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Ginger Market An estimated US$ 9.29 Billion will be touched between 2024 and 2030

12-06-2024 01:40 PM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Ginger Market

Ginger Market

The ๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at US$ 7.47 Bn in 2023 and the total revenue is expected to grow at 3.15 % through 2024 to 2030, reaching nearly US$ 9.29 Bn.

๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Ginger, a rhizome of the Zingiber officinale plant, is prized for its strong, sweet-spicy aroma and distinctive flavor, making it a popular ingredient in both culinary and medicinal applications. Widely consumed fresh, dried, preserved, or as ginger oil and extract, this versatile spice is utilized in a range of products including teas, baked goods, confectionery, and even in the pharmaceutical industry due to its numerous bioactive compounds. Ginger has gained significant attention not only for its culinary uses but also for its health benefits, such as reducing inflammation, aiding digestion, and boosting the immune system. Its demand continues to grow globally, supported by its versatility and rising awareness of its health-promoting properties.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/27788/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The ginger market is primarily driven by increasing consumer awareness of health and wellness. As more people seek natural remedies and plant-based alternatives, ginger's medicinal benefits, including its anti-inflammatory and antioxidant properties, have become a major selling point. Additionally, ginger's widespread use in food and beverage products-such as ginger teas, ginger ale, and functional foods-has contributed significantly to market growth. The growing demand for organic and natural ingredients in the food and cosmetics industries further accelerates the consumption of ginger. Furthermore, the rising popularity of alternative medicine and functional foods, which often incorporate ginger, has expanded its consumer base across different regions.

๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Several key trends are shaping the ginger market today. One prominent trend is the increasing demand for ginger-based products in the wellness and health sectors. With the rise of functional foods and beverages, ginger is increasingly being incorporated into smoothies, supplements, and natural remedies. Additionally, the growing preference for organic ginger, driven by a rising awareness of pesticide-free produce, is gaining traction. Another significant trend is the popularity of ginger-flavored products, such as gourmet teas, confectionery, and snacks, which cater to consumers looking for bold and exotic flavors. Moreover, innovations in ginger-based skincare products and essential oils are fueling demand in the personal care industry.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/27788/

๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The ginger market presents numerous opportunities for growth, especially with the expanding use of ginger in the health and wellness industries. As the demand for functional foods rises, ginger's role as a natural ingredient that offers digestive, anti-inflammatory, and immune-boosting benefits positions it as a key ingredient in new product development. The increasing consumer preference for natural and organic products also offers opportunities for growth in the organic ginger segment. Furthermore, there is considerable potential in the growing demand for ginger-based beauty and skincare products, as consumers continue to prioritize natural ingredients. Emerging markets, especially in Asia-Pacific and Africa, represent untapped potential for ginger exports, as consumption patterns shift in these regions. With growing interest in plant-based and sustainable ingredients, the global ginger market is poised for expansion.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐…๐ฎ๐ž๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: Major ginger producers in Vietnam are forming alliances to streamline supply chains, improve product quality, and penetrate international markets. The Vietnamese ginger market is set to benefit from increased investments in agriculture and processing facilities.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: Thai firms are ramping up mergers with international distributors to expand their reach in North America and Europe. The country's ginger exports are set to increase, especially as the global demand for organic ginger products rises.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: Singapore has become a hub for ginger-related product innovations, with several startups and established firms merging to capitalize on emerging trends in ginger-based functional foods and beverages.

๐‰๐š๐ฉ๐š๐ง: Japanese companies are increasingly acquiring local ginger farms to secure high-quality raw materials. Additionally, Japanese players are eyeing regional collaborations to expand the footprint of ginger products in Asia and beyond.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: South Korean companies are focusing on acquiring new ginger-based technologies to innovate within the nutraceutical sector. These M&As are expected to create cutting-edge products targeting the growing health-conscious consumer base.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐„๐ฆ๐ž๐ซ๐ ๐ข๐ง๐  ๐“๐ซ๐ž๐ง๐๐ฌ: ๐Ž๐ซ๐ ๐š๐ง๐ข๐œ ๐š๐ง๐ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ž๐ ๐†๐ข๐ง๐ ๐ž๐ซ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ

Consumers worldwide are increasingly seeking organic ginger products due to their health benefits. As a result, major market players are investing in expanding organic ginger production. In addition, ginger's use in functional foods, beverages, and personal care products is expanding rapidly.

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: ๐€๐ˆ ๐š๐ง๐ ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐†๐ข๐ง๐ ๐ž๐ซ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

The use of AI and automation is transforming ginger cultivation and processing. In developed markets like the U.S. and Europe, M&As are driving innovation in ginger production techniques, improving yield, and ensuring consistent quality.

๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐„๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฌ: ๐‘๐ž๐๐ฎ๐œ๐ข๐ง๐  ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐…๐จ๐จ๐ญ๐ฉ๐ซ๐ข๐ง๐ญ

Sustainability has become a key focus within the ginger industry. Merging firms are investing in eco-friendly farming practices, reducing waste during processing, and incorporating renewable energy sources into production facilities.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž: https://www.maximizemarketresearch.com/request-sample/27788/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Form

Fresh
Dried
Pickled
Preserved
Crystallized
Powered

by Application

Culinary
Soup and Sauces
Snacks and Convenience Food
Bakery Products
Alcoholic Beverages
Non Alcoholic Beverages
Chocolate and Confectionery
Others

by Distribution Channel

Modern Grocery Retail
Traditional Grocery Retail
Non-Grocery Retail

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/global-ginger-market/27788/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1.Monterey Bay Spice Co. Inc.
2.Buderim Group Ltd.
3.SA Rawther Spices Pvt. Ltd
4.Yummy Food Industrial Group
5.Sun Impex International Foods L.L.C.
6.Archer-Daniels-Midland Co.
7.Indian Organic Farmers Producer Co. Ltd.
8.Atmiya International
9.Food Market Management Inc.
10.Sino-Nature International Co. Ltd.
11.AKO GmbH
12.Organic Mountain Flavor Pvt. Ltd.
13.Capital Foods Ltd.
14.The Ginger People
15.Canadian Ginger Company
16.Knitspice
17.BRL foods
18.GROTEX
19.KODGAV
20.Huaguang Group
21.JEGS Company Ltd

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Crop Monitoring Market https://www.maximizemarketresearch.com/market-report/crop-monitoring-market/148144/

โ™ฆ Chlorinated Polyvinyl Chloride Market https://www.maximizemarketresearch.com/market-report/chlorinated-polyvinyl-chloride-market/188499/

โ™ฆ Business Email Compromise Market https://www.maximizemarketresearch.com/market-report/business-email-compromise-market/188537/

โ™ฆ Rhodium Market https://www.maximizemarketresearch.com/market-report/rhodium-market/191678/

โ™ฆ Global Tea Premixes Market https://www.maximizemarketresearch.com/market-report/global-tea-premixes-market/73726/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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