Ginger Extract Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The ginger market is expected to grow substantially in the coming years, and is expected to reach a size of $ 1.36 billion in 2025. By 2034, this figure is expected to reach $ 2.18 billion. This represents a compound annual growth rate (CAGR) of 5.4% for the forecast period. This growth is largely driven by the growing awareness of the health benefits of ginger, and the increasing application of ginger in the food and beverage, dietary supplement and pharmaceutical industries. The growing demand for natural and organic products is also expected to drive the demand for ginger extracts, as consumers increasingly seek alternatives to synthetic products. The major players in the ginger extract market, such as Kancor Ingredients, The Ginger People and Naturex, are actively engaged in strategic initiatives to capitalize on this growth. These companies are focusing on product innovation, and expanding their product portfolios, as well as forming strategic alliances to strengthen their market presence. The companies are also investing in research and development to improve their extraction techniques and product quality. These strategic initiatives are expected to play an important role in meeting the rising demand for natural products, as well as in addressing the growing demand for organic products.

Regional Market Size

Regional Deep Dive

The ginger extract market is experiencing dynamic growth in various regions, driven by the rising awareness of the benefits of ginger, the growing demand for natural food and beverage ingredients, and the growing use of ginger extract in the pharmaceutical and cosmetic industries. Each region has its own characteristics, which are influenced by cultural preferences, regulations, and economic conditions, which shape the market landscape. In the face of the growing demand for natural products and food supplements, the ginger extract market is expected to grow rapidly, and innovation and strategic cooperation will play an important role in its development.

Europe

• In Europe, the rise of the wellness trend has led to a surge in demand for ginger extract in dietary supplements, with companies like Herbalife and Holland & Barrett expanding their product lines to include ginger-infused offerings.
• The European Union's stringent regulations on food safety and labeling are encouraging manufacturers to invest in high-quality sourcing and sustainable practices, which is expected to enhance consumer trust and market growth.

Asia Pacific

• Asia-Pacific is witnessing a resurgence in traditional medicine practices, with countries like India and China promoting ginger extract for its medicinal properties, leading to increased local production and export opportunities.
• Innovations in extraction technologies are being spearheaded by companies such as Kancor Ingredients, which are enhancing the quality and efficacy of ginger extracts, thereby expanding their applications in food, beverages, and nutraceuticals.

Latin America

• Latin America is seeing an increase in the use of ginger extract in the beverage industry, with companies like Grupo Jumex incorporating ginger into their product lines to cater to health-conscious consumers.
• The region's rich biodiversity and agricultural potential are leading to the development of local ginger farming initiatives, supported by government programs aimed at promoting sustainable agriculture and export opportunities.

North America

• The trend towards clean label products is gaining momentum in North America, with companies like McCormick & Company focusing on natural ingredients, including ginger extract, to meet consumer demand for transparency and health benefits.
• Regulatory changes, such as the FDA's increased scrutiny on food additives, are prompting manufacturers to prioritize natural extracts like ginger, leading to collaborations with suppliers to ensure compliance and quality.

Middle East And Africa

• In the Middle East and Africa, the growing interest in herbal remedies is driving the demand for ginger extract, with local companies like Al Haramain Foods capitalizing on this trend by introducing ginger-based products.
• Cultural factors, such as the use of ginger in traditional cuisines and remedies, are influencing market growth, while government initiatives to promote natural health products are expected to further boost the sector.

Did You Know?

“Ginger extract is not only popular for its culinary uses but also contains bioactive compounds that have been shown to possess anti-inflammatory and antioxidant properties, making it a sought-after ingredient in health supplements.” — Journal of Medicinal Food

Segmental Market Size

This is a good time to start a business in the ginger extract market. The market is growing very fast, driven by the rising awareness of the health benefits of ginger, such as anti-inflammatory and antioxidant properties. In the food and beverage industry, ginger extract is used in the manufacture of so-called functional foods and beverages as well as dietary supplements. The growing demand for natural ingredients and the increasing trend towards a healthy lifestyle are driving manufacturers to include ginger extract in their products. Furthermore, regulatory support for natural health products is expected to increase the market’s potential. The use of ginger extracts has reached a mature stage, with companies such as The Ginger People and Simply Ginger being the leaders in product development and market penetration. The main applications are in herbal teas, dietary supplements and food products for health-conscious consumers. The growing focus on clean labelling and the need to use natural ingredients will also boost the market. Extraction and quality control processes are influencing the development of the market. These ensure a higher quality and purity of the extracts.

Future Outlook

The ginger extract market is expected to grow from $1.36 billion in 2025 to $2.18 billion in 2034, with a healthy compound annual growth rate (CAGR) of 5.4%. Its growth is based on the growing awareness of the benefits of ginger and its anti-inflammatory and antioxidant properties. Also, as people become more health conscious, the demand for natural and organic food and beverage ingredients is expected to rise, thereby boosting the use of ginger extract in these industries. Meanwhile, the improvement of extraction methods such as supercritical fluid extraction and cold-pressing is expected to enhance the quality and yield of ginger extract, thus increasing its appeal to manufacturers and consumers. Also, supportive government policies that encourage the use of herbal and natural products in the food and pharmaceutical industries are expected to further drive the growth of the market. The use of ginger extract in the cosmetic industry and in the production of functional foods and beverages is expected to bring in new revenue and widen the market. In short, the ginger extract market is expected to thrive based on a combination of factors such as the growing trend towards healthy living, technological developments, and supportive government policies.