Garlic Oil Market Scope
Garlic oil is nothing but an important oil of the plant family liliaceae. A garlic bulb is composed of 4-20 pungent bulblets commonly called as cloves. The bulbs or cloves of the common garlic (allium stivum liliaceae) have been used since antiquity, significantly, in mediterranean countries, as a popular prophylactic and curative against all types of intestinal ailments. It is well known fact that whole (undamaged) bulbs of garlic possess a comparatively weak odour. but when split or crushed, the bulbs emit their well known powerful and unpleasant odour, due to an essential oil consisting chiefly of disulfides.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Athelas Neutraceuticals, Biofinest, Jansal Valley, La Tourangelle, Stonewall, GNC, Roland, Nature's Answer, KAL and Nature Made |
CAGR | 6.2% |
There are various companies that are exploring the market opportunities by investing in the new treatment and also expanding their footprints in new geographic regions by adopting various strategic initiatives such as mergers & acquisitions, expansions, investments, new product launches, and others.
Athelas Neutraceuticals, Biofinest, Jansal Valley, La Tourangelle, Stonewall, GNC, Roland, Nature's Answer, KAL and Nature Made are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Garlic Oil market by Type , by Application (Cooking, Health Care, Spa & Relaxation and Others) and Region with country level break-up.
On the basis of geography, the market of Garlic Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2023, Chr. Hansen, a Danish bioscience company, partnered with Chinese garlic producer, Shandong A, to develop and market new garlic-based flavor solutions for the food industry.
In April 2023, ADM launched a new line of organic and expeller-pressed garlic oils, catering to the growing demand for natural and minimally processed food ingredients.
Influencing Trend:
Increasing R&D in Pharmaceuticals
Market Growth Drivers:
Increasing Use in Food and Pharmaceuticals Industry
Challenges:
Covid-19 Impact on Logistics
Restraints:
High Cost of Product
Opportunities:
Untapped Market of Emerging Nations
Key Target Audience
Material suppliers/wholesalers, Market Distributors/traders, Regulatory bodies, Research organizations, and consulting firms, Commercial research & developments (R&D), Trade associations and industry bodies, Importers and exporters and End-use industries