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Breakdown and analysis of the global Ginger market Major ginger producing countries includes India, Nigeria, China, Indonesia, Nepal, Thailand, Bangladesh, and Japan, among others.
Top ginger consuming countries are India, Nigeria, China, Indonesia, Nepal, Thailand, Bangladesh, Japan, USA, and Pakistan, among others.
In the export market, a tonne of ginger is between 6,000 and 7,000 dollars. However, in the local market, a tonne of ginger stands at 3,500 dollars.
Ginger International Market Price 2022
In this post, we will be talking about the current international price of Ginger.
Ginger is one of the most sort after agriculture commodity in the global market.
China is the biggest player in the global ginger market. The situation in the ginger market is determined by China, due to the huge volume that the country exports.
China is the largest ginger grower on the global market and has seen the demand for the product increase due to the pandemic.
The global ginger market witnessed a CAGR of around 4.8% during the historical period of 2016-2020, driven by the rising use of ginger in the cosmetics and personal care industry. Aided by the growing incorporation of ginger in beverages, the market is expected to witness a further growth in the forecast period of 2021-2026.
The increasing use of ginger oil, owing to its various benefits, is aiding the market growth. The presence of numerous antioxidants in ginger makes it ideal for skin care products as it can protect skin from free radicals. It can recuperate skin, even skin tone, improve circulation while providing additional benefits to acne-prone skin.
Ginger is extensively used in various traditional foods, especially in Asia, to enhance taste, texture, and flavour. Rising demand for Asian cuisines such as Chinese, Indian, Japanese, Thai, and South Korean, among others, is increasing the use of ginger.
Ginger, scientifically named as zingiber officinale, is a plant whose roots is used as a medicine or spice. It is rich in antioxidants and gingerol, which makes it ideal in aiding various health-related issues. The major product types of ginger are fresh and processed products.
Ginger can offer a plethora of flavours ranging from sweet and warm to hot and spicy while providing freshness and various health benefits. This is surging its use in various beverages as both an additive and a flavour which is anticipated to aid the market growth. The trend of fusion beverages is increasing the use of ginger in sparkling water and sodas.
Major ginger producing countries includes India, Nigeria, China, Indonesia, Nepal, Thailand, Bangladesh, and Japan, among others.
Top ginger consuming countries are India, Nigeria, China, Indonesia, Nepal, Thailand, Bangladesh, Japan, USA, and Pakistan, among others.
In the export market, a tonne of ginger is between 6,000 and 7,000 dollars. However, in the local market, a tonne of ginger stands at 3,500 dollars.
WATCH FULL VIDEO BELOW: Ginger International Price World Wide
https://www.youtube.com/watch?v=7bjaYsstWwk
Conclusion
Ginger is one of the most sort after agriculture commodity in the global market. Major ginger producing countries includes India, Nigeria, China, Indonesia, Nepal, Thailand, Bangladesh, and Japan. The global ginger market witnessed a CAGR of around 4.8% during the historical period of 2016-2020. Ginger, scientifically named as zingiber officinale, is a plant whose roots is used as a medicine or spice. It is rich in antioxidants and gingerol, which makes it ideal in aiding various health-related issues. In the export market, a tonne of ginger is between 6,000 and 7,000 dollars.
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