Garlic Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Albany, NY -- (SBWIRE) -- 08/24/2017 -- The growing demand for garlic oil in the food industry and its rising application in making medicines in the pharmaceutical industry, are the key factors driving the evolution of the garlic oil market. Recent advances in methods of production of garlic oil and the advent of high-yielding garlic varieties are the key factors paving way for new avenues in the market. A report penned by Transparency Market Research (TMR), titled "Garlic Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025", offers an elaborate assessment of key trends and drivers influencing the growth of the market.
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The steady demand for garlic oil in making medicines is attributed to its several curative and anti-bacterial properties to treat a variety of infections, including gastro-intestinal ailments. In addition, since garlic contains several phytochemicals, garlic oil is considered to have curative affects against cardiovascular diseases and may boost immune system against various cancer types. Furthermore, garlic oil is known to reduce cholesterol levels and is an immunity-booster. The emerging application of garlic oil as a skin-care ingredient in treating acne is expected to fuel the market growth in the coming years.
The soaring application of garlic oil in seasoning and flavoring in variety of foods such as in salads dressings, vinaigrettes, sauces, and shrimps, has boosted the market. However, the slump in the production in some parts of major garlic producing countries has led to escalating price of garlic oil. Nevertheless, the advent of high-yielding varieties of garlic and significant improvements in farming methods are key trends favorably impacting the market. The higher appreciation of garlic oil in superstores and hypermarkets and the rising demand for garlic oil across online retail are crucial factors expected to catalyze the market.
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The factors affecting the production of garlic in major producing nations are expected to accentuate the garlic oil market. Since garlic oil is considered as one of the most useful and versatile essential oil, several producers of all-natural specialty oils are taking renewed interest in its production.
Based on sales channel, the garlic oil market can be segmented into hypermarkets and supermarkets, specialty stores, retail stores, and online retail. Some of the key regional segments can be Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Some of the key countries producing garlic are South Africa, Taiwan, New Zealand, the U.S., and China. Recent advancements in the extraction process of garlic oil is anticipated to open up exciting opportunities for market players in the coming years.
Key players operating in the garlic oil market include Lucini Italia Co., La Tourangelle, Ultra International B.V., NutraMarks, Inc., Herb Pharm, BOYAJIAN INC, and Hongar Farms Gourmet Foods.