Base Year
Historical Year
Forecast Year
The global galangal root powder market is being driven by the growing herbal medicine market. The herbal medicine market is expected to grow at a CAGR of 5.8% in the forecast period of 2024-2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Galangal root, which is an East Asian modified subterranean plant stem, resembles ginger but is totally different in taste. Galangal root powder has been in use since ancient times in Ayurvedic medicines across China. The Asia Pacific significantly contributes to the industry growth, while other regions are also witnessing increased demand for the product after its commercialisation in different parts across the world. Currently, it is commonly utilised as a food ingredient in Indonesian, Thai, and Malaysian cuisines, thus, enhancing the product demand in the food and beverage industry. This is aiding the market growth in the Asia Pacific region. Meanwhile, in gulf countries, galangal root powder is being considered as an effective alternative to improve sperm count, which is expected to enhance the sales of the product in the GCC countries in the forecast period.
Galangal root powder is obtained from the flesh of the roots of galangal plant, commonly known as Thai ginger or Siamese ginger. The powder is quite strong and is known for its earthy and extra citrusy flavour. It has the ability to treat various medical conditions and is known for its anti-ageing and calming and relaxing properties. It also boosts stamina and lowers bad cholesterol levels.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on nature, the market is bifurcated into:
On the basis of application, the industry can be categorised into:
The various distribution channels of the product include:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The increasing demand for plant-based products over synthetic ones is driving the demand for galangal root powder. Further, several studies have established the effectiveness of galangal root powder in the treatment of cancer, thus, driving its demand to prepare drugs and medicines for cancer treatment. This powder is considered to be effective in treating nearly all kinds of ailments, ranging from infection to inflammation. The market is being supported by the thriving pharmaceutical industry and the growing prevalence of cancer globally. Other factors like the escalating disposable incomes, growing retail sector, and rising demand for natural ingredients in food and cosmetic industries are also aiding the industry growth.
Over the forecast period, the growing research activities regarding the potential applications of galangal root powder and the new product launches are expected to significantly contribute to the market growth.
The report gives a detailed analysis of the following key players in the global galangal root powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Nature |
|
| Breakup by Distribution Channel |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.
The major drivers of the market are the rising disposable incomes, increasing health awareness, expanding retail sector, rising demand for natural products, increasing prevalence of cancer, thriving pharmaceutical industry, and growing demand from food and cosmetic sectors.
The key trends guiding the growth of the market include the growing research and development activities and the new product launches.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading natures of galangal root powder in the market are organic and conventional.
The major distribution channels in the market are direct sale and indirect sale.
The key players in the global galangal root powder market are Penzeys Spices, The Spice People, Burma Spice, and Qingdao Dacon Trading Co., Ltd, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share