Ginger Oil Market size was valued at USD 11,654.9 million in 2022, and is expected to grow at a 3.8% CAGR from 2023 to 2029. Ginger oil is an type of essential oils obtained from the process of steamed distillation of zingiber which has a pungent aroma. As the demand for natural oil is increasing due to its natural health benefits the growth of ginger oil market is anticipated. The ginger oil is used as prevention of postoperative vomiting and nausea. Ginger oil posses with various medicinal benefits like antioxidants, anti-inflammatory, anti-cancer, anti-microbial activities and can also be used as spice oil in the food preparations. The ginger oil is used in aromatherapy due to its warm and strong aroma. The increase in use of ginger oil in bakery items, increase in the treatment of bloating and gas problems are expected to drive the market growth of ginger oil market. The ginger oil gains its popularity due to its skin benefits. The growth of natural personal care industry is expected to drive the growth of ginger oil market. Ayurveda and aroma chemicals therapy are trending in market.The ginger oil is used in both natural medicine and aroma therapy with other essential oils. The rise in demand for natural oil based cosmetics is expected to fuel the growth of ginger oil market growth. Key market players are focused and are investing in the research and development of new innovative ginger oil products. The demand for ginger oil is increasing in food preparations such as cakes, breads, and other products. The increasing demand for the products in healthcare owing to their usage in reducing blood pressure as a natural diuretic relieves aches, cramps, muscular stiffness.
Fastest Growing Market
Ginger oil market is expected to grow due to increasing demand for ginger oil in the pharmaceutical industry and food and beverages industry. In addition, rising awareness associated with health benefits of ginger oil are the major key driving factors expected to grow the ginger oil market in the forecasted period. Rising demand for flavored juices and beverage adding which contains ginger oil in their products is expected to fuel the growth of global ginger oil market.Increasing demand for ginger oil in pharmaceutical industry due to its natural medicinal benefits like anti-inflammatory, anti-cancer, anti-microbial, antioxidant properties is one of the factors anticipated increase the growth of ginger oil market globally.
Ginger Oil market was valued at USD 11,654.9 million in 2022, and is expected to grow at a 3.8% CAGR from 2023 to 2029
Increasing demand for ginger oil in the pharmaceutical industry and food and beverages industry. In addition, rising awareness associated with health benefits of ginger oil are the major key driving factors expected to grow the ginger oil market
The leading players in the global Ginger Oil market are Mountain Rose Herbs, Now Health Group, Inc., Doterra International, LLC, Rocky Mountain Oils, LLC, The Sydney Essential Oil Co, AG Industries, Manekancor, Ozonenaturals, Lichen, Phoenix Aromas & Essential Oils, Floracopeia Inc.
Asia Pacific region is expected to have largest market share value.