The Infinium Global Research analyzes the Ginger Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global ginger market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of ginger. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the ginger market during the period. The global ginger market is projected to grow at a CAGR of 4.18% over the forecast period of 2018-2024.
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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.
Growing Consumer Awareness Concerning to the Medicinal Benefits of Ginger for Health is Driving the Growth of the Ginger Market
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.
Asia pacific Region is Anticipated to Be the Dominant Region in Terms of Revenue
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.
The report on global ginger market covers segments such as, form, distribution channel and application. On the basis of form the global ginger market is categorized into supplements, cookies, fresh, ginger ale, pickled, dried, preserved, powdered and crystallized. On the basis of distribution channel the global ginger market is categorized into retail stores, hyper market and online. On the basis of application the global ginger market is categorized into soups and sauces, culinary, snacks & convenience food, bakery products, non-alcoholic beverages and chocolate and confectionery.
Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global ginger market such as, 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. and Sun Impex International Foods L.L.C.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-ginger-market
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global ginger market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of ginger market.
Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the ginger market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the ginger market to understand the present and future trends in this market and formulate their strategies accordingly.