Global Garlic Oil Market Size, Share, and COVID-19 Impact Analysis, By Type (Food Grade Garlicin Oil, and Feed Grade Garlicin Oil), By Application (Pharmaceuticals, Food Industry, Health Care Products, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Food & BeveragesGlobal Garlic Oil Market Insights Forecasts to 2033
- The Global Garlic Oil Market Size was Valued at USD 104 Million in 2023
- The Market Size is Growing at a CAGR of 4.75% from 2023 to 2033
- The Worldwide Garlic Oil Market Size is Expected to Reach USD 165.49 Million by 2033
- North America is Expected to Grow the fastest during the forecast period.
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The Global Garlic Oil Market Size is Anticipated to Exceed USD 165.49 Million by 2033, Growing at a CAGR of 4.75% from 2023 to 2033.
Market Overview
Garlic oil is gained by mining the essential oil from garlic segments. The procedure includes steam distillation, where the garlic segments are heated with steam, and the oil vapor is composed and condensed. Garlic oil captures the explosive compounds and fragrance of garlic, resulting in a concentrated and effective product. The rich chemical composition of garlic oil gives it different properties that make it useful in multiple applications, both for its flavoring capabilities and its health-endorsing effects. Furthermore, garlic oil is an extensively used essential oil gained from garlic cloves through a process of steam distillation. Recognized for its strong aroma and several health benefits, garlic oil has increased in noteworthy popularity in numerous industries, including food and beverages, pharmaceuticals, and personal care. The garlic oil contains potent compounds such as allicin, sulfur, and various antioxidants that aid in its therapeutic properties. With its strong antimicrobial, anti-inflammatory, and cardiovascular aids, garlic oil has developed as a sought-after ingredient in numerous products. Moreover, garlic can be utilized in the treatment of raised blood lipid levels insufficiently inclined by diet, in the enhancement of the circulation in peripheral arterial vascular disease and to prevent age-dependent vascular changes in our bodies. Garlic extracts also have antibacterial and antimycotic properties, inhibit platelet aggregation, prolong bleeding and clotting time, and improve fibrinolytic activity.
Report Coverage
This research report categorizes the market for the global garlic oil market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global garlic oil market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global garlic oil market.
Global Garlic Oil Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 104 Million |
Forecast Period: | 2023 to 2033 |
Forecast Period CAGR 2023 to 2033 : | 4.75% |
2033 Value Projection: | USD 165.49 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Type, By Application, By Region and COVID-19 Impact Analysis |
Companies covered:: | Careline Australia Pty Ltd, GNC, Nature’s Bounty, Amway, Jamieson, Doppelherz, K-Max, Puritan’s Pride, Hongar Farms Gourmet Foods, Boyajian, Herb Pharm, NutraMarks, Inc, La Tourangelle, Lucini, and Other players |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
Demand for garlic essential oil is presently growing due to increased awareness of its many health benefits and wide range of applications. Garlic essential oil is becoming more widespread in aromatherapy, skincare, and cooking developments as customers look for more natural and holistic results. Furthermore, the market has been obsessed further with the rising inclination towards clean and organic products, which has fortified innovation and diversification in garlic essential oil manufacturing. Developments in mining and condensation procedures are raising the yield and value of essential oil from garlic. With novel products like concentrated forms, blends with other essential oils, and value-added objects like roll-ons and topical ointments, this opens the door for product variation. These provision particular needs and preferences, which further arouses market expansion. Consumers are looking for products that are both environmentally friendly and sourced ethically more and more. Mounting interest in organic garlic essential oil is a solution to worries about the safety of food and the environment. Garlic oil is made without the use of artificial fertilizers or pesticides. Furthermore, environmentally friendly agricultural methods like saving water and reducing waste are starting to stand out in the marketplace.
Restraining Factors
Garlic oil has exceptional properties, other natural ingredients and synthetic alternatives can assist similar purposes in certain applications. The accessibility of these substitutions poses a challenge to the growth of the garlic oil market. Furthermore, aspects such as climate conditions, crop yield, and production costs can impact the price of garlic oil. Variations in prices can influence the affordability and availability of the product, impeding market growth. Moreover, garlic oil is normally safe for consumption, extreme consumption or certain interactions with medications can lead to side effects such as heartburn, gastrointestinal issues, and allergic reactions. These anxieties might limit its acceptance by some consumers.
Market Segmentation
The global garlic oil market share is classified into type, and application.
- The feed grade garlicin oil segment is expected to hold the largest share of the global garlic oil market during the forecast period.
Based on the type, the global garlic oil market is divided into food-grade garlicin oil and feed-grade garlicin oil. Among these, the feed-grade garlicin oil segment is expected to hold the largest share of the global garlic oil market during the forecast period. This is attributed to the feed-grade garlic in oil is formed by solvent extraction of crinkled garlic from storage heads. It has a solid aroma like that of fresh crushed garlic and is utilized in the production of essential oils. The strong aroma can be attractive to some individuals while others find it repulsive. This kind of oil contains low levels of allicin, eugenol, and clove Extract which makes it less potent than premium quality essential oil formed from fully grown cloves.
- The pharmaceuticals segment is expected to hold the largest share of the global garlic oil market during the forecast period.
Based on the application, the global garlic oil market is divided into pharmaceuticals, food industry, health care products, and others. Among these, the pharmaceuticals segment is anticipated to hold the largest share of the global garlic oil market during the forecast period. This is attributed to its wide custom as an antidiabetic agent and for the treatment of cardiovascular diseases. Furthermore, it has been verified as beneficial in plummeting blood pressure levels due to its anti-inflammatory and antioxidant properties. These factors are anticipated to propel product demand over the forecast period.
Regional Segment Analysis of the Global Garlic Oil Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to hold the largest share of the global garlic oil market over the predicted timeframe.
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Asia Pacific is anticipated to hold the largest share of the global garlic oil market over the predicted timeframe. The region is anticipated to witness noteworthy development due to growing product demand from numerous end-use products, including pharmaceuticals, the food industry, and healthcare products. China was one of the major manufacturers and customers in this region. The Asia Pacific region offers substantial growth opportunities due to its huge population and growing disposable income. The growing health awareness and the custom of garlic oil in traditional medicine systems contribute to the market’s development in this region
North America is expected to grow at the fastest pace in the global garlic oil market during the forecast period. This is attributed to increasing customer consciousness about health benefits associated with garlic essential oil such as enhanced cardiovascular system functioning and reduced risk of cancer owing to its high sulfur content along with its ability to reduce blood cholesterol levels leading towards minor chances for heart diseases amid consumers across this region will propel product demand over the forecast period.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global garlic oil market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Careline Australia Pty Ltd
- GNC
- Nature's Bounty
- Amway
- Jamieson
- Doppelherz
- K-Max
- Puritan's Pride
- Hongar Farms Gourmet Foods
- Boyajian
- Herb Pharm
- NutraMarks, Inc
- La Tourangelle
- Lucini
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global garlic oil market based on the below-mentioned segments:
Global Garlic Oil Market, By Type
- Food Grade Garlicin Oil
- Feed Grade Garlicin Oil
Global Garlic Oil Market, By Application
- Pharmaceuticals
- Food Industry
- Health Care Products
- Others
Global Garlic Oil Market, Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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Which are the key companies that are currently operating within the market?Careline Australia Pty Ltd, GNC, Nature's Bounty, Amway, Jamieson, Doppelherz, K-Max, Puritan's Pride, Hongar Farms Gourmet Foods, Boyajian, Herb Pharm, NutraMarks, Inc, La Tourangelle, Lucini, and others.
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2. What is the size of the global garlic oil market?The Global Garlic Oil Market is expected to grow from USD 104 Million in 2023 to USD 165.49 Million by 2033, at a CAGR of 4.75% during the forecast period 2023-2033.
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3. Which region is holding the largest share of the market?Asia Pacific is anticipated to hold the largest share of the global garlic oil market over the predicted timeframe.
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