Garlic Market Expected to Secure Notable Revenue Share during 2017-2022


According to a study by Fact.MR, the global garlic market is expected to experience moderate growth. The market is estimated to register 4.3% CAGR during the forecast period 2017-2022.


[UKPRwire, Sat Apr 13 2019] Garlic is closely related to the onion, leeks, and shallots as they all belong to a lily family. Garlic has a very strong, heated and pungent taste. It grows in the form of a bulb with cloves each covered with a papery skin. Raw garlic has a very powerful flavor, hence it is generally cooked or roasted to soften and balance its flavor. Along with offering flavor to various foods, garlic also offers some medicinal benefits, hence it is used to cure various health problems.

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Key players in the garlic marketare trying to make it convenient to use garlic in cooking by offering it in various forms such as powder, and paste. However, people still prefer to use garlic in its fresh form. In some of the regions, black garlic which is obtained from fresh garlic is also being consumed on a large scale as it is considered more beneficial than fresh garlic. In this process, fresh garlic is fermented for a period of time to convert it into black garlic. Meanwhile, garlic infused dipping oils are also being used as salad dressings and to add flavor to pastas, etc.

According to the report by Fact.MR, the globalgarlic marketis 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 playersare also studyingvarious methods to retain all the antibiotic properties of garlic even after processing it or mixing it with other foods.

Hard Neck Garlic- Top-Selling Product

Compared to the soft neck garlic, hard neck garlic is likely to emerge as the top-selling product in thegarlic market. Gaining nearly two-third revenue share of the garlic markettowards the end of 2017, hard neck garlic is projected to create incremental opportunity exceeding US$ 2,600 million during 2017-2022.

Garlic in Fresh Form to be Highly Preferred

Among various forms of products available in the garlicmarket 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.

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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 revenueshare in garlic marketin 2017.

Competition Tracking

The report provides a detailed profile of the key companies playing a major role in the growth of thegarlic 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.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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