Procurement Resource Analyses the Production Cost of Ginger Oleoresins in its New Report
Posted on 12 July, 2022 by Jolie Alexa
Procurement Resource Analyses the Production Cost of Ginger Oleoresins in its New Report
Analyses Overview of The New Production Cost Report of Ginger Oleoresins
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Ginger Oleoresins. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence Ginger Oleoresins production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
The Organic Ginger Oleoresin is created from steam distilled organically farmed ginger rhizomes. The ginger was cultivated without the use of synthetic fertilisers, pesticides, or herbicides, earning it the organic label. Crop rotation, cover crops, and natural composting are used in organic farming to keep soil healthy and weeds at bay. The organic ginger oleoresin is derived using an extraction technique from organic gingers. It provides a natural supply of Gingerols and other compounds that benefit general health in a variety of ways, including by increasing metabolism.
Factors Impacting the Ginger Oleoresins Production Cost:
Following the COVID-19 pandemic, players in the ginger oleoresin industry are generating income streams through social media and eCommerce sales of food, pharma, and nutraceutical goods. Ginger oleoresin companies are paying attention to a shift in focus from traditional marketing and advertising to influencer marketing. However, the introduction of ginger essential oil goods has harmed sales of ginger oleoresin products. As a result, businesses should raise knowledge of oleoresins, which undergo steam distillation with very few taste characteristics lost. Furthermore, oleoresins are devoid of microbes and enzymes, which helps to extend product shelf life. These factors are expected to impact the production cost of Ginger Oleoresins.
Procurement Resource Assessment of Ginger Oleoresins Production:
The production cost report by Procurement Resource assesses the production of Ginger Oleoresins via Solvent Extraction. This production process involves the solvent extraction of powdered dry rhizomes of Zingiber officinale with an organic solvent such as acetone and ethanol. The solvent traces are then vacuum distilled at a specific temperature to obtain the oleoresin of ginger.
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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.
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30 November, 2018