PUBLISHER: Value Market Research | PRODUCT CODE: 1392325
PUBLISHER: Value Market Research | PRODUCT CODE: 1392325
The global demand for Garlic Oleoresin Market is presumed to reach the market size of nearly USD 291.29 MN by 2030 from USD 132 MN in 2022 with a CAGR of 10.4% under the study period 2023 - 2030.
Garlic oleoresin is a brown and black oleoresin obtained by crushing the garlic bulb. Garlic oleoresin contains elements that aid in curing various diseases such as common colds, heartburn, nausea, upset stomach, diarrhoea, morning sickness and others. Garlic oleoresin has also been found to be beneficial for anti-inflammatory properties because of its high quantities of gingerol, making it a natural remedy for mild body pains, headaches, and even some cases of arthritis. Garlic oleoresin has a strong obnoxious odour due to the presence of di-sulphides.
The global trend of eating natural and healthy foods is driving up the demand for garlic oleoresin. Moreover, garlic oleoresins are used in the food industry as a condiment and flavouring agent due to their strong aroma and flavour, which makes them more appealing to the flavour and food industries. Furthermore, improving consumer lifestyle, rapid urbanization, and high disposable income are increasing the demand for convenience food on the go, driving the growth of the ready-to-use product market. Additionally, the increasing awareness among individuals about various beneficial properties associated with it, such as strengthening the immune system, reducing cholesterol, improving bone health, and others resulting in the growing demand for garlic extract across the globe. However, rising incidences of garlic allergy among individuals are projected to hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of garlic oleoresin. The growth and trends of garlic oleoresin industry provide a holistic approach to this study.
This section of the garlic oleoresin market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Garlic Oleoresin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the garlic oleoresin market include Mane KANCOR, Synthite Industries Ltd., Universal Oleoresins, Akay, Bioingredia Natural Pvt Ltd., AVT Natural Products Limited, Manohar Botanical Extracts Pvt. Ltd., Plant Lipids Private Limited, BOS Natural Flavors Pvt. Ltd., Vidya Herbs Pvt. Ltd., Sami Spices, HDDES Group, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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