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The global ginger oil market is expected to grow at a CAGR of 9% in the forecast period of 2024-2032.
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The market growth of ginger oil is being driven by the growing demand for the product owing to its medicinal properties and unique taste. Further, the growing demand for ginger oil due to its colour and pleasant pungent aroma, which enriches the food and beverage, is aiding the market growth.
Region-wise, the product is witnessing a significant demand from the North America and the Asia Pacific regions. This can be attributed to the rising demand for the product for various products like food, cosmetics, and medicines, among other products. The market is further aided by the rising demand for seasoned beverages and juices across the globe, which is compelling the manufacturers to imbibe ginger oil in their products as a natural ingredient.
Ginger oil is derived from ginger root and has a warm, spicy, invigorating, and a pungent smell. It has an array of applications across various sectors like food and beverages, pharmaceuticals, and others.
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On the basis of type, the market is divided into:
Based on processing technology, the industry can be segmented into:
By distribution channel, the industry is segregated into:
On the basis of application, the industry is categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market growth of ginger oil is being aided by the rising demand for the product from the pharmaceutical industry for its medicinal properties. Further, the ginger oil helps relieve aches, muscular pain, and cramps, which is applicable in the drugs for flu, cold, and cough, among others. In addition, the industry is witnessing rising traction due to the increasing demand for ginger oil from the health-conscious consumers, which has been resulting in organic variants of ginger oil in the food and beverage sector. Thereby, enhancing the market growth of ginger oil globally.
The report gives a detailed analysis of the following key players in the global ginger oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Processing Technology |
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| Breakup by Distribution Channel |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 9% between 2024 and 2032.
The major drivers of the market are rising disposable incomes and the growing demand from the pharmaceutical industry.
The key trends guiding the growth of the market include the emergence of health-conscious consumers and increased investments in research and development of the extraction process of ginger oil.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of ginger oil in the market are organic and conventional.
The major processing technologies of ginger oil in the market are steam distillation, cold pressed, carbon dioxide extraction, and solvent extraction, among others.
The significant distribution channels in the market are supermarkets and hypermarkets, convenience stores, specialty stores, and online, among others.
The leading applications in the market are food and beverage, pharmaceuticals, and cosmetics and personal care, among others.
The major players in the global ginger oil market are Mountain Rose Herbs, NOW Health Group, Inc., doTERRA International, LLC, Rocky Mountain Oils, LLC, and The Sydney Essential Oil Co., among others.
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India
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Philippines
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+44-753-713-2163
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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