Ryder Dean06 Mar, 2023Business
According to Market Research Future (MRFR), the global ginger extract market is expected to reach USD 1,320.3 million with a CAGR of 5.1% from 2017 to 2025 (forecast period). The report provides a comprehensive review of the impact of COVID-19 on current/future market situations. The report also focuses on the major market factors that will affect the growth of this market, such as market share, top region and major suppliers. Ginger extract contains various phenolic compounds, some of which have antineoplastic, anti-inflammatory, and antioxidant properties. This has contributed to the widespread use of ginger extract due to its flavoring and medicinal properties in the food and beverage, pharmaceutical, and nutraceutical industries. Ginger Extract Market Size is anticipated to reach USD 1530.06 Million by 2030, registering a CAGR of 5.4% during 2022-2030
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