Garlic Extract Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Sarasota, FL -- (SBWire) -- 03/08/2018 --Global Garlic Extract Market: Overview

The substitute use of the garlic is made by the garlic extract which has no odor and has high antioxidant properties. The garlic extracts have several health benefits, thus is consumed widely. The garlic extract finds its application in the food, pharmaceutical, and personal care industries.

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Global Garlic Extract Market: Segmentation

The global market for the garlic extract is fragmented into the application, product form, and distribution channel. Based on the application, the global market is segregated into pharmaceutical market, cosmetics market, and food market. The pharmaceutical market is further sub-segmented into spices, seasoning and condiments, culinary, dairy, bakery, and sausage markets. Based on the product form, the market is categorized into powder, oil, paste, and granulated. Based on the distribution channel, the market is divided into specialty stores, retail stores, supermarket/hypermarket, and online sales.

Global Garlic Extract Market: Growth Factors

In the coming years, the garlic extract will grow tremendously in the coming years. The garlic extract has an exceptional spicy and pungent flavor thus it is widely being used in the food products. It is used as a seasoning agent and condiment in various cuisines. It is used as a flavoring agent in the preparation of the fast foods such as noodles, pizza, garlic bread, and much more. As the consumption of the fast food is increasing so is the demand of the garlic extract is rising. Anti-bacterial and anti-fungal properties are inhabited in the garlic extract thus they are used in the medical sector for the treatment of the athlete's foot, which happens due to the infection by the ring worm. Garlic extract is also used in the cosmetic products and shampoo. The factors that are restraining the growth of the market are the consumption of the garlic extract causes bad body odor and breath thus reducing its popularity and some people are allergic to the garlic hence avoid using it in their diet.

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Global Garlic Extract Market: Regional Analysis

Depending on the geographical regions, the global market for the garlic extract is diversified into Latin America, North America, the Middle East and Africa, Asia Pacific, Eastern Europe, and Western Europe. The region that leads the garlic extract market is Asia Pacific region. There is an increase in consumption of the garlic extract in the country of China. The garlic extract is used as a basic ingredient for the preparation of different cuisines in several regions. There is also a significant market growth in the North American region. In North America, the U.S. is the major consumer of the garlic extract. In the Western Europe, the countries that are the prominent consumers of the garlic extract include the U.K. and the Netherlands. The increased consumer likeness in the garlic flavor in the food products is increasing the demand of the market and is expected that it will flourish in the coming years.

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Global Garlic Extract Market: Competitive Players

The key market players that are involved in the garlic extract market include McCormick, Woolworths Limited, Dabur, Now Foods, Mars, Incorporated, Nilon's, and much more.

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