Garlic Extract Market Size was valued at USD 12.35 billion in 2023. The Garlic Extract market industry is projected to grow from USD 12.82 Billion in 2024 to USD 16.64 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.32%during the forecast period (2024 - 2032). Increased attributes of health benefits and increasing consumer preference for functional foods are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Garlic extract is a versatile ingredient with diverse applications across several industries. It is broadly used in the food and beverage sector to impart a distinct garlic flavor to various culinary preparations. Additionally, the pharmaceutical industry harnesses the potential health benefits of garlic extract, incorporating it into dietary supplements and herbal medicines due to its antimicrobial, anti-inflammatory, and antioxidant properties. The cosmetic and personal care industry also embraces garlic extract for its potential skin-enhancing properties. As awareness of the health benefits linked with garlic grows, the garlic extract market is experiencing a positive trend. Furthermore, the demand for natural and organic ingredients across industries has expanded the market. Manufacturers are exploring innovative extraction techniques and Product formulations to cater to evolving consumer preferences, aiming to strengthen the market CAGR.
Additionally, garlic extract is widely used as a flavor enhancer in various fast food dishes, including pizza, noodles, and pasta. With the increasing popularity of fast food, the demand for garlic extract has also increased. This can be attributed to several factors, such as the rising preference for functional foods among consumers, decreased concerns about food safety and quality, advancements in extraction technologies, and changes in labeling requirements due to legislation. garlic production is projected to experience a Compound Annual Growth Rate (CAGR) of 2.8% and reach 26.2 million tonnes by 2022. This growth is due to the escalating demand for garlic's key functional properties, including antioxidation, antioxidant protection, anti-inflammatory activity, and other health benefits. The garlic extract market is a lucrative industry that is experiencing rapid expansion. Its significance is further heightened by the advantages it offers to consumers. Garlic extract has been a potent source of antioxidants and other beneficial compounds for centuries. It is considered one of the most effective supplements for overall health and wellness. Thus, driving the Garlic Extract market revenue.
Based on product, the garlic extract market segmentation includes form, powder, granulated, oil, paste, and others. The powder segment dominated the market; powdered garlic extract provides convenience and simplicity. It can be easily measured and added to various culinary creations, making it a favored option for food manufacturers and individuals. Additionally, powdered garlic extract has a lengthier shelf life than other forms, enabling effortless storage and preservation. Furthermore, this form of garlic extracts showcases versatility in its usage, finding application in a diverse range of food and beverage items. Whether it is seasoning blends, sauces, soups, or marinades, the powdered form ensures consistent and even distribution of flavors. This uniformity contributes to its widespread appeal among both food manufacturers and individuals.
Based on application, the Garlic Extract market segmentation includes Pharmaceuticals, Cosmetics, Food, and Beverages. The food and beverage segment dominated the market; Garlic extract is greatly prized for its unique taste and scent, making it a highly sought-after element in the realm of cooking. Its adaptability enables its inclusion in various food and drinks items, such as sauces, dressings, marinades, seasonings, and pre-prepared meals. Furthermore, garlic extract is utilized in the food and beverage industry as a preservative. By restraining the growth of specific microorganisms, garlic extract assists in extending the lifespan of products and preserving their freshness. This characteristic proves particularly beneficial in the creation of processed and packaged foods.
The Garlic Extract market segmentation, based on distribution channel, includes store- and non-store-based. The store-based segment dominated the market; store-based distribution channels typically provide various garlic extract products from various manufacturers. This extensive assortment allows consumers to select from multiple brands, forms (e.g., powder, granulated, oil, paste), and packaging sizes, empowering them to compare products and make well-informed choices based on their preferences. Moreover, store-based distribution channels frequently offer personalized customer service, with a knowledgeable staff available to assist customers with product suggestions, usage instructions, and addressing any queries.
Figure1: Garlic Extract Market, by Distribution channel, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American Garlic Extract market will dominate, owing to garlic extract as a flavoring and seasoning agent in various food products, boosting the market growth in this Region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: GARLIC EXTRACT MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Garlic Extract market accounts for the second-highest market share due to the rising consumer demand for functional foods. Further, the German Garlic Extract market held the largest market share, and the U.K. Garlic Extract market was the fastest-growing market in the European Region.
The Asia-Pacific Garlic Extract Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to expanding awareness of a healthy lifestyle and the attributes Of Health benefits. Moreover, China’s Garlic Extract market held the largest market share, and the Indian Garlic Extract market was the highest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the Garlic Extract market, grow even more. Market players are also engaging in different strategic initiatives to broaden their international presence, with significant market advancements encompassing the introduction of new products, contractual agreements, mergers and acquisitions, increased investments, and partnerships with other entities. The Garlic Extract sector must provide cost-efficient offerings to thrive and expand in an increasingly competitive and growing market landscape.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s use in the Garlic Extract industry to benefit clients and increase the market sector. The Garlic Extract industry has offered some of the most significant medical advantages in recent years. Major players in the Garlic Extract market, including McCormick & Company, Inc., NOW Foods, Mars Incorporated, Woolworths Limited., NILON'S, Dabur., and others, are attempting to increase market demand by investing in research and development operations.
Daiya Foods Inc. is a food company in Burnaby, British Columbia, Canada. Since its establishment in 2008, Daiya has been dedicated to providing dairy-free, vegan, gluten-free, and soy-free alternatives. Among its wide range of products, Daiya offers dairy-free cheese. Recently, Daiya introduced a new flavor, Roasted Garlic & Herbs, for its plant-based cream cheese line. This cream cheese is crafted with roasted garlic, flavorful herbs, and indulgent coconut cream.
Pharmactive Biotech Products, S.L.U. is a privately-owned company based in Spain. They specialize in developing and producing unique natural ingredients that have been scientifically proven. These innovative ingredients are accessible to other companies in the Nutraceutical, Pharmaceutical, and Veterinary industries for marketing and distribution. Recently, Pharmactive introduced a new product called ABG 10+, an aged black garlic extract specifically designed for functional food applications.
Garlic Extract Industry Developments
January 2022: Daiya, a brand known for its dairy-free cheese, unveiled its newest cream cheese flavor, Roasted Garlic & Herbs. This delectable variety is made with authentic roasted garlic, flavorful herbs, and rich coconut cream. It joined Daiya's revamped line of plant-based cream cheese options.
January 2020: Pharmactive Biotech Products, a Spanish supplier of ingredients, introduced a specialized aged black garlic extract for use in functional foods. This innovative Product, named ABG 10+, was designed to enhance the nutritional value of various food applications.
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