Ginger Market Poised to Grow at a CAGR of 4.18% by 2024

Ginger Market Poised to Grow at a CAGR of 4.18% by 2024


Infinium Global Research has added a new report on Ginger Market. The report presents analysis of global as well as regional markets of ginger market over the period of 2016 to 2024.Ginger is one of the healthiest and most delicious spice. It is being cultivated to be used as a food additive and as a dried spice. Fresh ginger is considered as to be warm and dried ginger is considered as to be hot. It has medicinal properties help to prevent treatment for nausea and fight with flu and common cold. The oil made from ginger can be applied to skin for relieving pain. It is commonly used for several types of stomach problem including morning sickness, colic, upset stomach, diarrhea and gas. Other uses of ginger are reducing symptoms of osteoarthritis, help treatment of chronic indigestion, lower cholesterol levels, improve heart disease risk factors and help prevent cancer.

 

Ginger is extensively used in food and beverage sector as a flavoring agent. The continuous growth in the food and beverage industry will drive the demand for the production of ginger. Besides this, ginger is also used in almost every household for cooking. In addition, ginger is used for fragrance in cosmetics and soaps as well as it is used in chemical sector as anti-gas and antacid medications.  Increasing uses of ginger in the medical field for the treatment of problem associated with constipation and infection is also a supporting factor, boosting the global ginger market. The major factor such as growing consumer awareness concerning to the medicinal benefits of ginger for health is driving the growth of the ginger market. Going further, ginger also has wide applications in Chocolate & Confectionery, Bakery Products, pickle, alcoholic and Non-Alcoholic Beverages, Soups and Sauces and several other food items which in turn, is projected to create lucrative growth opportunities for the global ginger market in upcoming years.

               


Among the Geographies, Asia pacific region is anticipated to be the dominant region in terms of revenue. Ginger is popular ingredients in this region and also has high medicinal value in this region. It is extensively used in household cooking as a flavoring agent. Besides ginger has extensive applications in food & beverage industry that further facilitates the growth of the ginger market in this region. Rise in production of ginger in Asian countries such as India, china is projected to boost the market. India is the largest producer and exporter of ginger. Growing awareness about the application of ginger among consumers is augmenting the steady growth of ginger market in North America and Europe over the forecast period. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global ginger market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


 

Get 15% discount for early purchase of global ginger market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1853

 

The recent report identified that Asia Pacific dominated the global ginger market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the ginger market worldwide.

 

The report segments the global ginger market on the basis of Form, Distribution Channel  and Application .

 

Global Ginger Market by Form 

·         Supplements

·         Cookies

·         Fresh

·         Ginger Ale

·         Pickled

·         Dried

·         Preserved

·         Powdered

·         Crystallized

 

Global Ginger Market by Distribution Channel 

·         Retail Stores

·         Hyper Market

·         Online

 

Global Ginger Market by Application 

·         Soups and Sauces

·         Culinary

·         Snacks & Convenience Food

·         Bakery Products

·         Non-Alcoholic Beverages

·         Chocolate and Confectionery

 

Companies Profiled in the Report

·          SA Rawther Spices Pvt. Ltd.

·         Food Market Management Inc.

·         Buderim Group Ltd.

·         Sino-Nature International Co. Ltd.

·         Indian Organic Farmers Producer Co. Ltd.

·         Archer-Daniels-Midland Co.

·         Yummy Food Industrial Group

·         Monterey Bay Spice Co. Inc.

·         Sun Impex International Foods L.L.C.

 

About Infinium Global Research

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