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Ginger market is projected to gain US$3.06 bn by 2017
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Of late, the global market for ginger has been witnessing a remarkable upswing in its valuation, thanks to the growing popularity of ginger as an herbal medicine across the world. The augmenting usage of ginger as a flavoring agent is also propelling this market tremendously and is expected to continue to drive it in the years to come.
This research report offers a strategic assessment of the global market for ginger and the growth forecast for the period 2017 to 2022. To aid in proper decision-making, the report includes the profiling of top players in this industry, their respective market share along with various business strategies which are adopted by them as well as the recent developments.
Global Ginger Market: Scope of the Study
The analysis of the key trends and the market opportunity map presented in this study discusses several imminent trends in the end-use industries that may fuel he demand for ginger in the coming years. Other than this, the scope of the report also focuses on the future penetration of various ginger related products. The market attractiveness analysis and the opportunity map provided here offers deep insights into various market dynamics and the competition between the leading players, along with providing the most profitable segments within the global ginger market.
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The research report also presents the breakdown and the assessment of various factors, such as market drivers, restraints, and opportunities that influence the growth of the global market for ginger. These factors determine the prominent trends and their effect on the overall market growth. Overall, after taking into consideration the different factors which affects the global ginger market along with providing a holistic analysis of the global ginger market, and also provides an estimation of growth for the forecast period during 2017 to 2022.
Global Ginger Market: Segmentation
Under the scope of this research report, the global market for ginger has been evaluated on the basis of the form, distribution channel, application, and the regional spread. As per the market study, based on the form, this market is classified into fresh, dried, pickled, preserved, crystallized, and powdered forms. Based on the distribution channel, the market is categorized into Traditional grocery retail, modern grocery retail, and non-grocery retail. By the application, the market is divided into culinary, snacks and convenience food, soups and sauces, bakery products, non-alcoholic beverages, alcoholic beverages, and chocolate and confectionery.
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On the basis of the geography, the global market has been bifurcated into Asia Pacific excluding Japan (India, Indonesia, China, South Korea, Australia, and Singapore), North America (Canada and the U.S.), the Middle East and Africa (Turkey, Israel, South Africa, and GCC countries), Latin America (Brazil, Argentina, and Mexico), Europe (the U.K., Germany, Italy, France, Spain, and Nordic countries), and Japan. The performance of each of the regional market is calculated on the basis of the performance of each of the domestic markets for ginger in this research report.
Companies Mentioned in the Report
The worldwide ginger market is highly competitive and fragmented. Archer-Daniels-Midland Co., Yummy Food Industrial Group, Monterey Bay Spice Co. Inc., Sun Impex International Foods L.L.C., Indian Organic Farmers Producer Co. Ltd., Sino-Nature International Co. Ltd., Atmiya International, Buderim Group Ltd., Food Market Management Inc., and SA Rawther Spices Pvt. Ltd. are some of the leading players in the global ginger market.
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