Project report for Ginger Cultivation

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Introduction

Primarily grown for its roots used in cooking, ginger is a tropical plant that’s tasty, sought-after and unique and it can be profitable. Driscoll has been successful in growing it commercially with some experimentation and some tender loving care. India is largest producer of ginger and is contributing 32.75 percent of total world ginger. Meghalaya is major ginger producing state and ranks second in the country after Kerala by contributing 19.6 percent of the National production. Other major ginger producing state of North Eastern region are Arunachal Pradesh, Assam, Mizoram and Sikkim. Nowadays, there is great demand for organic products in developed countries. North eastern region is organic by default as there is low use of chemical fertilizers and agro-chemicals. So, there is much scope of quality organic ginger production and export earnings in the region. There is also vast potential of value addition. Linkage should be developed between farmers and corporate houses for marketing and processing of ginger in the region. Primarily grown for its roots used in cooking, ginger is a tropical plant that’s tasty, sought-after and unique and it can be profitable. Increase in domestic demand has risen significantly in last few years hence exports have not grown much. Export potential is also increasing. It is mainly because of expansion of local demand that export pace has reduced in last couple of years.

Market potential & Strategy

The global ginger market size was valued at nearly INR 18600.11 Crores in 2020. The industry is further expected to grow at a CAGR of 6.4% over the forecast period of 2022-2027 to attain a value of over INR 29700.78 Crores by 2026. The extensive applications of ginger in various industries represent one of the key factors bolstering the market growth. For instance, as ginger has a peppery flavour with a strong aroma, it is an extremely popular dietary condiment used as a spice to flavour cookies, cakes and curry mixes in the food and beverage (F&B) industry. It is also used as a digestive aid for diarrhoea, nausea, vomiting, and stomach upset occurring from motion sickness, pregnancy and cancer chemotherapy. This is positively influencing the sales of ginger in the pharma industry. It is one of the most used condiments in the Asian cuisines due to its various health benefits, pungent aroma, and peppery flavour. Further, the significant use of processed ginger products to prepare items of everyday use like masala chai, vegetable dishes, and curries in India is providing further impetus to the global ginger processing market for its growth. Ginger juice or oil is also finding increased applications in the cosmetics sector, owing to its anti-inflammatory and anti-oxidative properties, which further controls the process of ageing. The growing demand for herbal cosmetics products is providing a further boost to the global ginger market.

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