Garlic Market Is Predicted to Increase at a Healthy 5.2% CAGR by 2033

As per the latest study by Fact.MR, the global garlic market accounts for a value of US$ 21.59 billion in 2023 and is estimated to reach US$ 35.85 billion by 2033-end. Worldwide sales of garlic are forecasted to increase at 5.2% CAGR over the next ten years, which is higher in comparison to the 3.8% CAGR recorded for the 2018 to 2022 historical period.

Garlic has been known as a popular staple in multiple cuisines in various parts of the world and this trend is still one of the most influential aspects governing garlic sales at present. The surging popularity of garlic-heavy cuisines such as Indian, Middle Eastern, and Mediterranean is also anticipated to favour market development over the coming years.

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The readability score of the Garlic Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers. 

This Garlic market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Garlic along with key stakeholders as well as emerging players associated with the manufacturing of product.

Competitive landscape:

Top-tier garlic suppliers are focusing on uncovering the secrets of garlic consumption benefits to help them maximize their sales potential by marketing these new-found benefits.

• In January 2022, Olam Food Ingredients (OFI), a subsidiary of agribusiness giant Olam, announced that it had partnered with Brightseed, a biotechnology company based in the United States to uncover new health applications for pepper and garlic. OFI aimed to achieve this by utilizing Brightseed’s AI-powered Forager platform that had the potential to identify the compounds in crops.

Garlic manufacturers are also anticipated to benefit from the frequent launch of new garlic-flavored products as they will need to supply garlic products to these companies to achieve the desired taste.

• Daiya, a dairy alternative organization based in Canada, announced the launch of its new cream cheese flavor called Roasted Garlic & Herbs made from real pieces of roasted garlic and coconut cream in January 2022.

Key Companies Profiled:

• California Garlic Company
• Italian Rose Garlic Products Inc.
• Mcfadden Farm
• Mr. Lucky
• The Garlic Company LLC
• Atmiya International
• South West Garlic Farm
• Monterey Bay Spice Company Inc.
• Shandong Liancheng Garlic Industry Co. Ltd.
• Filaree Garlic Farm

Key Segments Covered in Garlic Industry Research:

·         By Form :

• Fresh Garlic

• Dehydrated Garlic

• Frozen Garlic

• Preserved/Canned Garlic

·         By Product Type :

• Hard Neck Garlic

• Soft Neck Garlic

·         By Application :

• Culinary Applications

• Soups, Sauces, & Dressings

• Snacks & Convenience Foods

• Bakery Products

• Fast Food Restaurant Chains

• Meat & Poultry Products

• Other Applications

·         By Region :

• North America

• Latin America

• Europe

• APAC

• MEA

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How will be insights and market estimations provided in the Fact.MR report on the Demand of Garlic make a difference?

• The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
• The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
• The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
• Provides scrutiny of the industry trends that have shaped recent government policies
• Provides an account of major breakthroughs in all segments that might change the course of the market considerably
• Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Garlic  Market
• Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
• Evaluates the role of various stages of funding on new growth avenues in key regional markets

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