Dried Ginger Candy Market Scope
Dried ginger candy is a ginger root that has been dried and preserved with a sugar coating. It is sweet-spicy, chewy, and crunchy is widely used in various food dishes. Since ancient times, ginger is used in traditional medicines to cure various diseases. However, it is also used in tea in ancient countries mostly in India to give some spicy flavor. Dried ginger candy is the best substitute for fresh ginger as it can be stored more compared to fresh ginger. Direct consumption of dried ginger candy helps to improve digestion, curb pain from nausea, loss of appetite, motion sickness, and is most effective in cold.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Leeve Dry Fruits (India), Urban Platter (India), Meira Foods (India), Reed's, Inc. (United States), NOW Foods (United States), Anna and Sarah (United States), Herbaila (United States), Next Organics (United States) and SUNBEST (India) |
CAGR | % |
The market is niche and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Dried Ginger Candy market throughout the predicted period.
Leeve Dry Fruits (India), Urban Platter (India), Meira Foods (India), Reed's, Inc. (United States), NOW Foods (United States), Anna and Sarah (United States), Herbaila (United States), Next Organics (United States) and SUNBEST (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Dried Ginger Candy market by Type , by Application (Culinary, Medicinal, Beverages and Direct Consumption) and Region with country level break-up.
On the basis of geography, the market of Dried Ginger Candy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Influencing Trend:
Increasing Use of Ginger Candy in the Beverages Such As Cocktails, Iced Tea, Etc.
Market Growth Drivers:
High Consumption of Dried Ginger Candy in the Culinary and Baked Foods to Give Spicy Flavor and Surging Demand of Ginger Candy for Direct Consumption
Challenges:
Growing Adoption of Homemade Crystallized Ginger Candies
Restraints:
Allergic Reaction Due to Ginger or Ginger Products in Some People May Restraint the Growth
Opportunities:
Adoption of Dried Ginger Candy as Medicinal Herb
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Dried Ginger Candy Manufacturers, Suppliers and Distributors of Dried Ginger Candy, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others