Global Ginger Market to Reach a Volume of 2.8 Million Tons in 2021

Ginger and its processed forms find applications across a number of industries such as food processing, pharmaceuticals, beverages, confectionary, soaps and cosmetics, tobacco processing, etc. Estimates by IMARC Group states that the global ginger market is expected to grow at a CAGR of 4.6% during 2016-2021.



A recently released report by IMARC Group titled “Ginger Processing Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” provides a deep insight into the global ginger processing market. Ginger is considered as one of the healthiest spices and has long been used as a flavouring agent across the world. It is a good source of vitamins A, C, E and B-complex, magnesium, phosphorus, potassium, silicon, sodium, iron, zinc, calcium and beta-carotene. Ginger has a strong and spicy aroma with a peppery and slightly sweet flavour. The spicy aroma is mainly due to the presence of ketones, especially the gingerols which represent the main bioactive compound in ginger.

Ginger provides an endless array of health benefits as it controls diabetes, prevents cancer, cold & flu, treats morning sickness, promotes heart health, controls blood sugar levels, reduces muscle and menstrual pain and settles upset stomach. The report states that ginger finds applications in a number of industries such as food processing, pharmaceuticals, beverages, confectionary, soap making, tobacco processing, etc. Although gingers are used in numerous forms like fresh, dried, pickled, syrup, preserved, crystallised and candied, they are popularly used in the form of ginger powder and ginger oil.

According to the report, the global ginger market is expected to grow at a CAGR of 4.6% during 2016-2021, reaching a volume of 2.8 Million Tons by 2021. The report has also analysed the ginger powder and ginger oil market, covering the volume and value trends along with their processing and manufacturing. During the manufacturing process, ginger oil is first obtained. After extraction of ginger oil, the processed gingers are further dried and pulverized to obtain ginger powder. Ginger powder finds numerous applications across various industries. It is widely used in the food industry as a condiment in salad dressings, tomato ketchups, sauces, pickles, gravies, meat sausages, curry dishes, etc. In herbal medicines, it is considered as an excellent carminative herb which helps to relax the gastrointestinal muscles and reduce flatulence. It is also used in soaps and cosmetics. On the other hand, ginger oil is mainly used in the flavouring of beverages, confectionery and perfumes.

The report has further analysed the global production of ginger on the basis of region. Currently, China and India represent the world’s largest producers of ginger and are followed by Nepal, Thailand, Nigeria and Indonesia. The report has also covered the global top exporters and importers of ginger and has found that China represents the biggest exporter while Japan and the United States represent the biggest importers.

The report provides a techno-commercial roadmap for setting up a ginger processing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the ginger market. This ranges from macro overview of the market to micro details of the industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the ginger market in any manner.

 

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

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