Garlic Market

Garlic is an onion-like plant with strong flavor and aroma that is used in cooking to add flavor. It is a wonderful food as it contains a wide range of necessary nutrients and has numerous health advantages. Garlic has a strong, spicy, and pungent flavor. It grows as a bulb with cloves that are each wrapped in a papery skin. Garlic has a strong flavor when raw, so it's usually cooked or roasted to soften and balance it out. Garlic, in addition to adding flavor to a variety of meals, even has medicinal properties; therefore it is used to treat a variety of ailments. Garlic market leaders have attempted to make it easier to use garlic in cooking by offering it in a variety of formats, including powder and paste. Many people, on the other hand, prefer to use garlic in its natural state.

COVID-19 Impact analysis

• COVID-19 has had an immediate and harmful impact on the global garlic market. Demand for garlic has taken a hit worldwide and thus it has fallen significantly.
• With the intensification of COVID-19, supplies from China have reduced and garlic prices have risen dramatically. China is the world's largest producer of garlic, contributing for 80% of total production.
• Sale of garlic has decreased due to the lockdown. Restaurants were the primary consumers of garlic, and owing to the lockdown, they were compelled to close, resulting in a drop in sales.

Top Impacting Factors

• Garlic extract is used in a variety of industries, including food, pharmaceuticals, and personal care. It has a distinctively spicy and pungent flavor, making it a popular ingredient in the food business.
• It is utilized as a flavoring agent in a variety of fast foods, including pizza, noodles, pasta, and many other dishes. Furthermore, as the popularity of fast food grows, the market for garlic extract grows as well.

Market Trends

Garlic has Become More Popular as a Result of its Various Industrial Applications

According to the World Health Organization, eating a garlic-containing meal on a regular basis can lower cancer risk. Garlic has long been a popular and commonly utilized component in culinary preparations. Garlic is available in a variety of forms, including garlic paste, garlic powder, garlic oil, and more. Dehydrated garlic has gained popularity among consumers due to its consistency in flavor. Garlic is employed in the processing industry as well as consumed fresh. It is found in chutneys, pickles, curry powders, curried vegetables, meat & meat product preparations, tomato ketchup, and other dishes.

Garlic powder, garlic salt, garlic vinegar, garlic cheese croutons, garlic potato chips, garlic bread, and other second-generation goods contain raw garlic. As a result, demand for garlic is expected to remain relatively stable over the anticipated period. Garlic powder, on the other hand, is utilized as an herbal remedy. As a result of its numerous applications in the culinary and health care industries, garlic powder has a high demand that has pushed the market globally.

Asia-Pacific Dominates the Global Garlic Market

Asia-Pacific dominates the worldwide garlic market, with China leading the way. It accounts for more than 80% of global garlic production. China and India are the two largest garlic extract consumers in Asia Pacific. In these regions, it is employed as a basic ingredient in the making of various cuisines.Garlic is best grown in a climate with temperatures ranging from 12 to 24 degrees Celsius. China is the leading exporter of this product, accounting for 70.3 percent of global exports.

Plantations in Jinxiang, Shandong, Peizhou, Jiangsu, Qixian Henan, Zhongmou, and Henan provide the present garlic supply. Indonesia is the top importer of Chinese garlic, accounting for 26.3 percent of the total, followed by Vietnam and Malaysia, each accounting for 14.2 percent and 7.6 percent. Other than Indonesia, Europe is a huge importer of garlic from china, though due to pandemic, restaurants are shut down so the import of garlic by Europe fell down significantly in 2020.

Key Benefits of the Report

• This study presents the analytical depiction of the garlic industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the garlic market share.
• The current market is quantitatively analyzed to highlight the growth scenario of the garlic market.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
• The report provides a detailed garlic market analysis based on competitive intensity and how the competition will take shape in coming years

Questions Answered in the Garlic Market Research Report

• Which are the leading players active in the garlic market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?
• What is garlic market prediction in the future?
• Which will be the niches at which players profiling with recent advancements should set a presence?
• What are the driving factors and opportunities in the market?
• What are the current trends and predicted trends?
• What are the challenges faced in the garlic market?

 Garlic Market Report Highlights