Ginger cost
Section 1: Introduction
Properties such as ginger’s antioxidant and anti-inflammatory properties increase its use
And global demand for factories and their products. Because of this, there have been some notable
With the growth of the ginger market in recent years, its demand is expected to increase and is expected to
Its price gradually increased. This is due to the increasing use of ginger in the diet
Many different thriving industries including food and beverages, cosmetics
Industry and Pharmaceuticals (IMARC, 2022).
Section 2: Global Ginger Market Overview
Steady growth in global demand for ginger has brought good product returns.
The total output of ginger is 1683.00 tons, and the main producing area of ginger is China.
India, Nepal and Thailand. The largest importer of ginger in recent years is
United States, European Union, Japan, Netherlands and Pakistan. Latest IMARC report
Showing the growth of the global ginger market, which is expected to register a CAGR of 6% from 2015 to 2020
And forecast a CAGR of 3.13% from 2021 to 2027.
It means that by the end of 2027, the global ginger market is expected to reach 8.46 billion US dollars.
Section 3: Ginger Description, Properties and Uses
ginger cost 2
Ginger (Zingiber officinale) is a palm-shaped beige rootstock whose stems are used as
Available in powdered, fresh, dried, pickled, crystallized and preserved forms. at the pharmacy
Ginger has been found to contain important chemicals that help control nausea and regurgitation
Vomiting, dysmenorrhea, and migraine (Thompson & Potter, 2006). Ginger has
A popular herb in Asian cuisine for decades, and the flavor just keeps on rising
Tractoring the global food and beverage industry. It is used to flavor soups,
Meats, baked goods and jams. Use of Antioxidants in the Cosmetic Industry
Ginger, which has been shown to help fade scars, rejuvenate skin, stimulate and reduce hair growth
Cosmetic production shed (Schmidt, 2012). Reports from market research experts
The demand for ginger in these industries in 2018 is further broken down as follows:
illustration 1
Global Ginger Market
Global Ginger Market
financial support(%)
food and drinks
pharmacy
cosmetic
other
Section 4: Cost per kg of ginger
ginger cost 3
U.S. ginger prices are constantly changing due to various factors
Drive the market, such as the country’s economic environment and tariffs imposed
Ginger import and export. The price per kilogram of ginger is between
2.24 US dollars and 2.3 US dollars, the same as in previous years.
Section 5: Ginger Wholesale Price
Constant variation per ton of ginger has been noted over the years, as
Price per ton below 2016- USD 2,267.64; 2017- USD 2,192.43; 2018- USD 2,300.67; 2019-
2,244.52 USD; 2020 – 2,344 USD; 2021 and today the price of a ton of ginger in USD
2244.52. This information is shown in the table below
figure 2
ginger wholesale price
2016201720182019202020212022
year
2100
2150
2200
2250
2300
2350
2400
ginger wholesale price
Section 6: US Ginger Export Prices Today
According to the IMARC Group report, an estimated 63 hectares of
Mainly used for ginger. Major export markets for U.S. ginger include Japan,
Ginger costs 4
Mexico, Canada, India and Turkey. The average price of ginger exported to the United States fell
$1561.12 to $854.43 in 2021
Section 6: Ginger export value since 2015
The following are the total export value of ginger in 2015, 2016, 2017 and 2018
2019, 2020 and 2021 as follows: $4,621,453; $4,177; $4,694;
$5,494, $5,526; $6,439. For convenience, this data is shown in the table below
understand and analyze
image 3
Ginger export value
201520162017201820192020
year
0.00
1000.00
2000.00
3000.00
4000.00
5000.00
6000.00
7000.00
8000.00
Ginger export value
Section 7: Conclusion
Like any other market, the ginger market is constantly changing due to changes
consumer buying behavior. For this particular market, these actions are driven by
Rising population health awareness, changing and increasing demographics
Diversity in the lifestyles of people around the world (IMARC, 2022).
Ginger costs 5
Section 8: References
Expert Market Research, EMR (2018). Ginger Market: Global Industry, Analysis, Trends,
Market Size and Forecast to 2024
IMARC Group. (2022). Ginger Market Size, Share, Price, Trend and Forecast 2021-2026.
Digital issue from https://www.imarcgroup.com/ginger-market
Schmist, B. (2012). Responsible use of medicinal plants in cosmetics. Horticultural Science 47, 985-
991
Thompson, H.J., & Potter, PJ (2006). Review: Ginger prevents 24-hour post-op nausea
and vomiting 9(3), 80
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