Global Garlic Market: Brief Analysis of Products and Application Set to Attain Higher Position Through 2022

Posted on 2018-06-25 by Mark Hub in Food & Beverage // 0 Comments

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Rockville, US, 2018-Jun-25 — /EPR Network/ — A fresh study, covering “Garlic Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the food market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “market”.

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According to a study by Fact.MR, the global garlic market is expected to experience moderate growth. The market is estimated to register 4.3% CAGR during the forecast period 2017-2022. Due to the increasing consumption of garlic as an ingredient in various foods and also being used as a traditional medicine, the demand of garlic is boosting. Manufacturers are also producing garlic in various forms such as paste, powder, oil, etc. to make it easy to use and to also balance the flavor. Below are some of the insights on how the global garlic market will perform in the next five years.

4 Forecast Highlights on Global Garlic Market

1- Asia Pacific Excluding Japan (APEJ) is expected to emerge as one of the biggest markets in the global garlic market. Witnessing a steady growth rate during the forecast period, APEJ garlic market is estimated to exceed US$ 8,200 million value by 2022 end. China and India are the two highest garlic producing countries in the APEJ region. Moreover, initiatives by the government in both the countries are also supporting the garlic production.

2- Europe and North America are also expected to experience moderate growth in the global garlic market.

3- Hard Neck garlic is expected to be one of the highly preferred garlic product. Hard neck garlic is estimated to reach nearly US$ 13,000 million revenue by 2022 end. Meanwhile, the soft neck is also expected to account for more than one-third of the revenue share by 2017 end.

4- Garlic in fresh form is expected to witness the highest growth as compared to any other form. Fresh form of garlic is estimated to create an incremental opportunity of more than US$ 2,000 million between 2017 and 2022.

Hard Neck Garlic- Top-Selling Product

Compared to the soft neck garlic, hard neck garlic is likely to emerge as the top-selling product in the global garlic market. Gaining nearly two-third of the share in terms of the revenue towards the end of 2017, hard neck garlic is projected to create incremental opportunity exceeding US$ 2,600 million during 2017-2022.

Garlic in Fresh Form to be Highly Preferred

Among various forms of garlic available in the market such as frozen, dehydrated, canned or preserved, fresh form of garlic is likely to be the most preferred form. Garlic in fresh form is projected to surpass US$ 11,100 million revenue towards the end of 2022. On the other hand, garlic in dehydrated form is also likely to experience moderate growth throughout the forecast period.

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Table of Contents:

Global Garlic Market – Executive Summary
Global Garlic Market Overview
2.1. Introduction
2.1.1. Global Garlic Market Taxonomy
2.1.2. Global Garlic Market Definition
2.2. Global Garlic Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Garlic Market Y-o-Y Growth
2.3. Global Garlic Market Dynamics
2.4. Value Chain
2.5. Supply Chain
2.6. Trade Analysis
2.7. Product Innovations
2.8. List of Distributors
2.9. Key Participants in the Market
Global Garlic Market Analysis and Forecast By Product Type
3.1. Global Garlic Market Size and Forecast By Product Type, 2012-2022
3.1.1. Hard Neck Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Soft Neck Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued……..

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