Future Market Insights
Ginger oil is one of the most trending home-made remedies for inflammation. The recent internet searches for various ginger oil products have grown by 659% in recent years. Owing to these anti-inflammatory properties, the global ginger oil market is experiencing a tremendous growth in coming years. A brief introduction to ginger oil and ginger oil market is mentioned below.
History of Ginger Oil
The oil extracted from the plant known as Zingiber officinale or commonly known as ginger plant. It is produced from a process known as stem distillation. In this process, stem is passed through raw plant material making all aromatic compounds to vaporize and finally oil soluble compounds are extracted from water-soluble compounds providing essential ginger oil. This ease of manufacturing the oil is one of the reasons that is promoting the growth of global ginger oil market in recent times.
Benefits of Ginger Oil
Ginger oil has exceptional medical benefits and is considered as one of the best anti-inflammatory product available in the market. It is because of these reasons, many pharmaceutical organization are including ginger oil as one of the key ingredient in their anti-inflammatory products. Moreover, the oil is also helpful in many dental issues. It works best for toothaches when combined with clove oil. These medical benefits are some of the factors that are influencing the growth of global ginger oil market.
According to various studies, the global ginger oil market is expected to witness robust growth in coming years and is expected to generate a major profit quotient for the players.
Ginger is the underground stem or rhizome of a perennial herb, which is used as a spice, preservative, and as a medicine. Ginger oil is spicy, warm, and energizing oil, extracted from a pungent ginger root. It is used to treat upset stomach, nausea, respiratory conditions menstrual disorders, and inflammation. It is also used as aromatherapy, to bring on feelings of self-assurance and courageousness which is why it’s known as “the oil of empowerment.”Ginger oil works as laxative, an antiseptic, tonic and stimulant and hence used in various pharmaceutical products.It has been used as a medicine since ancient times.
Ginger oil market is segmented on the basis of its applications in different industries as food and beverage industry, pharmaceutical, personal care industry and other applications. In food and beverage industry ginger oil is used for flavor and seasoning purpose, in confectionery beverages and bakery products .it is widely used as flavor for cake, cookies and biscuits, ginger snaps etc. In non-alcoholic beverages ginger oil market demand is high. Due to its medicinal properties ginger oil is being used in treatment of several disease conditions since long time. Looking at several applications of ginger oil in treatment of stomach problem such as nausea and vomiting, diarrhea, food poisoning, gastric ulcer, headache, asthma, migraine, inflammation and many more conditions, ginger oil is used in various pharmaceutical products. Ginger oil is essential in hair care for curing dandruff and used in personal care products.As ginger oil is stimulating and therefore relieves depression, mental stress, dizziness, exhaustion, restlessness and anxiety, thus used in aromatherapy and Ayurveda.
Ginger oil market is further segmented on basis of extraction methods such as steam distillation and solvent extraction. Solvent extraction is used for the extraction of ginger oleoresin, and steam distillation is used to get ginger essential oil.
Ginger oil market is further segmented on the basis of regions as North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan, and Middle East and Africa.
Market Regional Outlook:
In regional markets Asia Pacific is the largest producer of the ginger and hence possess high production shares ginger oil market. India is the leading producer of ginger oil and dominates the ginger oil market with almost half shares out of total market. China is also known for ginger production and trade of ginger oil. Asia Pacific mainly exports ginger oil to North America and European markets.
Market Drivers and Trends:
Increasing number of health conscious consumers, and their demands for natural oils and extracts based products is the major factor driving growth for essential oils and in turn ginger oil market. Ginger is majorly used in spices and thus ginger oils and oleoresins are preferred to prepared dried spices as flavoring in food industry, because they are more stable, contamination free , cleaner, , and can be easily standardized by blending. Thus the growth of food industry and spices demand are another factors driving growth of ginger oil market. The growth of natural personal care products industry is another growth driver for ginger oil market.
Ayurveda treatments and aromatherapy are new trends in the market. Changed and hectic life style is causing mental stress, anxiety and other health issues, where aromatherapy and Ayurveda are preferred solutions my consumers. Ginger oil is used in natural medicines as well as in aromatherapy with other essential oils, this is another factor driving market growth of ginger oil.
Ginger oil Market Key Players:
The ginger oil market is mainly driven by major plyers in essential oils. Key players in ginger oil market includes AOS Products Private Limited, Manohar Botanical extracts PVT.LTD, The Lebermuth Company, Synthite, suppliers includes Mother Herbs Pvt.Ltd, Kama Ayurveda, S.N.N Natural Products, Herbal Bio solutions, GR herbals, Aravali Essential Oils and Fragrances etc.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
The main aim of the report is to:
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.