Global Ginger Market By Form Overview
Ginger market accounted for US$ 3.05 billion in 2020 and is estimated to be US$ 5.55 billion by 2030 and is anticipated to register a CAGR of 6.2%.
Ginger is underground stem belongs to zingiberaceae family. Raw ginger is composed of approximately 79% water, 18% carbohydrates, 2% protein, and 1% fat. Ginger is basically used to cure multiple diseases such as cancer, nausea, cardiovascular diseases, and diabetes. It also helps to improve indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, menstrual irregularities, and atherosclerosis. Ginger normally consumed in various forms like fresh juice, powder, or as a dried spice. Ginger roots in the juice form are widely used for flavoring various dishes. In Caribbean, Indian, and Asian cuisines, fresh ginger root is featured in many meat, seafood, and vegetable dishes. That’s because fresh ginger packs tons of warm, pungent, peppery flavor that works so well with meats and vegetables. It contains chemicals that are antioxidants, anti-inflammatory and antibacterial.
Global Ginger Market By Form Drivers & Restraints
Rising antimicrobial activity of ginger
Growing popularity of ginger as herbal medicine is a major factor driving growth of the ginger market. Additionally, excellent properties of ginger such as antimicrobial activity, anti-oxidative, and anti-inflammatory properties are helpful in the treatment of infectious diseases which is a key factor expected to support growth of the target market over the forecast period. Furthermore, increasing use of ginger in the food and beverage industry is major factor anticipated to boost growth of the target market over the forecast period. Ginger is widely used in the various end-use applications such as in alcoholic and non-alcoholic beverages, soups, and sauces which are supporting growth of the ginger market.
However, high dose of ginger can cause mouth irritation and heartburn which is a key factor expected to hinder growth of the ginger market in the near future. Also, emerging applications of the ginger in end-use applications in the food industry, such as in alcoholic and non-alcoholic beverages is a factor expected to create lucrative opportunity for the major players operating in the target market.
Global Ginger Market By Form Segmentations & Regional Insights
Ginger market is segmented based on form, application, distribution channel, and region.
On the basis of form, ginger market is segmented into fresh, dried, pickled, preserved, crystallized, and powered. On the basis of application, the target market is categorized into soups and sauces, snacks foods, bakery products, non-alcoholic beverages, and chocolate and confectionary. On the basis of distribution channel, the target market is segmented into retail stores, hyper market, and online.
Regional Insights:
Ginger market accounted for US$ 3.05 billion in 2020 and is estimated to be US$ 5.55 billion by 2030 and is anticipated to register a CAGR of 6.2%. On region the global ginger market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to account for major revenue share as compared to that of other regions. This can be attributed to increasing consumer awareness concerning the medicinal benefits of ginger for health in the countries of the region. Also, the market in North America is expected to account for second-highest revenue share in the global market, followed by the market in Europe. Moreover, the market in North America is projected to witness significant growth over the forecast period
Ginger Market Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Form- Fresh, Dried, Pickled, Preserved, Crystalized, and Powdered By Application– Soup and Sauces, Snacks and Convenience Food, Bakery Products, and Alcohol By Distribution Channel– Retail Stores, Hyper Market, and Online |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global ginger market report based on form, application, distribution channel and region.
Ginger Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
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- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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-
- U.S.
- Canada
- Middle East & Africa
Rest of Middle East & Africa
Global Ginger Market By Form Competitive Landscape & Key Players
The key players operating in the global ginger market includes Atmiya International, SA Rawther Spices Pvt. Ltd., Monterey Bay Spice Co. Inc., Yummy Food Industrial Group, Indian Organic Farmers Producer Co. Ltd, Sino-Nature International Co. Ltd, Food Market Management Inc., Buderim Group Ltd., Archer-Daniels-Midland Co., and Floracopeia Inc.
Rawther Spices Pvt. Ltd:
SA Rawther is India’s No.1 processor of dry ginger. SRS is the only dry ginger processor in India to have a facility with mechanical washing and other cleaning facilities.
Global Ginger Market By Form Company Profile
- Atmiya International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SA Rawther Spices Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Monterey Bay Spice Co. Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yummy Food Industrial Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Indian Organic Farmers Producer Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sino-Nature International Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Food Market Management Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Buderim Group Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Archer-Daniels-Midland Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Floracopeia Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Ginger Market By Form Highlights
FAQs
Ginger Market is segmented into form, application, distribution channel, and region.
The market is growing due to the increased use of ginger oil, which has a variety of benefits.
By region, Asia Pacific tea market is expected to account for major share in terms of revenue in the Global Ginger Market over the forecast period followed by other regions.
The Key players operating in the Ginger Market includes Atmiya International, SA Rawther Spices Pvt. Ltd., Monterey Bay Spice Co. Inc., Yummy Food Industrial Group, Indian Organic Farmers Producer Co. Ltd, Sino-Nature International Co. Ltd, Food Market Management Inc., Buderim Group Ltd., Archer-Daniels-Midland Co., and Floracopeia Inc.