The GCC ginger market is projected to exhibit a growth rate (CAGR) of 5.80% during 2023-2028. The increasing consumer awareness regarding health benefits, the growing preference for natural and organic products among the masses, and the implementation of favorable government policies encouraging domestic cultivation are some of the key factors driving the market.
Ginger is a well-known aromatic root with a unique combination of zest and spice, famed for its distinctive taste and for its wide array of medicinal properties. Native to Southeast Asia, it is a tropical perennial that has been used for thousands of years in Asian cooking and traditional medicine. The plant is known scientifically as Zingiber officinale and is part of the family Zingiberaceae, alongside other aromatic herbs, such as turmeric and cardamom. Its primary active component, gingerol, is responsible for much of its anti-inflammatory and antioxidant effects, which have made it a staple in natural medicine. The ginger plant's root, also referred to as the rhizome, is the most commonly consumed portion. It is frequently used in a variety of forms, including fresh, dried, powdered, as an oil or juice, or even as a spice in food processing, beverages, pharmaceuticals, and cosmetics. Furthermore, ginger is gaining popularity as a functional food ingredient due to its rich nutritional profile and health benefits.
GCC Ginger Market Trends:
The GCC ginger Market has been experiencing significant growth, propelled by the escalating awareness of ginger's health benefits among the GCC population. Along with this, the growing preference for natural and organic products, coupled with ginger's anti-inflammatory and antioxidant properties, has made it a popular choice among health-conscious consumers. Additionally, the versatility of ginger in various culinary applications, as a spice in food and drinks or as a flavoring agent in confectionery, is further influencing its demand. In addition, the application of ginger in traditional Arabic medicine and the cosmetic industry, particularly in skin care products, is augmenting its market growth in the region. Moreover, the favorable government policies encouraging domestic cultivation and sustainable ginger farming promote the local ginger market. Apart from this, the advent of new processing technologies, resulting in varied forms of ginger products such as candies, drinks, preserves, and even ready-to-eat ginger-infused meals, is broadening its consumer base. Furthermore, the trend of online shopping and home delivery in the region is offering a substantial boost to ginger sales, as it provides customers with a convenient platform to explore and purchase a wider variety of ginger-based products. This amalgamation of factors marks a positive outlook for the GCC ginger Market, signifying its potential for continual growth and expansion. Other factors, including rapid urbanization and extensive research and development (R&D) activities conducted by key players to study about the properties of the product, are also positively influencing the market across the GCC region.
GCC Ginger Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the GCC ginger market report, along with forecasts at the regional and country levels for 2023-2028. Our report has categorized the market based on product type, application, and distribution channel.
Product Type Insights:
- Fresh Ginger
- Dried Ginger
- Preserved Ginger
- Ginger Oil
The report has provided a detailed breakup and analysis of the market based on the product type. This includes fresh ginger, dried ginger, preserved ginger, ginger oil, and others.
- Food Industry
- Pharmaceuticals Industry
- Cosmetics Industry
A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes food industry, pharmaceuticals industry, cosmetics industry, and others.
Distribution Channel Insights:
- Traditional Retail
- Modern Retail Stores
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes traditional retail, modern retail stores, and others.
- Saudi Arabia
The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, and Oman.
The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
GCC Ginger Market Report Coverage:
|Base Year of the Analysis
|Scope of the Report
||Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product Type
- Distribution Channel
|Product Types Covered
||Fresh Ginger, Dried Ginger, Preserved Ginger, Ginger Oil, Others
||Food Industry, Pharmaceuticals Industry, Cosmetics Industry, Others
|Distribution Channels Covered
||Traditional Retail, Modern Retail Stores, Others
||Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report:
- How has the GCC ginger market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the GCC ginger market?
- What is the breakup of the GCC ginger market on the basis of product type?
- What is the breakup of the GCC ginger market on the basis of application?
- What is the breakup of the GCC ginger market on the basis of distribution channel?
- What are the various stages in the value chain of the GCC ginger market?
- What are the key driving factors and challenges in the GCC ginger market?
- What is the structure of the GCC ginger market and who are the key players?
- What is the degree of competition in the GCC ginger market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the GCC ginger market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the GCC ginger market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the GCC ginger industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.