Ginger
Extract Market: Introduction:
Ginger
is an edible medicinal root and is used as nutraceutical and spice.
Ginger has been typically used as an ingredient in candies, dried
form, paste, and others. It has been using to cure mild digestion
problems and nausea. The phenols present in the ginger extract are an
excellent natural source of preservatives. The ginger extract has
shown therapeutic effects against inflammation. New studies have open
up opportunities to increase the use of the ginger extract for the
treatment of the side effects caused by chemotherapy. It has shown an
increase in immunity against gastric ulcer and hepatoprotection.
Studies have also shown there are possibilities to cure cardiac
problems by ginger extract oil. This creates a huge opportunity for
the ginger
extract market
because of its multi-usability. The largest exporters of the ginger
extract are China followed by India in the Asia Pacific region.
Ginger
Extract Market Segments:
The
ginger extract market can be segmented into its types, applications,
and distribution channel. Under the type of products, the ginger
extract market is divided into organic, natural and others. The
organic ginger extracts are produced under strict conditions both
pre-harvest and post-harvest. The natural ginger harvest extract is
produced by conserving the natural flavor and aroma of the extract in
post–harvest stage. The other segment includes the ginger extracts
which is mixed with different enhancing and preserving agents.
Based
on the application of the ginger extract market can be segmented as
food and beverage, pharmaceuticals, cosmetics. Ginger extract is
widely used as spice and flavoring agent in food and beverage market.
Also ginger extract is also used as natural preservatives in the food
industry. Ginger extracts can be used as a therapeutic ointment or as
the drug in the pharmaceutical market. Ginger extract can be added to
the cosmetic for improvement of skin condition and hence has a
significant role in cosmetics market.
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The
ginger extract market distribution channel can be of two types. The
extracts produce by the manufacturer is directly sold to another
manufacturer who can use it as an additive or preservative in the
first case of ginger extract market. And in the other case of the
distribution channel, the manufacturer produces packed ginger
extract, which gets consumed by the customers as a spice or flavoring
agent.
Ginger
Extract Market: Region-wise Outlook:
On
basis of regions, ginger extract market is segmented by North
America, Eastern Europe, Latin America, Asia-Pacific and Western
Europe, excluding Japan, Japan & Middle East & Africa. Asia
pacific stands as the major producers of the ginger extract. In
Asia-pacific China, India, Vietnam, Myanmar and Indonesia holds the
top list. In the Middle East and Africa, Nigeria is the largest
exporter of ginger extract. In Western Europe countries such as U.K,
Netherland, France and Spain are leading exporters of ginger extract.
Ginger
Extract Market Drivers and Restrains:
Due
to change in the market trend, people are more focused on natural
products which will play an important role in the present ginger
extract market as it can suffice the need. The need of fast mode of
cooking has also created a market for the ready to use ginger paste.
The segment is new in a lot of the countries and has a potential
market to grow. Improved farming techniques in the producing regions
have created a good surplus yield and hence there is an availability
of cheap raw source for the ginger extract market.
The
low shelf life of the products containing ginger extract can be a
restrain for the producers for the market. Also, the quality of the
final product is determined by pre-harvest and post-harvest factors
like harvest time of the rhizomes or the moisture content of the
extract.
Ginger
Extract Market: Key Players
The
local manufacturer can be a key player in the upcoming ginger extract
market. Some of the prominent manufacturers of the ginger extract are
Nutragreen limited, Arjuna natural extract LTD., Apex biotech
limited, Ginger Dragon Ltd and others. The key players can increase
their distribution by producing a better portfolio of the product.
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