Ginger oil market to expand at CAGR of 9.1% during forecast period

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Ginger Oil Market: Introduction

A recent study published by Transparency Market Research on the ginger oil market includes global market analysis and opportunities for 2020-2030. The ginger oil market is projected to rise at a CAGR of 9.1% from 2020 to 2030.

The number of COVID-19 patients is rising rapidly across the globe. The consumption of animal-based products is decreasing, as the number of diseases caused by animals is increasing. Consumers prefer plant-based products to animal-based products, which is beneficial for the ginger oil market. Due to COVID-19, a large number of countries were in lockdown for the past two to three months and the world is facing economic issues. There is disturbance in supply chain due to lockdowns following which ginger oil market is expected to grow at moderate rate over the next two years. 

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Demand for Ginger Oil to Create Lucrative Opportunities for Market Players

Key factors influencing the global ginger oil market includes increasing demand in the food & beverages industry. Food and beverage manufacturers are using ginger oil to add unique taste, flavor, and aroma in their products. The increasing demand for flavored beverages and juices in the global market is also one of the factors influencing the demand from manufacturers to add ginger oil in their products as a natural ingredient or flavor. On the other side, the demand for ginger oil is also gaining traction from the pharmaceutical industry due to its medicinal properties. Ginger oil helps to relieve muscular pain, aches, cramps, and used in medicines for cold, flu, cough, etc.

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Global Ginger Oil Market: Segmentation

Ginger Oil Market by Nature

• Organic
• Conventional

Ginger Oil Market by End Use Application

• Food & Beverages
  • Bakery & Confectionary
  • Beverages
  • Dressings & Condiments
  • Sauces, Spreads & Soups
  • Others
• Cosmetics and Personal Care
  • Aromatherapy
  • Fragrance
  • Hair Care
  • Skin Care
  • Others (Nail Care, Toiletries, etc.)

• Pharmaceuticals
• Household (Retail)

Ginger Oil Market by Sales Channel

• Direct Sales/B2B
• Indirect Sales/B2C
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Mass Grocery Stores
  • Online Retail

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Ginger Oil Market by Processing Technology

• Cold Pressed
• Carbon Dioxide Extraction
• Solvent Extraction
• Steam Distillation

Ginger Oil Market by Region

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Chile
  • Peru
  • Argentina
  • Rest of Latin America
• Europe
  • Germany
  • Italy
  • BENELUX
  • Nordic
  • Russia
  • Poland
  • Rest of Europe
  • France
  • U.K.
  • Spain
• East Asia
  • China
  • Japan
  •  South Korea
• South Asia
  • India
  •  Thailand
  •  Indonesia
  •  Malaysia
  •  Singapore
  •  Rest of South Asia
• Oceania
  • Australia
  • New Zealand
• Middle East & Africa
  • GCC Countries
  • Northern Africa
  • South Africa
  • Rest of MEA

The world has undergone a major shift in the way of living since the COVID-19 pandemic struck. A notable change in the functioning of various businesses and sectors has influenced their working mechanisms extensively. The food and beverage sector is no stranger to this change. Transparency Market Research (TMR) has studied many aspects concerning the difference between the trends in the pre-pandemic and post-pandemic world across the food and beverage industry.

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