Europe Ginger Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Europe ginger market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the Europe ginger market report, size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The Europe ginger market is projected to exhibit a growth rate (CAGR) of 4.10% during 2023-2028. The extensive product application in the food and beverage industry, the increasing awareness of the health benefits associated with ginger consumption, and ongoing research, and scientific studies on its medicinal properties represent some of the key factors driving the market
Ginger, a subterranean flowering plant that falls under the Zingiberaceae family, is widely employed both as a spice and in traditional medicine. With a warm, subtly sweet, and spicy flavor accompanied by a distinctive aroma, ginger contains vital oils and compounds like gingerol. This gingerol is responsible for the spice’s zesty taste and its potential in delivering therapeutic benefits. Among its advantages are aiding digestion, mitigating feelings of nausea and vomiting, sustaining healthy cholesterol levels, and fostering cardiovascular well-being. Ginger manifests in various forms, including fresh, dried, powdered, oil, and juice, and finds application in addressing various health concerns such as colds, digestive disorders, and discomfort. Moreover, owing to its antioxidant properties and toning effects, the European cosmetics industry is witnessing an upsurge in demand for ginger.
Europe Ginger Market Trends and Drivers:
The market is being significantly impacted by the growing incorporation of ginger in pharmaceuticals and cosmetics due to its anti-inflammatory and antioxidant attributes. Another contributing factor to the market’s positive trajectory is the rising popularity of ginger-infused beverages like teas and artisanal sodas among European consumers. Additionally, enhancements in supply chain logistics and distribution networks are enhancing the accessibility of ginger in its various forms throughout Europe, thereby fostering market expansion. Furthermore, the increasing embrace of veganism is further propelling the desire for plant-derived items such as ginger-based products.
The report segmented the market on the basis of region, product type, application, and distribution channel.
Product Type Insights:
- Fresh Ginger
- Dried Ginger
- Preserved Ginger
- Ginger Oil
- Food Industry
- Pharmaceuticals Industry
- Cosmetics Industry
Distribution Channel Insights:
- Traditional Retail
- Modern Retail Stores
- United Kingdom
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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