Global ginger oil market is estimated to be valued at USD 12.21 Bn in 2024 and is expected to reach USD 14.54 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
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Ginger oil has several health benefits and therapeutic properties such as anti-inflammatory, antimicrobial, antioxidant properties, and it helps in reducing nausea, relieving pain in arthritis and muscles. Ginger oil is used as a flavoring agent in food and beverages industries. Increasing application of ginger oil in dietary supplements, personal care and cosmetics industries owing to its skin care properties can drive the market growth. Increasing industrial application of ginger oil along with health benefits is expected to boost demand for ginger oil in the near future.
Growing popularity and usage of ginger oil in food and beverages industry
Ginger oil is used extensively in food and beverage industry for both flavoring and preservative purposes. The unique and strong flavor of ginger oil adds zest to various culinary dishes and beverages. It is commonly used in Asian cuisine for preparation of curries, soups, sauces, and desserts to enhance their flavor. Ginger oil blends well with wide range of ingredients like herbs, spices, vegetables, and meats. Its popularity is increasing globally as people are incorporating more Asian inspired flavors and ingredients in their daily cooking. Ginger oil is also widely used in beverage industry. Many non-alcoholic and alcoholic drinks infuse ginger oil to add a subtle ginger flavor and aroma. For example, ginger ale and ginger beer are commercially successful ginger oil infused drinks globally. Moreover, ginger oil is also used as a natural preservative and flavoring agent in processed food industry. Food manufacturers are increasingly utilizing ginger oil in products like salad dressings, seafood, meat marinades, and snack seasonings due to its preservative properties and delicious aromas. The versatility of uses and health appeal of ginger boosts demand for its oil in food applications.
Ginger oil is renowned for its various healing and medicinal properties. It possesses strong anti-inflammatory, antioxidant and antibacterial qualities that are beneficial for overall health and well-being. Ginger oil has been effectively used to treat nausea, chronic pain, cough, respiratory diseases and digestion related issues. Furthermore, ginger oil is extensively used in aromatherapy due to its soothing and relaxing qualities. It is blended in products like massage oils, bath oils and room fresheners for therapeutic effect. Growing popularity of alternative medicines like aromatherapy boosts demand for ginger oil. Ginger oil improves blood circulation and support cardiovascular health due to presence of compounds like gingerol. Its immunity boosting characteristics is gaining attention. People are increasingly using ginger oil as a natural remedy or supplement to prevent common cold, cough, and other infections. The wide usage of ginger oil for holistic healing therapies and preventive healthcare can drive the market growth.
Ginger Oil Market Report Snapshots
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