IMARC Group, a leading market research company, has recently releases report titled “Ginger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global ginger market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Ginger is a versatile rhizome, mainly cultivated in tropical regions worldwide. Known for its aromatic and spicy flavor, it has been used for culinary, medicinal, and cosmetic purposes for centuries. The root is characterized by its unique taste, which adds warmth and zest to various dishes, including soups, desserts, and beverages. Medicinally, ginger has been employed to address a range of ailments, from nausea to inflammation, owing to its rich antioxidant and anti-inflammatory properties. Moreover, its essential oil is often incorporated in perfumes and cosmetics, signifying its broad applications. In the food industry, ginger is also processed into powder, candies, preserves, and beverages, underlining its versatility and wide-ranging appeal.
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Global Ginger Industry Trends and Drivers:
The global ginger market is primarily driven by the escalating product demand in various sectors. Besides this, the rising awareness of the health benefits of ginger, especially in the realms of digestive health, immune system boosting, and anti-inflammatory responses, is augmenting the product demand. Additionally, there has been a significant increase in its use as a flavoring agent in the food and beverage industry. In line with this, the cosmetics industry is also recognizing ginger’s potential, integrating it into skincare and haircare products due to its antioxidant properties, thus fueling market growth. Furthermore, the emerging trend toward natural and organic products in both the food and personal care sectors encourages the use of ginger as consumers shift toward ingredients they recognize and trust. Along with this, ongoing innovations in ginger-infused products, from beverages to confectionery, are contributing to the market growth.
List of Major Key Players:
The major players in the market are
- 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
- The Ginger People Co.
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The report has segmented the market into the following categories:
By Product Type:
- Fresh Ginger
- Dried Ginger
- Preserved Ginger
- Ginger Oil
- Others
By Application:
- Food Industry
- Pharmaceuticals Industry
- Cosmetics Industry
- Others
By Distribution Channel:
- Traditional Retail
- Modern Retail Stores
- Others
Regional Insights:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
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