Garlic Extract: Market Outlook
Garlic extract is the extract of alcohol that comes from the garlic plant or garlic bulb. Garlic plant has historically been considered beneficial to human health for a long time and has been used as an anthelmintic, rubefacient, anti-infective, and antihypertensive.
Garlic extract comes from garlic, which is primarily grown in India and Mainland China, and it is transported globally. Since the ingredient is used in the food industry as a condiment and flavouring agent, the growth in demand for garlic extract has a greater correlation with the success of the food and beverage industry as a whole. Apart from the condiment agent used in food, garlic extract is also used in drug formulations.
Both aged and fresh garlic extracts contain substances with active antioxidant properties and cholesterol-lowering of the allyl propyl and diallyl disulfides. Garlic extract acts as an anti-aging agent, antioxidant, anti-dandruff, insect repellent, antimicrobial, purifying and healing agent. However, daily consumption of garlic extract can serve as a preventive measure for atherosclerosis and cardiovascular disease.
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Multi Beneficial Properties of Garlic Extract Boosting the Growth of the Global Garlic Extract Market
Garlic extract has numerous applications in the pharmaceutical, food and cosmetics & personal care industries. It has a uniquely peppery and spicy taste, making it commonly favored to be used in the food industry.
The growth of the global garlic extract market is driven by high intake of garlic extract as a flavouring and seasoning agent in various food products. Anti-fungal and anti-bacterial properties associated with garlic extract along with its use as seasoning agent are anticipated to fuel the growth of garlic extract in the pharmaceuticals and cosmetics & personal care industries.
In addition, it is used as an effective flavouring agent in fast food preparation such as noodles, pizza, pasta and many other. In addition, fast-food consumption is rising and the demand for garlic extracts is growing. Besides being a flavouring agent, it has many beneficial properties for wellbeing, such as improving the immune system, lowering cholesterol and many more. These properties also promoted its use in functional drinks and thus widened its market.
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Garlic Extracts: Market Segmentation
Based on form, the global garlic extract market can be segmented as:
- Powder
- Oil
- Paste
- Granulated
Based on application, the global garlic extract market can be segmented as:
- Food Market
- Dairy Market
- Bakery Market
- Culinary Market
- Sausage Market
- Spices, Seasoning and Condiment Market
- Pharmaceutical Market
- Cosmetics & Personal Care Market
Based on distribution channel, the global garlic extract market can be segmented as:
- Hypermarkets / Supermarkets
- Specialty Store
- Online Retail
- Pharmacies & Drug Stores
- Other Channels
Garlic Extract Market: Key Players
Some of the prominent players driving the growth of the global garlic extract market includes, McCromick & Company Inc., Now Foods Inc., Mars Incorporated, Woolworths Ltd, Dabur, Nilon’s and many others.
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Garlic Extract Market: Regional Analysis
Asia Pacific market is expected to dominate the global garlic extract market over the forecast period. The garlic extract is used as a basic ingredients for the preparation of different cuisine in the countries such as India, China & Thailand.
Chinese herbal traditions use aged garlic extract that is dehydrated to treat slow platelet clumping, heart disease, protect against cancer, lower cholesterol levels, improve the overall immune system and suppress blood triglycerides. This multi beneficial properties of garlic extract driving the growth of the market in Asia Pacific region.
The world has undergone a major shift in the way of living since the COVID-19 pandemic struck. A notable change in the functioning of various businesses and sectors has influenced their working mechanisms extensively. The food and beverage sector is no stranger to this change. Transparency Market Research (TMR) has studied many aspects concerning the difference between the trends in the pre-pandemic and post-pandemic world across the food and beverage industry.
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