Ginger Oil Market Continues to Grow at a CAGR of 9.1% During the Forecast Period of 2020 to 2030

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Ginger Oil Market Continues to Grow at a CAGR of 9.1% During the Forecast Period of 2020 to 2030
Ginger Oil Market (Nature: Organic and Conventional; Sales Channel: Direct Sales/B2B and Indirect Sales/B2C [Hypermarkets/Supermarkets, Specialty Stores, Mass Grocery Stores, and Online Retail]; End Use Application: Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals, and Household [Retail]; and Processing Technology: Steam Distillation, Solvent Extraction, Cold Pressed, and Carbon Dioxide Extraction) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030

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.

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

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

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights to thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

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