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Ginger Powder Market Forecast 2023-2029: Growth Trends and Analysis

Submitted by falgunimmr on Thu, 04/25/2024 - 00:42

An overview of the Ginger Powder Market is as follows:

The comprehensive "Ginger Powder Market" study covers important topics such an overview, definition, and structural analysis, offering a detailed investigation of the sector. In order to identify the forces, constraints, opportunities, and difficulties that influence market dynamics, it explores microelements such as gross margin, cost, market share, capacity, utilization, and supply. This vital information is necessary to help investors make well-informed judgments and to create strategic strategies for new entrants.

Technological developments and industry expansion in the Ginger Powder market are expected to be key drivers of market progress throughout the projected period.

Examination and Advancement of the Ginger Powder Market:

Ginger Powder Market size was valued at USD 1.30 Bn. in 2022 and the total Ginger Powder revenue is expected to grow by 32.28% from 2023 to 2029, reaching nearly USD 9.28 Bn.

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Ginger Powder Market Extent

In order to provide insights into the long-term implications of the major drivers and constraints affecting the Ginger Powder industry, this study does a microanalysis of those factors. The report uses accurate visuals, clear and understandable language, and a combination of quantitative and qualitative data analysis.

The Ginger Powder market report's data analysis takes a thorough approach, including primary and secondary data gathering techniques. While secondary data includes government websites, yearly reports, and the financial reports of important companies in the market, primary data gathering entails conducting telephone interviews and in-person surveys to obtain a thorough picture of the industry.

Strategic tools for strategic planning and management, such as SWOT analysis, provide micro-scale analysis. The technological, social, legal, environmental, political, and economic effects on the Ginger Powder market are also clarified by PESTLE analysis.

In addition, the paper explores current industry trends and offers projections for the years to come.

Ginger Powder Market Classifications

by Product

Black Ginger Powder
Yellow Ginger Powder

Based on type, the Ginger Powder Market has been divided into black ginger powder and yellow ginger powder. Among these, the black ginger sub-segment is projected to generate the maximum revenue. The black ginger sub-segment witnessed the highest market share. Black ginger is Kaempferia parviflora, an herbaceous plant in the Zingiberaceae family, native to Thailand. Black Ginger is an adaptogen that has been utilised in the traditional herbal system for over 1,000 years. It has recently received increased scientific attention. Its black colour always surprises people. Polymethoxyflavones in Black Ginger boost energy generation by stimulating AMP-activated protein kinase (AMPK) in myoblasts. As a result, activation of AMPK has been proposed to improve physical fitness performance, muscular endurance, and fat metabolism. It also promotes physical fitness performance in the elderly and athletes, as well as antioxidant enzyme activities. It is also known as Thai Ginseng Krachai Dum and Kaempferia parviflora. This plant has received the greatest attention due to its effects on circulation. Black Ginger inhibits phosphodiesterase. Healthy blood circulation is a vital aspect of maintaining body's homeostatic balance. By maintaining a healthy circulatory system, ginger is also helpful in maintaining a healthy body temperature, nutrition distribution, and pH levels. It is also said to be an aphrodisiac and a physical enhancer. Black Ginger has been shown to increase endurance, stamina, and grip strength. They also enhance mitochondria, which produce energy for all cells in the body and govern brain activity. These are factors projected to support the ginger powder market share growth throughout the course of the projection year.

by Application

Food and Beverages
Bakery and Confectionery
Personal Care and Cosmetics

Based on application, the market has been divided into food and beverages, pharmaceutical, bakery and confectionery, personal care and cosmetics, and others. Among these, the food and beverages sub-segment is projected to generate the maximum revenue. The food and beverages sub-segment witnessed the highest revenue in 2023. This market expansion can be attributed to the rising demand for ginger powder in the food industry due to its widespread use in bakery, confectionery, and other types of goods. Furthermore, the growing population of health-conscious people who use health supplements for various diseases may enhance demand for the sub-segment and ginger powder market analysis.

by Distribution Channel

Online Retail
Supermarket and Hypermarket
Speciality Store
Convenience Stores

Based on distribution channels, the market has been divided into online retail, supermarket and hypermarket, speciality store, convenience stores, and others. Among these, the supermarket and hypermarket sub-segment is projected to generate the maximum revenue. The supermarket and hypermarket sub-segment of ginger powder witnessed the highest market share in 2023 due to the vast range of product availability. The advancements in these stores provide customers with an easier shopping experience. Customers are also attracted by the deals and discounts made available by supermarkets. The fact that consumers find it extremely convenient to purchase from supermarkets and hypermarket has led to the expansion of the ginger powder market trend. Furthermore, people are hesitant to purchase groceries and food goods online since they are doubtful of the product's quality and expiration date. Furthermore, the extensive availability of all types of products in one location with significant price discounts and plans entices the majority of the public to buy from supermarkets and hypermarkets which is likely to drive the growth of the ginger powder market demand during the forecast period.

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Ginger Powder Market Geographical Evaluation

The study places a strong emphasis on a regionally specific, in-depth industry analysis to support region-specific strategy planning. grasp the reasons why some areas dominate the global market requires a thorough grasp of regional analysis. Comprehending the study of major regions becomes crucial over the projected period as it aids investors in comprehending the effects on regional market trends, development potential, and limits as well as the worldwide compound annual growth rate (CAGR). It is anticipated that some areas would get a sizable market share and position in the sector.

The following companies are included in the market for Ginger Powder :

1. Vinayak Ingredients India Pvt. Ltd.
2. Frontier Co-op
3. Everest
4. Indian Organic Farmers Producer Co. Ltd.
5. Oregon's Wild Harvest
6. Anthony's Goods
7. The Synergy Company
8. Organic India
9. Blue Lily Organics
10. Terrasoul Superfoods
11. Others

List of Contents : Ginger Powder Market

Part 01: Executive Summary

Part 02: Scope of the Ginger Powder Market Report

Part 03: Ginger Powder Market Landscape

Part 04: Ginger Powder Market Sizing

Part 05: Ginger Powder Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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