increasing awareness about health benefits of garlic is driving the Garlic Market
Technavio analyzes that the Garlic Market is expected to grow at a CAGR of 4.05% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 4.39 billion.There are various factors that contribute to the growth of the market. Garlic, a commonly used ingredient in various cuisines, is gaining significant attention due to its numerous health benefits. Numerous studies have shown that garlic consumption can help reduce the risk of heart disease, regulate blood sugar levels, and boost the immune system. Its antioxidant properties also make it an effective agent against inflammation and infections. As awareness about these advantages grows, the demand for garlic in the market is expected to increase.
Hardneck garlic, a type of garlic with a distinctive upward-growing stalk, is a popular choice for consumers due to its large, easily peelable cloves. This variety, which includes rocambole, purple stripe, and porcelain types, is primarily cultivated in continental climates, with significant production occurring in the US and Canada. Hardneck garlic has a shorter shelf life, ranging from four to ten months. As a valuable flavoring agent in various culinary applications, including garlic powder, salt, vinegar, cheese croutons, potato chips, and garlic bread, its price can be subject to fluctuations due to global market demands and supply chain dynamics in the home cooking industry.
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Garlic Market Segmentation
As per our research findings, here are some of the key competitors that are leading the industry
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The Garlic Market caters to the demand for Allium sativum, a versatile bulb with significant culinary applications and numerous health benefits. Organic garlic, free from antibiotic resistance and pesticide residues, is increasingly preferred. Ethnic supermarkets and specialty food stores offer a wide range of garlic products, including frozen garlic paste, flavored garlic chips, and pre-peeled cloves. Processing industries produce healthy convenience foods like pickles, curry products, herbal supplements, and flavoring agents. Temperatures impact garlic production, with world garlic production influenced by variables like climate and consumer preferences. Prices fluctuate based on consumption patterns and garlic industry trends. Hard neck garlic and various garlic varieties are popular choices for their unique flavors and tastes, enhancing dishes like chutneys, curry powders, curried vegetables, and tomato ketchup.
The Garlic market, primarily driven by Allium sativum, caters to various industries, including culinary and health sectors. Culinary applications range from traditional dishes to gourmet creations. Health benefits, such as antibiotic resistance and pesticide residue reduction, further boost demand. Ethnic supermarkets and specialty food stores are key distribution channels. Innovations like frozen garlic paste, flavored garlic chips, and pre-peeled cloves expand product offerings. Organic garlic, free from synthetic additives, is a growing trend.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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