Product Code: ETC177703 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Ginger market currently, in 2023, has witnessed an HHI of 3409, Which has decreased slightly as compared to the HHI of 3916 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The ginger market in India is expected to grow at a brisk rate during the forecast period due to its increasing demand from food and beverage industry. Growing awareness about benefits associated with ginger consumption, especially for health reasons, has further surged its popularity. The rising number of specialty restaurants serving flavored cuisines across urban cities are anticipated to contribute significantly towards the growth of India ginger market during the forecast period. In addition, rapid urbanization coupled with changing lifestyle will also drive the overall growth of India ginger market over the years.
Some factors which are driving the growth for this market are increasing health awareness among consumers, growing use as a flavoring agent in food industry and increasing domestic consumption with changing lifestyle trends. Ginger also exhibits medicinal properties such as aiding digestion, reducing inflammation etc., which make it an important ingredient for ayurvedic medicines, thereby fuelling its demand further. Additionally, rapid urbanization leading to growth in fast food outlets is further expected to drive the sales within this segment during the forecast period 2023-2029.
High Price Volatility: Prices of raw materials like fresh/ dry ginger can be highly volatile due to their seasonal nature making it difficult for manufacturers/ sellers to manage pricing structure on a consistent basis resulting in lower profit margins. Competition From Imported Varieties: Many countries import varieties having higher spice content compared to local produce leaving domestic vendors no choice but to compete against them by offering better quality products or price discounts thereby affecting their overall profits.
Some Key players operating within IndiaGinger Market include Universal Agro Industries , Kapila Krishi Udyog Ltd., Amrut International Pvt Ltd., VVN Exports Pvt Ltd.,Sri Lanka Exports Development Board(SLEDB), Jindal Naturals Private Limited etc..
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ginger Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ginger Market Revenues & Volume, 2020 & 2030F |
3.3 India Ginger Market - Industry Life Cycle |
3.4 India Ginger Market - Porter's Five Forces |
3.5 India Ginger Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Ginger Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 India Ginger Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Ginger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Ginger Market Trends |
6 India Ginger Market, By Types |
6.1 India Ginger Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Ginger Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Ginger Market Revenues & Volume, By Fresh Ginger, 2020-2030F |
6.1.4 India Ginger Market Revenues & Volume, By Dried Ginger, 2020-2030F |
6.1.5 India Ginger Market Revenues & Volume, By Preserved Ginger, 2020-2030F |
6.1.6 India Ginger Market Revenues & Volume, By Ginger Oil, 2020-2030F |
6.1.7 India Ginger Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Ginger Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Ginger Market Revenues & Volume, By Food Industry, 2020-2030F |
6.2.3 India Ginger Market Revenues & Volume, By Pharmaceuticals Industry, 2020-2030F |
6.2.4 India Ginger Market Revenues & Volume, By Cosmetics Industry, 2020-2030F |
6.2.5 India Ginger Market Revenues & Volume, By Others, 2020-2030F |
6.3 India Ginger Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Ginger Market Revenues & Volume, By Traditional Retail, 2020-2030F |
6.3.3 India Ginger Market Revenues & Volume, By Modern Retail Stores, 2020-2030F |
6.3.4 India Ginger Market Revenues & Volume, By Others, 2020-2030F |
7 India Ginger Market Import-Export Trade Statistics |
7.1 India Ginger Market Export to Major Countries |
7.2 India Ginger Market Imports from Major Countries |
8 India Ginger Market Key Performance Indicators |
9 India Ginger Market - Opportunity Assessment |
9.1 India Ginger Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Ginger Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 India Ginger Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Ginger Market - Competitive Landscape |
10.1 India Ginger Market Revenue Share, By Companies, 2023 |
10.2 India Ginger Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |