The global dehydrated garlic market is projected to reach USD 2.9 billion by 2025 and anticipated to grow at a CAGR of 3.3%, over the forecast period, from 2019 to 2025 according to Million Insights. The market growth is majorly driven due to the increasing health awareness of dehydrated garlic among consumers. This product improves the cholesterol level that reduces the risk of heart diseases and improve immunity. Furthermore, the increasing popularity of garlic in broth and soups in restaurants, as it helps to improve the kidney function, is anticipated to fuel the market growth over the forecast period.
The granules and powder segment is projected to grow with a CAGR of more than 3.0% in terms of volume over the forecast period. This growth is attributed to growing convenience of addition in the food industry and for medicinal preparation. It also helps to save labor’s grinding energy. In addition, the roasted granules and powder offer nutty flavor which is highly preferred by people across the world.
In 2018, Asia Pacific accounted for the largest market share of 35.0% in terms of volume. This high volume share is attributed to the high usage of garlic as the key ingredient in the cuisine of India and China. In addition, Chinese physicians used to protect from cancer, to treat platelet clumping, and heart diseases.
Some of the prominent companies operating in the dehydrated garlic market are Ganesh Dehy Foods, AsianFood Export, Apple Food Industries,SHANDONG YUMMY Food Ingredients CO., LTD. Harsh Impex, Garlico Industries Ltd., KOHINOOR FOOD INDUSTRIES, Jiyan Food Ingredients, Nature Exports Co., and Natural Agro Food. Several initiatives such as partnerships, mergers, and acquisitions have taken by manufacturers in developing countries due to rising spending capacity of the working population for dined out is expected to fuel market growth in the next few years.
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Further key findings from the report suggest:
• In product segment, flakes and cloves is expected to generate a revenue of USD 1.4 billion by 2025.
• In 2018, application wise the B2B sector accounted for largest market share for more than 50.0% in terms of revenue.
• The online sales channel estimated to account for more than 20.0% revenue market share by 2025.
• In 2018, Asia Pacific accounted for largest market share of more than 35.0% in terms of volume.
Million Insights has segmented the dehydrated garlic market on the basis of product, application, distribution channel and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)
• Granules & Powder
• Flakes & Cloves
• Chopped & Minced
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)
Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)
Dehydrated Garlic Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)
• North America
• Asia Pacific
• Central & South America
• Middle East & Africa