MarkNtel Advisors – Leading Market Research Company found Global Ginger Market is expected to reach 6.9% CAGR Growth By 2030.
This report provides a comprehensive analysis of the Global Ginger Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Ginger Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
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Scope of the Ginger Market Report:
The Global Ginger Market size was valued at USD 4.5 billion in 2023 and is estimated to grow at a CAGR of around 6.9% during the forecast period, i.e., 2024-30. The growth of the market would be propelled mainly by the growing consumer awareness of the health benefits & culinary uses of ginger and its increasing number of medicinal & nutraceutical applications. Ginger is a versatile ingredient used in various cuisines worldwide. Its unique flavor & aroma make it a popular choice in many savory & sweet dishes, beverages, snacks, & condiments.
Which prominent factor is expected to drive the Ginger Market during 2024-30?
Ever-Increasing Consumer Demand for Healthy & Natural ingredients: Ginger is recognized widely for its health benefits owing to its anti-inflammatory properties, digestive benefits, and use in traditional medicine applications. As consumers increasingly seek natural remedies & functional foods to support their well-being, and ginger well-aligns with these preferences, it witnesses high demand. Moreover, there's a growing preference for natural & clean-label ingredients, which are minimally processed and free from artificial additives.
As ginger also fits well here as a natural spice & flavoring agent, consumers are increasingly opting for products with recognizable & simple ingredient lists. Hence, the mounting inclination of consumers toward healthy foods with natural ingredients is a key factor driving the Global Ginger Market.
What are the different Segment Available in the Ginger Market?
By Forms
- Fresh Ginger - Market Size & Forecast 2019-2030, USD Million
- Powdered Ginger- Market Size & Forecast 2019-2030, USD Million
- Dried Ginger - Market Size & Forecast 2019-2030, USD Million
- Ginger Oil - Market Size & Forecast 2019-2030, USD Million
By Type
- Organic- Market Size & Forecast 2019-2030, USD Million
- Conventional- Market Size & Forecast 2019-2030, USD Million
By Application
- Food Processing - Market Size & Forecast 2019-2030, USD Million
- Pharmaceuticals Nutraceutical - Market Size & Forecast 2019-2030, USD Million
- Personal Care Industry- Market Size & Forecast 2019-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
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Leading Ginger companies operating in the Market
- Monterey Bay Spice Co. Inc.
- Sino Nature International Co Ltd
- Buderim Group Limited
- Knitspice
- KODGAV
- Canadian Ginger Company
- Olam Spices
- Huaguang Group
- Indian Organic Farmers Producer Co. Ltd.
- Others.
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