Market Overview

The global Ginger Market was valued at USD 3.4 Billion in 2024. It is anticipated to grow at a CAGR of 6.7% during the forecast period 2025-2033, reaching USD 6.1 Billion by 2033. The market expansion is driven by the rising consumer awareness of ginger’s health benefits, increasing demand for organic and natural products, and growing applications in food, pharmaceuticals, and cosmetics.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Ginger Market Key Takeaways

• Current Market Size: USD 3.4 Billion in 2024
• CAGR: 6.7% during 2025-2033
• Forecast Period: 2025-2033
• Asia-Pacific dominates the market share in 2024 due to cultural significance, traditional uses, and favorable agricultural conditions.
• Growing use of ginger in health and wellness products, organic foods, pharmaceuticals, and functional beverages is fueling demand.
• Governmental efforts, such as subsidies and export support, are enhancing production and market stability.
• Increasing consumer preference for natural, plant-based, and clean-label products is driving market growth.

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Market Growth Factors

The market growth is driven by the increasing demand for natural ingredients by the consumers, and the growing awareness amongst the people about the health benefits of ginger, which include anti-inflammatory, digestive benefits, and aid in curing nausea. The increase in the consumption of organic and natural food by the people drives the fresh, dried, and powdered ginger market for food, nutraceuticals, and herbal tea applications.

The other major driver is the development of technologies for producing highly concentrated ginger extracts, owing to advances in extraction and processing. These extracts have applications in dietary supplements for digestive health, as anti-inflammatory and energy supplements, in functional foods and drinks, and in cosmetics for antioxidant and anti-ageing applications. An example is Specnova's rapid acting ginger extract GingerT3™ for joint health, which was launched in 2022.

Governments of countries that are the top producers of ginger assist the market through subsidies, assistance to farmers and research on organic farming. In 2022, the government of Meghalaya, India, allocated ₹121 crore (US$15 million) to improve ginger production in the state. Such policies stabilize supply, encourage fair trade practices, increase consumer confidence, and may encourage international trade via trade agreements, reduction in trade barriers, and tariff reductions.

Market Segmentation

Analysis by Product Type:

• Fresh Ginger: The largest segment in 2024 due to its popularity in culinary uses and healing properties. Preferred for its superior taste and aroma, fresh ginger is extensively used in cooking and alternative medicine, promoting digestion and reducing inflammation. The increase in natural and organic food trends supports its market dominance.
• Dried Ginger
• Preserved Ginger
• Ginger Oil
• Others

Analysis by Application:

• Food Industry: The leading application segment in 2024, highlighting ginger's role in global cuisines and dishes including Asian curries and herbal teas. It is used in fresh, dried, powdered, and oil forms, enhancing taste and nutrition. The rise in ethnic cuisines and functional foods further boosts demand.
• Pharmaceuticals Industry
• Cosmetics Industry
• Others

Analysis by Distribution Channel:

• Traditional Retail: Important in culturally entrenched regions, offering fresh ginger typically sourced directly from local farms, supporting local economies and ensuring quality.
• Modern Retail Stores: These provide a variety of ginger forms including fresh, dried, powdered, and processed products like paste and oil, meeting consumer demands for quality assurance and convenience.
• Others

Regional Insights

Asia-Pacific holds the largest share in 2024, driven by its strong cultural significance and extensive use in traditional dishes and medicine. Favorable climate conditions ensure consistent yield to satisfy local consumption and exports. The region benefits from a growing middle class with increasing health consciousness, driving demand for various ginger products including fresh, dried, ginger oils, and supplements. Infrastructure improvements in retail and e-commerce boost accessibility and convenience.

Recent Developments & News

• February 2025: UiTM Perlis and Perlis Correctional Centre launched a ginger farming project to equip 12 inmates with commercial production skills, supported by mentorship from six entrepreneurs, aimed at societal reintegration.
• December 2024: ICAR and IISR introduced "IISR Surasa," India's first vegetable-specific ginger variety, offering high yield (up to 24.33 tons/ha) with non-pungent rhizomes, approved for cultivation in Kerala.
• December 2024: Oregon-based Ginger Cult expanded its spiced alcoholic ginger beer lineup with new tropical and non-alcoholic flavors, partnering with Point Blank Distributing for statewide availability.
• September 2024: Canada Dry launched a new Ginger Beer featuring "The Right Amount of Spicy," supported by an out-of-home and digital campaign including an interactive social game.
• April 2024: The Ginger People Co. launched Ginger Rescue Lozenges featuring fresh ginger and red ginger extract, available exclusively at Walmart and online to provide relief from nausea and digestion issues.

Key Players

• 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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