Garlic extract, a condiment agent used as an ingredient in food as well as pharmaceutical preparations. Garlic extract is derived from garlic, which is predominantly cultivated in mainland China and India, and is traded globally. Since, the ingredient is used as condiment and flavoring agent in food industry, the growth in demand for garlic extract has higher correlation with the performance of overall food and beverages industry. Apart from condiment agent in food, garlic extract is also used in pharmaceutical formulation. Attributed to its health benefits which includes its effectiveness in many ailments associated with heart and blood system, the product has witnessed increased traction in global market.

On the backdrop of continuous increase in demand for the ingredient from food and beverages, and pharmaceutical industry, existing ingredient producers included garlic extracts in their product portfolio and stimulated the global garlic extract market. Global garlic extract market is characterized by fragmented number of players, largely operating in regional markets. However, a few multinational players are strengthening their distribution network to increase market foothold in markets that has high potential and are unorganized.

Garlic Extract Market Segmentation:

Garlic extract market is segmented on the basis of applications as:

  • Pharmaceutical market
  • Food market
    • Culinary market
    • Dairy market
    • Bakery market
    • Spices, seasoning and condiment market
    • Sausage market
  • Cosmetics market

Garlic extract contains a compound known as allicin, which has potent medicinal properties. Apart from this Garlic extract has anti-fungal and anti-bacterial properties, thereby increasing the pharmaceutical market for Garlic extract.

Moreover, Garlic extract market is also segmented on the basis of product form as

  • Powder
  • Paste
  • Oil
  • Granulated

Furthermore, Garlic extract market is also segmented on the basis of distribution channel as

  • Supermarket/hypermarket
  • Speciality stores
  • Online sales
  • Retail stores

Garlic Extract Market Regional Overview:

Garlic extract has traditionally been produced and used in China for centuries and it has been a common ingredient in Mediterranean. Garlic extract is an important component for several dishes of many regions, which includes South Asia, eastern Asia, Southeast Asia, the Middle East, southern Europe, northern Africa, and parts of Central and South America. In the north-American region the U.S.A. is prominent consumer for Garlic extract. The U.K. and the Netherlands are the major consumers for garlic extracts in Western Europe. The market for garlic extract is expected to show considerably high growth rate in North American and European region, as recently there has been an increase in popularity for garlic flavor in these regions. In Asia-Pacific region India and China are major consumers for Garlic extract.

Garlic Extract Market Drivers:

Garlic extract has a unique pungent and spicy flavor which promotes its usage as condiment and seasoning agent around the globe. Garlic extract is a key flavoring agent for fast foods such as pizza, noodles, garlic bread etc., and there has been an increase the demand for fast food globally, thereby increasing the market for Garlic extract.

Garlic extract has anti-fungal and anti-bacterial properties which is promoting its use among athletes for Jock itch or athlete's foot, which is caused by ring worm. Garlic extract is used in shampoo and other cosmetic products for the same reason.

Garlic Extract Market Restraints:

Garlic extract causes bad breathe, and body odor which decreases its popularity among the consumers and this significantly restrains the market growth for garlic extract. Apart from this garlic extract is known to instigate allergies in a lot of people and it is also reported to cause burns when applied topically over the skin resulting in hindrance for garlic extract market growth.

Garlic Extract Market Key Players:

Some of the key players of garlic extract market are Now Foods, McCormick, Mars, Incorporated, Woolworths Limited, Nilon's, Dabur, and others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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