As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Galangal Root Powder Market: By Nature: Organic, Conventional; By Distribution Channel: Direct Sale, Indirect Sale; By Application: Food and Beverage, Pharmaceuticals, Cosmetics and Personal Care, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Galangal Root Powder Market Outlook

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 2021-2026.

 

The Asia Pacific is Aiding the Growth of the Galangal Root Powder Industry

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: Industry Definition and Segmentation

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.

Based on nature, the market is bifurcated into:

  • Organic
  • Conventional

On the basis of application, the industry can be categorised into:

The various distribution channels of the product include:

  • Direct Sale
  • Indirect Sale

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand for Plant-Based Products and the Growing Awareness Regarding the Health Benefits of Galangal Root Powder to Bolster the Market Growth

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.

 

Key Industry Players in the Global Galangal Root Powder Market

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:

  • Penzeys Spices
  • The Spice People
  • Burma Spice
  • Qingdao Dacon Trading Co., Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Galangal Root Powder Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Galangal Root Powder Historical Market (2016-2020) 
    8.3    Global Galangal Root Powder Market Forecast (2021-2026)
    8.4    Global Galangal Root Powder Market by Nature
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Conventional
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Galangal Root Powder Market by Distribution Channel
        8.5.1    Direct Sale
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Indirect Sale
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Galangal Root Powder Market by Application
        8.6.1    Food and Beverage
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Pharmaceuticals
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Cosmetics and Personal Care
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Galangal Root Powder Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Penzeys Spices
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    The Spice People
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Burma Spice
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Qingdao Dacon Trading Co., Ltd
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Galangal Root Powder Market: Key Industry Highlights, 2016 and 2026
2.    Global Galangal Root Powder Historical Market: Breakup by Nature (USD Billion), 2016-2020
3.    Global Galangal Root Powder Market Forecast: Breakup by Nature (USD Billion), 2021-2026
4.    Global Galangal Root Powder Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
5.    Global Galangal Root Powder Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
6.    Global Galangal Root Powder Historical Market: Breakup by Application (USD Billion), 2016-2020
7.    Global Galangal Root Powder Market Forecast: Breakup by Application (USD Billion), 2021-2026
8.    Global Galangal Root Powder Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Galangal Root Powder Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Galangal Root Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Galangal Root Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Galangal Root Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Galangal Root Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Galangal Root Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Galangal Root Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Galangal Root Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Galangal Root Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Galangal Root Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Galangal Root Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    North America Historical Price Trends and Forecast 2021-2026
21.    Europe Historical Price Trends and Forecast 2021-2026
22.    Asia Pacific Historical Price Trends and Forecast 2021-2026
23.    Latin America Historical Price Trends and Forecast 2021-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2021-2026
25.    Global Galangal Root Powder Market Structure

Key Questions Answered in the Report

The global galangal root powder market to be aided by the rising herbal medicine market, which is projected to grow at a CAGR of 5.8% between 2021 and 2026.

The major drivers of the industry, such as the rising disposable incomes, increasing health awareness, expanding retail sector, rising demand for natural products, increasing prevalence of cancer, thriving pharmaceutical industry, and increasing demand from food and cosmetic sectors, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the growing R&D activities and the new product launches.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading nature types of galangal root powder in the market are organic and conventional.

The major distribution channels in the industry are direct sale and indirect sale.

The major players in the industry are Penzeys Spices, The Spice People, Burma Spice, and Qingdao Dacon Trading Co., Ltd, among others.

Analyst Review

The global galangal root powder market is being driven by the rising herbal medicine industry. Aided by the rising R&D activities, the herbal medicine market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 5.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By nature, the market is divided into organic and conventional. Based on application, the industry is segmented into food and beverage, pharmaceuticals, and cosmetics and personal care, among others. On the basis of distribution channel, the market is bifurcated into direct sale and indirect sale. The major regional markets for galangal root powder are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Penzeys Spices, The Spice People, Burma Spice, and Qingdao Dacon Trading Co., Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 3099     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 4099     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 5099     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global African Mango Seed Extract Market and Forecast 2021-2026


Global Dong Quai Market Report and Forecast 2021-2026


Global Neotame Market Report and Forecast 2021-2026


Global Piperine Market Report and Forecast 2021-2026


Global Rhodiola Rosea Extract Market Report and Forecast 2021-2026


NEWSLETTER