Press release
Garlic Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Garlic Market
Global garlic market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024.
Market Outline: Garlic Market
Garlic is used as flavoring agent in food products and traditional medicine. Garlic has several health benefits such as carminative, anti-rheumatic, and digestive properties. Moreover, it is used to combat the cough and cold, treat the intestinal issues and Alzheimer’s among others.
Market Dynamics: Garlic Market
Increase in the demand for processed food and rise in production of garlic is a major factor drives the growth of global garlic market. Moreover, several health benefits of garlic such as anti-hypertensive and intestinal issues, low cost of garlic, preservative properties of garlic, and manufacturing of garlic products by market players for convenient usage are anticipated to fuel the global garlic market over the forecast period. However, cost fluctuations of garlic due to environmental hazards, adverse effects of garlic such as diarrhea and allergic reactions, and addition of artificial preservatives are anticipated to restrain the growth of global garlic market over the forecast years.
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Market Scope: Garlic Market
Garlic market is segmented based on the product type, form, application, and distribution channel
Based on the product type, the market is segmented into the following:
• Hard Neck Garlic
• Soft Neck Garlic
Based on the form, the market is segmented into the following:
• Dehydrated
• Fresh
• Preserved/Canned
• Frozen
Based on the application, the market is segmented into the following:
• Soups and Dressings
• Bakery Products
• Meat & Poultry products
• Culinary
• Others
Based on the distribution channel, the market is segmented into the following:
• Supermarkets and Hypermarkets
• Departmental Stores
• Online Channels
• Others
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Regional Analysis: Garlic Market
Geographically, global garlic market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America garlic market is expected to grow at significant growth rates due to increase in the demand for processed food products, rise in production of garlic in U.S., and innovation of newer garlic products by market players are anticipated to fuel the market. Europe garlic market is driven owing to increase in the international trading of garlic, rise in consumption of fast food and bakery products, and increase in the garlic production in Spain, Italy, and Netherlands are fuel the market. However, Asia Pacific garlic market has a lucrative growth attributed to increase in the consumption of garlic as traditional medicine, rise in production and export of garlic from China, and rise in population preferring the processed food products are expected to propel the market.
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Competition Assessment: Garlic Market
Some of the players in the global garlic market include:
• South West Garlic Farm (UK)
• The Garlic Company, LLC (U.S.)
• California Garlic Company (U.S.)
• Italian Rose Garlic Products Inc. (U.S.)
• Mcfadden Farm (U.S.)
• Filaree Garlic Farm (U.S.)
• Atmiya International (India)
• Shandong Liancheng Garlic Industry Co., Ltd (China)
• Monterey Bay Spice Company Inc. (U.S.)
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