According to the IMARC Group, the global ginger processing market grew at a CAGR of 13.40% during 2021-2026. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group.
Ginger represents one of the most widely utilized spices and belongs to the plant family of Zingiberaceae. It contains gingerol that has a spicy aroma and several medicinal properties. Besides this, it is aromatic and pungent and adds a unique flavor to food items, owing to which it is used in different cuisines. Ginger is processed in several forms, such as oil, powder, candy, pulp, bread, sticks and syrup, that finds applications in the pharmaceuticals, confectionery and food and beverage (F&B) industries across the globe.
Base Year: 2020
Forecast Year: 2021-2026
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Ginger powder is an excellent carminative ingredient that aids in reducing intestinal gas and the risk of diabetes, obesity and heart diseases. Consequently, it is employed in the healthcare sector in over-the-counter (OTC) medicines for stomach aches, colds, nausea, diarrhea, arthritis and respiratory disorders. Moreover, the growing awareness about the health benefits of ginger is escalating its demand in the food and beverage (F&B) industry. Ginger is consumed as a condiment and flavoring agent in salad dressings, tomato ketchup and sauce, pickles, gravies, meat sausages and preparation of several dishes. Other than this, owing to its antioxidant properties, ginger extracts are also employed in the personal care industry.
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The report has segmented on the basis of key region, form, end-use and distribution channel.
Performance of Key Regions
Market Breakup by Form
- Ginger Powder
- Ginger Oil
Market by End-Use
- Food Industry
- Pharmaceutical Industry
- Cosmetic Industry
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Food Stores
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