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Ginger Market Overview
As per recent research 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.
Ginger Market Dynamics
Market Drivers : Ever-Increasing Consumer Demand for Healthy & Natural ingredients:
Ginger is recognized widely for its health benefits owing to its anti-inflammatory properties, digestive benefits, and use in traditional medicine applications. As consumers increasingly seek natural remedies & functional foods to support their well-being, and ginger well-aligns with these preferences, it witnesses high demand. Moreover, there's a growing preference for natural & clean-label ingredients, which are minimally processed and free from artificial additives.
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Ginger Market Segmentation Overview 2024-2030: Key Factors
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
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Ginger Market Geographical Insights:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Key Players and Competitive Strategies in the Ginger Market
Several prominent players dominate the Ginger Market, including:
- Monterey Bay Spice Co. Inc.
- Sino Nature International Co Ltd.
- Buderim Group Limited
- Knitspice
- KODGAV
- Canadian Ginger Company
- Olam Spices
- Huaguang Group
- Indian Organic Farmers Producer Co. Ltd.
- Other
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Questions Addressed in this Study
1.How big is the Ginger Market Size?
2.What is the Ginger Market Growth?
3.Who are the key players of the Ginger Market?
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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.
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