Industry Background:
Garlic extract is available in powder, paste, oil, and granulated form, it is prepared by grinding garlic with double distilled water. The extract is used in food products, pharmaceuticals, and cosmetics products, it consists of various beneficial components for the body. The garlic extract is also used in tonics and cold prevention medicinal supplements. It helps in controlling blood pressure, stomach aches, and prevents tick bites.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | McCormick & Company (United States), Dabur India Ltd (India), NOW Foods (United States), Mars (Australia), Nilon's (India), Allicin Pharm (China), Kelpak (South Africa), Pharmactive Biotech Products, S.L. (Spain) and Wuxi Cima Science Co., Ltd (China) |
This growth is primarily driven by Increasing Demand for the Health Beneficial Food Products and Growing Demand for Garlic Extract in Pharmaceuticals.
Globally, a noticeable market trend is evident Availability of Garlic Extract in Various Packaging Size According to Applications Major Vendors, such as McCormick & Company (United States), Dabur India Ltd (India), NOW Foods (United States), Mars (Australia), Nilon's (India), Allicin Pharm (China), Kelpak (South Africa), Pharmactive Biotech Products, S.L. (Spain) and Wuxi Cima Science Co., Ltd (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Developments in the Market:
In November 2023, Sabinsa Corp introduced its new aged garlic ingredient during October’s SupplySide West trade show in Las Vegas. Importantly, the company said, this aged garlic is standardized to ensure a content of 0.5% S-allycysteine (SAC), the ingredient’s active constituent, a boon for cardiovascular-health supplement manufacturers looking for a high-quality aged-garlic ingredient. The ingredient provides the benefit associated with aged garlic, notably that the harsh smell of garlic is reduced compared to fresh garlic.
On 14th January 2020, Pharmactive Biotech Products S.L. introduces its new generation of aged black garlic extract for functional food applications and the culinary market, launched under the brand ABG10+. The extract is obtained from fresh garlic (Allium Sativum L.) that has been aged, a process that alters the physicochemical properties of garlic resulting in profoundly enhanced antioxidant and cardioprotective properties.
Regulatory Insights:
"Garlic is rich in minerals like phosphorus, potassium, magnesium, zinc, calcium, and iron as well as trace minerals like iodine, sulfur, and chlorine. USDA National Nutrient Database says Garlic is a source of vitamins like folate, thiamine, niacin, and vitamin C, A, K, and B6. To get the full nutritional benefits of Garlic we need to buy them fresh and free from any contamination. For these reasons, the Food Safety and Standards Authority of India (FSSAI) came out with standards in the Food Safety and Standards (Food Products Standards and Food Additives) Regulations, 2011."
Influencing Trend:
Availability of Garlic Extract in Various Packaging Size According to Applications
Market Growth Drivers:
Increasing Demand for the Health Beneficial Food Products and Growing Demand for Garlic Extract in Pharmaceuticals
Challenges:
Availability of Substitute Products of Garlic Extract will Hinder the Market
Restraints:
Allergy-Related Risks Associated with Garlic Extract
Opportunities:
Surging Demand for Garlic Extract in Nutraceutical Products and Cosmetics Products
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Garlic Extract Market
- Analysis about New Entrants in Garlic Extract Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Garlic Extract Study Sheds Light on
The Garlic Extract Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Garlic Extract industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Garlic Extract industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.