Us Galangal Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Galangal Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The US Galangal market is experiencing significant growth as the demand for this unique spice continues to rise. Galangal, a root closely related to ginger, is primarily used in Southeast Asian cuisine, renowned for its distinctive, citrusy flavor and medicinal properties. In the US, its popularity has surged in recent years, driven by a growing interest in global culinary traditions and the increasing recognition of its health benefits.
Key drivers of this market expansion include the growing interest in Thai, Indonesian, and Malaysian cuisine, where galangal is a staple ingredient. As Americans become more adventurous in their cooking, they are incorporating exotic spices like galangal into their recipes, which has spurred an increase in demand. This demand is not just limited to households; restaurants and food service businesses are also adopting galangal in their dishes to cater to a more diverse clientele.
Additionally, the health-conscious American population has started to take note of galangal's potential benefits. Known for its anti-inflammatory and antioxidant properties, galangal has been traditionally used to treat a variety of ailments, including digestive issues and inflammation. The rising trend of natural and herbal remedies further boosts its market appeal as consumers seek alternatives to synthetic medications.
The US Galangal market also benefits from the growth of specialty food stores and online retailers offering galangal, making it more accessible to the average consumer. With advancements in shipping and preservation technologies, galangal, which is typically imported, is now more readily available in its fresh, powdered, or dried forms. These retail innovations are helping the spice reach a broader audience, further contributing to its growing market share.
While the market continues to grow, challenges remain, particularly in the form of supply chain disruptions and competition from other spices. However, the unique flavor profile and health benefits of galangal position it well to continue thriving in the US market. As culinary trends continue to evolve, the US Galangal market is expected to expand, attracting more consumers seeking both culinary and wellness benefits from this exotic root.
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Ecospice
Linyi Kangqu Imp&Exp Co.
Ltd
Hefei Top Industry Chemical Co.
Ltd.
Thai World Imp. & Exp. Co.
Ltd.
Regency Spices
Curio Spice Company
Essential Oils Company
SA Herbal Bioactives
Woodland Foods
Steenbergs
Gupta Trading Company
Great American Spice Company
India Essential Oils
Berje Inc.
Botanic Healthcare
SVA Naturals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Galangal Market
Food Industry
Pharmaceuticals
Cosmetics and Personal Care Products
Food Supplements
Online Stores
Retail Outlets
Wholesale Distributors
Whole Galangal
Galangal Slices
Galangal Powder
Galangal Extracts
Household Use
Commercial Use
Organic Galangal
Conventional Galangal
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Galangal Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Galangal Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Galangal Market, By Type
6. Global Galangal Market, By Application
7. Global Galangal Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Galangal Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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