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Ginger Market Expected to Surge to USD 9.29 Billion by 2030

Ginger Market

Ginger Market

The ๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ 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.

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

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.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: 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 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.

๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐†๐ข๐ง๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐›๐ฒ ๐…๐จ๐ซ๐ฆ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง?

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.

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Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

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, ๐•๐ข๐ง๐š๐†๐ข๐ง๐ ๐ž๐ซ ๐‚๐จ. partnered with ๐‡๐ž๐ซ๐›๐€๐ฌ๐ข๐š ๐†๐ซ๐จ๐ฎ๐ฉ to enhance its supply chain and processing capabilities, aiming to capture a larger share of the global market.

๐†๐ข๐ง๐ ๐ž๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

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. ๐“๐ก๐š๐ข ๐Ž๐ซ๐ ๐š๐ง๐ข๐œ ๐‡๐ž๐ซ๐›๐ฌ ๐‹๐ญ๐. recently collaborated with ๐๐ž๐ฌ๐ญ๐ฅรฉ ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐ to incorporate ginger extracts into innovative beverage formulations, catering to health-conscious consumers.

๐†๐ข๐ง๐ ๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan continues to set trends in the ginger industry with its focus on functional food and wellness products. Japanese companies like ๐Œ๐ข๐ญ๐ฌ๐ฎ๐ข & ๐‚๐จ. are leading the way in developing premium ginger-based products for health and beauty applications. A recent partnership between ๐Š๐ข๐ค๐ค๐จ๐ฆ๐š๐ง ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and ๐’&๐ ๐…๐จ๐จ๐๐ฌ ๐ˆ๐ง๐œ. has resulted in the launch of ginger-infused seasonings and sauces, aligning with Japan's growing demand for convenience and health-oriented products.

๐†๐ข๐ง๐ ๐ž๐ซ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's Ginger Market is undergoing consolidation as major players engage in strategic mergers to enhance their competitiveness. ๐‚๐‰ ๐‚๐ก๐ž๐ข๐ฅ๐‰๐ž๐๐š๐ง๐  recently acquired ๐Š๐จ๐ซ๐ž๐š ๐๐ข๐จ-๐…๐จ๐จ๐ 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.

๐†๐ข๐ง๐ ๐ž๐ซ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore is rapidly becoming a hub for ginger innovation, leveraging its advanced food-tech ecosystem. Companies like ๐’๐จ๐ฎ๐ญ๐ก๐ž๐š๐ฌ๐ญ ๐€๐ฌ๐ข๐š๐ง ๐’๐ฉ๐ข๐œ๐ž๐ฌ (๐’๐„๐€) are investing in cutting-edge processing technologies to produce high-quality ginger oils and extracts. Recent developments include ๐๐ซ๐จ๐œ๐ญ๐ž๐ซ & ๐†๐š๐ฆ๐›๐ฅ๐ž (๐&๐†) establishing a research center in Singapore focused on herbal and plant-based ingredients, including ginger.

๐†๐ข๐ง๐ ๐ž๐ซ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

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 ๐Œ๐œ๐‚๐จ๐ซ๐ฆ๐ข๐œ๐ค & ๐‚๐จ. expanding its product line with ginger-based spice blends. Furthermore, mergers like ๐–๐ก๐จ๐ฅ๐ž ๐…๐จ๐จ๐๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ'๐ฌ partnership with ๐’๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐Ž๐ซ๐ ๐š๐ง๐ข๐œ have bolstered the availability of premium ginger products in the market.

๐†๐ข๐ง๐ ๐ž๐ซ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

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 ๐”๐ง๐ข๐ฅ๐ž๐ฏ๐ž๐ซ 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.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ 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’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Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐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

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Portable Air Conditioner Market https://www.maximizemarketresearch.com/market-report/portable-air-conditioner-market/194526/

โ™ฆ Wine Corks Market https://www.maximizemarketresearch.com/market-report/wine-corks-market/194610/

โ™ฆ Global Microcarrier Market https://www.maximizemarketresearch.com/market-report/global-microcarrier-market/34042/

โ™ฆ Blockchain Technology Market https://www.maximizemarketresearch.com/market-report/global-blockchain-technology-market/29388/

โ™ฆ Global Wireless Connectivity Market https://www.maximizemarketresearch.com/market-report/wireless-connectivity-market/13738/

โ™ฆ Global Maple Syrup Market: https://www.maximizemarketresearch.com/market-report/maple-syrup-market/147930/

โ™ฆ Microcontroller Market https://www.maximizemarketresearch.com/market-report/global-microcontroller-market/16152/

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:

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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:

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According to Precision Business Insights (PBI), the latest report, ginger oil market was valued at USD 11,654.9 million in 2022 and is poised to grow at CAGR of 3.8% during the forecast period 2023 to 2029. Increasing demand for ginger oil in the pharmaceutical industry and food and beverages industry. In addition, rising awareness associated with health benefits of ginger oil are the major key driving factors expected to growโ€ฆ
Ginger Beer Market to Witness Astonishing Growth by 2029 | Barritt's Ginger Beer โ€ฆ
Ginger Beer may suggest that this beverage doesn't necessarily have alcohol content in it, Ginger Beer is actually a non-alcoholic drink. Originally, this firey drink was actually an alcoholic beverage made by fermenting water, sugar and ginger together. The Ginger Beer Market research report is an expert's thorough research on the industry's current state. This statistical surveying report provides the most recent industry information and future trends, allowing you to identifyโ€ฆ
Global Ginger Market: Increasing Awareness about Medicinal Properties of Ginger โ€ฆ
The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger marketโ€ฆ
Global Ginger Powder Ginger Extract Industry Market Analysis, Trends & Forecast โ€ฆ
Ginger Powder Ginger Extract Industry entails the qualitative and quantitative analysis of current and future market estimations. It also divulges details about the mode of research methodology used for the study. It includes data from primary as well as secondary resources. The report is a useful resource for industry players, new entrants in the marketplace, and investors as it helps them plan their business to gain fruitful and meaningful outcomes.โ€ฆ