Garlic Market Overview
The garlic market is poised for steady growth, with its global valuation reaching USD 22.45 billion in 2023. With a projected compound annual growth rate (CAGR) of 4.30%, it is expected to expand to USD 30.15 billion by 2030. Garlic has a long-standing role in global cuisines, offering flavoring and medicinal benefits. The market’s growth is driven by increasing consumer interest in healthy foods, the expanding use of garlic in various food products, and its medicinal properties.
Market Scope & Drivers
The garlic market has experienced a surge in demand, particularly after the COVID-19 pandemic. During lockdowns, consumers turned to garlic as an immune-boosting food ingredient, driving its popularity. Garlic’s renowned health benefits, including its antibiotic properties and ability to reduce inflammation, support heart health, and boost immunity, have contributed significantly to its growing use in the pharmaceutical and wellness sectors.
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Market Trends
Key trends shaping the garlic market include increasing demand for convenience and functional food. Manufacturers are focusing on innovations that preserve garlic’s nutrients, offering new forms such as dehydrated, frozen, and preserved garlic, which extend the shelf life of the product. Research on retaining garlic’s natural properties while enhancing its usability in processed foods also continues to thrive.
Segmentation
- By Product Type:
- Hard Neck Garlic: Known for its structural strength and suitability for cold climates, this type is expected to remain a key player in the market.
- Soft Neck Garlic: Often used in milder climates, this type holds a significant share in global production and consumption.
- By Form:
- Fresh Garlic: The most popular form, valued for its rich aroma and retention of nutrients.
- Frozen Garlic, Dehydrated Garlic, and Preserved Garlic: These variants are gaining traction as they offer convenience without compromising the nutritional value.
- By Application:
- Culinary: Garlic is an essential ingredient in numerous cuisines globally, making this segment the dominant driver of market demand.
- Food Dressings: Garlic-based sauces and dressings continue to grow, driven by consumer interest in gourmet flavors.
- Snacks & Convenience Foods: The demand for garlic-flavored snacks has been increasing, with manufacturers offering new and convenient garlic-based products.
- Meat & Poultry Products: Garlic is a key ingredient in marinades, sauces, and processed meats, contributing to its market growth in this sector.
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Regional Analysis
- Asia Pacific: Leading the garlic market, particularly driven by China, the world’s largest garlic producer and exporter. Garlic holds cultural significance across Asia, contributing to its widespread cultivation and consumption.
- North America: The United States and Canada are major consumers of garlic, particularly in fast foods, seasonings, and convenience foods.
- Europe: Garlic is a staple in many European kitchens, and demand remains strong across various applications, particularly in Italy, France, and Spain.
- South America: While relatively smaller, the garlic market in Brazil and Argentina is growing steadily due to increasing health awareness.
- MEA (Middle East and Africa): The garlic market is witnessing growth in countries such as South Africa and Egypt, where garlic is used both in cooking and traditional medicine.
Key Players
The garlic market features several major players contributing to its growth, including:
- Italian Rose Garlic Products Inc. (US)
- The Garlic Company LLC (US)
- California Garlic Company (US)
- Shandong Liancheng Garlic Industry Co. Ltd (China)
- McCormick & Company, Inc. (US)
- NOW Foods (US)
- Dabur (India)
- Monterey Bay Spice Company Inc. (US)
- Mr. Lucky (US)
- Filaree Garlic Farm (US)
Key Questions Answered
- What factors are driving the growth of the garlic market?
- How are garlic’s health benefits influencing consumer demand?
- What are the key regional markets for garlic?
- Which product types and forms of garlic are experiencing the most growth?
- How is the competitive landscape in the garlic market evolving?
Conclusion
The garlic market is on a positive growth trajectory, supported by its expanding use in culinary, pharmaceutical, and health food industries. With increasing innovations in garlic preservation and processing, the market is set to thrive, particularly in regions where garlic is a dietary staple. Companies that adapt to consumer trends and focus on the health benefits of garlic are expected to lead in this competitive space.
For further insights and detailed analysis, please refer to the complete market report:https://www.stellarmr.com/report/Garlic-Market/1043
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
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