Ginger Extract Market Top Companies | Business Growth and Forecast to 2025
Research Reports
Jan 15, 2021
Market Dynamics
Global Ginger Extract Market is expected to reach USD 1,320.3 Million with a CAGR of 5.1% from 2020 to 2025 (forecast period). The report provides a comprehensive review of the impact of COVID-19 on current/future market situations. The report also focuses on the major market factors that will affect the growth of this market, such as market share, top region and major suppliers.
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Key Players
The leading participants operating in the Global Ginger Extract Market include Flavex Naturextrakte GmbH (Germany), Archer Daniels Midland Company (US), Greenutra Resource Inc (China), Inner Natural Ingredients Inc. (China), International Flavors & Fragrances Inc. (US), Hornsea Sunshine Biotech (China), KANEGRADE (UK), Naturalin Bio-Resources Co., Ltd (China), Naturex SA (France), and Nutra Green Biotechnology Co., Ltd (China).
Industry Segmentation
The global market for ginger extract has been segmented into category, form, and application.
By form, the global market ginger extract has been segmented into powder and liquid.
Regional Analysis
Regionally, the global Ginger Extract Market for has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
The Asia Pacific held the largest market share of 34.5% of the global market for ginger extract in 2020. The Asia Pacific is home to the world’s major producer of ginger — China, India, Nepal, and Thailand. China accounted for a majority market share of 30.56% in 2020, and the country-level market is expected to expand at a substantial pace during the forecast period.
The growing demand for natural health-benefit ingredients in food and beverages is a driving force for the growth of the South American market, with Brazil accounting for a significant market share.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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