Ginger Market Outlook
According to the report by Expert Market Research (EMR), the global ginger market size reached a value of USD 6.04 billion in 2023. Aided by its distinctive flavour and health benefits, the market is projected to further grow at a CAGR of 4.5% between 2024 and 2032 to reach a value of USD 8.98 billion by 2032.
The global ginger market growth is primarily fuelled by its expanding use in the food and beverage sector, not only as a spice but also as a key ingredient in health-oriented and functional foods. The rising consumer interest in natural and homoeopathic remedies has further bolstered the demand for ginger, owing to its anti-inflammatory, digestive, and immune-boosting properties. Moreover, the cosmetic sector is increasingly incorporating ginger into various products for its antioxidant and skin-toning benefits. The pharmaceutical sector also leverages ginger’s medicinal properties, incorporating it into formulations for digestive aids, anti-nausea medications, and health supplements.
As per the ginger market analysis, as environmental awareness and concern for sustainable agricultural practices grow, there is a notable trend towards more sustainable ginger farming methods. These practices include organic farming, the use of natural pest control, and water-efficient irrigation systems. This shift not only appeals to environmentally conscious consumers but also contributes to the long-term viability of ginger cultivation by preserving soil health and reducing ecological footprints.
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Ginger is increasingly being recognised for its health benefits, leading to its incorporation into a wide range of functional foods and beverages, which contributes to the ginger market share. Products like ginger shots, ginger teas, and ginger-infused functional beverages are gaining popularity for their potential health benefits, including boosting immunity, aiding digestion, and reducing inflammation. This trend is fuelled by consumers’ growing interest in natural health products and wellness-focused diets.
There is a growing demand for ethically sourced and traceable ginger products in the ginger market. Consumers are increasingly concerned about the origins of their food and the conditions under which it was produced. As a result, companies are investing in supply chain transparency, providing consumers with information about the sourcing, processing, and distribution of ginger products. This trend aligns with the larger consumer demand for ethical and responsible brands.
Innovations in ginger-based products, ranging from ginger-infused beverages and snacks to herbal supplements and cosmetic products, are pivotal in driving ginger market expansion. The development of organic and sustainably sourced ginger products also caters to the growing consumer demand for ethical and environmentally friendly products. An increasing preference for natural, non-pharmaceutical health solutions is promoting the use of ginger in daily diets and wellness routines. The growing popularity of ethnic cuisines globally also contributes to the demand for ginger.
The rise of e-commerce platforms and direct-to-consumer sales models is making ginger-based products more accessible to a global audience. This trend is particularly beneficial for small-scale producers and niche brands that specialise in ginger products, allowing them to reach a wider market without the need for traditional retail distribution channels.
As per the ginger market outlook, ongoing research into the medicinal properties of ginger is uncovering new applications and benefits, further driving consumer interest. Studies focusing on ginger’s role in managing nausea, pain relief, and its potential effects on chronic diseases are influencing product development and marketing strategies, highlighting ginger’s health benefits to attract health-conscious consumers. These trends underline the dynamic nature of the global ginger market, driven by consumer preferences for natural, health-promoting ingredients, and sustainable practices.
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Ginger Market Segmentation
The market can be divided based on type, application, major producing countries, and region.
Market Breakup by Type
- Fresh Ginger
- Processed Ginger
- Ginger Powder
- Ginger Oil
- Ginger Paste
- Others
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
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global ginger market. Some of the major players explored in the report by Expert Market Research are as follows:
- 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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