Market Highlights

Asia-Pacific was the largest market for ginger extract in 2023, and the region is expected to continue to dominate the global market during the review period. The rapid growth of the food & beverage industry in developing countries such as China and India and the increasing demand for natural ingredients is projected to boost the growth of the Ginger Extract Market Share.

Ginger Extract Market Size was valued at USD 129 Billion in 2024. The Ginger Extract market industry is projected to grow from USD 1.36 Billion in 2025 to USD 2.18 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 5.4% during the forecast period (2025 - 2034)

Europe market accounted for a significant share in 2023 of the global Ginger Extract Market Share. European countries including the UK, Germany, and the Netherlands are among the top importers of ginger. Healthy living is an important trend in Europe which is projected to boost the sales of ginger extract in the coming years.       

Ginger extract is available in several forms including powder, liquid, and paste. The use of ginger extract is increasing rapidly in ready-to-eat food products. Ginger paste is especially gaining traction among food manufacturers. The ginger extract also finds application in several non-alcoholic beverages. Herbal tea infused with ginger is widely preferred across the globe. Also, the consumption of dietary supplements has been rising over the last few years and the market is expected to register exponential growth in the near future, which is projected to boost the growth of the Ginger Extract Market Share.

Segmentations

The global Ginger Extract Market Share has been segmented on the basis of category, form, application, and region.

By category, the market has been divided into organic and conventional. The conventional segment accounted for a larger market share in 2023. Conventional ginger extract is derived from ginger grown using conventional farming practices. Owing to the low adoption of organic farming practices in several developing nations, the conventional segment accounts for the larger revenue share. However, organic segment is projected to exhibit higher CAGR during the forecast period.

Based on the form, the market has been segmented into powder and liquid. The powder segment accounted for the larger market share in 2023 due to the high consumption of ginger powder extract as a flavoring ingredient in gingerbread, cookies, crackers, cakes, ginger ale, and ginger beer, among other applications. However, the liquid segment is projected to exhibit a higher growth rate during the review period owing to the increasing preference for ginger oil extract in the food industry as it is stable, contamination-free, and clean.

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Regional Analysis

Geographically, the global Ginger Extract Market Share has been segregated into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Asia-Pacific accounted for the dominant share of the global market in 2023 with China being the major consumer of ginger extract. The European Ginger Extract Market Share also accounted for a significant share in 2023. The rising demand for herbal medicinal products and supplements is projected to boost the growth of the Ginger Extract Market Share in North America. In the Middle East, the Gulf Cooperation Council countries are projected to contribute significantly to the growth of the Ginger Extract Market Share.

Key Players are:

Naturex SA (France), Hornsea Sunshine Biotech (China), Greenutra Resource Inc. (China), KANEGRADE (UK), Naturalin Bio-Resources Co. Ltd (China), and Nutra Green Biotechnology Co. Ltd (China) among others.

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