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Global Ginger Market Share, Size, Growth, Trends, Analysis: By Type: Fresh Ginger, Processed Ginger; By Application: Food Industry, Pharmaceutical Industry, Cosmetic Industry, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 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.
| Global Ginger Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 6.0 |
| Market Size 2032 | USD Billion | 9.0 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 4.5% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 4.6% |
| CAGR 2024-2032 - Market by Country | India | 5.3% |
| CAGR 2024-2032 - Market by Country | China | 5.1% |
| CAGR 2024-2032 - Market by Type | Processed Ginger | 4.8% |
| CAGR 2024-2032 - Market by Application | Pharmaceutical Industry | 5.2% |
| Market Share by Country | Saudi Arabia | 3.5% |
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
| CAGR 2024-2032 - Market by | Type |
| Processed Ginger | 4.8% |
| Fresh Ginger | XX% |
Market Breakup by Application
- Food Industry
- Pharmaceutical Industry
- Cosmetic Industry
- Others
| CAGR 2024-2032 - Market by | Application |
| Pharmaceutical Industry | 5.2% |
| Food Industry | 4.4% |
| Cosmetic Industry | XX% |
| Others | XX% |
Market Breakup by Major Producing Countries
- India
- Nigeria
- China
- Indonesia
- Nepal
- Thailand
- Bangladesh
- Japan
- Others
| CAGR 2024-2032 - Market by | Country |
| India | 5.3% |
| China | 5.1% |
| Canada | 4.4% |
| Saudi Arabia | 4.3% |
| Australia | 4.1% |
| USA | XX% |
| UK | 3.9% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| Brazil | XX% |
| Mexico | XX% |
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
| CAGR 2024-2032 - Market by | Region |
| Asia Pacific | 4.6% |
| North America | 4.1% |
| Europe | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
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.
| Market Share by | Country |
| Saudi Arabia | 3.5% |
| USA | XX% |
| Canada | XX% |
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
| 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:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Major Producing Countries |
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| Breakup by Region |
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| Market Dynamics |
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| Trade Data Analysis |
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| Competitive Landscape |
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| Companies Covered |
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Ginger Market Report Snapshots
Ginger Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ginger Market Analysis
8.1 Key Industry Highlights
8.2 Global Ginger Historical Market (2018-2023)
8.3 Global Ginger Market Forecast (2024-2032)
8.4 Global Ginger Market by Type
8.4.1 Fresh Ginger
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Processed Ginger
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Market by Product Type
8.4.2.3.1 Ginger Powder
8.4.2.3.1.1 Historical Trend (2018-2023)
8.4.2.3.1.2 Forecast Trend (2024-2032)
8.4.2.3.2 Ginger Oil
8.4.2.3.2.1 Historical Trend (2018-2023)
8.4.2.3.2.2 Forecast Trend (2024-2032)
8.4.2.3.3 Ginger Paste
8.4.2.3.3.1 Historical Trend (2018-2023)
8.4.2.3.3.2 Forecast Trend (2024-2032)
8.4.2.3.4 Others
8.5 Global Ginger Market by Application
8.5.1 Food Industry
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Pharmaceutical Industry
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Cosmetic Industry
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Ginger Market by Major Producing Countries
8.6.1 India
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Nigeria
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 China
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Indonesia
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Nepal
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Thailand
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Bangladesh
8.6.7.1 Historical Trend (2018-2023)
8.6.7.2 Forecast Trend (2024-2032)
8.6.8 Japan
8.6.8.1 Historical Trend (2018-2023)
8.6.8.2 Forecast Trend (2024-2032)
8.6.9 Others
8.7 Global Ginger Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Ginger Market Analysis
9.1 Market by Type
9.2 Market by Application
9.3 Market by Country
9.3.1 United States of America
9.3.1.1 Historical Trend (2018-2023)
9.3.1.2 Forecast Trend (2024-2032)
9.3.2 Canada
9.3.2.1 Historical Trend (2018-2023)
9.3.2.2 Forecast Trend (2024-2032)
10 Europe Ginger Market Analysis
10.1 Market by Type
10.2 Market by Application
10.3 Market by Country
10.3.1 United Kingdom
10.3.1.1 Historical Trend (2018-2023)
10.3.1.2 Forecast Trend (2024-2032)
10.3.2 Germany
10.3.2.1 Historical Trend (2018-2023)
10.3.2.2 Forecast Trend (2024-2032)
10.3.3 France
10.3.3.1 Historical Trend (2018-2023)
10.3.3.2 Forecast Trend (2024-2032)
10.3.4 Italy
10.3.4.1 Historical Trend (2018-2023)
10.3.4.2 Forecast Trend (2024-2032)
10.3.5 Others
11 Asia Pacific Ginger Market Analysis
11.1 Market by Type
11.2 Market by Application
11.3 Market by Country
11.3.1 China
11.3.1.1 Historical Trend (2018-2023)
11.3.1.2 Forecast Trend (2024-2032)
11.3.2 Japan
11.3.2.1 Historical Trend (2018-2023)
11.3.2.2 Forecast Trend (2024-2032)
11.3.3 India
11.3.3.1 Historical Trend (2018-2023)
11.3.3.2 Forecast Trend (2024-2032)
11.3.4 ASEAN
11.3.4.1 Historical Trend (2018-2023)
11.3.4.2 Forecast Trend (2024-2032)
11.3.5 South Korea
11.3.5.1 Historical Trend (2018-2023)
11.3.5.2 Forecast Trend (2024-2032)
11.3.6 Australia
11.3.6.1 Historical Trend (2018-2023)
11.3.6.2 Forecast Trend (2024-2032)
11.3.7 Others
12 Latin America Ginger Market Analysis
12.1 Market by Type
12.2 Market by Application
12.3 Market by Country
12.3.1 Brazil
12.3.1.1 Historical Trend (2018-2023)
12.3.1.2 Forecast Trend (2024-2032)
12.3.2 Argentina
12.3.2.1 Historical Trend (2018-2023)
12.3.2.2 Forecast Trend (2024-2032)
12.3.3 Mexico
12.3.3.1 Historical Trend (2018-2023)
12.3.3.2 Forecast Trend (2024-2032)
12.3.4 Others
13 Middle East and Africa Ginger Market Analysis
13.1 Market by Type
13.2 Market by Application
13.3 Market by Country
13.3.1 Saudi Arabia
13.3.1.1 Historical Trend (2018-2023)
13.3.1.2 Forecast Trend (2024-2032)
13.3.2 United Arab Emirates
13.3.2.1 Historical Trend (2018-2023)
13.3.2.2 Forecast Trend (2024-2032)
13.3.3 Nigeria
13.3.3.1 Historical Trend (2018-2023)
13.3.3.2 Forecast Trend (2024-2032)
13.3.4 South Africa
13.3.4.1 Historical Trend (2018-2023)
13.3.4.2 Forecast Trend (2024-2032)
13.3.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code - 3402)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Archer-Daniels-Midland Co.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Floracopeia Inc.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 The Ginger People Co.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Buderim Ginger Ltd.
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Capital Foods Limited
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 NANI Agro Foods Pvt. Ltd.
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Frontier Co-op.
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Monterey Bay Herb Company
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 Guangxi Yongjiang Food Industry Co., Ltd.
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Sun Impex International Foods LLC
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Indian Organic Farmers Producer Company Limited
18.2.11.1 Company Overview
18.2.11.2 Product Portfolio
18.2.11.3 Demographic Reach and Achievements
18.2.11.4 Certifications
18.2.12 The Canadian Ginger Co.
18.2.12.1 Company Overview
18.2.12.2 Product Portfolio
18.2.12.3 Demographic Reach and Achievements
18.2.12.4 Certifications
18.2.13 Natural Ginger Corp.
18.2.13.1 Company Overview
18.2.13.2 Product Portfolio
18.2.13.3 Demographic Reach and Achievements
18.2.13.4 Certifications
18.2.14 Spice World, Inc.
18.2.14.1 Company Overview
18.2.14.2 Product Portfolio
18.2.14.3 Demographic Reach and Achievements
18.2.14.4 Certifications
18.2.15 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ginger Market: Key Industry Highlights, 2018 and 2032
2. Global Ginger Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Ginger Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Ginger Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Ginger Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Ginger Historical Market: Breakup by Major Producing Countries (USD Million), 2018-2023
7. Global Ginger Market Forecast: Breakup by Major Producing Countries (USD Million), 2024-2032
8. Global Ginger Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Ginger Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Ginger Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Ginger Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Ginger Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Ginger Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Ginger Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Ginger Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Ginger Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Ginger Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Ginger Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Ginger Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Major Importing Countries by Value
21. Major Exporting Countries by Value
22. Major Importing Countries by Volume
23. Major Exporting Countries by Volume
24. Global Ginger Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of USD 6.04 billion.
The global ginger market is likely to grow at a CAGR of 4.5% during the forecast period of 2024-2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 8.98 billion by 2032.
The market is being aided by the use of ginger in the personal care and cosmetics industry and the rising popularity of Asian cuisines.
The market is expected to be driven by the trend of clean label products, functional beverages, and ready-to-go alcoholic beverages with innovative flavours.
The major regions in the market are India, Nigeria, China, Indonesia, Nepal, Thailand, Bangladesh, and Japan, among others.
The major product types considered in the market report are fresh ginger and processed ginger, with processed ginger further subdivided based on type into ginger powder, ginger oil, and ginger paste, among others.
The different processed products of ginger are ginger powder, ginger oil, and ginger paste, among others.
The significant applications in the market are food industry, pharmaceutical industry, and cosmetic industry, among others.
Ginger is cultivated in humid and warm climate, can be grown in irrigated and rain-fed conditions, and requires manuring for high quality and yield. Though labour intensive, ginger farming is deemed very profitable with an average yield of nearly 6-10 tonnes per acre.
The major players in the market are 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., and Spice World, Inc.
The global demand for ginger is increasing due to the rising shift towards healthy and natural ingredients, increasing popularity of Asian cuisines which uses ginger extensively in food preparing, and the growing use of ginger in cosmetics and skincare industry.
Unpredictable weather patterns, rising import and export tariffs, and shorter shelf lives of ginger and ginger ingredients are some of the major challenges impacting the market’s growth.
Key regions considered in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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