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Global Ginger Opportunities 2025, Forecast To 2034

24 Mar, 2025

What Has Been the Progress and Growth of the Ginger Market in Recent Years?

The ginger market has seen considerable growth due to a variety of factors.
• There has been a robust growth in the size of the ginger market recently. The market is predicted to expand from $4.88 billion in 2024 to $5.2 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.4%.
Factors contributing to the historical growth trends include the cultural and culinary importance of ginger, its trade routes and exploration history, its role in spice trade and colonialism, its resurgence during the renaissance period, the culinary renaissance, as well as the prevailing health and wellness trends.

What Is The Expected Growth In The Ginger Market Size Evolve over the Forecast Period?

The ginger market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for a robust enlargement of the ginger market size in the forthcoming years. A compound annual growth rate (CAGR) of 6.0% will escalate it to$6.56 billion by 2029. The projected surge during this period is due to growing public knowledge about the health advantages of consuming ginger, increased demand for beverages and tonics incorporating ginger, escalating disposable incomes and evolving lifestyles, escalating use of ginger as an active ingredient in skincare products, and the proliferating enabler of ginger-based items through online shopping outlets. Prominent forecasts for this period converge on the increasing demand for health and wellness products that utilize ginger, the growing development and processing of ginger in budding regions, the increasing use of ginger in various culinary applications, the incorporation of ginger into beverages, and the advent of new, innovative products.

What Main Forces Are Fueling Expansion In The Ginger Market?

The ginger market is set to expand due to the increasing popularity of ready-to-drink cocktails. These pre-blended alcoholic beverages don't need any mixing or preparation, meaning they can be enjoyed straight from the bottle or can. The appeal of ready-to-drink cocktails is growing as consumers look for convenient and tasty solutions to their beverage needs. Ginger features in these drinks to offer a vibrant and refreshing taste. It also brings an extra layer to cocktail blends, counterbalancing other tastes and enhancing depth. For example, the Distilled Spirits Council (DISCUS), an American academy that provides education and training on distilled spirits, reported a substantial revenue increase in the American ready-to-drink segment, particularly the premixed cocktails including spirits ready-to-drink, which saw a raise of 26.8%, equating to $599 million, bringing the total to $2.8 billion in 2023. Given these factors, the escalating demand for ready-to-drink cocktails is influencing the development of the ginger market.

What Are The Primary Segments In The Global Ginger Market?

The ginger market covered in this report is segmented –
1) By Type: Conventional, Organic
2) By Form: Fresh Ginger, Dried Ginger, Ginger Oil, Powdered Ginger
3) By Distribution Channel: Traditional Retail, Modern Retail Stores, Other Distributions
4) By Application: Food Industry, Pharmaceuticals Industry, Cosmetics Industry, Other Applications Subsegments:
1) By Conventional: Fresh Ginger, Dried Ginger, Ginger Powder, Ginger Oil
2) By Organic: Fresh Organic Ginger, Dried Organic Ginger, Organic Ginger Powder, Organic Ginger Oil

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How Are Emerging Trends Reshaping The Dynamics Of The Ginger Market?

Leading enterprises in the ginger market are inventing new products like quick-reacting ginger concentrates, created to aid joint health and mobility. Fast-acting ginger extract is an intensified version of ginger that rapidly provides health benefits when consumed. For example, in June 2022, Specnova, a US-based provider of dietary supplement ingredients, introduced GingerT3. This is an organic, fermented ginger extract intended for joint support. It is a highly potent fast-acting formula that provides smaller doses (75-125mg) to facilitate easy formulation. GingerT3 blocks pain sensors and inflammatory enzymes, thus improving joint health by targeting TRPV1 (Transient Receptor Potential Vanilloid 1), 5-LOX (5-Lipoxygenase), and COX (Cyclooxygenase). It is built to be easily integrated into a variety of products, ranging from gummies and chews to capsules and functional foods.

Who Are the Key Players In The Ginger Market?

Major companies operating in the ginger market report are:
• Nestle SA
• Archer-Daniels-Midland Co.
• Olam Group
• McCormick & Co. Inc
• Kalsec Inc.
• Frontier Co-op.
• Capital Foods Ltd.
• Buderim Group Ltd.
• The Ginger People
• Laird Superfood Inc.
• JEGS HIGH PERFORMANCE
• Sun Impex International Foods L.L.C.
• Yummy Food Industrial Group
• Monterey Bay Spice Co. Inc.
• Indian Organic Farmers Producer Co. Ltd.
• Sino-Nature International Co. Ltd.
• AKO GmbH
• GROTEX
• NANI Agro Foods Pvt. Ltd.
• Organic Mountain Flavor Pvt. Ltd.
• Canadian Ginger Company
• Knitspice
• BRL foods
• KODGAV
• Huaguang Group

What Is The Most Dominant Region In The Ginger Market?

Asia-Pacific was the largest region in the ginger market in 2024. The regions covered in the ginger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.