Ginger Market Reaches USD 4.5 Billion in 2023, on Track for 6.9% CAGR by 2030

This comprehensive Global Ginger Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

According to recent market analysis report, the Global Ginger Market which was USD 4.5 billion in 2023, expected to grow at a CAGR of 6.9% during the forecast period of 2024 to 2030.

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Driving Force Behind the Growth of the Ginger Market through 2030

Ever-Increasing Consumer Demand for Healthy & Natural ingredients: Ginger is recognized widely for its health benefits owing to its anti-inflammatory properties, digestive benefits, and use in traditional medicine applications. As consumers increasingly seek natural remedies & functional foods to support their well-being, and ginger well-aligns with these preferences, it witnesses high demand. Moreover, there’s a growing preference for natural & clean-label ingredients, which are minimally processed and free from artificial additives.

As ginger also fits well here as a natural spice & flavoring agent, consumers are increasingly opting for products with recognizable & simple ingredient lists. Hence, the mounting inclination of consumers toward healthy foods with natural ingredients is a key factor driving the Global Ginger Market.

Market Segment Highlights:

By Forms

• Fresh Ginger – Market Size & Forecast 2019-2030, USD Million
• Powdered Ginger- Market Size & Forecast 2019-2030, USD Million
• Dried Ginger – Market Size & Forecast 2019-2030, USD Million
• Ginger Oil – Market Size & Forecast 2019-2030, USD Million

Of them all, fresh ginger, i.e., the unprocessed root form of the ginger plant, dominates the market with the largest share, owing mainly to its extensive consumption & utilization in various culinary & medicinal applications. The highly versatile fresh ginger is used in a wide range of cuisines globally. It adds flavor, aroma, & a distinct spiciness to dishes, which makes it a popular choice among both chefs & home cooks.

By Type

• Organic- Market Size & Forecast 2019-2030, USD Million
• Conventional- Market Size & Forecast 2019-2030, USD Million

By Application

• Food Processing – Market Size & Forecast 2019-2030, USD Million
• Pharmaceuticals Nutraceutical – Market Size & Forecast 2019-2030, USD Million
• Personal Care Industry- Market Size & Forecast 2019-2030, USD Million

Ginger Market Regional Outlook:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

Explore the Full Report with Charts, Table of Contents, and List of Figures – https://www.marknteladvisors.com/research-library/ginger-market.html

Ginger Market Competition Analysis:

Some of the top Ginger companies operating in the market are Monterey Bay Spice Co. Inc., Sino Nature International Co Ltd., Buderim Group Limited, Knitspice, KODGAV, Canadian Ginger Company, Olam Spices, Huaguang Group, Indian Organic Farmers Producer Co. Ltd., Other.

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