Global Ginger Market by form (Fresh, Dried, Pickled, Preserved, Crystallized, and Powered), by application (Culinary, Soup and Sauces, Snacks and Convenience Food, Bakery Products, Alcoholic Beverages, Non Alcoholic Beverages, Chocolate and Confectionery, and Others), by distribution Channel (Modern Grocery Retail, Traditional Grocery Retail, and Non-Grocery Retail), and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)” Global Ginger Market was valued at US$ 3.9 Bn in 2017 and is expected to reach US$ 6.1 Bn by 2026, at a CAGR of 5.75% during a forecast period.

The growth in awareness regarding the health benefits of ginger among consumers globally, which is driving the global ginger market growth in a positive way. Global ginger market growth is boosting as increasing demand for the ginger from the food & beverages industry. Increasing experimentation in food & beverages industry is expected to propel the global ginger market growth during the forecast period.

Growing usage of ginger in various food products like alcoholic & non-alcoholic beverages and soups & sauces, which is expected to boom the global ginger market growth during the forecast period. However, mouth irritation & heartburn cause of a huge dose of ginger is estimated to hamper the global ginger market growth in the forecast period.

The fresh ginger segment is leading the Ginger Market.

The fresh ginger segment is expected to hold the largest share in the global ginger market growth during the forecast period owing to increased usage of ginger as herbal medicine among consumers across the globe. The powdered segment is also expected to generate the highest CAGR in the global ginger market in the forecast period as the growing expansion of the food and beverages industry across the globe.

The Asia Pacific is the leading regional market for Ginger Market.

The Asia Pacific is expected to hold the largest share in the global ginger market during the forecast period. Growing popularity of ginger as an herbal medicine among consumers, which is expected boost the ginger market growth in this region. India and China are estimated to drive the global ginger market during the forecast period owing to rising consumption of alcoholic and non-alcoholic food & beverages. In addition, growing living standards coupled with increasing disposable income of consumers is another driving factor of the global ginger market growth. North America is also expected to generate the highest CAGR in the global ginger market during the forecast period as growing awareness regarding benefits of ginger among consumers in this region.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are 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., and Sino-Nature International Co. Ltd.

Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Ginger Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Ginger Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Ginger Market positioning of competitors.

Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on” Global Ginger Market”.

https://www.maximizemarketresearch.com/market-report/global-ginger-market/27788/

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