Garlic Market: Culinary is Likely to Emerge as One of the Largest Application?

Posted by Arslan on February 6th, 2019

According to the report by Fact.MR, the global garlic market is likely to experience moderate CAGR. The garlic market is projected to bring in US$ 19,488.2 million revenue by the end of 2022. Garlic is a common ingredient used while preparing various foods to enhance the taste and also being consumed in a fresh form due to various health benefits offered. Garlic market players are also studying various methods to retain all the antibiotic properties of garlic even after processing it or mixing it with other foods.  

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https://www.factmr.com/report/303/garlic-market

Consisting anti-rheumatic, carminative and digestive properties, garlic is consumed all over the world in form of an ingredient in various cuisines. Garlic is used mostly in cooking as it softens its pungent flavor, roasted garlic is also being consumed as it balances the flavor by offering nutty and delicate flavor. A fresh and raw form of garlic is consumed more than the other forms as the raw garlic is effective in cold and flu, high blood pressure, heart diseases, it is considered as one of the best antibiotics for fungal and bacterial infections. Manufacturers are also focusing on retaining maximum benefits and taste offered by raw garlic even after converting it into a paste or powdered form. The major market players are also focusing on infusing garlic with oil to produce flavored oil. Garlic is also being used as a meat and fish preservative, offering long shelf-life to these foods. Restaurants and fast food chains also use fresh garlic as it enhances the taste of the food.

Garlic in Fresh Form to be Highly Preferred

Among various forms of products available in the garlic market such as frozen, dehydrated, canned or preserved, fresh form of garlic is likely to be the most preferred variant. Garlic in fresh form is projected to surpass US$ 11,100 million revenue towards the end of 2022. On the other hand, garlic in dehydrated form is also likely to experience moderate growth in garlic market through 2022.

Garlic to Find Largest Application in Culinary

Culinary is likely to emerge as one of the largest application in the garlic market. Culinary is projected to surpass US$ 8,800 million revenue in garlic market by 2022-end. It is also expected to gain over two-fifth revenue share in garlic market in 2017.

Competition Tracking

The report provides a detailed profile of the key companies playing a major role in the growth of the garlic market through 2022, which include Italian Rose Garlic Products Inc., The Garlic Company, California Garlic Company, Mcfadden Farm, Mr. Lucky, Monterey Bay Spice Company Inc., Filaree Garlic Farm, Shandong Liancheng Garlic Industry Co., Ltd, Atmiya International, and South West Garlic Farm.

Asia Pacific Excluding Japan (APEJ) is expected to emerge as one of the biggest markets in the global garlic market. Witnessing a steady growth rate during the forecast period, APEJ garlic market is estimated to exceed US$ 8,200 million value by 2022 end. China and India are the two highest garlic producing countries in the APEJ region. Moreover, initiatives by the government in both the countries are also supporting the garlic production.