Posted on 31 Dec 2018
Global Ginger Market to Reach 3.3 Million Tons by 2024
Ginger represents a popular spice which belongs to the family Zingiberaceae. It originated in South-East Asia and is today used all around the world, particularly in Asian countries. The active constituent of ginger is gingerol, a relative of capsaicin while some of the other ingredients include paradols, shogaol, raw fibre, amino acids, ash, protein, minerals, phytosterols, nicotinic acid and vitamin A.
Although ginger is widely used as a spice and condiment to add flavour to food, its rhizome has also long been used in traditional herbal medicine among many cultures. It helps to combat a number of ailments which include degenerative disorders (rheumatism and arthritis), digestive health (constipation, indigestion and ulcer), cardiovascular disorders (hypertension and atherosclerosis), vomiting, diabetes mellitus and cancer. It also has antimicrobial potential, which help in treating infectious diseases, as well as anti-inflammatory and anti-oxidative properties for controlling the process of aging.
On account of its peppery and sweet flavour with a spicy aroma, the global ginger market has witnessed a healthy growth in recent years. According to a new report by Expert Market Research, the market reached a volume of 2.6 Million Tons in 2018 and is further expected to reach 3.3 Million Tons by 2024. Some of the other factors such as population growth, increasing disposable incomes, rising health consciousness and hectic lifestyles have also contributed to the market growth.
Key findings from the report:
- The processed products of ginger are ginger powder, ginger oil and others which include pickled, preserved, crystallized, candied, etc. Ginger powder represents the popular product followed by ginger oil and others.
- Region-wise, Asia-Pacific dominated the market with the majority of the market share. Some of the other major markets include North America, South America, Europe and Middle East and Africa.
Click here for the summary of report: https://www.expertmarketresearch.com/reports/ginger-market
Expert Market Research has analysed the global ginger market according to processed products, major regions and top players:
Market breakup by Processed Products
- Ginger Powder
- Ginger Oil
- Others
Market breakup by Region
- Asia Pacific
- North America
- South America
- Europe
- Middle East and Africa
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