Ginger Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.56 Billion |
| Market Size (2029) | USD 6.01 Billion |
| CAGR (2024 - 2029) | 5.68 % |
| Fastest Growing Market | North America and Europe |
| Largest Market | Asia Pacific |
Ginger Market Analysis
The Ginger Market size is estimated at USD 4.56 billion in 2024, and is expected to reach USD 6.01 billion by 2029, at a CAGR of 5.68% during the forecast period (2024-2029).
The global ginger market has consistently expanded, driven by its multifaceted roles in the culinary, medicinal, and cosmetic sectors. This upward trend is largely due to increased consumer awareness of ginger's health benefits and a growing demand for functional foods. The market has also seen a boost from the rising popularity of ginger-infused beverages, health tonics, and ready-to-drink cocktails, enhancing its stature in the food and beverage domains.
Global ginger production increased from 4.31 million metric tons in 2020 to 4.87 million metric tons in 2022. The Asia-Pacific region stands as the dominant region, with India, China, and Indonesia leading the production. India accounted for over 45% of the world's ginger output in 2022.
Europe is emerging as a significant market for suppliers from developing nations, with demand projected to rise. This anticipated growth is fueled by a societal shift towards healthier living, an increasing interest in Asian cuisine, and ginger's widespread use in the food and beverage sector. In 2023, the Netherlands led the ginger imports with 65 thousand metric tons, followed by Germany at 27.5 thousand metric tons and the United Kingdom at 21.8 thousand metric tons.
In the culinary world, ginger's flavor and health advantages have made it a staple, especially as consumers lean towards health-conscious choices. This shift has increased interest in ginger-containing products, from health supplements and teas to herbal medicines. In 2023, Traditional Medicinals, North America’s botanical wellness products lead, has introduced its newest product to Canada, the Organic Lemon Ginger tea. This refreshing blend comprises organic herbs including lemon peel, ginger, hibiscus, and lemon grass. Moreover, there's a noticeable trend towards organic ginger, with a growing demand for natural and sustainably sourced varieties during the forecast period.
Ginger Market Trends
United States is the Major Importer of Ginger
The United States plays a crucial role in the global ginger import market, driven by rising demand in the food, beverage, and pharmaceutical sectors. The United States primarily sources its ginger from China, Peru, and Brazil. Together, these countries accounted for 89.2% of the United States ginger imports, totaling 80.5 thousand metric tons in 2023. The overall import volume has increased from 85.5 thousand metric tons in 2019 to 90.3 thousand metric tons in 2023. This growth is largely due to increased awareness of ginger's health benefits, including its anti-inflammatory, digestive, and antioxidative properties.
From 2019 to 2023, Mexico emerged as the fastest-growing exporter of ginger to the United States market. China retained its position as the primary supplier, due to its competitive pricing and extensive production capabilities. Peru established itself as a significant exporter, particularly recognized for its organic ginger offerings, which resonate with the United States market's growing preference for natural and sustainable products. Ginger's versatility and the increasing consumer demand for natural remedies and organic products are expected to drive market demand during the forecast period.
Asia Pacific Dominates the Market
The Asia-Pacific region stands as the dominant player in the global ginger market, fueled by cultural significance, ideal climatic conditions, and extensive production and consumption. Leading producers like India, China, Indonesia, and Nepal hold substantial shares in both fresh and processed ginger markets. In 2022, India alone produced over 2.2 million metric tons of ginger, representing more than 45% of global output. Madhya Pradesh topped India's ginger production with over 692 thousand metric tons, followed by Karnataka and Assam. Fertile land, a favorable climate, and expertise in traditional farming ensure a steady supply of high-quality ginger from this region.
Asia-Pacific's dominance is bolstered by robust domestic and international demand. Ginger plays a pivotal role in traditional cuisines and Ayurvedic medicines, especially in India, China, Japan, and Southeast Asia. As a major exporter, Asia-Pacific caters to the rising demands of Europe and North America, with China and Thailand leading the global export with 278.3 thousand metric tons and 89.3 million metric tons respectively in 2023.
Government initiatives further amplify the region's competitive edge, focusing on boosting production and refining supply chain infrastructure. For instance, India's Spices Board actively promotes ginger farming, champions sustainable practices, and drives export growth. Highlighting these efforts, the ICAR-Indian Institute of Spices Research (IISR) in Kozhikode conducted a five-day training on ‘Ginger Production and Processing’ from November 11-15, 2024. This program, sponsored by the ‘Meghalaya Farmers (Empowerment) Commission (MFEC)’ of the Government of Meghalaya, trained farmers from the ‘Khasi-Jaintia Farmers Association (KJFA). Thus, these initiatives further anticipated to drive the market growth during the forecast period.
Ginger Market News
- July 2024: Heads of Noosa Brewing Co. has launched its first Ginger Beer, a tap-only product made with Australian-grown ginger and an ABV (alcohol by volume) of 4%. Available at the Heads of Noosa Taproom and select bars in Queensland, the beverage balances ginger flavor and sweetness.
- April 2024: The Ginger People Co. introduced Ginger Rescue Lozenges, harnessing the power of fresh ginger and red ginger extract to provide natural relief for nausea and digestive issues. These lozenges can be found at Walmart stores and are also accessible via e-commerce platforms.
Ginger Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Consumer Awareness of Health Benefits
4.2.2 Growing Application of Ginger in Medicinal and Nutraceutical Industries
4.2.3 Growth in Functional Foods and Beverages
4.3 Market Restraints
4.3.1 Vulnerability to Climatic Conditions
4.3.2 Price Volatility
4.4 Value Chain Analysis
5. MARKET SEGMENTATION
5.1 Geography
5.1.1 North America
5.1.1.1 United States
5.1.1.1.1 Production Analysis
5.1.1.1.2 Consumption Analysis and Market Value
5.1.1.1.3 Import Market Analysis (Volume and Value)
5.1.1.1.4 Export Market Analysis (Volume and Value)
5.1.1.1.5 Price Trend Analysis
5.1.1.2 Canada
5.1.1.2.1 Production Analysis
5.1.1.2.2 Consumption Analysis and Market Value
5.1.1.2.3 Import Market Analysis (Volume and Value)
5.1.1.2.4 Export Market Analysis (Volume and Value)
5.1.1.2.5 Price Trend Analysis
5.1.2 Europe
5.1.2.1 United Kingdom
5.1.2.1.1 Production Analysis
5.1.2.1.2 Consumption Analysis and Market Value
5.1.2.1.3 Import Market Analysis (Volume and Value)
5.1.2.1.4 Export Market Analysis (Volume and Value)
5.1.2.1.5 Price Trend Analysis
5.1.2.2 Germany
5.1.2.2.1 Production Analysis
5.1.2.2.2 Consumption Analysis and Market Value
5.1.2.2.3 Import Market Analysis (Volume and Value)
5.1.2.2.4 Export Market Analysis (Volume and Value)
5.1.2.2.5 Price Trend Analysis
5.1.2.3 Netherlands
5.1.2.3.1 Production Analysis
5.1.2.3.2 Consumption Analysis and Market Value
5.1.2.3.3 Import Market Analysis (Volume and Value)
5.1.2.3.4 Export Market Analysis (Volume and Value)
5.1.2.3.5 Price Trend Analysis
5.1.2.4 Spain
5.1.2.4.1 Production Analysis
5.1.2.4.2 Consumption Analysis and Market Value
5.1.2.4.3 Import Market Analysis (Volume and Value)
5.1.2.4.4 Export Market Analysis (Volume and Value)
5.1.2.4.5 Price Trend Analysis
5.1.2.5 France
5.1.2.5.1 Production Analysis
5.1.2.5.2 Consumption Analysis and Market Value
5.1.2.5.3 Import Market Analysis (Volume and Value)
5.1.2.5.4 Export Market Analysis (Volume and Value)
5.1.2.5.5 Price Trend Analysis
5.1.3 Asia-Pacific
5.1.3.1 China
5.1.3.1.1 Production Analysis
5.1.3.1.2 Consumption Analysis and Market Value
5.1.3.1.3 Import Market Analysis (Volume and Value)
5.1.3.1.4 Export Market Analysis (Volume and Value)
5.1.3.1.5 Price Trend Analysis
5.1.3.2 India
5.1.3.2.1 Production Analysis
5.1.3.2.2 Consumption Analysis and Market Value
5.1.3.2.3 Import Market Analysis (Volume and Value)
5.1.3.2.4 Export Market Analysis (Volume and Value)
5.1.3.2.5 Price Trend Analysis
5.1.3.3 Japan
5.1.3.3.1 Production Analysis
5.1.3.3.2 Consumption Analysis and Market Value
5.1.3.3.3 Import Market Analysis (Volume and Value)
5.1.3.3.4 Export Market Analysis (Volume and Value)
5.1.3.3.5 Price Trend Analysis
5.1.3.4 Thailand
5.1.3.4.1 Production Analysis
5.1.3.4.2 Consumption Analysis and Market Value
5.1.3.4.3 Import Market Analysis (Volume and Value)
5.1.3.4.4 Export Market Analysis (Volume and Value)
5.1.3.4.5 Price Trend Analysis
5.1.3.5 Vietnam
5.1.3.5.1 Production Analysis
5.1.3.5.2 Consumption Analysis and Market Value
5.1.3.5.3 Import Market Analysis (Volume and Value)
5.1.3.5.4 Export Market Analysis (Volume and Value)
5.1.3.5.5 Price Trend Analysis
5.1.3.6 Indonesia
5.1.3.6.1 Production Analysis
5.1.3.6.2 Consumption Analysis and Market Value
5.1.3.6.3 Import Market Analysis (Volume and Value)
5.1.3.6.4 Export Market Analysis (Volume and Value)
5.1.3.6.5 Price Trend Analysis
5.1.4 South America
5.1.4.1 Brazil
5.1.4.1.1 Production Analysis
5.1.4.1.2 Consumption Analysis and Market Value
5.1.4.1.3 Import Market Analysis (Volume and Value)
5.1.4.1.4 Export Market Analysis (Volume and Value)
5.1.4.1.5 Price Trend Analysis
5.1.4.2 Peru
5.1.4.2.1 Production Analysis
5.1.4.2.2 Consumption Analysis and Market Value
5.1.4.2.3 Import Market Analysis (Volume and Value)
5.1.4.2.4 Export Market Analysis (Volume and Value)
5.1.4.2.5 Price Trend Analysis
5.1.5 Middle East &Africa
5.1.5.1 South Africa
5.1.5.1.1 Production Analysis
5.1.5.1.2 Consumption Analysis and Market Value
5.1.5.1.3 Import Market Analysis (Volume and Value)
5.1.5.1.4 Export Market Analysis (Volume and Value)
5.1.5.1.5 Price Trend Analysis
5.1.5.2 Nigeria
5.1.5.2.1 Production Analysis
5.1.5.2.2 Consumption Analysis and Market Value
5.1.5.2.3 Import Market Analysis (Volume and Value)
5.1.5.2.4 Export Market Analysis (Volume and Value)
5.1.5.2.5 Price Trend Analysis
5.1.5.3 United Arab Emirates
5.1.5.3.1 Production Analysis
5.1.5.3.2 Consumption Analysis and Market Value
5.1.5.3.3 Import Market Analysis (Volume and Value)
5.1.5.3.4 Export Market Analysis (Volume and Value)
5.1.5.3.5 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Ginger Industry Segmentation
Ginger is the unevenly shaped underground plant stem of the plant Zingiber officinale. The plant is cultivated in tropical climates in different parts of the world.
The Ginger market is segmented by geography (North America, South America, Europe, Asia-Pacific, and Middle-East and Africa). The report provides the production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report also offers the market size and forecasts in terms of value in USD and volume in metric tons for the above-mentioned segments.
| Geography | ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
|
Ginger Market Research FAQs
How big is the Ginger Market?
The Ginger Market size is expected to reach USD 4.56 billion in 2024 and grow at a CAGR of 5.68% to reach USD 6.01 billion by 2029.
What is the current Ginger Market size?
In 2024, the Ginger Market size is expected to reach USD 4.56 billion.
Which is the fastest growing region in Ginger Market?
North America and Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Ginger Market?
In 2024, the Asia Pacific accounts for the largest market share in Ginger Market.
What years does this Ginger Market cover, and what was the market size in 2023?
In 2023, the Ginger Market size was estimated at USD 4.30 billion. The report covers the Ginger Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ginger Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Ginger Industry Report
Statistics for the 2024 Ginger market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ginger analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
