Garlic Extract Market Research Report includes various topics like total Market Size, Industry Share, Key Market Drivers, Challenges, Growth Opportunities, Growth, Demand, Outlook etc. Furthermore, it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability.
Garlic extract is invariably used in the food industry. They find usage as condiments and seasonings on account of its unique flavor profile which adds a distinct taste to food products. In addition, it is aligned with several health benefits which include strengthening of the immune system, reduction of cholesterol, and others have contributed to demand for garlic extracts. Increasing awareness regarding the health benefits associated with garlic has generated huge demand for garlic extracts from various industries. Moreover, the consumption of garlic extracts is proven to keep heart and oncological disorders at bay. Aged garlic extracts are very popular among health-conscious consumers. Surging prevalence of cardiovascular diseases and obesity across the globe has increased the demand for garlic extracts.
Garlic has acquired the reputation of a functional food which has important dietary and medicinal roles. With the eventual realization of the functional properties of garlic, garlic extracts are experiencing heightened demand from various end-use applications. Market Research Future (MRFR) has thoroughly studied the key macro and micro-economic factors affecting the global garlic extracts market over the forecast period of 2017-2023 in its latest extensive study. MRFR has projected a CAGR of 3.7% in the garlic extract market during 2017-2023.
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Use of garlic as an ingredient in ancient Chinese and Indian medicine is widespread. Garlic is known to cure respiratory and digestive disorders, along with other diseases. Garlic extract is extensively used in the medicinal preparations due to its antioxidant, antimicrobial, and anti-cancer, and detoxification properties. Some of the common diseases known to be cured by garlic include arthritis, toothache, chronic cough, constipation, parasitic infestation, snake and insect bites, gynecologic diseases, and others. Garlic extracts are also used in the personal care industry which adds to the growth of the market. They are used as an additive in shampoos and other cosmetics.
Contrarily, the growth of the market growth might be hampered by allergies associated with garlic.
- McCormick & Company, Inc. (U.S.)
- Woolworths Limited. (Australia)
- Mars Incorporated (Australia),
- NOW Foods (U.S.),
- NILON’S (India),
- Dabur (India),
August 2018 – A team of researchers from Cardiff University along with a local South Wales company Neem Biotech, have recreated a garlic extract, ajoene, for the first time. The compound has been synthesized without garlic, and it has opened the possibility of producing the compound in large volumes at less cost. The new development has promising implications in the fight against antibiotic resistance.
The Global Garlic Extract Market has been segmented based on product form, application, and distribution channel.
By product form, the garlic extract market has been segmented into powder, granulated, oil, paste, and others. The paste segment is leading the market. Garlic extract in paste form is extensively used in culinary purpose as it adds a distinctive flavor and aroma in food.
By application, the garlic extract market has been segmented into pharmaceuticals, cosmetics, and food & beverage. The food & beverage segment has been further segmented into culinary, sausage, beverage, spices, seasoning, condiment, and others. The food and beverage segment are dominating the market as garlic extract finds widespread usage in the industry.
By distribution channel, the garlic extract market has been segmented into store-based and non-store based. The store-based distribution channel is the most preferred channel.
By region, the global Garlic Extract Market has been segmented into North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).
The APAC garlic extract market accounts for the majority share of the global market. The use of garlic is commonplace to the dietary patterns of the region. China and India are the key contributors to the APAC garlic extract market.
The North America and Europe garlic extract markets are driven by the growing popularity of garlic flavored foods in these regions. Moreover, persistent demand from the cosmetic and pharmaceutical industry is also auguring market growth.
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