Uploaded on Feb 26, 2024
According to the latest research report by IMARC Group, The global ginger market size reached US$ 3.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2032, exhibiting a growth rate (CAGR) of 7% during 2024-2032. More Info:- https://www.imarcgroup.com/ginger-market
Ginger Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
Global Ginger Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing t o t he la tes t r epor t by IMARC Group , t i t l ed " G i nger Market : G l oba l Indust ry T rends , Share , S ize , G rowth , Opportun i ty and Forecast 2024- 2032, " t he g l oba l g inger marke t s i ze reached US$ 3 . 2 B i l l i on i n 2023 . Factors Af fect ing the Growth of the Ginger Industry: Consumer Heal th Awareness: Report The su rge i n consumer hea l th awareness has s i gn i f i can t l y impac ted the g inge r indus t ry g rowt h . As ind i v idua l s become m ore aware abou t t he hea l t h benef i t s assoc ia ted w i th na tu ra l i ngred ien t s , g inger , known f o r i t s an t i - i n f lammato ry , Highlight and an t i ox idan t , and d iges t i ve hea l th p roper t i es , has w i tnessed an inc rease i n demand . Th is he igh tened awareness i s no t l im i t ed to d ie t a ry supp lement s , i t Description ex tends to a b road spec t rum o f p roduc ts , i nc lud ing func t i ona l f oods , beve rages , and persona l ca re i t ems. Consumers a re ac t i ve l y seek ing ou t p roduc ts t ha t ca t e r t o t he i r nu t r i t i ona l needs and o f f e r hea l th -p romot ing bene f i t s , mak ing g inger a h igh ly va lued ing red ien t ac ross mu l t ip l e sec to rs . The emphas i s on na tu ra l and ho l i s t i c we l l ness so lu t ions con t inues t o d r i ve t he expans ion o f t he g inge r marke t , as consumers p r io r i t i ze hea l th and we l l -be ing in t he i r purchas ing dec is ions . Cul inary Innovat ions: Cul i na ry innova t ion p lays a p ivo ta l ro le in t he g rowth o f t he g inge r i ndus t ry . Che fs and f ood manu fac t u re rs a re inc reas ing l y exper imen t i ng w i th g inge r t o c rea t e nove l and d iverse f l avo r p ro f i l es , i nco rpo ra t ing i t i n t o a w ide a r ray o f Report cu l ina ry app l i ca t ions , f r om t rad i t i ona l d i shes to con temporary fus ion cu is ine . Th is cu l ina ry ve rsa t i l i t y has e leva ted t he s ta tus o f g i nger f r om a t rad i t i ona l sp ice to a modern super food, f ea tu red in every th ing f rom gourmet d i shes to everyday Highlight and snacks and beve rages . The cons tan t exp lo ra t ion o f new cu l inary techn iques and the in t egra t ion o f g inge r Description i n t o hea l t h - consc ious rec ipes ca te r t o t he evo lv i ng tas t es and d ie t a r y p re fe rences o f consumers wor l dw ide . As a resu l t , t he g inge r i ndus t r y bene f i t s f rom an ever - expand ing m arke t base , d r i ven by t he des i r e f o r i nnovat i ve and f lavo r fu l f ood exper iences t ha t a l so o f fe r hea l t h benef i t s . Global izat ion of Food Trends: The g loba l i za t ion o f f ood t rends has s i gn i f i can t l y in f luenced the demand fo r g inger , p rope l l i ng i t s g rowth on a g loba l sca le . As peop le a round the wor ld become more exposed t o d iverse cu is i nes and d ie ta ry hab i t s t h rough t rave l , med ia , and the in te rne t , t he appe t i t e f o r au then t i c and exo t i c f l avo rs has surged. Ginge r , w i th i t s d i s t i nc t ive tas te and ve rsa t i l i t y , has become a s tap le ing red ien t i n va r ious g loba l cu is ines , t ranscend ing cu l tu ra l and geograph ic boundar ies . Th is inc reased exposu re and accep tance has led to a he igh tened demand fo r g inger in marke ts p rev ious ly un fami l ia r w i th i t s use , d r iv ing expans ion in p roduc t ion and d is t r ibu t ion ne tworks . The c ross -cu l tu ra l exchange o f cu l i na ry p rac t i ces con t inues to in t roduce g inger to new Report aud iences , f os te r ing a g loba l app rec ia t ion fo r i t s f l avo r and hea l th bene f i t s , and in tu rn , s t imu la t ing indus t ry g rowth . Highlight and Request for a PDF sample o f th is repor t : Description h t tps : / /www. imarcgroup .com/g inger -marke t / reques tsamp le Report Description Global Ginger Market Trends: The g lobal g inger market is exper iencing s ign i f icant growth, dr iven by increas ing demand across var ious sectors such as food and beverages, pharmaceut ica ls , and cosmet ics. Th is surge is a t t r ibu ted to the recognized heal th benef i ts o f g inger , inc lud ing an t i - in f lammatory and ant iox idant propert ies , a longside i ts widespread use as a f lavor ing agent. As ia-Paci f ic dominates the market , due to i ts extens ive g inger cu l t ivat ion and consumpt ion. Meanwhi le , Nor th Amer ica and Europe are showing robust demand growth, fue led by r is ing awareness of heal th and wel lness. Innovat ions in g inger-based products and the expansion o f the organic g inger segment are fur ther propel l ing the market forward, making g inger a versat i le and popular commodi ty wor ldwide. View Report TOC, F igures and Tables : ht tps: / /www.imarcgroup.com/ginger-market Breakup by Product Type: • Fresh Ginger • Dried Ginger • Preserved Ginger • Ginger Oi l • Others Report Segmentation Breakup by Application: • Food Industry • Pharmaceuticals Industry • Cosmetics Industry • Others Breakup by Distribution Channel: • Tradit ional Retai l • Modern Retai l Stores • Others Report Breakup by Region: Segmentation • North America • Asia-Pacifi c • Europe • Latin America • Middle East and Afr ica • Archer-Daniel-Midland Company • Buderim Group Limited • Floracopeia Inc. Competitive • Guangxi Yongjiang Food Industry Co., Ltd. • Indian Organic Farmers Producer Company Landscape Limited ( IOFPCL) with Key • Monterey Bay Spice Co. • SA Rawther Spices (P) Ltd. Players • Sino-Nature International Co. Ltd. • Sun Impex International Foods LLC • The Ginger People Co. What was the size of the global ginger market in 2023? What is the expected growth rate of the global ginger market during 2024-2032? What are the key factors driving the global ginger Key market? Questions What has been the impact of COVID-19 on the global ginger market? Answered in What is the breakup of the global ginger market the Report based on the product type? What is the breakup of the global ginger market based on the application? What are the key regions in the global ginger market? Who are the key players/companies in the global ginger market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l G i n g e r M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t T y p e 6 . 1 F r e s h G i n g e r 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 D r i e d G i n g e r 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 P r e s e r v e d G i n g e r 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 6 . 4 G i n g e r O i l 6 . 4 . 1 M a r k e t T r e n d s 6 . 4 . 2 M a r k e t F o r e c a s t 6 . 5 O t h e r s 6 . 5 . 1 M a r k e t T r e n d s 6 . 5 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y A p p l i c a t i o n 7 . 1 F o o d I n d u s t r y 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t Table of 7 . 2 P h a r m a c e u t i c a l s I n d u s t r y 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 C o s m e t i c s I n d u s t r y Contents 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 7 . 4 O t h e r s 7 . 4 . 1 M a r k e t T r e n d s 7 . 4 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y D i s t r i b u t i o n C h a n n e l 8 . 1 T r a d i t i o n a l R e t a i l 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 M o d e r n R e t a i l S t o r e s 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 O t h e r s 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. im a rcg ro u p . co m / g in g e r- m a r ke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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