Global Ginger Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
The global ginger market is estimated to register a CAGR of XXX% in terms of value during the forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The ginger market report has been segmented on the basis of form, application, and region.
Ginger Market Overview
Ginger is the underground stem of a perennial herb, which is used as a spice and as a preservative. Ginger is widely used as a spice, for pickles, candies, and as a medicinal herb. It is produced in many countries such as India, China, Indonesia, Brazil, etc. which have moist and tropical conditions.
It is available in different forms such as raw ginger, dry ginger, bleached dry ginger, ginger powder, ginger oil, ginger oleoresin, ginger candy, ginger beer, brined ginger, ginger wine, ginger squash, ginger flakes, etc. Gingerol is the active constituent of ginger that is isolated and various studies are performed to study the pharmacological and toxic effects. Ginger has properties such as antiplatelet, antibacterial, antifungal, antiviral, anti-inflammatory, and anti-oxidative.
The key driver of the global ginger market is the growing acceptance of ginger as herbal medicine. In addition, rising demand for ginger in the food industry, increasing concern for health, the demand for herbal-based and natural products, and broadening the application base of ginger are the factors anticipated to propel the growth of the global ginger market.
In recent years, ginger is trending across a variety of beverage types across the world. Various R&D activities are performed on ginger to study its medical properties and benefits. As a result of the growing concern for food safety, quality management systems play an important role in the spice and herb market. Many animal and cell biological studies have been conducted on ginger. Major players of ginger manufacturing companies are collaborating with local players to expand their presence globally.
The Ginger market in the Asia Pacific is expected to dominate the global ginger market, due high production of ginger in countries such as China, India, Indonesia, Bangladesh, Thailand, Philippines in this region. The demand for ginger is expected to increase in regions such as North America and Europe due to its wide application in the pharmaceutical and cosmetics industries.
GLOBAL GINGER MARKET SEGMENTATION:
Ginger Market Segmentation by form:
- Fresh ginger
- Powdered ginger
- Dried ginger
- Ginger oil
Ginger Market Segmentation by application:
Ginger Market Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Atmiya International
- SA Rawther Spices Pvt. Ltd.
- Monterey Bay Spice Co. Inc.
- Yummy Food Industrial Group
- Indian Organic Farmers Producer Co. Ltd
- Sino-Nature International Co. Ltd
- Food Market Management Inc.
- Buderim Group Ltd.
- Archer-Daniels-Midland Co.
- Floracopeia Inc.
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