Global Ginger Oil Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Ginger Oil Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global ginger oil market report has been segmented on the basis of type, application, distribution channel, and region.

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Global Ginger Oil Market: Overview

Ginger oil is light yellow in color with pungent aroma and has thin consistency. The oil is extracted from ginger root (Zingiber officinale) which is a source for supplements and tinctures. This energizing oil has wide application in food, medicine, and other purposes. In addition, it works as an antiseptic, laxative, stimulant, and tonic therefore used to treat nausea, upset stomach, respiratory conditions, menstrual disorders, and inflammation. The quality and scent of ginger oil depends upon the extraction and quality of ginger used.

Global Ginger Oil Market: Dynamics

Increasing demand for ginger oil in the food and beverage industry, coupled with rising awareness regarding health benefits of ginger oil are major factors expected to drive the growth of the global market. The manufacturers of food and beverage industry are using ginger oil in their product to add unique flavor, taste, and aroma. Rising demand for flavored juices and beverages adding ginger oil in their products is another factor expected to propel growth of the global ginger oil market. Increasing demand for ginger oil in pharmaceutical industry due to its medicinal properties which helps to relieve muscular pain, cramps, aches, medicines of cough, cold, and flu, is one of the factors expected to augment growth of the target market. Increasing adoption of ginger oil for aromatherapy due to growing preference for natural based and herbal product is among the other factors expected to drive growth of the global market.

Global Ginger Oil Market: Segment Analysis

Among the type segments, the organic segment is expected to register highest growth over the forecast years, owing to increasing demand for health-conscious consumers.

Among the application segments, the food & beverages segment is expected to account for major revenue share contribution in the global market. The pharmaceutical industry segment is expected to account for second-highest share in terms of revenue contribution, owing to its therapeutic properties such as food digestion, heals infections, alleviates muscle pain, and many other health related concerns.

Among the distribution channel segments, the retail stores segment is anticipated to register significant growth in the next coming years.

Global Ginger Oil Market: Region Analysis

The Asia Pacific ginger oil market is expected to account for highest revenue share and projected to dominate the global market during the forecast period. This is due to high production of ginger oil in countries such as India and China in the Asia Pacific region. In addition, rising popularity of aromatherapy among individuals is another factor expected to boost growth of the global market in Asia Pacific region. The North America market is expected to account for significant growth rate in terms of revenue in the global market. Growing consumer preference for natural oil and increasing usage of ginger oil in pharmaceutical and cosmetic industries are factors expected to drive growth of the global market in this region.

Global Ginger Oil Market Segmentation:

Segmentation by Type:

Organic
Conventional

Segmentation by Application:

Food & Beverages
Pharmaceutical
Cosmetic

Segmentation by Distribution Channel:

Wholesaler/Distributor
Retail Stores
Pharmacy Stores
Online Retail