Production of Dry Ginger from Green Ginger

Production of Dry Ginger from Green Ginger. Value Added Products of Ginger. Investment Opportunities in Agriculture Industry.

Dry ginger powder is the grounded form of dried ginger roots. It is essentially used as a seasoning agent. Dried ginger is nothing but fresh ginger, which has undergone a drying process. The fresh rhizomes are soaked in water overnight after which the outer peel is carefully removed using a knife or a peeler.

Green ginger root is less mature than the more popular forms of the rhizome. it is milder, less pungent and tenderer. Green ginger root is also called young ginger, spring ginger, new ginger, stem ginger, pink ginger or baby ginger. Ginger has long been used for culinary and medicinal purpose. Possible health benefits include reducing nausea, pain, and inflammation. Ginger can be used to make tea, chopped or crushed in curries and savory dishes, and dried or crystalized in sweets and confectionary.

Ginger is a popular digestive aid and it is famous for its medicinal quality since its origin. Special active components have found in ginger that is responsible for easy digestion or best we can say it act as a trigger for digestion. It is also helps to get relieve from constipation or any unwanted disorder related to digestion. Due to its endless beneficial quality it has been used in Indian Ayurveda as well as in Chinese medicine since ancient time. In Chinese medicine it was mainly used for easy transportation of body fluid as it accelerate circulation of blood in our whole body due to its amazing stimulatory effect on the heart muscle and by powerful capacity to dilute the blood.

Dried ginger is the most important product in terms of trade after fresh ginger. Dried ginger is the raw material to make ginger powder and also for ginger oil and oleoresin extraction. It is obtained by drying of fully matured rhizomes, harvested at an age of 8 to 9 month. At this age the rhizomes have fully developed flavor, aroma and pungency. By converting in to dried form, ginger can be preserved for longer time.

Ginger (Zingiber officinale) is a flowering plant whose rhizome, ginger root or ginger, is widely used as a spice and a folk medicine. It is an herbaceous perennial which grows annual pseudo stems (false stems made of the rolled bases of leaves) about a meter tall bearing narrow leaf blades

Market Outlook

Nowadays, with rising health-consciousness, consumers across the globe are preferring nutrition-rich food products, which is providing a boost to the growing popularity of processed ginger. In the food industry the powdered form of ginger is widely used as a condiment or flavoring agent in salad dressings, tomato ketchup and sauces, pickles, gravies, meat sausages and curry dishes. Other than this, ginger powder is regarded as an excellent carminative ingredient that reduces intestinal gas. As a result, they are used in the treatment of a number of skin disorders in Ayurveda medicines.

Also, the regular consumption of processed ginger products reduces the risk of diabetes, obesity, heart diseases, resulting in increased energy, reduced weight and a healthy complexion. Ginger powder is also utilized for adding fragrance in soaps and personal care products. Moreover, the oil obtained from ginger is mainly employed in the flavoring of beverages, confectioneries and perfumes. Owing to these factors, IMARC Group expects the market to reach US$ 3.42 Billion by 2023, at a CAGR of 6.6%.

An increasing demand for ginger in India coupled with a drop in domestic production is resulting in India becoming a net importer. India is the world’s largest producer and consumer of ginger. Ginger can be processed into a wide variety of products. Many products can be manufactured from ginger like dehydrated ginger, ginger candy, ginger powder, ginger oil and oleoresins and so on. Ginger is an important commercial crop with versatile applications. As condiment, ginger is used for flavoring many food products like tomato sauce or ketchup, salad dressings, meat sausages, gravies, pickles, curry dishes and so on.

In the food industry its powdered form is widely used as a condiment/flavoring agent in salad dressings, tomato ketchup and sauce, pickles, gravies, meat sausages, curry dishes, etc. It can be used as pharmaceuticals for the production of herbal medicines in the treatment of cold fever. Ginger powder is also used for fragrance in soaps and cosmetics. Ginger oil obtained by the steam distillation of the dried ginger is mainly used in the flavoring of beverages, confectionery and perfumes. Powder ginger has very good domestic as well as export market.

There is a large market for both fresh and dried ginger. Ginger oil is obtained from the root of the herb Zingiber officinale. The peculiar hot taste and pungent taste of ginger can be attributed to the presence of an acrid compound called ginger. The demand of ginger oil is ever increasing. It has good export and domestic demand.

Among the various forms of ginger, growing demand for fresh ginger is expected to boost the global ginger market. This is because consuming fresh ginger provides several health benefits. Increasing popularity of fresh ginger among patient populations also is advantageous to the market's expansion. Region wise, Asia Pacific is expected to account for a leading share in the global ginger market in the coming years. This is attributed to rising medical tourism activities in the region coupled with increasing governments' initiatives in medical awareness about organic substances.

Ginger is an organic and natural spice which has an extensive application in snacks and convenience food, culinary, bakery products, soups and sauces, alcoholic beverages, non-alcoholic beverages, confectionery, and chocolate. This spice helps in curing various chronic diseases such as nausea, diabetes, cancer, and cardiovascular diseases. Ginger is considered as a remedy to regular infections such as common cold and cough. Apart from this, the spice also aids in improving rheumatism, indigestion, hypertension, ulcers, arthritis, atherosclerosis, and constipation. Such medicinal benefits of ginger are majorly driving the global ginger market. Along with these, ginger is widely adopted in various industries such as pharmaceutical and alcohol and beverages. Such factors are boosting the overall consumption of ginger, which is further fueling growth in the global ginger market.

The market in Asia Pacific is expected to dominate market of the global ginger market due high production of ginger in countries such as China, India, Indonesia, Bangladesh, Thailand, Philippines. The demand for ginger is expected to increase in regions such as North America and Europe due to its wide application in pharmaceutical and cosmetics industries.

Key Players

Ø  Flavor Pvt. Ltd.,

Ø  Capital Foods Ltd.,

Ø  Buderim Group Limited,

Ø  The Ginger People,

Ø  Canadian Ginger Company,

Ø  SA Rawther Spices

Ø  Pvt Ltd,

Ø  AKO GmbH

 

For More Details, Click Here:-https://niir.org/profile-project-reports/profiles/ginger-cultivation-ginger-processing-ginger-value-added-products-projects/z,,28,0,a/index.html

 

Tags

#gingerbusiness #ginger #AllBusiness #foodindustry #foodprojects  #foodindustry #manufacturing #ProjectReport #GingerProcessing #FoodProcessing #agricultureProcessing #Agribusiness #BusinessPlan #AgProcessing #food #foodprocessing #agriculture #foodConsultant #entrepreneurship #business #startup #entrepreneur #projects #gingerprocessing #foodindustry #driedginger  #organicginger #thegingerfactory #businessbook #futurebusiness #BusinessIdeas #business #smallbusiness #foodagriculture #greenengineering 

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  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

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  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

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           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

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                Net Cash Accruals

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                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

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  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR