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Garlic Extract Market 360’ Report And Competitor Analysis
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Market Synopsis of Garlic Extract Market:
The garlic plant has long been considered as a beneficial plant for health which is the main reason of its consumption worldwide. The substitute use of garlic is often facilitated by garlic extract which has high antioxidant properties. It is a condiment used as an ingredient in food industry. It is used as an important component in various cuisines. Moreover, garlic extract has anti-fungal and anti-bacterial properties for which it is used as a part of pharmaceutical formulations as well. Additionally, it has witnessed increased traction owing to its health beneficial attributes associated with ailments of heart and blood systems. Additionally, it is used as an additive in shampoos and other cosmetics.
Garlic extract has diverse application in food, pharmaceuticals and personal care industries. It has a peculiarly spicy and pungent flavor, which makes it widely preferred to be used in the food industry. Moreover, it is used as an important flavoring agent in the preparation of fast foods such as pizza, noodles, pasta, and many more. Additionally, the consumption of fast food is increasing resulting in the growth of the garlic extract market. Apart from being a flavoring agent, it holds many health beneficial properties such as reducing cholesterol, strengthening the immune system and many more. These properties have supported its use in functional beverages as well, thus expanding its market.
Furthermore, garlic extract has anti-fungal and anti-bacterial properties for which it is being used in medical sector for the treatment of athlete’s foot, caused due to infection by ring worm. It also attributes to ailments associated with heart and blood systems which has increased its acceptance in pharmaceutical industry. However, some consumers are allergic to garlic which act as a restraint for the growth of garlic extract market.
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• Food and beverage industry
• Personal care product manufacturers
• Retailers and wholesalers
• Traders, importers and exporters
• Food industry is observing high application of garlic extract.
• China, Spain, Argentina, India and the Netherlands are the major producers and exporters in the garlic extracts market.
Garlic extract is segmented on the basis of product form such as powder, granulated, oil, paste and others. Among all, paste form of garlic extract is dominating the market. It is used as one of the primary cooking ingredient which gives distinctive flavor and aroma of freshly ground garlic in the food.
On the basis of application, garlic extract is segmented as pharmaceuticals, cosmetics, and food and beverage industry including culinary market, sausage, beverage, spices, seasoning, condiment, and others. Among all, food and beverage market is dominating the market by its usage in different product lines. It is an important ingredient used in cooking, adding flavor as well as health benefits in the food products. Based on the distribution channel, it is segmented as store-based and non-store based. Store-based distribution channel dominates the market owing to one stop shopping experience.
The global garlic extract market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific market is dominating the garlic extract market. In Asia Pacific, China and India are major consumers of garlic extract. It is used as a basic ingredient for the preparation of different cuisines in these regions. Moreover, North America is witnessing growth in garlic extract market owing to increased consumer likeness in the U.S. region.
Furthermore, in Europe, countries that are prominent consumers of garlic extract are U.K. and the Netherlands. Moreover, increased popularity among consumers for garlic flavored food products is expected to flourish the growth of garlic extract market in the rest of the world.
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Some of the key players profiled in the global garlic extract market are McCormick & Company, Inc. (U.S.), NOW Foods (U.S.), Mars Incorporated (Australia), Woolworths Limited. (Australia), NILON'S. (India), Dabur (India)
The global garlic extract market is segmented under the following regions
• Rest of Europe
• Rest of Asia Pacific
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Rest of the world
• South Africa
The report for global garlic extract market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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