- +1-315-215-1633
- sales@thebrainyinsights.com
The global ginger oil market was valued at USD 12.50 billion in 2023 and growing at a CAGR of 4.20% from 2024 to 2033. The market is expected to reach USD 18.86 billion by 2033. Ginger oil is used in aromatherapy, and its demand is increasing. It is also used more due to its antimicrobial properties. It is also used as a flowering agent in food and beverage products. Ginger oil can help hide scars, that's why it is also being used in skin care.
Ginger oil is an essential oil obtained from the rhizome of the ginger plant. It is used in many applications, including digestive support, hair care, aromatherapy, and skin care. To make ginger oil Fresh ginger rhizomes are harvested. Then these ginger rhizomes are cleaned thoroughly so that all the soil, impurities, and outside dirt accumulated on them can be removed. Then these clean ginger rhizomes are cut into small pieces, so that the oil can be extracted from them properly. Then these cut pieces are put in a distillation unit and ginger oil is efficiently extracted in the form of vapors by generating steam with the help of hot water. Then a condenser is used to cool these vapors. In this process, these vapors turn into liquid form. Now with the help of the separation method, the liquid and oil are separated. The weight of oil is less than that of water and hence the oil starts floating on top and is removed from the vapors. Now after this, ginger oil is separated separately and with the help of filtration process, all impurities or any type of residue is removed from it. This improves the quality of the oil. Ginger oil is always stored in glass bottles or stainless steel containers. This protects the oil from light and air, otherwise its quality gets affected. This oil is then packaged and sold in the market and customers use it as per their requirement. Ginger oil can be used in many sectors. In food and beverage, it enhances the flavour of food and drinks, and it helps to keep the digestive system healthy. It also relieves nausea and pain and can be used as an ingredient in house cleaning products.
Processes like Solvent Extraction, Cold Press Extraction, and CO2 Supercritical Extraction can also be used to make ginger oil. Each process is different in efficiency, so manufacturers choose the process according to their requirements and the efficiency of the process.
Get an overview of this study by requesting a free sample
Rising Prevalence of Digestive Disorders- The use of ginger oil is increasing due to the increasing cases of digestive disorders. Digestive disorders such as indigestion, bloating, nausea, irritable bowel syndrome (IBS), and acid reflux are found in many people these days. The reason for the increase in these cases is the changing life style. So, to get relief from these people turn to natural products. The dietary supplement industry also uses ginger oil in its new products so that consumers can get relief. Earlier people used to consume ginger directly but now due to changing trends, companies also provide ginger oil to consumers in other forms like capsules, tinctures, and digestive blends.
High Production Costs- The cost of raw material is very important for making ginger oil. Because oil cannot be extracted without ginger. And sourcing this ginger is not easy. Since it is not possible to get the same quality of ginger everywhere, if a manufacturer uses premium quality ginger, then the cost of its end product will be high. Many times, labor cost also increases the production cost, which affects the overall cost. This affects the consumer, and he starts giving preference to other cheaper alternatives.
Rising Consumer Awareness of Natural and Organic Products- Consumers are very concerned about their health and prefer natural or organic products. Certification of products helps consumers in this. With the help of these certifications, it can be known whether these products are organic or not. This information is either on the product or can be obtained from the company's website through the Internet. Due to this, its use can also increase in the food sector because natural products are promoted in this industry, and strict rules have been made for this. Ginger oil is also widely used in the cosmetic industry.
Competition from Alternative Products- Ginger oil belongs to the category of essential oils and there are many oils in this category that have all the properties that ginger has. For example, lavender oil can be used for aromatherapy and mood swings. So, if ginger oil is not available or its price is high, then people can easily choose other products. Also, other products can also be adopted for natural remedies. Like ginger capsules, ginger tea, and ginger powder, these products are very easy to use and store.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia pacific emerged as the largest market for the global Ginger Oil market, with a 51% share of the market revenue in 2023.
The Asia pacific region will account for the largest market share with revenue growth. Asia Pacific is the largest manufacturer, supplier and consumer of ginger oil. Here, favourable conditions are naturally available for growing ginger. Also, being a developing region, the labour cost and transportation costs are low, which helps in controlling the price of ginger oil. This can make ginger oil accessible to middle-class and lower-class people as well. Ginger has been used in this region for centuries. People use it to cure sore throat during fever or to prevent mucus from forming. In India, it adds flavour to food, making it taste even better. Regularly using it also keeps the digestive system healthy.
Asia Pacific Region Ginger Oil Market Share in 2023 - 51%
www.thebrainyinsights.com
Check the geographical analysis of this market by requesting a free sample
The nature segment is divided into organic and conventional. The organic segment dominated the market, with a market share of 65% in 2023. Organic ginger oil is used more because no chemicals are used to make it. This keeps its quality intact, and the consumer also does not face any problems. Organic oil is also used for aromatherapy, skin care, and hair care because it does not cause any harm. Also, organic products are launched on the market with certificates, due to which the consumer remains trusting in them and is ready to pay a high price for them.
The method of extraction segment is divided into steam distillation, solvent extraction, cold press extraction and CO2 supercritical extraction. The steam distillation segment dominated the market, with a market share of 40.25% in 2023. The steam distillation process is a very efficient method of making ginger oil. It is also capable of maintaining the natural quality of the oil because no residue of any kind is left in this process. Also, no chemicals are used in it; only boiling water is used. This is why it is considered a natural and safe extraction process. In this process, maximum oil is extracted from the entire ginger rhizome. Being natural, it is also environmentally friendly, due to which there is no harm to the environment.
The end-use industry segment is divided into food & beverage, pharmaceutical, personal care and others. The food & beverage segment dominated the market, with a market share of 43% in 2023. Ginger oil is also used as a flavor enhancer in food & beverage. In beverages, ginger oil is used in ginger ales, ginger beers, and cocktails. Also, adding ginger oil to food & beverage on a daily basis can help in getting rid of digestive disorders. Ginger has rich flavours that can make any food taste good and increase its richness. Ginger oil can be used in food products such as sauces and dressings, soups and stews, and baked goods.
The sales channel segment is divided into online sales and offline sales. The offline sales segment dominated the market, with a market share of 60% in 2023. Offline sales allow the customers to check the product and ensure its quality. Also, through offline stores, replacement of products is hassle-free as shop owners make it easy for the customer to exchange the product unless it is not tempered intentionally. In the online process, customers have to show proof, and sometimes, the claim is rejected, negatively impacting the customer’s trust. Offline stores hire employees who can help the customer & deliver the correct information about the product & provide suggestions regarding the product selection. This helps the customers to buy new products & try them. Also, some offline stores provide heavy discounts or attractive offers that attract customers easily.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2023 | USD 12.50 Billion |
| Market size value in 2033 | USD 18.86 Billion |
| CAGR (2024 to 2033) | 4.20% |
| Historical data | 2020-2022 |
| Base Year | 2023 |
| Forecast | 2024-2033 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Nature, Method of Extraction, End-Use Industry, Sales Channel |
As per The Brainy Insights, the size of the ginger oil market was valued at USD 12.50 billion in 2023 to USD 18.86 billion by 2033.
The global ginger oil market is growing at a CAGR of 4.20% during the forecast period 2024-2033.
The Asia Pacific region emerged as the largest market for the ginger oil.
The rising prevalence of digestive disorders will influence the market's growth.
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global ginger oil market based on below-mentioned segments:
Global Ginger Oil Market by Nature:
Global Ginger Oil Market by Method of Extraction:
Global Ginger Oil Market by End-Use Industry:
Global Ginger Oil Market by Sales Channel:
Global Ginger Oil Market by Region:
Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision.
Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.
The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.
Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:
The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.
The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.
Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
The demand side for the market is estimated through:
In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
Free Customization
Fortune 500 Clients
Free Yearly Update On Purchase Of Multi/Corporate License
Companies Served Till Date
