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World - Ginger - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Ginger - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jan 26, 2023

Ginger Market Thrives on Rising Demand for Organic Products and Ready-to-Eat Food

Ginger Market Outlook

The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030). The increase in demand in various applications, such as food and beverages, cosmetics, and pharmaceuticals, is expected to drive the growth of the ginger market. Some of the key trends in the global ginger market include increase in demand for organic and natural products, rise in consumption of ready-to-eat food, and growth in preference for plant-based ingredients.

The Asia-Pacific region is expected to dominate the global ginger market owing to the high demand from countries such as China and India. In China, ginger is used in various traditional medicines and has a wide range of applications in food & beverages. India is another major producer and consumer of ginger. The country produces around 80% of the world's total ginger output.

The North American region is expected to witness significant growth during the forecast period due to the increasing demand for natural and organic products in the region. The US is a major market for organic food & beverages, which is expected to boost the demand for ginger in the country.Some of the key players operating in the global ginger market are Kerry Group Plc., Olam International Ltd., Wilbur-Ellis Company, Universal Preserv-A-Coat Inc.,and Indo World Traders Pvt. Ltd.

Ginger Market Trends

Ginger (Zingiber officinale) is a flowering plant whose rhizome, ginger root or simply ginger, is widely used as a spice or a folk medicine. It is native to southern China and India but has been spread to other parts of Asia, Africa, and the Americas. Ginger is one of the most versatile and widely used spices in the world. It is used to flavor cuisines, medicines, and beverages all over the globe.

Ginger contains many bioactive compounds including gingerol, paradol, zingerone, and shogaols that give it strong anti-inflammatory properties. These properties make it effective in treating various ailments such as nausea, arthritis pain, menstrual cramps, and stomach upset. As a result, there is high demand for ginger from the food & beverage industry as well as from the pharmaceutical sector.

Recently, the global ginger market has seen a surge in demand due to a number of factors, including an increase in awareness of its health benefits, rising population growth and incomes, and new product innovations. As consumers become more health conscious, they are searching for items that are not only nutritious but also taste good. Ginger fits this bill perfectly, as it is a flavorful and healthy option that can be used in many different recipes.

The growth of e-commerce is another significant trend that is having a positive impact on the growth of the global ginger market. Online sales are expected to grow at a rapid pace during the forecast period, due to the convenience offered by shopping online and the availability of products at discounted prices. This is expected to boost the demand for ginger products from e-commerce channels. Additionally, the growing disposable incomes in developing countries are allowing more people to purchase ginger products, driving up demand.

Organic Ginger Farming

Organic ginger farming is a form of agriculture that relies on organic methods to grow and cultivate ginger. This type of farming eschews the use of synthetic pesticides and fertilizers, opting instead for more natural means of pest and weed control.

There are several steps involved in organic ginger farming. First, the land must be prepared using organic methods such as composting. Next, ginger seeds are planted and allowed to germinate. Once the plants are established, they must be regularly watered and weeded. Finally, when the ginger is ready to harvest, it must be done so carefully to avoid damaging the roots.

Organic ginger farming is a great business opportunity for those looking to get into the organic food industry. It can be done on a small or large scale, making it a viable option for both farmers and investors alike.

Ginger Market Restraints

The global ginger market is facing a number of restraints that are limiting its growth. Firstly, the high cost of ginger cultivation is a major challenge for farmers. This is particularly acute in developing countries where small-scale farmers often do not have the resources to invest in ginger production.

Secondly, the volatile nature of the market means that prices for ginger can fluctuate wildly, making it difficult for farmers to plan their production and get a good return on their investment.

Thirdly, there is a lack of reliable information on the global ginger market, which makes it difficult for farmers and other stakeholders to make informed decisions about production and marketing.

Finally, the global ginger market is still relatively small compared to other agricultural commodities, which limits its potential for growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global ginger market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 720 - Ginger

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Organic Mountain Flavor Pvt. Ltd., Capital Foods Ltd., Buderim Group Limited, The Ginger People, Canadian Ginger Company, Indian Organic Farmers Producer Company Limited (IOFPCL), AKO GmbH, Guangxi Yongjiang Food Industry Co., Ltd, Archer-Daniel-Midland Company, Monterey Bay Spice Co., SA Rawther Spices (P) Ltd., Sino-Nature International Co. Ltd., Sun Impex International Foods LLC, ITC Ltd.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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