Global Ginger Market Report and Forecast 2024-2032

Global Ginger Market Size

The global ginger market 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 Market Growth

Ginger, scientifically named as zingiber officinale, is a plant, whose roots are used as a medicine or spice, owing to its distinct flavour and medicinal properties. Ginger crop duration is of 8-9 months, and it is one of the most extensively used spices, especially in various Asian cuisines. Due to its pungent and sweet-spicy aroma, ginger helps impart a unique flavour to different dishes.

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A warm and humid climate is suitable for ginger cultivation, and it can be grown both under irrigated and rain-fed conditions. Moreover, ginger is rich in antioxidants and gingerol, and ginger oleoresin comprises various bioactive components, which are especially used in pharmaceutical applications to treat various health-related issues. This is a significant factor driving the growth of ginger market.

Ginger Market Trends

The widespread usage of ginger in the production of various dishes, including snacks, sauces, baked goods, and soups, among others, is driving the demand of ginger market across regions. Ginger is also used in the baking industry in the production of tremendously popular products such as gingerbread and ginger cookies. Moreover, the trend of holistic well-being is further surging the use of ginger oil owing to its antioxidant and anti-inflammatory properties, enabling it to function as an immune system modulator while relieving symptoms associated with inflammation.

The rising consumption of the product in raw, powdered, pickled, and preserved forms is further boosting the demand for ginger. The presence of numerous antioxidants in ginger makes it ideal for skin care products as it can protect skin from free radicals. It can recuperate skin, even skin tone, and improve circulation while providing additional benefits to acne-prone skin. This is increasing the use of ginger in the personal care and cosmetics industry, which is anticipated to further increase the ginger demand in the forecast period.

Industry Outlook

Trends in the Export and Import of Ginger

In 2022, global ginger exports accounted for USD 602 thousand as per the International Trade Centre (ITC) Trade Map. This represented a significant decline compared to its peak in 2021, where it reached USD 19,007 thousand indicating market fluctuations or shifts in production. Dominica led the global exports, and in 2023 accounted for USD 66,000 of the exports, which reflects the growing demand for ginger market in the country. It was followed by Jamaica, accounting for USD 2,000 of export value. Trinidad and Tobago, and the United Arab Emirates followed with a minimal export value of USD 1,000, each.

The data reflects a concentrated market with Dominica leading substantially despite the downturn, while other nations either showed minimal activity or did not participate in ginger exports. The reasons for this concentration might include Dominica's favorable climatic conditions, established export infrastructure, or possibly strategic trade agreements that bolster its export capacity. The dramatic drop in Dominica's export value from 2021 to 2022 could be attributed to factors such as crop diseases, adverse weather conditions, or changes in global ginger demand.

In 2022, Antigua and Barbuda were the leading importers of ginger with an import value of USD 129,000, down from USD 168,000 in 2021. This significant decrease suggests a reduction in demand or a shift in sourcing strategies. Whereas as per analysis of ginger industry, Suriname imported ginger worth USD 75,000, an increase from USD 42,000 in 2022.

Antigua and Barbuda's sharp decline from 2021 to 2022 could be due to several factors, including changes in domestic production, economic conditions affecting purchasing power, or alternative sources becoming more viable. Suriname, with more stable but modest import values, reflect consistent demand without significant growth of ginger industry or shrinking. The variations in import values across these countries underscore the differing levels of dependence on ginger imports and the impact of broader economic and market dynamics.

Ginger Industry Statistics in India

According to FAO STAT, India produced 1,788,000 tonnes of ginger in 2021, making up 43.81% of the world's total ginger production. The country cultivated over 164,000 hectares with an average yield of 109,024 hg/ha. The rising production levels has expanded ginger market share in India.

After India, Nigeria was the second-largest producer with 691,239 tonnes, representing 16.95% of global production, from over 84,156 hectares and a yield of 82,138 hg/ha. China ranked third, producing from over 55,059 hectares, accounting for 14.24% of the world's ginger production, with a yield of 105,548 hg/ha. Among the top three producers, Nigeria had the lowest yield per hectare.

What Factors are Driving the Ginger Market Expansion?

• Ginger is widely recognised for its medicinal properties, including anti-inflammatory and antioxidant effects.

• Used in various forms such as fresh, dried, powdered, or as an oil, catering to multiple industries like food, beverages, and pharmaceuticals.

• Increasing consumer awareness of natural and organic products boosts demand for ginger globally.

• Favorable growing conditions in multiple regions ensure a steady supply and can positively affect ginger industry revenue in the future as well.

• Innovations in ginger-based products, such as supplements and beverages, can drive market growth.

• Rising demand for organic products presents opportunities for organic ginger farming.

What Challenges are Impacting the Ginger Market?

• Stricter import and export regulations can affect trade dynamics.

• Fresh ginger has a short shelf life, leading to potential losses.

• Prices can fluctuate due to varying yields, weather conditions, and market demand.

• Unpredictable weather patterns can affect ginger production and thereby, the size of ginger industry over the forecast period.

• Product’s easy susceptibility to diseases like bacterial wilt can affect crop yields.

• Ginger cultivation and harvesting require significant manual labor, increasing production costs.

Key Demand Indicators in the Ginger Market

• Widespread use of ginger in cooking across various cuisines boosts demand, particularly in Asian, African, and Western markets.

• Growing use of ginger in natural and herbal medicines contributes to ginger demand growth.

• Increased incorporation of ginger in products like teas, beverages, candies, and dietary supplements. 

• Greater accessibility and convenience of purchasing ginger through online platforms and expanded retail networks.

Competitive Factors in the Ginger Market

• Cost of production, including labor, transportation, and processing, impacts pricing.

• Organic certifications can differentiate products and access premium markets.

• Strong market presence and recognisable brands can build consumer trust and loyalty.

Key Trends in the Global Ginger Market

• Rising Health Consciousness.

• Organic and Sustainable Farming.

• Countries like India, China, and Nigeria are increasing production, which is affecting global supply, pricing, and ginger market dynamics and trends.

• Expanding Culinary Applications.

• Innovations in cultivation, processing, and packaging improve yield, quality, and shelf-life of ginger products.

• Increased online sales channels make ginger products more accessible to a broader audience, supporting ginger market expansion.

• Growing market for different forms of ginger, including fresh, dried, powdered, and oil, catering to diverse consumer needs.

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Ginger Industry Segmentation

The EMR’s report titled “Ginger Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Fresh Ginger

• Processed Ginger

Market Breakup by Application

• Food Industry

• Pharmaceutical Industry

• Cosmetic Industry

• Others

Market Breakup by Major Producing Countries

• India

• Nigeria

• China

• Indonesia

• Nepal

• Thailand

• Bangladesh

• Japan

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Based on type, processed ginger is further segmented into various product types, such as ginger powder, ginger oil, ginger paste, among others.

Ginger Market Share by Ginger Producing Countries

China, Peru, the Netherlands, and India are the leading global ginger exporting countries in the world. India, particularly, has established its position as a prominent exporter and producer of dry ginger across the globe. As per the Spices Board of India, ginger production in India accounted for 43.87% of the overall production in 2019. States like Meghalaya, Kerala, Karnataka, Arunachal Pradesh, Assam, and Orrisa are the leading producers of ginger in the country. Hassan has emerged as one of the largest ginger producing districts in Karnataka.

With the increasing demand for ginger in the domestic market and the rising focus on boosting ginger export from India, governments and stakeholders are attempting to promote vertical ginger farming and horizontal ginger cultivation area expansion as well as develop infrastructure for ginger processing. This can present lucrative ginger market opportunities for market players.

Ginger Market Analysis

Ginger can offer a plethora of flavours, ranging from sweet and warm to hot and spicy, while providing freshness and various health benefits. This is surging its use in various beverages as both an additive and a flavouring agent.

Moreover, the ginger market value is being fuelled by the rising usage of the product in combination with honey, lemon, blackberry, and cinnamon, among others, in various functional beverages to enhance their taste as well as increase their nutritional contents. The growing health consciousness and rising demand for healthy beverages are also driving innovations and boosting the incorporation of ginger in both alcoholic and non-alcoholic beverages.

The introduction of ready-to-drink cocktails and fusion beverages is another trend in the ginger market as it is increasing the use of ginger in sparkling water and sodas. Rising popularity of Asian beverages such as ginger tea and kombucha is expected to further augment the growth of the market in the coming years.

Competitive Landscape

The comprehensive report investigates the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model. The report also presents a detailed analysis of the following key players in the global ginger market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• 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.

• Others

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Ginger Market Regional Insights

Rising popularity of ethnic cuisines boosting the market for ginger in Asia Pacific region

Ginger is extensively used in various traditional foods, especially in Asia, to enhance the taste, texture, and flavours of foods. The rising popularity of Asian cuisines such as Chinese, Indian, Japanese, Thai, and Korean, among others, is accelerating the use of ginger, added with spicy ingredients to enhance the overall taste.

Moreover, the rising demand for traditional convenience food products is impacting the ginger demand forecast in the food and beverage industry. The ginger market in India is witnessing a healthy growth due to the growing consumer awareness regarding the therapeutic benefits of ginger consumption and the growing proliferation of Ayurveda in the region.

Meanwhile, the North America market for ginger is anticipated to witness considerable growth in the forecast period, with the growing demand for healthy foods and the high purchasing power of consumers.

Key Highlights of the Report

Ginger Market Report Snapshots

Ginger Market Size

Ginger Market Growth

Ginger Market Trends

Ginger Market Analysis

Ginger Companies

Ginger Market Regional Analysis