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Ginger Market Research Report 2021, Size, Share, Price Trends, Forecast and Analysis of Key players 2026

03-04-2021 04:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

ginger price forecast 2021

ginger price forecast 2021

According to the latest report by IMARC Group, the global ginger market grew at a CAGR of around 6% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during the next five years.

Ginger refers to an underground rhizome of a tropical plant belonging to the family of Zingiberaceae. It has a pungent smell and sweet-spicy taste with a firm, striated texture that adds a unique flavor to different dishes. Its oleoresin contains various bioactive components, which offer numerous pharmacological and physiological benefits. Ginger is widely consumed in a fresh form as well as is processed to prepare dried, pickled, preserved oil, and candied ginger products.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/ginger-market/requestsample

The expanding food and beverage (F&B) industry is primarily driving the global market for ginger. It is used as a flavoring agent and condiment in various curries, baked products, confectionaries, etc. Furthermore, owing to its anti-inflammatory properties, ginger is widely utilized to treat pain and swelling associated with osteoarthritis. Moreover, ginger is also adopted as a dietary supplement for reducing vomiting, diarrhea, nausea, and stomachache that may occur due to motion sickness, chemotherapy, pregnancy, menstruation, etc. Additionally, the high prevalence of numerous viral infections is further propelling the demand for ginger-based products in several preventive care procedures. In the coming years, the expanding applications of ginger in various non-food sectors, including cosmetics and personal care, will continue to drive the market growth on a global level.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Ginger Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Archer-Daniel-Midland Company, Buderim Group Limited, Floracopeia Inc., Guangxi Yongjiang Food Industry Co., Ltd., Indian Organic Farmers Producer Company Limited (IOFPCL), Monterey Bay Spice Co., SA Rawther Spices (P) Ltd., Sino-Nature International Co. Ltd., Sun Impex International Foods LLC and The Ginger People Co.

For more information about this report visit: https://www.imarcgroup.com/ginger-market

The report has segmented the market on the basis of Product Type, Application, Distribution Channel and Region.

Market Breakup by Product Type:

Fresh Ginger
Dried Ginger
Preserved Ginger
Ginger Oil
Others

Market Breakup by Application:

Food Industry
Pharmaceuticals Industry
Cosmetics Industry
Others

Market Breakup by Distribution Channel:

Traditional Retail
Modern Retail Stores
Others

Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Browse related reports:

Bottled Water Market: https://www.imarcgroup.com/bottled-water-market

Spices and Seasonings Market: https://www.imarcgroup.com/spices-seasonings-market

Breakfast Food Market: https://www.imarcgroup.com/breakfast-food-market

Oats Market: https://www.imarcgroup.com/oats-processing-plant

Corn Starch Market: https://www.imarcgroup.com/corn-starch-manufacturing-plant

Tomato Ketchup Market: https://www.imarcgroup.com/prefeasibility-report-on-a-tomato-ketchup-manufacturing-plant

Contact US:
IMARC Group
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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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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