Ginger Essential Oil Extract Market Scope & Target
Ginger oil is extracted from the ginger root, scientifically known as Zingiber Officinale Roscoe. It is a warm, flavorful, energizing, and hot oil that is widely used in food, medicine, and many other areas. The scent and quality of ginger oil depend on the distillation and quality of the ginger used. The ginger root is also one of the sources of tincture and nutritional supplements. Currently, the demand for ginger oil in the world market is increasing due to its medicinal properties and unique taste. It has a light color and a pleasantly pungent aroma when added to food and drink. The ongoing COVID-19 pandemic has caused great panic among individuals. People resort to Ayurveda to help maintain optimal levels of immunity. Natural ginger in its original form and as an essential oil is a popular immunity booster due to its high antioxidant content. On the flip side, companies in the ginger oil market are increasing their manufacturing capabilities to create nutritional supplements that help clear the airways of patients with bronchitis and other respiratory diseases. Such supplements are in great demand as coronavirus pathogens are found to worsen the respiratory functions of individuals. The COVID-19 supplement list also includes herbal teas that are induced with ginger oil and help boost immunity. Likewise, ginger, lemon, and turmeric have become top products for people seeking advice on how to maintain optimal health amid the COVID-19 pandemic.
The market study is being classified by Type (Organic and Conventional), by Application (Dyspepsia, Arthritis, Diarrhea, Muscular Disorders, Bronchitis and Others) and major geographies with country level break-up.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Asian Vendors will contribute to the maximum growth of Global Ginger Essential Oil Extract market throughout the predicted period.
Kancor (India), Lala Jagdish Prasad & Co (India), Silverline Chemicals Ltd (India), Avi Naturals (India), Aromaaz International (India), Jedwards International (United States), SVA Organics (India), Ozone Naturals (India) and Plamed Group (China) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Ginger Essential Oil Extract market by Type, Application and Region.
On the basis of geography, the market of Ginger Essential Oil Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
International organizations such as the United Nations (UN) and the European Union (EU) have set specific regulations and guidelines for the production, harvest, and processing of flowers and aromatic plants. The United Nations Industrial Development Organization (UNIDO) and the United Nations Food and Agriculture Organization are mandated to regulate and control all post-harvest processing operations in developing countries, principally for herbs, spices, and essential oils. The European Federation of Essential Oils (EFEO) was also established by the EU to represent, protect, and promote the interests of the trade and manufacture of essential oils and related products across Europe.
Influencing Market Trend
- The Shifting Trend towards Preventive Healthcare, Coupled With an Improved Standard Of Living among Consumers
- The Demand for Ginger Oil Is Also Gaining Traction from Pharmaceutical Industry Due To Its Medicinal Properties
- The Rising Demand, Since Coronavirus Pathogens, Are Found To Deteriorate the Respiratory Functions of Individuals
- Increasing Cases of Depression and Anxiety Disorders among Consumers
- The Growing Demand for Essential Oils from the Aromatherapy Industry
- Growing Demand for the Treatment of Dyspepsia, Diarrhea, and Muscular Disorders
- Increasing the Production of the Product Supplements For Cough and Cold That Are Essential During the Monsoon Season
- R&D Efforts to Develop Highly Concentrated Ginger Essential Oils That Are Induced With Active and Powerful Properties
- Regulations Favoring the Use of Environmentally Friendly Ingredients in Various Industries
- Rising Prevalence of Health Problems
- Fluctuation in Raw Material Price
- Availability of Alternative Products
- Lack of Awareness Among the Consumers
Key Target AudienceManufacturers of Ginger Essential Oil Extract, Suppliers and Distributors of Ginger Essential Oil Extract, End-Users, Potential Investors, Market Research Firms and Others
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