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on January 9, 2024
The latest report by IMARC Group, titled “India Ginger Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“. offers a comprehensive analysis of the industry, which comprises insights on the India ginger market share. The market size is projected to exhibit a growth rate (CAGR) of 10.8% during 2024-2032.
Ginger is a flowering plant whose rhizome or underground stem is widely used as a spice and traditional medicine. Its aromatic and intense flavor makes it a key ingredient in different cuisines worldwide. Originating in Southeast Asia, ginger has been cultivated for thousands of years and is now grown in many tropical regions. This versatile spice is used in both fresh and dried forms in cooking, beverages, confectioneries, and even pharmaceuticals. In addition to its culinary uses, ginger is recognized for its excellent therapeutic properties, such as aiding digestion, reducing inflammation, and combating nausea. As a result, ginger finds extensive applications across diverse industries, signifying its importance in global trade, including a notable presence in the Indian market.
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India Ginger Market Trends and Drivers:
At present, India stands as one of the largest producers and consumers of ginger globally. The escalating demand for ginger in domestic and international markets due to its multipurpose use in the food, pharmaceutical, and cosmetic sectors represents one of the key factors driving the market growth. Moreover, the rise in health-conscious consumers is leading to higher consumption of ginger as a natural remedy, thus fueling market growth. Besides this, favorable governmental policies, rising investments in agricultural technology, and extensive cultivation practices are other major growth-inducing factors. Furthermore, the advent of organic farming and the emerging trend toward using natural and environmentally sustainable products are supporting market growth. Along with this, various key players are focusing on innovation, product differentiation, and global expansion, capitalizing on the increasing consumer preference for quality and naturally sourced products. This, coupled with the rising ginger applications in traditional Indian medicine or Ayurveda, also underscores its significance in the wellness sector, contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
- Fresh Ginger
- Dried Ginger
- Preserved Ginger
- Ginger Oil
- Others
Application Insights:
- Food Industry
- Pharmaceuticals Industry
- Cosmetics Industry
- Others
Distribution Channel Insights:
- Traditional Retail
- Modern Retail Stores
- Others
Regional Insights:
- South India
- North India
- West and Central India
- East India
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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