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Ginger Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global ginger processing market was worth US$ 2.16 Billion in 2018. Ginger is a type of spice that belongs to the plant family of  Zingiberaceae. It is an excellent source of dietary fiber, vitamin E (alpha-tocopherol), vitamin B6, iron, magnesium, manganese, potassium and selenium. Being aromatic and pungent, ginger adds a distinctive flavor to several food products and has been used as a common ingredient in Asian cuisines for centuries. The spicy aroma of ginger is mainly due to the presence of ketones, especially gingerols, which have significant importance in its food and health-related applications. To extend its shelf-life, gingers can be artificially processed into different versions, such as paste, oil and powder. Some of the basic steps included in ginger processing are harvesting, washing, drying and packaging.

Ginger Processing Industry Report

Nowadays, with rising health-consciousness, consumers across the globe are preferring nutrition-rich food products, which is providing a boost to the growing popularity of processed ginger. In the food industry, the powdered form of ginger is widely used as a condiment or flavoring agent in salad dressings, tomato ketchup and sauces, pickles, gravies, meat sausages and curry dishes. Other than this, ginger powder is regarded as an excellent carminative ingredient that reduces intestinal gas. As a result, they are used in the treatment of a number of skin disorders in ayurvedic medicines. Also, the regular consumption of processed ginger products reduces the risk of diabetes, obesity, heart diseases, resulting in increased energy, reduced weight and a healthy complexion. Ginger powder is also utilized for adding fragrance in soaps and personal care products. Moreover, the oil obtained from ginger is mainly employed in the flavoring of beverages, confectioneries and perfumes. Owing to these factors, IMARC Group expects the market to reach US$ 3.42 Billion by 2023, at a CAGR of 6.6% over the forecast period.

Global Ginger Processing Market By End-Use

Breakup by Form:

  • Ginger Powder
  • Ginger Oil

 

At present, ginger is majorly consumed in powder form as it does not have the strong pungent flavor from the roots due to which it is utilized for giving a mild taste to the dishes.

Breakup by End Use:

  • Food Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Others

 

The food industry currently represents the largest segment for processed ginger products owing to their usage in the preparation of numerous food products ranging from breads and other bakery products to smoothies and curries.

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online
  • Others

 

The market has been segmented based on the distribution channel, which consists of supermarkets and hypermarkets, convenience stores, specialty food stores, online and others.

Regional Insights:

  • China
  • India
  • Nepal
  • Thailand
  • Nigeria
  • Indonesia
  • Others

 

Region-wise, India exhibits a clear dominance in the market since it the biggest producer and one of the largest exporters of processed ginger products. This can be accredited to the climatic conditions in the region, which are suitable for the cultivation of ginger.

Key Questions Answered in This Report:

  • How has the ginger market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the industry?
  • How has the ginger processing market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the industry?
  • What are the major end-use segments in the industry?
  • How has the ginger powder and ginger oil market performed so far and how will it perform in the coming years?
  • What are the various distribution channels in the industry?
  • What are the various stages in the value chain of the global ginger processing industry?
  • What are the key driving factors and challenges in the global ginger processing industry?
  • What is the structure of the ginger processing industry and who are the key players?
  • What is the degree of competition in the ginger processing industry?
  • What are the profit margins in the ginger processing industry?
  • What are the key requirements for setting up a ginger processing plant?
  • How is ginger processed?
  • What are the various unit operations involved in a ginger processing plant?
  • What is the total size of land required for setting up a ginger processing plant?
  • What are the machinery requirements for setting up a ginger processing plant?
  • What are the raw material requirements for setting up a ginger processing plant?
  • What are the packaging requirements for processed ginger products?
  • What are the transportation requirements for processed ginger products?
  • What are the utility requirements for setting up a ginger processing plant?
  • What are the manpower requirements for setting up a ginger processing plant?
  • What are the infrastructure costs for setting up a ginger processing plant?
  • What are the capital costs for setting up a ginger processing plant?
  • What are the operating costs for setting up a ginger processing plant?
  • What will be the income and expenditures for a ginger processing plant?
  • What is the time required to break-even?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Ginger Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1 Volume Trends
        5.2.2 Value Trends
    5.3    Market Breakup by Region
    5.4    Market Forecast
6   Global Ginger Processing Industry
    6.1    Market Overview
    6.2    Market Performance
        6.2.1 Volume Trends
        6.2.2 Value Trends
    6.3    Market Breakup by Region
    6.4    Market Breakup by Form
    6.5    Market Breakup by End-Use 
    6.6    Market Breakup by Distribution Channel
    6.7    Market Forecast
    6.8    SWOT Analysis
        6.8.1    Overview
        6.8.2    Strengths
        6.8.3    Weaknesses
        6.8.4    Opportunities
        6.8.5    Threats
    6.9    Value Chain Analysis
        6.9.1    Input Suppliers
        6.9.2    Farmers
        6.9.3    Collectors
        6.9.4    Processors
        6.9.5    Distributors
        6.9.6    Exporters
        6.9.7    Retailers
        6.9.8    End-Use
    6.10    Porter’s Five Forces Analysis
        6.10.1    Overview
        6.10.2    Bargaining Power of Buyers
        6.10.3    Bargaining Power of Suppliers
        6.10.4    Degree of Competition
        6.10.5    Threat of New Entrants
        6.10.6    Threat of Substitutes
    6.11    Price Analysis
        6.11.1    Key Price Indicators
        6.11.2    Price Structure
        6.11.3    Margin Analysis
    6.12    Key Success and Risk Factors
7   Performance of Key Regions
    7.1    China
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    India
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Nepal
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Thailand
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Nigeria
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Indonesia
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8   Market Breakup by Form
    8.1    Ginger Powder
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Ginger Oil   
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market by End-Use
    9.1    Food Industry
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Pharmaceutical Industry
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Cosmetic Industry
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others 
        9.4.1 Market Trends
        9.4.2 Market Forecast
10  Market Breakup by Distribution Channel
    10.1    Supermarkets and Hypermarkets
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Convenience Stores
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Specialty Food Stores
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Online
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Others
        10.5.1 Market Trends
        10.5.2 Market Forecast
11  Competitive Landscape
    11.1    Competitive Structure
12   Ginger Processing
    12.1    Product Overview
    12.2    Detailed Process Flow
    12.3    Various Types of Unit Operations Involved
    12.4    Mass Balance and Raw Material Requirements
13  Project Details, Requirements and Costs Involved
    13.1    Land Requirements and Expenditures
    13.2    Construction Requirements and Expenditures
    13.3    Plant Machinery
    13.4    Machinery Pictures
    13.5    Raw Material Requirements and Expenditures
    13.6    Raw Material and Final Product Pictures
    13.7    Packaging Requirements and Expenditures
    13.8    Transportation Requirements and Expenditures
    13.9    Utility Requirements and Expenditures
    13.10   Manpower Requirements and Expenditures
    13.11   Other Capital Investments
14  Loans and Financial Assistance
15  Project Economics

    15.1    Capital Cost of the Project
    15.2    Techno-Economic Parameters
    15.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    15.4    Taxation and Depreciation
    15.5    Income Projections
    15.6    Expenditure Projections
    15.7    Financial Analysis
    15.8    Profit Analysis

List of Figures

Figure 1: Global: Ginger Processing Market: Major Drivers and Challenges
Figure 2: Global: Ginger Market: Sales Volume Trends (in ‘000 Tons), 2011-2018
Figure 3: Global: Ginger Market: Sales Value Trends (in Million US$), 2011-2018
Figure 4: Global: Ginger Market: Production Breakup by Region (in %), 2018
Figure 5: Global: Ginger Market Forecast: Sales Volume Trends (in ‘000 Tons), 2019-2024
Figure 6: Global: Ginger Market Forecast: Sales Value Trends (in Million US$), 2019-2024
Figure 7: Global: Ginger Processing Market: Sales Volume Trends (in ‘000 Tons), 2011-2018
Figure 8: Global: Ginger Processing Market: Sales Value Trends (in Million US$), 2011-2018
Figure 9: Global: Ginger Processing Market: Breakup by Region (in %), 2018
Figure 10: Global: Ginger Processing Market: Breakup by Form (in %), 2018
Figure 11: Global: Ginger Processing Market: Breakup by End Use (in %), 2018
Figure 12: Global: Ginger Processing Market: Breakup by Distribution Channel (in %), 2018
Figure 13: Global: Ginger Processing Market Forecast: Sales Volume Trends (in ‘000 Tons), 2019-2024
Figure 14: Global: Ginger Processing Market Forecast: Sales Value Trends (in Million US$), 2019-2024
Figure 15: Global: Ginger Processing Industry: SWOT Analysis
Figure 16: Global: Ginger Processing Industry: Value Chain Analysis
Figure 17: Global: Ginger Processing Industry: Porter’s Five Forces Analysis
Figure 18: Ginger Processing Market: Price Structure (US$/Ton)
Figure 19: China: Ginger Processing Market: Value Trends (in Million US$), 2011 & 2018
Figure 20: China: Ginger Processing Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 21: India: Ginger Processing Market: Value Trends (in Million US$), 2011 & 2018
Figure 22: India: Ginger Processing Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 23: Nepal: Ginger Processing Market: Value Trends (in Million US$), 2011 & 2018
Figure 24: Nepal: Ginger Processing Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 25: Thailand: Ginger Processing Market: Value Trends (in Million US$), 2011 & 2018
Figure 26: Thailand: Ginger Processing Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 27: Nigeria: Ginger Processing Market: Value Trends (in Million US$), 2011 & 2018
Figure 28 Nigeria: Ginger Processing Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 29: Indonesia: Ginger Processing Market: Value Trends (in Million US$), 2011 & 2018
Figure 30: Indonesia: Ginger Processing Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 31: Others: Ginger Processing Market: Value Trends (in Million US$), 2011 & 2018
Figure 32: Others: Ginger Processing Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 33: Global: Ginger Powder Market: Value Trends (in Million US$), 2011 & 2018
Figure 34: Global: Ginger Powder Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 35: Global: Ginger Oil Market: Value Trends (in Million US$), 2011 & 2018
Figure 36: Global: Ginger Oil Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 37: Global: Ginger Processing Market: Food Industry (in Million US$), 2011 & 2018
Figure 38: Global: Ginger Processing Market Forecast: Food Industry (in Million US$), 2019-2024
Figure 39: Global: Ginger Processing Market: Pharmaceutical Industry (in Million US$), 2011 & 2018
Figure 40: Global: Ginger Processing Market Forecast: Pharmaceutical Industry (in Million US$), 2019-2024
Figure 41: Global: Ginger Processing Market: Cosmetic Industry (in Million US$), 2011 & 2018
Figure 42: Global: Ginger Processing Market Forecast: Cosmetic Industry (in Million US$), 2019-2024
Figure 43: Global: Ginger Processing Market: Other Industries (in Million US$), 2011 & 2018
Figure 44: Global: Ginger Processing Market Forecast: Other Industries (in Million US$), 2019-2024
Figure 45: Global: Ginger Processing Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2011 & 2018
Figure 46: Global: Ginger Processing Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2019-2024
Figure 47: Global: Ginger Processing Market: Sales through Convenience Stores (in Million US$), 2011 & 2018
Figure 48: Global: Ginger Processing Market Forecast: Sales through Convenience Stores (in Million US$), 2019-2024
Figure 49: Global: Ginger Processing Market: Sales through Specialty Food Stores (in Million US$), 2011 & 2018
Figure 50: Global: Ginger Processing Market Forecast: Sales through Specialty Food Stores (in Million US$), 2019-2024
Figure 51: Global: Ginger Processing Market: Online Sales (in Million US$), 2011 & 2018
Figure 52: Global: Ginger Processing Market Forecast: Online Sales (in Million US$), 2019-2024
Figure 53: Global: Ginger Processing Market: Sales through Other Distribution Channels (in Million US$), 2011 & 2018  
Figure 54: Global: Ginger Processing Market Forecast: Sales through Other Distribution Channels (in Million US$), 2019 - 2024 
Figure 55: Ginger Oil and Ginger Powder Manufacturing: Detailed Process Flow
Figure 56: Ginger Processing Plant: Conversion Rate of Feedstocks
Figure 57: Ginger Processing Plant: Breakup of Capital Costs (in %)
Figure 58: Ginger Processing Industry: Profit Margins at Various Level of Supply Chain
Figure 59: Ginger Processing Plant: Manufacturing Cost Breakup (in %)

 

List of Tables

Table 1: Global: Ginger Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Ginger Processing Market: Key Industry Highlights, 2018 and 2024
Table 3: Global: Ginger Processing Market Forecast: Breakup by Region (in Million US$) 2019-2024
Table 4: Global: Ginger Processing Market Forecast: Breakup by Form (in Million US$) 2019-2024
Table 5: Global: Ginger Processing Market Forecast: Breakup by End-Use (in Million US$) 2019-2024
Table 6: Global: Ginger Processing Market Forecast: Breakup by Distribution Channel (in Million US$) 2019-2024
Table 7: Global: Ginger Processing Market: Competitive Structure
Table 8: Global: Ginger Processing : Ginger Oil and Ginger Powder Specifications
Table 9: Ginger Processing Plant: Raw Material Requirements (in Tons/Day) 
Table 10: Ginger Processing Plant: Costs Related to Land and Site Development (in US$)
Table 11: Ginger Processing Plant: Costs Related to Civil Works (in US$)
Table 12: Ginger Processing Plant: Machinery Costs (in US$)
Table 13: Ginger Processing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (US$/Ton)
Table 14: Ginger Processing Plant: Costs Related to Salaries and Wages (in US$)
Table 15: Ginger Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 16: Details of Financial Assistance Offered by Financial Institutions
Table 17: Ginger Processing Plant: Capital Costs (in US$)
Table 18: Ginger Processing Plant: Techno-Economic Parameters
Table 19: Ginger Processing Plant: Income Projections (in US$)
Table 20: Ginger Processing Plant: Expenditure Projections (in US$)
Table 21: Ginger Processing Plant: Taxation (in US$/Year)
Table 22: Ginger Processing Plant: Depreciation (in US$/Year)
Table 23: Ginger Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 24: Ginger Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 25: Ginger Processing Plant: Profitability Analysis (in US$)

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