Press Release

Global Ginger Market to Attain a Value of Around USD 8.98 billion by 2032

Global Ginger Market

According to a new report by EMR titled, The global ginger market size attained a value of USD 6.04 billion in 2023. The market is projected to grow at a CAGR of 4.5% in the forecast period of 2024-2032 to reach a value of USD 8.98 billion by 2032.

Ginger is a popular spice which belongs to the family Zingiberaceae. It originated in Southeast Asia and is today used all around the world, particularly in Asian countries. The active constituent of ginger is gingerol, a relative of capsaicin while some of its other ingredients include paradols, shogaol, raw fibre, amino acids, ash, protein, minerals, phytosterols, nicotinic acid and vitamin A.

 

Although ginger is widely used as a spice and condiment to add flavour to food, its rhizome has also long been used in traditional herbal medicine among many cultures. It helps to combat a number of ailments which include degenerative disorders (rheumatism and arthritis), digestive health (constipation, indigestion and ulcer), cardiovascular disorders (hypertension and atherosclerosis), vomiting, diabetes mellitus and cancer. It also has antimicrobial potential, which helps in treating infectious diseases, as well as anti-inflammatory and anti-oxidative properties for controlling the process of ageing.

 

On account of its peppery and sweet flavour with a spicy aroma, the global ginger market has witnessed a healthy growth in recent years. Some of the key factors driving the demand for ginger include population growth, increasing disposable incomes, rising health consciousness and hectic lifestyles.

 

Key findings from the report:

Processed products of ginger are ginger powder, ginger oil and others which include pickled, preserved, crystallised, candied, etc. Ginger powder represents the popular product followed by ginger oil and others.
Region-wise, the Asia Pacific represents a significant market share. Some other major markets include North America, Latin America, Europe and Middle East and Africa.

 

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Expert Market Research has analysed the global ginger market according to types, applications, major producing countries, major regions and key players:

Market Breakup by Type:

  • Fresh Ginger
  • Processed Ginger Products
    • Ginger Powder
    • Ginger Oil
    • Ginger Paste
    • Others

Market Breakup by Application:

  • Food Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Others

 

Market Breakup by Major Ginger Producing Countries:

  • India
  • Nigeria
  • China
  • Indonesia
  • Nepal
  • Thailand
  • Bangladesh
  • Japan
  • Others

 

Market breakup by Region:

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East and Africa

 

Competitive Landscape:

  • Archer-Daniels-Midland Co.
  • Floracopeia Inc.
  • The Ginger People Co.
  • Buderim Ginger Ltd.
  • Capital Foods Limited 
  • NANI Agro Foods Pvt. Ltd.
  • Frontier Co-op.
  • Monterey Bay Herb Company
  • Guangxi Yongjiang Food Industry Co., Ltd.
  • Sun Impex International Foods LLC
  • Indian Organic Farmers Producer Company Limited
  • The Canadian Ginger Co.
  • Natural Ginger Corp.
  • Spice World, Inc.

 

Key Highlights of the Report:

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Major Producing Countries
  • Region
Breakup by Type
  • Fresh Ginger
  • Processed Ginger
Breakup by Application
  • Food Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Others
Breakup by Major Producing Countries
  • India
  • Nigeria
  • China
  • Indonesia
  • Nepal
  • Thailand
  • Bangladesh
  • Japan
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Archer-Daniels-Midland Co.
  • Floracopeia Inc.
  • The Ginger People Co.
  • Buderim Ginger Ltd.
  • Capital Foods Limited 
  • NANI Agro Foods Pvt. Ltd.
  • Frontier Co-op.
  • Monterey Bay Herb Company
  • Guangxi Yongjiang Food Industry Co., Ltd.
  • Sun Impex International Foods LLC
  • Indian Organic Farmers Producer Company Limited
  • The Canadian Ginger Co.
  • Natural Ginger Corp.
  • Spice World, Inc.

 

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