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Driving Ginger Market Growth in 2025: The Role of The Surging Demand For Ready-To-Drink Cocktails Is Driving The Ginger Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Ginger Market Size Growth Forecast: What to Expect by 2025?
The value of the ginger market has seen a robust escalation in the preceding years. It is projected to expand from $4.88 billion in 2024 to $5.2 billion in 2025, marking a compound annual growth rate (CAGR) of 6.4%. The preceding period's increment can be linked to factors such as its cultural and culinary importance, expansion of trade routes and exploration, the significance of the spice trade and colonialism, the renaissance and culinary renaissance, coupled with current health and wellness trends.
How Will the Ginger Market Size Evolve and Grow by 2029?
The market for ginger is set to experience significant expansion in the forthcoming years, reaching a value of $6.56 billion in 2029 with a compound annual growth rate (CAGR) of 6.0%. This projected growth in the upcoming years can be attributed to heightened public awareness of the health advantages derived from consuming ginger, coupled with an increased interest in ginger-infused drinks and health tonics. Primary factors also include escalating disposable income, evolving lifestyles, and a growing acceptance of ginger as a beneficial component in skincare. Moreover, the proliferation of ginger-centric products via online retail platforms aids in this increase. Major emerging trends during the forecast period incorporate heightened demand for products centred on ginger's health and wellness benefits, the spread of ginger cultivation and processing endeavours in up-and-coming regions, the growing culinary usage of ginger, the incorporation of ginger within various beverages, and innovative new product offerings.
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What Drivers Are Propelling the Growth of Ginger Market Forward?
The expansion of the ginger market is anticipated due to an increasing appetite for ready-to-drink cocktails. These pre-mixed alcoholic beverages need no further preparation and can be consumed directly from the bottle or can. The appeal for these ready-to-drink cocktails is intensifying, as consumers are looking for time-saving yet taste-filled choices for their beverage selection. Ginger is utilized in these ready-to-drink cocktails for its vibrant and refreshing flavor contribution. It also enhances cocktail recipes by complementing other tastes and adding richness. For example, the Distilled Spirits Council (DISCUS), a US-based educational institution specializing in distilled spirits, reported that in February 2024, there was a notable growth of the US ready-to-drink (RTD) sector's revenue, particularly premixed cocktails, which increased by 26.8% or $599 million to $2.8 billion in 2023. Hence, the escalating demand for ready-to-drink cocktails is propelling the growth of the ginger market.
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Which Emerging Trends Are Transforming the Ginger Market in 2025?
In the ginger market, leading corporations are forging ahead with innovative product development such as rapid-release ginger extracts, designed for supporting joint mobility and health. Rapid-release ginger extract is a concentrated ginger variant that swiftly brings its advantageous effects into play upon intake. To illustrate, GingerT3, a fermented ginger extract of organic origin targeting joint assistance, was launched in June 2022 by Specnova, an American ingredient provider. This high-potency, rapid-response formula requires minimal doses (75-125mg), simplifying the formulation process. GingerT3 serves to inhibit pain receptors and inflammatory enzymes, fostering joint health through targeting 5-LOX (5-Lipoxygenase), TRPV1 (Transient Receptor Potential Vanilloid 1), and COX (Cyclooxygenase). The design facilitates easy integration into diverse products like , chews, functional foods, and capsules.
What Are the Key Segments in the 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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Who Are the Key Players Shaping the Ginger Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth 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.
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