PUBLISHER: Renub Research | PRODUCT CODE: 1408296
PUBLISHER: Renub Research | PRODUCT CODE: 1408296
Global Ginger Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
Global Ginger Market is expected to reach about US$ 6.29 billion by 2030, according to Renub Research. Ginger, scientifically known as Zingiberofficinale, is a flowering plant renowned for its root, used as a spice in numerous cuisines globally. Ginger has a completely unique taste that is heat, earthy, and mildly highly spiced, making it a popular ingredient in lots of dishes and beverages. However, ginger isn't always only a flavorful addition to meals; it has several health benefits, which includes its ability to lessen inflammation and aid digestion, making it a valuable aspect of any balanced diet.
The use of ginger has advanced substantially from its traditional roots as a medicinal plant to a culinary staple and beyond. Its heat, aromatic flavor is now celebrated in many culinary packages, from savory dishes to sweets and liquids. Beyond the kitchen, ginger's health offers are harnessed in current wellness practices, making it a flexible and enduring element in both conventional remedies and contemporary life.
Global ginger market is projected to grow at a CAGR of 6.08% from 2024-2030
The Food and Agriculture Organization of the United Nations (FAO) expected that the global manufacturing of ginger in 2022 turned into round 4.1 million metric tons. Due to the growing demand for ginger globally, farmers at the moment are increasing their cultivation regions and adopting greater superior agricultural practices to fulfill the needs of the growing market. This is a sizeable shift within the ginger market, as farmers now ought to keep up with the high demand and make sure the quality of their crops meets the consumers' requirements.
Ginger's versatility extends past culinary regions, making its mark in numerous industries. Ginger extracts are integrated into skincare and hair care products, leveraging their anti-inflammatory and antioxidant properties. Its special flavor complements multiple liquids, from soothing ginger tea to bubbling ginger ale or alcoholic beverages. In the pharmaceutical realm, ginger extract is under exploration for capacity therapeutic applications in treating situations like osteoarthritis, diabetes, and cancers, showcasing the plant's evolving role in addressing health and nicely-being all through various sectors.
Farmers in increasing embrace current agricultural technology like drip irrigation and precision agriculture in response to the need for improved yield and resource performance. These upgrades contribute to more effective productivity and sustainable farming practices. Government initiatives further catalyze this shift, with several administrations enforcing supportive guidelines for ginger production. Measures encompass the supply of subsidies and the buying of sustainable practices, aligning with broader agricultural modernization needs. Together, the adoption of modern technology with the aid of farmers and governmental efforts creates a synergistic method to strengthen the efficiency and sustainability of ginger cultivation practices. Global ginger market was valued at US$ 4.16 Billion in 2023.
As consumer preferences shift towards fresh, natural ingredients, the dominance of fresh ginger in the global market is poised to solidify further
By products, the Global Ginger Market is divided into Fresh, Dried, Preserved, Pickled, Crystallized, Powdered, and Others. Increasing cognizance of its health benefits, including anti-inflammatory properties and antioxidants, prompts a desire for fresh processed forms. Its culinary versatility, improving both savory and sweet dishes, fuel its reputation in kitchens globally.
Advances in storage and transportation ensure year-round availability, promoting broader consumption. The "farm-to-desk" motion and a growing choice for fresh, natural ingredients amplify demand. The organic ginger market is expanding, reflecting environmental cognizance. Fresh ginger's progressive applications in cosmetics, fitness supplements, and cleaning agents diversify its market, raising its overall value in the ever-evolving spice panorama.
China is a prominent player in Ginger Market globally
By countries, the Global Ginger Market is broken up into United States, Canada, Mexico, Brazil, Argentina, Colombia, United Kingdom, Germany, France, Italy, Spain, Netherlands, China, Japan, India, South Korea, Indonesia, Malaysia, Australia, United Arab Emirates, Israel, South Africa, and Rest of the World. In 2022 China led the global ginger market, producing 2.5 million metric tons, comprising 61% of the region's output. Anchored in massive agricultural lands, favorable climates, and established farming practices, China's unequaled production capability contributed to over 60% of the worldwide ginger supply, with a yearly yield. The country's sturdy infrastructure and logistics network facilitated efficient transportation and export, bolstering its competitive edge.
Lower manufacturing costs, sponsored by available labor, huge-scale cultivation, and government subsidies, improved China's international competitiveness. Offering a varied product range, which includes fresh and dried ginger, powder, extract, and oil, addressed various consumer preferences, fortifying its market dominance. Growing domestic demand, propelled by health awareness, rising earnings, and culinary tendencies, strengthened China's global market role. Government help, strategic trade agreements, and industry resilience in research, infrastructure, and subsidies emphasized China's enduring management in the worldwide ginger market.
Key Players
Archer Daniels Midland Company, Kerry Group, Olam International Limited Company, CHS Inc. Company, Nestle SA, McCormick & Co. Inc, SUN IMPEX INTERNATIONAL FOODS LLC, The Canadian Ginger Co., The Ginger People, and Monterey Bay Spice Co. are prevalent businesses in the global ginger market.
Renub Research report titled "Global Ginger Market Forecast by Products (Fresh, Dried, Preserved, Pickled, Crystallized, Powdered, and Others), Countries (United States, Canada, Mexico, Brazil, Argentina, Colombia, United Kingdom, Germany, France, Italy, Spain, Netherlands, China, Japan, India, South Korea, Indonesia, Malaysia, Australia, United Arab Emirates, Israel, South Africa, and Rest of the World), Companies (Archer Daniels Midland Company, Kerry Group, Olam International Limited Company, CHS Inc Company, Nestle SA, McCormick & Co. Inc, SUN IMPEX INTERNATIONAL FOODS LLC, The Canadian Ginger Co., The Ginger People, and Monterey Bay Spice Co.)" provides a detailed and comprehensive insight of the Global GingerIndustry.
Products - Global Ginger Market breakup from 7 viewpoints:
- 1. Fresh
- 2. Dried
- 3. Preserved
- 4. Pickled
- 5. Crystallized
- 6. Powdered
- 7. Others
Country - Market have been covered from all the 23 Countries:
- 1. North America
- 1.1. United States
- 1.2. Canada
- 2. South America
- 2.1. Mexico
- 2.2. Brazil
- 2.3. Argentina
- 2.4. Colombia
- 3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Netherlands
- 4. Asia Pacific
- 4.1. China
- 4.2. Japan
- 4.3. India
- 4.4. South Korea
- 4.5. Indonesia
- 4.6. Malaysia
- 4.7. Australia
- 5. Middle East & Africa
- 5.1. United Arab Emirates
- 5.2. Israel
- 5.3. South Africa
- 6. Rest of the World
All companies have been covered from 3 viewpoints:
- Overview
- Recent Development
- Revenue
Company Analysis:
- 1. Archer Daniels Midland Company
- 2. Kerry Group
- 3. Olam International Limited Company
- 4. CHS Inc Company
- 5. Nestle SA
- 6. McCormick & Co. Inc
- 7. SUN IMPEX INTERNATIONAL FOODS LLC
- 8. The Canadian Ginger Co.
- 9. The Ginger People
- 10. Monterey Bay Spice Co.
Table of Contents
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Ginger Market
6. Market Share - Global Ginger Market
- 6.1 By Product
- 6.2 By Country
7. Product - Global Ginger Market
- 7.1 Fresh
- 7.2 Dried
- 7.3 Preserved
- 7.4 Pickled
- 7.5 Crystallized
- 7.6 Powdered
- 7.7 Others
8. Country - Global Ginger Market
- 8.1 North America
- 8.1.1 United States
- 8.1.2 Canada
- 8.2 South America
- 8.2.1 Mexico
- 8.2.2 Brazil
- 8.2.3 Argentina
- 8.2.4 Colombia
- 8.3 Europe
- 8.3.1 United Kingdom
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Netherlands
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Indonesia
- 8.4.6 Malaysia
- 8.4.7 Australia
- 8.5 Middle East & Africa
- 8.5.1 United Arab Emirates
- 8.5.2 Israel
- 8.5.3 South Africa
- 8.6 Rest of the World
9. Porter's Five Analysis - Global Ginger Market
- 9.1 Bargaining Power of Buyers
- 9.2 Bargaining Power of Suppliers
- 9.3 Degree of Rivalry
- 9.4 Threat of New Entrants
- 9.5 Threat of Substitutes
10. SWOT Analysis - Global Ginger Market
- 10.1 Strength
- 10.2 Weakness
- 10.3 Opportunity
- 10.4 Threat
11. Company Analysis
- 11.1 Archer Daniels Midland Company
- 11.1.1 Overview
- 11.1.2 Recent Development
- 11.1.3 Revenue
- 11.2 Kerry Group
- 11.2.1 Overview
- 11.2.2 Recent Development
- 11.2.3 Revenue
- 11.3 Olam International Limited Company
- 11.3.1 Overview
- 11.3.2 Recent Development
- 11.3.3 Revenue
- 11.4 CHS Inc Company
- 11.4.1 Overview
- 11.4.2 Recent Development
- 11.4.3 Revenue
- 11.5 Nestle SA
- 11.5.1 Overview
- 11.5.2 Recent Development
- 11.5.3 Revenue
- 11.6 McCormick & Co. Inc
- 11.6.1 Overview
- 11.6.2 Recent Development
- 11.6.3 Revenue
- 11.7 SUN IMPEX INTERNATIONAL FOODS LLC
- 11.7.1 Overview
- 11.7.2 Recent Development
- 11.8 The Canadian Ginger Co.
- 11.8.1 Overview
- 11.8.2 Recent Development
- 11.9 The Ginger People
- 11.9.1 Overview
- 11.9.2 Recent Development
- 11.10 Monterey Bay Spice Co.
- 11.10.1 Overview
- 11.10.2 Recent Development
List of Figures
- Figure-01: Global - Ginger Market (Billion US$), 2018 - 2023
- Figure-02: Global - Forecast for Ginger Market (Billion US$), 2024 - 2030
- Figure-03: Product - Fresh Market (Million US$), 2018 - 2023
- Figure-04: Product - Forecast for Fresh Market (Million US$), 2024 - 2030
- Figure-05: Product - Dried Market (Million US$), 2018 - 2023
- Figure-06: Product - Forecast for Dried Market (Million US$), 2024 - 2030
- Figure-07: Product - Preserved Market (Million US$), 2018 - 2023
- Figure-08: Product - Forecast for Preserved Market (Million US$), 2024 - 2030
- Figure-09: Product - Pickled Market (Million US$), 2018 - 2023
- Figure-10: Product - Forecast for Pickled Market (Million US$), 2024 - 2030
- Figure-11: Product - Crystallized Market (Million US$), 2018 - 2023
- Figure-12: Product - Forecast for Crystallized Market (Million US$), 2024 - 2030
- Figure-13: Product - Powdered Market (Million US$), 2018 - 2023
- Figure-14: Product - Forecast for Powdered Market (Million US$), 2024 - 2030
- Figure-15: Product - Others Market (Million US$), 2018 - 2023
- Figure-16: Product - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-17: United States - Ginger Market (Million US$), 2018 - 2023
- Figure-18: United States - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-19: Canada - Ginger Market (Million US$), 2018 - 2023
- Figure-20: Canada - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-21: Mexico - Ginger Market (Million US$), 2018 - 2023
- Figure-22: Mexico - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-23: Brazil - Ginger Market (Million US$), 2018 - 2023
- Figure-24: Brazil - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-25: Argentina - Ginger Market (Million US$), 2018 - 2023
- Figure-26: Argentina - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-27: Colombia - Ginger Market (Million US$), 2018 - 2023
- Figure-28: Colombia - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-29: United Kingdom - Ginger Market (Million US$), 2018 - 2023
- Figure-30: United Kingdom - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-31: Germany - Ginger Market (Million US$), 2018 - 2023
- Figure-32: Germany - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-33: France - Ginger Market (Million US$), 2018 - 2023
- Figure-34: France - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-35: Italy - Ginger Market (Million US$), 2018 - 2023
- Figure-36: Italy - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-37: Spain - Ginger Market (Million US$), 2018 - 2023
- Figure-38: Spain - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-39: Netherlands - Ginger Market (Million US$), 2018 - 2023
- Figure-40: Netherlands - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-41: China - Ginger Market (Million US$), 2018 - 2023
- Figure-42: China - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-43: Japan - Ginger Market (Million US$), 2018 - 2023
- Figure-44: Japan - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-45: India - Ginger Market (Million US$), 2018 - 2023
- Figure-46: India - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-47: South Korea - Ginger Market (Million US$), 2018 - 2023
- Figure-48: South Korea - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-49: Indonesia - Ginger Market (Million US$), 2018 - 2023
- Figure-50: Indonesia - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-51: Malaysia - Ginger Market (Million US$), 2018 - 2023
- Figure-52: Malaysia - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-53: Australia - Ginger Market (Million US$), 2018 - 2023
- Figure-54: Australia - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-55: United Arab Emirates - Ginger Market (Million US$), 2018 - 2023
- Figure-56: United Arab Emirates - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-57: Israel - Ginger Market (Million US$), 2018 - 2023
- Figure-58: Israel - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-59: South Africa - Ginger Market (Million US$), 2018 - 2023
- Figure-60: South Africa - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-61: Rest of the World - Ginger Market (Million US$), 2018 - 2023
- Figure-62: Rest of the World - Forecast for Ginger Market (Million US$), 2024 - 2030
- Figure-63: Archer Daniels Midland Company - (Million US$), 2018 - 2023
- Figure-64: Archer Daniels Midland Company - Forecast for (Million US$), 2024 - 2030
- Figure-65: Kerry Group - (Million US$), 2018 - 2023
- Figure-66: Kerry Group - Forecast for (Million US$), 2024 - 2030
- Figure-67: Olam International Limited Company - (Million US$), 2018 - 2023
- Figure-68: Olam International Limited Company - Forecast for (Million US$), 2024 - 2030
- Figure-69: CHS Inc Company - (Million US$), 2018 - 2023
- Figure-70: CHS Inc Company - Forecast for (Million US$), 2024 - 2030
- Figure-71: Nestle SA - (Million US$), 2018 - 2023
- Figure-72: Nestle SA - Forecast for (Million US$), 2024 - 2030
- Figure-73: McCormick & Co. Inc - (Million US$), 2018 - 2023
- Figure-74: McCormick & Co. Inc - Forecast for (Million US$), 2024 - 2030
List of Tables
- Table-01: Global - Ginger Market Share by Product (Percent), 2018 - 2023
- Table-02: Global - Forecast for Ginger Market Share by Product (Percent), 2024 - 2030
- Table-03: Global - Ginger Market Share by Countries (Percent), 2018 - 2023
- Table-04: Global - Forecast for Ginger Market Share by Countries (Percent), 2024 - 2030
