Garlic Market Overview
Garlic Market size was valued at US $ 22.45 Billion in 2023 and the total Market revenue is expected to grow at 4.30% through 2023 to 2030, reaching nearly US $ 30.15 Billion.
Garlic Market report examines the market’s growth drivers as well as its segments (Product Type, Form, Application and Region). Data has been provided by market participants, and regions (North America, APAC, Europe, MEA, and South America). This market study takes an in-depth look at all of the significant advancements that are currently occurring across all industry sectors. To provide key data analysis for the historical period (2018-2022), statistics, and presentations are used. The report examines the Garlic Market Drivers, Restraints, Opportunities, and Challenges. This SMR report includes investor recommendations based on a detailed analysis of the current competitive landscape of the Garlic Market
Market Forecast and Key Dynamics:
The garlic market has witnessed stable growth in the past with a growth in the market during the pandemic. The ingredient is used in traditional and fast-food recipes around the world leading to sustained demand in the market.
Pharmaceutical Applications: The medicinal properties of Garlic have been widely known to consumers. The immunity-boosting properties have been used to treat infections and make homely concoctions. Garlic is also recommended by the Arthritis Foundation to reduce inflammation and prevent cartilage damage. It can also help in controlling blood pressure and lowering the risk of cancer. These factors further boost the growth of the Garlic Market.
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Garlic Market Regional Insights
The Asia Pacific region dominated the market with a 46% share in 2023. Because APAC includes rising countries such as India, China, and Southeast Asia, the adoption rate of Garlic technology is likely to increase rapidly. Some of the primary motorists driving the growth of the Garlic market in this region include the increased usage of variable rate technology and smart irrigation controllers, as well as AI-based farm analytics services. The growing demand for livestock and aquaculture farm automation in this area is predicted to fuel the expansion of the Asia Pacific Garlic market. Farmers associations and community-based organisations play an important role in promoting sustainable agriculture in each country. Singapore’s market is likewise likely to expand significantly, as imports account for 91% of the country’s overall food consumption.
Garlic Market Segmentation
By Form: The Garlic Market can be segmented based on form into Fresh, Frozen, Dehydrated and Preserved Garlic. Fresh Garlic is the most preferred form of garlic because it retains the aroma and retains essential nutrients and vitamins. Manufacturers are looking at ways to preserve nutrients in preserved garlic. The preserved garlic market is also expected to experience moderate growth in the forecast period.
By Application: The market can be segmented into Culinary, Food Dressings, Snacks and Convenience Foods and Meat and Poultry Products based on application. The culinary segment is the largest market driver based on application and is expected to gain over 40% market share by 2030. Food Dressings is the second largest sub-segment and is also expected to experience substantial growth in market value over the forecast period.
Garlic Market Key Players
Italian Rose Garlic Products Inc. (US)
The Garlic Company LLC(US)
California Garlic Company (US)
Mcfadden Farm (US)
Mr. Lucky (US)
Monterey Bay Spice Company Inc. (US)
Filaree Garlic Farm (US)
Shandong Liancheng Garlic Industry Co. Ltd (China)
Atmiya International (India)
South West Garlic Farm (UK)
McCormick & Companv. Inc (India)
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Key questions answered in the Garlic Market are:
- What is Garlic?
- What was the Garlic market size in 2023?
- What is the growth rate of the Garlic Market?
- Which are the factors expected to drive the Garlic market growth?
- What are the different segments of the Garlic Market?
- What growth strategies are the players considering to increase their presence in Garlic?
- What are the upcoming industry applications and trends for the Garlic Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Garlic Market?
- What segments are covered in the Garlic Market?
- Who are the leading companies and what are their portfolios in Garlic Market?
- What segments are covered in the Garlic Market?
- Who are the key players in the Garlic market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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