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Global Ginger Market: By Product Type: Fresh Ginger, Processed Ginger Products; By Processed Products: Ginger Powder, Ginger Oil, Ginger Paste; By Application: Food Industry, Pharmaceutical Industry, Cosmetic Industry; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Ginger Market Outlook
The global ginger market grew at a CAGR of around 4.8% during 2016-2020. The market is currently being driven by population growth, changing demographics, increasing health consciousness and busy lifestyles across the globe.
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This report by Expert Market Research entitled “Global Ginger Market Report and Forecast 2021-2026” provides a comprehensive analysis for anyone who plans to foray into the industry.
Historical market trends for the market have been provided from 2016-2020 and forecasts have been presented till 2026. The value chain analysis of the market has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales, and distribution. Furthermore, the study assesses the industry based on Porter’s five forces model, which evaluates the level of competition in the industry by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the industry has also been provided.
This report provides an exhaustive insight for setting-up and running a ginger processing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
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Ginger: Industry Definition and Segmentation
Ginger is an important commercial crop grown for its aromatic rhizomes and is used both as a spice and a medicine. It is used as a vital ingredient in a wide range of semi-processed products for the food manufacturing sector and processed products for the retail sector.
By product type, the market can be divided into fresh and processed products. On the basis of processed products, the market can be further segmented ginger powder, oil, and paste, among others. It finds wide applications in the following industries:
- Food Industry
- Pharmaceutical Industry
- Cosmetic Industry
- Others
The major regions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
Consumers around the world are becoming increasingly conscious of their health, prefer nutritionally rich food, which further boosts the industry. In food industry, the powdered ginger type is widely used in salad dressing, ketchups and pickles and curry dishes, among other things, as a condiment or flavouring agent. In addition, its powder is considered an excellent carminative ingredient which reduces intestinal gas. They are also used to treat a variety of skin disorders in ayurvedic medicines. Regular intake also decreases the risk of diabetes, obesity, heart disease as well as increases energy consumption, helps in losing weight and improves safe teething. Ginger powder is also used in soaps and personal care products to provide fragrance.
Key Industry Players in the Global Ginger Market
The report analyses the following key players in the global ginger market, looking into their capacity, competitive landscape, and latest developments like mergers and acquisitions, expansions of capacity, and plant turnarounds:
- Organic Mountain Flavor Pvt. Ltd.
- Capital Foods Ltd.
- Buderim Group Limited
- The Ginger People
- Canadian Ginger Company
- SA Rawther Spices Pvt Ltd
- AKO GmbH
- Others
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
6 Global Ginger Market Overview
6.1 Figure: Global Ginger Market Historical Market (2016-2020) & Forecast (2021-2026)
6.2 Chart: Global Ginger Consumption Breakup by Product Type
6.2.1 Fresh Ginger
6.2.2 Processed Ginger Products
6.3 Figure: Global Ginger Consumption Breakup by Product Type: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Fresh Ginger
6.3.2 Processed Ginger Products
6.4 Chart: Global Ginger Market Breakup by Processed Products
6.4.1 Ginger Powder
6.4.2 Ginger Oil
6.4.3 Ginger Paste
6.4.4 Others
6.5 Figure: Global Ginger Market Breakup by Processed Products: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Ginger Powder
6.5.2 Ginger Oil
6.5.3 Ginger Paste
6.5.4 Others
6.6 Chart: Global Ginger Market Breakup by Application
6.6.1 Food Industry
6.6.2 Pharmaceutical Industry
6.6.3 Cosmetic Industry
6.6.4 Others
6.7 Figure: Global Ginger Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 Food Industry
6.7.2 Pharmaceutical Industry
6.7.3 Cosmetic Industry
6.7.4 Others
6.8 Figure: Global Ginger Processing Market Breakup by Region
6.8.1 North America
6.8.1.1 United States of America
6.8.1.2 Canada
6.8.2 Europe
6.8.2.1 Germany
6.8.2.2 United Kingdom
6.8.2.3 France
6.8.2.4 Italy
6.8.2.5 Others
6.8.3 Asia Pacific
6.8.3.1 China
6.8.3.2 Japan
6.8.3.3 India
6.8.3.4 ASEAN
6.8.3.5 Others
6.8.4 Latin America
6.8.4.1 Brazil
6.8.4.2 Argentina
6.8.4.3 Mexico
6.8.4.4 Others
6.8.5 Middle East & Africa
6.8.5.1 Saudi Arabia
6.8.5.2 United Arab Emirates
6.8.5.3 Nigeria
6.8.5.4 South Africa
6.8.5.5 Others
6.9 Figure: Global Ginger Processing Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.9.1 North America
6.9.1.1 United States of America
6.9.1.2 Canada
6.9.2 Europe
6.9.2.1 Germany
6.9.2.2 United Kingdom
6.9.2.3 France
6.9.2.4 Italy
6.9.2.5 Others
6.9.3 Asia Pacific
6.9.3.1 China
6.9.3.2 Japan
6.9.3.3 India
6.9.3.4 ASEAN
6.9.3.5 Others
6.9.4 Latin America
6.9.4.1 Brazil
6.9.4.2 Argentina
6.9.4.3 Mexico
6.9.4.4 Others
6.9.5 Middle East & Africa
6.9.5.1 Saudi Arabia
6.9.5.2 United Arab Emirates
6.9.5.3 Nigeria
6.9.5.4 South Africa
6.9.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Global Trade Data (HS Code: 091010) Analysis
9.1 Major Exporting Countries: by Value & Volume
9.2 Major Importing Countries: by Value & Volume
10 Regional Ginger Processing Price Analysis
10.1 North America Ginger Historical Price trends (2016-2020) & Forecast (2021-2026)
10.2 Europe Ginger Historical Price Trends (2016-2020) & Forecast (2021-2026)
10.3 Asia Pacific Ginger Historical Price Trends (2016-2020) & Forecast (2021-2026)
10.4 Latin America Ginger Historical Price Trends (2016-2020) & Forecast (2021-2026)
10.5 Middle East & Africa Ginger Historical Price Trends (2016-2020) & Forecast (2021-2026)
11 Competitive Landscape & Supplier Analysis
11.1 Organic Mountain Flavor Pvt. Ltd.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.2 Capital Foods Ltd.
11.2.1 Company Overview
11.2.2 Financial Analysis
11.3 Buderim Group Limited
11.3.1 Company Overview
11.3.2 Financial Analysis
11.4 The Ginger People
11.4.1 Company Overview
11.4.2 Financial Analysis
11.5 Canadian Ginger Company
11.5.1 Company Overview
11.5.2 Financial Analysis
11.6 SA Rawther Spices Pvt Ltd
11.6.1 Company Overview
11.6.2 Financial Analysis
11.7 AKO GmbH
11.7.1 Company Overview
11.7.2 Financial Analysis
11.8 Others
12 Industry Events and Developments
Additional Customisations Available
13 Cost Analysis
13.1 Land, Location and Site Development
13.2 Construction
13.3 Plant Machinery
13.4 Cost of Raw Material
13.5 Packaging
13.6 Transportation
13.7 Utilities
13.8 Manpower
13.9 Other Capital Investment
14 Value Chain Analysis
Key Questions Answered in the Report
The global ginger market grew at a CAGR of 4.8% between 2016 and 2020.
The major drivers of the industry include rising disposable incomes, growing personal care and food industry, and the rising health consciousness among consumers.
The rising use of the product in ayurvedic medicines could acts as a key industry trend.
The Asia Pacific is the leading region for the product. North America, Europe, Latin America, and the Middle East and Africa are the other major regions in the market.
The product type can be divided into fresh and processed products.
Food industry accounts for the largest consumption of the product and is expected to witness rapid growth in the forecast period.
The major players in the market are Organic Mountain Flavor Pvt. Ltd., Capital Foods Ltd., Buderim Group Limited, The Ginger People, Canadian Ginger Company, SA Rawther Spices Pvt Ltd, and AKO GmbH, among others.
Analyst Review
The global ginger market attained grew at a CAGR of about 4.8% in the historical period of 2021-2026, driven by the rising demand among consumers. The market is further projected to be driven by the rising health awareness among consumers in the forecast period of 2021 and 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. On the basis of processed products, the market can be divided into ginger powder, oil, and paste, among others. Based on the applications, the market is divided into food industry, pharmaceutical industry, and cosmetic industry, among others. The major regions for the product are North America, Europe, the Asia Pacific, Latin America, and Middle East and Africa, with the Asia Pacific leading the market. The key players in the market include Organic Mountain Flavor Pvt. Ltd., Capital Foods Ltd., Buderim Group Limited, The Ginger People, Canadian Ginger Company, SA Rawther Spices Pvt Ltd, and AKO GmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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