Product Code: SR1423A83_Report
The global ginger market size reached US$ 2.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.94% during 2023-2028.
Ginger is an underground rhizome of a tropical plant belonging to the family of Zingiberaceae. It has a pungent and sweet-spicy aroma with a firm, striated texture that adds a unique flavor to different fruit and vegetable dishes. Its oleoresin contains various bioactive components, which are utilized to obtain a variety of remarkable pharmacological and physiological benefits. It is consumed both as fresh ginger as well as processed to form dried, preserved, oil, pickled and candied ginger products.
The extensive applications of ginger in various industries represent one of the key factors bolstering the market growth. For instance, as ginger has a peppery flavor with a strong aroma, it is an extremely popular dietary condiment used as a spice to flavor cookies, cakes and curry mixes in the food and beverage (F&B) industry. It is also utilized to make candies cooked in syrup and coated with granulated sugar. Apart from this, ginger has anti-inflammatory properties that aid in alleviating pain and swelling associated with osteoarthritis. It is also used as a digestive aid for diarrhea, nausea, vomiting, and stomach upset occurring from motion sickness, pregnancy and cancer chemotherapy. This is positively influencing the sales of ginger in the pharma industry. Furthermore, as ginger reduces bad cholesterol levels, improves lipid metabolism and leads to blood thinning, it is gaining traction in medications that are used to decrease the risk of cardiovascular diseases and diabetes. Its application is further expanding in the cosmetics and personal care industries for manufacturing essential oils.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global ginger market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application and distribution channel.
Breakup by Product Type:
- Fresh Ginger
- Dried Ginger
- Preserved Ginger
- Ginger Oil
- Others
Breakup by Application:
- Food Industry
- Pharmaceuticals Industry
- Cosmetics Industry
- Others
Breakup by Distribution Channel:
- Traditional Retail
- Modern Retail Stores
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- Nepal
- Bangladesh
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer-Daniel-Midland Company, Buderim Group Limited, Floracopeia Inc., Guangxi Yongjiang Food Industry Co., Ltd., Indian Organic Farmers Producer Company Limited (IOFPCL), Monterey Bay Spice Co., SA Rawther Spices (P) Ltd., Sino-Nature International Co. Ltd., Sun Impex International Foods LLC and The Ginger People Co.
Key Questions Answered in This Report:
- How has the global ginger market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global ginger market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global ginger market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Ginger Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Fresh Ginger
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Dried Ginger
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Preserved Ginger
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Ginger Oil
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Application
- 7.1 Food Industry
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Pharmaceuticals Industry
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Cosmetics Industry
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Traditional Retail
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Modern Retail Stores
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 Nepal
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Bangladesh
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Archer-Daniel-Midland Company
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Buderim Group Limited
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 Floracopeia Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Guangxi Yongjiang Food Industry Co., Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Indian Organic Farmers Producer Company Limited (IOFPCL)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Monterey Bay Spice Co.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 SA Rawther Spices (P) Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Sino-Nature International Co. Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Sun Impex International Foods LLC
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 The Ginger People Co.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio