Garlic has various health benefits, and this is the primary reason for its consumption worldwide. Garlic extract has high antioxidant properties and is produced from the garlic plant or garlic bulb. It is added as a flavoring agent and condiment in the food industry. Furthermore, garlic extract possesses anti-bacterial and anti-fungal properties, and hence garlic extracts find applications in pharmaceutical formulations. Also, it is used in shampoos and other cosmetics, which further helps in market expansion.
MARKET DYNAMICS
The growth of garlic extracts is directly proportional to the growth of the food industry. Garlic extracts are a vital flavoring agent in various cuisines. Besides, the increasing consumption of fast food across the globe is further resulting in the garlic extract market's development. Moreover, the market is gaining immense momentum due to its beneficial health attributes such as lowering cholesterol, strengthening the immune system, and others.
MARKET SCOPE
The "Global Garlic Extract Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the garlic extract market with detailed market segmentation by form, application, and geography. The global garlic extract market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading garlic extract market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global garlic extract market is segmented on the basis of form and application. On the basis of form, garlic extract market is segmented into powder, oil, paste, and capsules. On the basis of application, market is segmented into food and beverage, cosmetics and personal care, and pharmaceuticals.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global garlic extract market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The garlic extract market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the garlic extract market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the garlic extract market in these regions.
MARKET PLAYERS
The reports cover key developments in the garlic extract market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from garlic extract market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the garlic extract market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the garlic extract market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bluebonnet Nutrition
- Herb Pharm
- HerbEra
- Lucky
- McCromick & Company Inc.
- NOW Foods
- OMEX
- Vitamaticusa
- Wakunaga of America, Co. Ltd
- Woolworths Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.