Maximize Market Research's latest report, " Global Ginger Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Ginger Market was valued at US$ 3.9 Bn in 2019 and is expected to reach US$ 6.1 Bn by 2027, at a CAGR of 5.75% during a forecast period.
Global Ginger Market Overview
Ginger market growth is boosting because of the increasing demand for ginger from the food & beverages industry. Growing usage of ginger in various food products like alcoholic & non-alcoholic beverages and soups & sauces is expected to boom the global ginger market growth during the forecast period. The rise in awareness regarding the health benefits of ginger among consumers globally is driving the ginger market growth in a positive way. The increasing popularity of bakery and convenience food products among consumers across the globe is also expected to fuel the global ginger market across the globe positively. However, mouth irritation & heartburn caused by a huge dose of ginger is estimated to hamper the global ginger market growth in the forecast period.
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Global Ginger Market Major Market Players
• Monterey Bay Spice Co. Inc.
• Buderim Group Ltd.
• SA Rawther Spices Pvt. Ltd
• Yummy Food Industrial Group
• Sun Impex International Foods L.L.C.
• Archer-Daniels-Midland Co.
• Indian Organic Farmers Producer Co. Ltd.
• Atmiya International
• Food Market Management Inc.
• Sino-Nature International Co. Ltd.
• AKO GmbH
• Organic Mountain Flavor Pvt. Ltd.
• Capital Foods Ltd.
• The Ginger People
• Canadian Ginger Company
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Ginger Market by Types and Applications:
Global Ginger Market, by Form
• Fresh
• Dried
• Pickled
• Preserved
• Crystallized
• Powered
Global Ginger Market, by Application
• Culinary
• Soup and Sauces
• Snacks and Convenience Food
• Bakery Products
• Alcoholic Beverages
• Non-Alcoholic Beverages
• Chocolate and Confectionery
• Others
Global Ginger Market, by Distribution Channel
• Modern Grocery Retail
• Traditional Grocery Retail
• Non-Grocery Retail
The report has covered the market size by country (regions) for the global Ginger market. Segment by Application. The Ginger Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Ginger Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Ginger Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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