Ginger Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Ginger Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global ginger processing market size reached US$ 424.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 803.6 Million by 2028, exhibiting a growth rate (CAGR) of 10.1% during 2023-2028.
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.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ginger processing market report, along with forecasts at the global and country level from 2023-2028. Our report has categorized the market based on form, end-use and distribution channel.
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.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report
1. What was the size of the global ginger processing market in 2022?
2. What is the expected growth rate of the global ginger processing market during 2023-2028?
3. What are the key factors driving the global ginger processing market?
4. What has been the impact of COVID-19 on the global ginger processing market?
5. What is the breakup of the global ginger processing market based on the form?
6. What is the breakup of the global ginger processing market based on the end-use?
7. What are the key regions in the global ginger processing market?
Market Overview:
The global ginger processing market size reached US$ 424.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 803.6 Million by 2028, exhibiting a growth rate (CAGR) of 10.1% during 2023-2028.
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.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ginger processing market report, along with forecasts at the global and country level from 2023-2028. Our report has categorized the market based on form, end-use and distribution channel.
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.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report
1. What was the size of the global ginger processing market in 2022?
2. What is the expected growth rate of the global ginger processing market during 2023-2028?
3. What are the key factors driving the global ginger processing market?
4. What has been the impact of COVID-19 on the global ginger processing market?
5. What is the breakup of the global ginger processing market based on the form?
6. What is the breakup of the global ginger processing market based on the end-use?
7. What are the key regions in the global ginger processing market?
Table of Contents
131 Pages
- 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 Impact of COVID-19
- 6.4 Market Breakup by Region
- 6.5 Market Breakup by Form
- 6.6 Market Breakup by End-Use
- 6.7 Market Breakup by Distribution Channel
- 6.8 Market Forecast
- 6.9 SWOT Analysis
- 6.9.1 Overview
- 6.9.2 Strengths
- 6.9.3 Weaknesses
- 6.9.4 Opportunities
- 6.9.5 Threats
- 6.10 Value Chain Analysis
- 6.10.1 Input Suppliers
- 6.10.2 Farmers
- 6.10.3 Collectors
- 6.10.4 Processors
- 6.10.5 Distributors
- 6.10.6 Exporters
- 6.10.7 Retailers
- 6.10.8 End-Users
- 6.11 Porter's Five Forces Analysis
- 6.11.1 Overview
- 6.11.2 Bargaining Power of Buyers
- 6.11.3 Bargaining Power of Suppliers
- 6.11.4 Degree of Competition
- 6.11.5 Threat of New Entrants
- 6.11.6 Threat of Substitutes
- 6.12 Price Analysis
- 6.12.1 Key Price Indicators
- 6.12.2 Price Structure
- 6.12.3 Margin Analysis
- 6.13 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 Breakup 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 Market 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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
