Ginger Market Expected to Reach a Valuation of US$4.18 bn 2022

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market 

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption 

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally.

Ginger Market to Reach a Valuation of US$4.18 bn by the end of 2022

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market 

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption 

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally.

Ginger Market to Reach a Valuation of US$4.18 bn by the end of 2022

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market 

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption 

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally.

Ginger Market Expected to Expand at a 6.5% CAGR during 2017-2022

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption 

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally.

Ginger Market - Multi-remedial Nature of Ginger allows its Increased Adoption

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market 

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally. 

Ginger Market Expected to Reach a Valuation of US$4.18 bn by the end of 2022

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market 

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption 

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally.

Ginger Market to Grow at 6.50% CAGR with Increasing Global Popularity Regarding its Medicinal Benefits

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption 

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally. 

Ginger Market By Product Type, Application, and End-use Industry For 2017-2022

In the recent times, the global market for ginger has observed a strong surge in its valuation, thanks to the increasing popularity of ginger as a spice and as a flavoring agent across the world. The rising awareness about the medical benefits of ginger is also attracting consumers substantially, and this factor is expected to act as a long-term promoter of this market, leading it to high growth over the next few years.

In addition to this, the widening application base of ginger, from medicines to alcoholic beverages, is anticipated to boost the global ginger market in the years to come. The market is projected to gain US$3.06 bn by 2017 in revenues. The opportunities in this market is predicted to proliferate at a CAGR of 6.50% between 2017 and 2022, reaching a value of US$4.18 bn by the end of 2022.

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APEJ to Retain Leadership in Global Ginger Market

North America, the Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Europe, Latin America, and Japan have emerged as the key regional markets for ginger across the world. Of these, the APEJ region has surfaced as the most attractive regional market for ginger and acquired the leading position in the global market. Progressing at a CAGR of 7.10% during the period from 2017 to 2022, the APEJ market for ginger is predicted to experience a high rise over the near future, thereby retaining its leadership on the overall market.

The tremendous rise in medical tourism in Asian countries, such as India and China, has influenced the production of medicinal spices, of which ginger is a significant segment and, consequently, the market for ginger in APEJ is being heavily boosted. Researchers anticipate the scenario to remain the same over the next few years.

Amongst other regional markets for ginger, the Middle East and Africa, Europe, and North America are expected to register a steady rise in their respective ginger markets over the forthcoming years. While the Middle East and Africa market will gain from the increasing production of spices; the North America and Europe markets will benefit from the rising awareness of the medicinal qualities of ginger among consumers, together with augmenting preference for organic and bio-based remedies for ailments.

Fresh Ginger Enjoys Greater Demand than Other Forms

Commonly, ginger is found in fresh, dried, pickled, preserved, crystallized, and powdered forms across the world. The demand for fresh ginger is much higher than its other forms. Expanding at a CAGR of 7.30% between 2017 and 2022, this segment is anticipated to remain the most prominent one in the years to come.

Ginger finds extensive application in culinary, snacks and convenience food, soups and sauces, bakery products, non-alcoholic beverages, alcoholic beverages, and chocolate and confectionery. The culinary segment has surfaced as the main application area of ginger and is projected to remain so over the next few years. Traditional grocery retail, modern grocery retail, and non-grocery retail are the prime distribution channels of ginger across the world.

At the forefront of the global market for ginger are Archer-Daniels-Midland Co., Yummy Food Industrial Group, Monterey Bay Spice Co. Inc., Sun Impex International Foods L.L.C., Indian Organic Farmers Producer Co. Ltd., Sino-Nature International Co. Ltd., Atmiya International, Buderim Group Ltd., Food Market Management Inc., and SA Rawther Spices Pvt. Ltd.

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Ginger Market: Growing Awareness Regarding the Benefits of Ginger for Treatment of Various Diseases Boosting Demand

The global ginger market is characterized by the presence of a large pool of established players, and therefore the market’s vendor landscape is fragmented and competitive in nature. The players are making use of new flavours in order to attract more customers and introducing new products with added nutrients, notes Transparency Market Research (TMR) in its report on the global ginger market. Some of the players within the market which are mentioned in the report are: Indian Organic Farmers Producer, SA Rawther Spices, Archer Daniels Midland, Sun Impex, Food Market Management, Yummy Food Industrial Group, Monterey Bay Spice, Buderim Group, Sino-Nature, and Atmiya International.

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According to the report by TMR, the global ginger market is expected to rise from US$3.06 bn in revenues in 2017 to US$4.18 bn by 2022, expanding at a 6.5% CAGR from 2017 to 2022. On the basis of form, the demand for fresh ginger is expected to exceed all other forms. The fresh ginger segment is anticipated to exhibit a CAGR of 7.30% between 2017 and 2022 and continue to remain the most attractive segment throughout the forecast period.

Demand for Ginger Highest from Culinary Segment

By application, the culinary segment will emerge the most attractive segment. The global ginger market will see traditional grocery retail, non-grocery retail, and modern grocery retail, as key channels for distribution. On the basis of geography, the market for ginger will emerge most lucrative in Asia Pacific excluding Japan. The market in APEJ is estimated to expand at a CAGR of 7.10% from 2017 to 2022.

Soaring Popularity of Ginger as a Herbal Medicine Driving Demand

As per the lead author of this report, “the demand for ginger is growing across the globe on account of the rising popularity of ginger as a herbal medicine for curing several ailments such as indigestion, ulcers, constipation, arthritis, hypertension, rheumatism, and atherosclerosis. Ginger is also being used for combating cancer, nausea, diabetes, and cardiovascular diseases, and this is behind its high demand. The use of ginger as a home remedy for treating various infections such as common cold and cough is also behind the soaring popularity of ginger. The demand for ginger will also see a high on account of the spreading awareness regarding its use for delaying aging process and its anti-inflammatory and anti-oxidative properties.

Ginger Market: APEJ to Present Attractive Growth Opportunities

Global Ginger Market: Snapshot

In the recent times, the global market for ginger has observed a strong surge in its valuation, thanks to the increasing popularity of ginger as a spice and as a flavoring agent across the world. The rising awareness about the medical benefits of ginger is also attracting consumers substantially, and this factor is expected to act as a long-term promoter of this market, leading it to high growth over the next few years.

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In addition to this, the widening application base of ginger, from medicines to alcoholic beverages, is anticipated to boost the global ginger market in the years to come. The market is projected to gain US$3.06 bn by 2017 in revenues. The opportunities in this market is predicted to proliferate at a CAGR of 6.50% between 2017 and 2022, reaching a value of US$4.18 bn by the end of 2022.

APEJ to Retain Leadership in Global Ginger Market

North America, the Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Europe, Latin America, and Japan have emerged as the key regional markets for ginger across the world. Of these, the APEJ region has surfaced as the most attractive regional market for ginger and acquired the leading position in the global market. Progressing at a CAGR of 7.10% during the period from 2017 to 2022, the APEJ market for ginger is predicted to experience a high rise over the near future, thereby retaining its leadership on the overall market.

The tremendous rise in medical tourism in Asian countries, such as India and China, has influenced the production of medicinal spices, of which ginger is a significant segment and, consequently, the market for ginger in APEJ is being heavily boosted. Researchers anticipate the scenario to remain the same over the next few years.

Amongst other regional markets for ginger, the Middle East and Africa, Europe, and North America are expected to register a steady rise in their respective ginger markets over the forthcoming years. While the Middle East and Africa market will gain from the increasing production of spices; the North America and Europe markets will benefit from the rising awareness of the medicinal qualities of ginger among consumers, together with augmenting preference for organic and bio-based remedies for ailments.

Fresh Ginger Enjoys Greater Demand than Other Forms

Commonly, ginger is found in fresh, dried, pickled, preserved, crystallized, and powdered forms across the world. The demand for fresh ginger is much higher than its other forms. Expanding at a CAGR of 7.30% between 2017 and 2022, this segment is anticipated to remain the most prominent one in the years to come.

Ginger finds extensive application in culinary, snacks and convenience food, soups and sauces, bakery products, non-alcoholic beverages, alcoholic beverages, and chocolate and confectionery. The culinary segment has surfaced as the main application area of ginger and is projected to remain so over the next few years. Traditional grocery retail, modern grocery retail, and non-grocery retail are the prime distribution channels of ginger across the world.

At the forefront of the global market for ginger are Archer-Daniels-Midland Co., Yummy Food Industrial Group, Monterey Bay Spice Co. Inc., Sun Impex International Foods L.L.C., Indian Organic Farmers Producer Co. Ltd., Sino-Nature International Co. Ltd., Atmiya International, Buderim Group Ltd., Food Market Management Inc., and SA Rawther Spices Pvt. Ltd.

Ginger Market: Key Growth Factors and Industry Analysis 2017-2022

Characterized by the presence of a massive pool of established participants, the worldwide market for ginger demonstrates a highly competitive and fragmented business landscape, finds a new research report by Transparency Market Research (TMR). The leading players in this market, such as Archer Daniels Midland, Yummy Food Industrial Group, Monterey Bay Spice, Sun Impex, Indian Organic Farmers Producer, Sino-Nature, Atmiya International, Buderim Group, Food Market Management, and SA Rawther Spices, rely heavily upon introducing novel products, using new flavors or added nutrients, notes the research study.

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According to the TMR’s estimations, the global ginger market is expected to gain US$3.06 bn in revenues by 2017. The market’s opportunity is estimated to further rise at a healthy CAGR 6.50% during the period from 2017 to 2022 and attain a value of US$4.18 bn by the end of the period of the forecast, states the report.

Growing Popularity of Ginger as Herbal Medicine Aiding in Market’s Growth

“The global ginger market is heavily influenced by the growing popularity of ginger as an herbal medicine,” says a researcher at TMR. Since, ginger helps in combating various ailments, such as degenerative disorders (arthritis and rheumatism), digestive problems (indigestion, constipation, and ulcer), cardiovascular diseases (atherosclerosis, and hypertension), cancer, diabetes mellitus, and nausea, its demand has always been on the positive side.

Its antimicrobial potential, which aid in the treatment of infectious diseases, and its anti-oxidative and anti-inflammatory properties for keeping the process of aging in check are likely to boost this market substantially in the years to come. The hectic lifestyles of consumers and the increasing health consciousness among them is also projected to contribute to the growth of this market in the near future, notes the research study.

APEJ to Present Attractive Growth Opportunities

The research report presents a thorough geographical analysis of the global ginger market. According to it, North America, the Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Europe, Latin America, and Japan are the main regional ginger markets across the world. Among these, APEJ is the leader, being the most attractive market for ginger, and is expected to retain its leadership throughout the period of the forecast.

Researchers anticipate this regional market to progress at a CAGR of 7.10% over the period from 2017 to 2022 and experience a high rise in the near future on account of the rising medical tourism in Asian countries, especially in China and India, leading to an increasing yield of medicinal plants and spices.

Fresh ginger is experiencing a much higher demand than the other forms of commercially available ginger, including dried, pickled, preserved, crystallized, and powdered. The fresh ginger segment is anticipated to remain on the top in the near future, with its demand rising at a CAGR of 7.30% between 2017 and 2022, reports the research study.

Ginger Market: Growing Popularity of Ginger as Herbal Medicine Aiding in Market’s Growth

Global Ginger Market: Snapshot

In the recent times, the global market for ginger has observed a strong surge in its valuation, thanks to the increasing popularity of ginger as a spice and as a flavoring agent across the world. The rising awareness about the medical benefits of ginger is also attracting consumers substantially, and this factor is expected to act as a long-term promoter of this market, leading it to high growth over the next few years.

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In addition to this, the widening application base of ginger, from medicines to alcoholic beverages, is anticipated to boost the global ginger market in the years to come. The market is projected to gain US$3.06 bn by 2017 in revenues. The opportunities in this market is predicted to proliferate at a CAGR of 6.50% between 2017 and 2022, reaching a value of US$4.18 bn by the end of 2022.

APEJ to Retain Leadership in Global Ginger Market

North America, the Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Europe, Latin America, and Japan have emerged as the key regional markets for ginger across the world. Of these, the APEJ region has surfaced as the most attractive regional market for ginger and acquired the leading position in the global market. Progressing at a CAGR of 7.10% during the period from 2017 to 2022, the APEJ market for ginger is predicted to experience a high rise over the near future, thereby retaining its leadership on the overall market.

The tremendous rise in medical tourism in Asian countries, such as India and China, has influenced the production of medicinal spices, of which ginger is a significant segment and, consequently, the market for ginger in APEJ is being heavily boosted. Researchers anticipate the scenario to remain the same over the next few years.

Amongst other regional markets for ginger, the Middle East and Africa, Europe, and North America are expected to register a steady rise in their respective ginger markets over the forthcoming years. While the Middle East and Africa market will gain from the increasing production of spices; the North America and Europe markets will benefit from the rising awareness of the medicinal qualities of ginger among consumers, together with augmenting preference for organic and bio-based remedies for ailments.

Fresh Ginger Enjoys Greater Demand than Other Forms

Commonly, ginger is found in fresh, dried, pickled, preserved, crystallized, and powdered forms across the world. The demand for fresh ginger is much higher than its other forms. Expanding at a CAGR of 7.30% between 2017 and 2022, this segment is anticipated to remain the most prominent one in the years to come.

Ginger finds extensive application in culinary, snacks and convenience food, soups and sauces, bakery products, non-alcoholic beverages, alcoholic beverages, and chocolate and confectionery. The culinary segment has surfaced as the main application area of ginger and is projected to remain so over the next few years. Traditional grocery retail, modern grocery retail, and non-grocery retail are the prime distribution channels of ginger across the world.

At the forefront of the global market for ginger are Archer-Daniels-Midland Co., Yummy Food Industrial Group, Monterey Bay Spice Co. Inc., Sun Impex International Foods L.L.C., Indian Organic Farmers Producer Co. Ltd., Sino-Nature International Co. Ltd., Atmiya International, Buderim Group Ltd., Food Market Management Inc., and SA Rawther Spices Pvt. Ltd.

Ginger Market: Increasing Awareness about Medicinal Properties of Ginger to Boost Growth

Characterized by the presence of a massive pool of established participants, the worldwide market for ginger demonstrates a highly competitive and fragmented business landscape, finds a new research report by Transparency Market Research (TMR). The leading players in this market, such as Archer Daniels Midland, Yummy Food Industrial Group, Monterey Bay Spice, Sun Impex, Indian Organic Farmers Producer, Sino-Nature, Atmiya International, Buderim Group, Food Market Management, and SA Rawther Spices, rely heavily upon introducing novel products, using new flavors or added nutrients, notes the research study.

According to the TMR’s estimations, the global ginger market is expected to gain US$3.06 bn in revenues by 2017. The market’s opportunity is estimated to further rise at a healthy CAGR 6.50% during the period from 2017 to 2022 and attain a value of US$4.18 bn by the end of the period of the forecast, states the report.

Growing Popularity of Ginger as Herbal Medicine Aiding in Market’s Growth

“The global ginger market is heavily influenced by the growing popularity of ginger as an herbal medicine,” says a researcher at TMR. Since, ginger helps in combating various ailments, such as degenerative disorders (arthritis and rheumatism), digestive problems (indigestion, constipation, and ulcer), cardiovascular diseases (atherosclerosis, and hypertension), cancer, diabetes mellitus, and nausea, its demand has always been on the positive side.

Its antimicrobial potential, which aid in the treatment of infectious diseases, and its anti-oxidative and anti-inflammatory properties for keeping the process of aging in check are likely to boost this market substantially in the years to come. The hectic lifestyles of consumers and the increasing health consciousness among them is also projected to contribute to the growth of this market in the near future, notes the research study.

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APEJ to Present Attractive Growth Opportunities

The research report presents a thorough geographical analysis of the global ginger market. According to it, North America, the Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Europe, Latin America, and Japan are the main regional ginger markets across the world. Among these, APEJ is the leader, being the most attractive market for ginger, and is expected to retain its leadership throughout the period of the forecast.

Researchers anticipate this regional market to progress at a CAGR of 7.10% over the period from 2017 to 2022 and experience a high rise in the near future on account of the rising medical tourism in Asian countries, especially in China and India, leading to an increasing yield of medicinal plants and spices.

Fresh ginger is experiencing a much higher demand than the other forms of commercially available ginger, including dried, pickled, preserved, crystallized, and powdered. The fresh ginger segment is anticipated to remain on the top in the near future, with its demand rising at a CAGR of 7.30% between 2017 and 2022, reports the research study.