According to a new market report published by Lucintel, the future of the ginger extract market looks promising with opportunities in food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. The global ginger extract market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are growing demand for increasing consumption of dietary supplements, and availability of cheap raw source, and increasing consumption of natural products.
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In this market, gingerol, curcumin, and others are the major product types. Lucintel forecasts that curcumin will remain the largest segment over the forecast period because of its powerful anti-inflammatory and anti-oxidant properties.
Within this market, food and beverages, pharmaceuticals and nutraceuticals, personal care, and others are the major applications of ginger extract. Food and beverages will remain the largest segment by application type over the forecast period due to its being widely used as a spice and flavoring agent, and natural preservative.
Asia-Pacific is expected to witness the highest growth over the forecast period due to the increasing demand for natural health-benefiting ingredients in food and beverages in this region.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global ginger extract market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Ginger Extract Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global ginger extract market by product type, application, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food & Beverages
Pharmaceuticals & Nutraceuticals
Personal Care
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
Germany
United Kingdom
France
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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