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The United States ginger market size reached approximately USD 3.10 billion in 2023. The market is further projected to grow at a CAGR of 6.5% between 2024 and 2032, reaching a value of USD 5.49 billion by 2032.
Ginger refers to a tropical flowering plant that originated from Southeast Asia and is classified as a member of the Zingiberaceae family. The leafy plant grows three feet in height and produce a cluster of greenish-purple flowers. Ginger can be consumed fresh or dry and is often made into liquid extracts, capsules, and tablets or stored as a spice.
On the basis of product type, the market is divided into fresh ginger and processed ginger, among others. Based on application, the market is segregated into food industry, pharmaceutical industry, and cosmetic industry, among others.
On the basis of distribution channel, the market is classified into supermarket or hypermarket, convenience stores, speciality stores, and online retail, among others. Based on region, the United States ginger market segmentation includes New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Supermarket and hypermarket accounts for a significant United States ginger market share owing to the availability of a wide range of products and payment options. The physical shopping experience offered by such stores supports social interactions. The presence of helpful professionals enhances the shopping experience for the customers. The instant availability of the product allows shoppers to avoid potential inconveniences that can be caused by shipping delays that are often witnessed in the case of online shopping.
Food industry is anticipated to account for a significant share of the market over the forecast period. This growth can be attributed to the expansion of the foodservice sector in the country and increasing popularity of fusion dishes. The rising consumption of ginger cookies and gingerbread is bolstering the United States ginger market demand. The increasing incorporation of ginger in gelato, frozen yogurt, and ice creams is further supporting the market expansion.
Floracopeia Inc. is dedicated towards providing its customers with ethically harvested and high-quality botanical products including ginger, among others. The company was founded in 2004 and is headquartered in California, United States.
Archer-Daniels-Midland Co. is a multinational commodities trading and food processing corporation that was founded in 1902 and is headquartered in Illinois, United States. The company specialises in plant-based proteins, animal nutrition, flavours, and oilseeds, among others.
The Ginger People is involved in the production and distribution of fresh ginger and turmeric products that are gluten free, non-GMO, and vegan. The company was founded in 1997 and is headquartered in California, United States.
Other United States ginger market key players include Capital Foods Limited, Natural Ginger Corp., Spice World, Inc., Sapsucker Farms, Kauai Organic Farms, Alstede farms, and Old Friends Farm LLC, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 3.10 billion in 2023.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.49 billion by 2032.
The major market drivers include expansion of the food service sector and rising utilisation of ginger for different pharmaceutical applications.
The key trends fuelling the growth of the market include expansion of the cosmetics sector and rising consumption of ginger cookies and gingerbread.
The major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The distribution channels include supermarket or hypermarket, convenience stores, speciality stores, and online retail, among others.
The key players in the market are Floracopeia Inc., Archer-Daniels-Midland Co., Capital Foods Limited, The Ginger People, Natural Ginger Corp., Spice World, Inc., Sapsucker Farms, Kauai Organic Farms, Alstede farms, and Old Friends Farm LLC, among others.
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Australia
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United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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