
Based on product type, dry ginger is anticipated to be fastest growing segment during the forecast period as dry ginger is rich in flavour and it is used in alcoholic beverages. It is also used in cases of sore throat, nausea, vomiting and constipation. By distribution channel, supermarket/hypermarket segment leads the market globally. The growth of this segment is attributed to the availability of ginger ale in different brands so that customers can make their own choice. North America is expected to dominate the ginger ale market followed by Asia Pacific due to its low yeast and high-fructose corn syrup.
Some of the key players in global ginger ale market include Zevia , Blenheim Bottling Company Inc , Starbucks Corporation, Honest Tea, A-Treat Bottling Company, Seagram, Buffalo Rock, Bulls head and Cadbury Schweppes P.L.C.
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