Press release
Ginger Market Expected to Surge to USD 9.29 Billion by 2030
The ๐๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 7.47 Bn in 2023 and the total revenue is expected to grow at 3.15 % through 2024 to 2030, reaching nearly USD 9.29 Bn.๐๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Ginger Market is witnessing steady growth, driven by its versatile applications and rising demand across various industries. Ginger, a tropical plant with a robust sweet-spicy aroma, serves as a key ingredient in culinary, pharmaceutical, and cosmetic products. Known for its bioactive compounds with remarkable pharmacological and physiological properties, ginger is consumed in various forms, including fresh, dried, preserved, oil, marinated, and candied. Its widespread use in health and wellness products, coupled with increasing awareness of its medicinal benefits, is further fueling market expansion.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/27788/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
The increasing awareness of the health benefits of ginger is a primary driver for the market. Consumers are increasingly incorporating ginger into their diets due to its anti-inflammatory, antioxidant, and immune-boosting properties. This growing preference for natural and organic products in the health and wellness industry has significantly boosted the demand for ginger-based food and beverage products, supplements, and herbal medicines.
Another significant driver is the rising use of ginger in various industrial applications, including cosmetics and personal care. Ginger's bioactive components are widely used in skincare and haircare products for their rejuvenating and therapeutic properties. Additionally, the increasing adoption of ginger in the food processing industry, particularly in sauces, marinades, and bakery items, is further propelling market growth.
๐๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
One of the key trends shaping the Ginger Market is the rising popularity of value-added ginger products such as ginger oil, powder, and extracts. Manufacturers are focusing on developing innovative product formats to cater to the growing demand for convenient and long-lasting ginger-based products. Additionally, the expansion of online retail channels has made premium and organic ginger products more accessible, driving sales across global markets. The emphasis on sustainable and eco-friendly farming practices is also emerging as a pivotal trend in the market, aligning with consumer preferences for responsibly sourced products.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐ ๐จ๐ซ๐ฆ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
The Ginger Market, segmented by form into fresh, dried, preserved, oil, marinated, and candied products, is expected to experience notable growth across all categories. Fresh ginger continues to dominate due to its widespread use in culinary and medicinal applications, while dried ginger and ginger powder are gaining traction for their extended shelf life and convenience. Value-added forms such as ginger oil and extracts are projected to grow rapidly, driven by increasing demand in the pharmaceutical, cosmetic, and wellness industries. The marinated and candied segments are also witnessing growth, fueled by their popularity in confectionery and gourmet products. This diverse segmentation highlights the market's adaptability and evolving consumer preferences.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/27788/
๐๐ข๐ง๐ ๐๐ซ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is emerging as a key market for ginger, supported by its agricultural prowess and growing export potential. The government's investment in sustainable farming practices has boosted ginger production in the region. Recently, ๐๐ข๐ง๐๐๐ข๐ง๐ ๐๐ซ ๐๐จ. partnered with ๐๐๐ซ๐๐๐ฌ๐ข๐ ๐๐ซ๐จ๐ฎ๐ฉ to enhance its supply chain and processing capabilities, aiming to capture a larger share of the global market.
๐๐ข๐ง๐ ๐๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's Ginger Market is witnessing significant growth due to rising demand for traditional medicines and organic food products. The Thai government's initiatives to promote ginger cultivation and exports have spurred market development. ๐๐ก๐๐ข ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐๐ซ๐๐ฌ ๐๐ญ๐. recently collaborated with ๐๐๐ฌ๐ญ๐ฅรฉ ๐๐ก๐๐ข๐ฅ๐๐ง๐ to incorporate ginger extracts into innovative beverage formulations, catering to health-conscious consumers.
๐๐ข๐ง๐ ๐๐ซ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan continues to set trends in the ginger industry with its focus on functional food and wellness products. Japanese companies like ๐๐ข๐ญ๐ฌ๐ฎ๐ข & ๐๐จ. are leading the way in developing premium ginger-based products for health and beauty applications. A recent partnership between ๐๐ข๐ค๐ค๐จ๐ฆ๐๐ง ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง and ๐&๐ ๐ ๐จ๐จ๐๐ฌ ๐๐ง๐. has resulted in the launch of ginger-infused seasonings and sauces, aligning with Japan's growing demand for convenience and health-oriented products.
๐๐ข๐ง๐ ๐๐ซ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's Ginger Market is undergoing consolidation as major players engage in strategic mergers to enhance their competitiveness. ๐๐ ๐๐ก๐๐ข๐ฅ๐๐๐๐๐ง๐ recently acquired ๐๐จ๐ซ๐๐ ๐๐ข๐จ-๐ ๐จ๐จ๐ to strengthen its portfolio of ginger-based health supplements. Additionally, South Korea's emphasis on clean-label products is driving investments in R&D for natural and organic ginger derivatives.
๐๐ข๐ง๐ ๐๐ซ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore is rapidly becoming a hub for ginger innovation, leveraging its advanced food-tech ecosystem. Companies like ๐๐จ๐ฎ๐ญ๐ก๐๐๐ฌ๐ญ ๐๐ฌ๐ข๐๐ง ๐๐ฉ๐ข๐๐๐ฌ (๐๐๐) are investing in cutting-edge processing technologies to produce high-quality ginger oils and extracts. Recent developments include ๐๐ซ๐จ๐๐ญ๐๐ซ & ๐๐๐ฆ๐๐ฅ๐ (๐&๐) establishing a research center in Singapore focused on herbal and plant-based ingredients, including ginger.
๐๐ข๐ง๐ ๐๐ซ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States remains a significant player in the global Ginger Market, driven by high demand for natural and organic products. The growing popularity of ginger in the health and wellness sector has led to key developments, such as ๐๐๐๐จ๐ซ๐ฆ๐ข๐๐ค & ๐๐จ. expanding its product line with ginger-based spice blends. Furthermore, mergers like ๐๐ก๐จ๐ฅ๐ ๐ ๐จ๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ'๐ฌ partnership with ๐๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ซ๐ ๐๐ง๐ข๐ have bolstered the availability of premium ginger products in the market.
๐๐ข๐ง๐ ๐๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's Ginger Market is expanding steadily due to increased consumer focus on natural remedies and sustainable products. Countries like Germany and the UK are at the forefront of this growth, with companies like ๐๐ง๐ข๐ฅ๐๐ฏ๐๐ซ introducing ginger-infused teas and wellness products. A recent collaboration between Dr. Willmar Schwabe GmbH and the European Union has further strengthened R&D efforts for medicinal ginger applications.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/27788/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
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
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-ginger-market/27788/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
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
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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