According to the latest market research report title “Ginger Market By Form (Fresh Ginger, Dried Ginger, Ginger Oil, Powdered Ginger), By Type (Conventional, Organic), By Application (Food Processing, Pharmaceuticals & Nutraceutical, Personal Care), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific)–Forecast to 2030″, published by MarkNtel Advisors. The Global Ginger Market size was valued at USD 4.5 billion in 2023 and is estimated to grow at a CAGR of around 6.9% during the forecast period, i.e., 2024-30.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Global Ginger Market Growth Restraint:
Volatility of Ginger Prices due to Climate Conditions: Ginger cultivation relies heavily on weather conditions like rainfall, temperature, & sunlight. Adverse weather situations like droughts, floods, or storms can significantly impact ginger production owing to lower yields & higher production costs, which, in turn, would create price instability in the market. In addition, governments of several countries impose trade policies, import/export regulations, & tariffs, which can affect the flow of ginger across borders. Any change in these regulations or the introduction of new tariffs can further create uncertainty and impact ginger prices. Hence, these aspects are likely to hinder the global ginger market in the coming years.
Ginger Market Segmentation
The Ginger Market is highly robust and fragmented into numerous segments;
By Forms
-Fresh Ginger – Market Size & Forecast 2019-2030, USD Million
-Powdered Ginger- Market Size & Forecast 2019-2030, USD Million
-Dried Ginger – Market Size & Forecast 2019-2030, USD Million
-Ginger Oil – Market Size & Forecast 2019-2030, USD Million
By Type
-Organic- Market Size & Forecast 2019-2030, USD Million
-Conventional- Market Size & Forecast 2019-2030, USD Million
By Application
-Food Processing – Market Size & Forecast 2019-2030, USD Million
-Pharmaceuticals Nutraceutical – Market Size & Forecast 2019-2030, USD Million
-Personal Care Industry- Market Size & Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Key Players Operating in the Ginger Market: –
Sino Nature International Co Ltd
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Buderim Group Limited
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Knitspice
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Ginger Market during the forecast period?
- Which segment is expected to lead the Ginger Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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