Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

How has the Ginger market grown over the years?

In the past few years, the size of the ginger market has experienced a significant increase. The growth is set to continue, increasing from $4.88 billion in 2024 to $5.2 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. This growth during the historic period can be credited to factors such as cultural and culinary importance, trade routes and exploration, the spice trade and colonialism, the renaissance and culinary renaissance, and trends in health and wellness.

What Is the forecasted market size and growth rate for the ginger market?

Significant expansion is projected for the ginger market within the coming years, projected to escalate to $6.56 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 6.0%. The predicted growth during this period can be linked to various factors including heightened consciousness amongst consumers about the health advantages of ginger, escalating popularity of drinks and health tonics that contain ginger, an increase in disposable incomes and evolving lifestyles, greater use of ginger as an ingredient in skincare, and easier accessibility of ginger products through online retailing. Key trends for the anticipated period comprise a surging demand for health and wellness products containing ginger, expansion of ginger cultivation and processing activities in budding regions, increased usage of ginger in cooking, the incorporation of ginger in various beverages, and introduction of innovative new ginger products.

Get your ginger market report here!

https://www.thebusinessresearchcompany.com/report/ginger-global-market-report

What are the major factors driving growth in the ginger market?

The surge in popularity for ready-to-drink cocktails is projected to fuel the expansion of the ginger market in the future. These cocktails are pre-blended alcoholic drinks that need no further preparation and can be enjoyed directly from the bottle or can. The consumer desire for ready-to-drink cocktails is growing, as individuals look for easily accessible yet tasteful beverages. Ginger is incorporated into these beverages to bring a fiery and refreshing twist to the taste. It also gives a rich complexity to cocktail mixes by harmonizing other flavors and creating depth. For example, the Distilled Spirits Council (DISCUS), a US-based educational institution specializing in distilled spirits, reported significant revenue growth in the US ready-to-drink (RTD) category in February 2024, especially in premixed cocktails and spirits ready-to-drink, with an increase of 26.8% or $599 million to $2.8 billion in 2023. Hence, this burgeoning demand for ready-to-drink cocktails is propelling advancements in the ginger market.

What key areas define the segmentation of the global 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

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=15196&type=smp

What are the top market players propelling the growth of the ginger industry?

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 are the key trends shaping the future of the ginger market?

Leading enterprises within the ginger market are creating unique products like quick-responsive ginger extracts, intended to bolster joint functionality and movement. A swift-response ginger extract is a condensed variation of ginger which immediately offers its positive influences after intake. For example, Specnova, a dietary supplement ingredient provider based in the US, introduced GingerT3 in June 2022. This organic, fermented ginger concentrate is specifically designed to cater to joint wellness. It’s an immediate-response, high potency formula that provides easy digestibility with smaller quantities, ranging between 75-125mg. GingerT3 blocks pain receptors and inflammatory enzymes, fostering joint wellness by addressing TRPV1 (Transient Receptor Potential Vanilloid 1), 5-LOX (5-Lipoxygenase), and COX (Cyclooxygenase). The product’s design lends itself easily to integration into a diverse range of items, encompassing gummies, chewables, capsules, and functional foods.

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15196

What regions are dominating the ginger market growth?

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.

Browse Through More Similar Reports By The Business Research Company:

Microirrigation Systems Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/microirrigation-systems-global-market-report

Premium Potting Soils Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/premium-potting-soils-global-market-report

Precision Farming Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/precision-farming-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: