About Ginger Extract
Ginger extract is a concentrated form of the active compounds found in ginger, a flowering plant renowned for its use as a spice and medicinal properties. The key bioactive components in ginger, namely gingerol, shogaol, and zingerone, contribute to both its distinctive flavor and potential health benefits.Various methods, such as steam distillation, solvent extraction, or cold pressing, are employed to obtain ginger extract. This concentrated form facilitates its incorporation into a variety of products, including supplements, teas, and culinary items.Ginger is recognized for its potential health advantages, encompassing anti-inflammatory and antioxidant properties. It has a historical use in alleviating nausea, aiding digestion, and mitigating symptoms associated with conditions like arthritis. Furthermore, ginger extract is utilized in the food and beverage industry to enhance the flavor and complexity of a broad array of dishes and drinks.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 21.7% |
The Ginger Extract Market are Arjuna Natural FLAVEX Naturextrakte GmbH Ginger Dragon These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base across the globe. Analyst at AMA Research estimates that china Vendors will contribute the maximum growth to Global Ginger Extract market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Natural ex (Spain), Xian East (China), World way (United States), Lincao (Canda), Kangdao (China), Pure Source (United States), Yongyuan (China), Lvli (France), Yuanhang (China), CNK (India), Layn (United States ), Xian Orient (China), Kangcare (China) and Lyle (London) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pioneer herb (China), Honsea (Japan), Greenutra (India), Inner natural (Nertherland), Xian Rongsheng (China), Refine (India) and Indena (India).
Segmentation Overview
AMA Research has segmented the market of Global Ginger Extract market by Type (Gingerol, Curcumin and Others), Application (Medical Use, Food Additives, Behave rages, Cosmetics, Animal Feed and Others) and Region.
On the basis of geography, the market of Ginger Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Ginger Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of innovative ginger-based food and beverage formulations and Rise in online sales and e-commerce platforms for ginger extract products
Market Growth Drivers:
Increasing demand for natural and organic ingredients in the food and beverage industry and Rising popularity of ginger-based products in the pharmaceutical and nutraceutical sectors
Challenges:
Managing and mitigating environmental and social impacts of ginger cultivation and Addressing taste variations in different ginger varieties
Restraints:
Fluctuations in raw material prices can impact the cost of ginger extract production and Limited availability of high-quality ginger due to weather conditions and geographic constraints
Opportunities:
Potential for ginger extract in the pet food industry and Research and development opportunities for novel applications of ginger extract
Market Leaders and their expansionary development strategies
In December 2020, DolCas Biotech, Ltd. included in its daunting portfolio of better-for-you botanicals a novel, greatly concentrated all-natural ginger root extract branded as Ginfort. The patented bioactive, formulated by Olene Life Sciences, Pvt. Ltd. in India, bears a certified digestive support claim and rounds out Dolcas’ coffer of structural, functional health constituents.
In June 2022, Specnova has launched cutting-edge, high-potency ginger extract developed for joint support, mobility and healthy inflammatory response. This new product has been patented as GingerT3.
Key Target Audience
Manufacturing, Suppliers, Providers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.