Global Garlic Oleoresin Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Nature (Organic, Conventional), Extraction Method (Solvent Method, Supercritical Fluid Extraction), End-User (Pharmaceuticals, Food And Beverage, Nutraceuticals, Retail/Household), Distribution Channel (B2B, And B2C), Region(North America, Europe, APAC, Latin America, Middle East And Africa) - Industry Analysis From 2024 To 2029.

Updated On: January, 2024
ID: 14426
Pages: 150

Global Garlic Oleoresin Market Size (2024 to 2029)

Garlic Oleoresin Market share value in 2024 was 156.79 million, and it is expected to grow at a CAGR of 9.4% during the forecast period 2024-2029 to reach USD 245.69 million by 2029.

Garlic comes from the family of Amaryllidaceae and is also known as Garlic Allium Sativum L. Garlic oleoresin is obtained by the extraction process. The extraction method used is the solvent extraction method. In this method of extraction, the dried cloves of garlic Allium Sativum L. are used. Garlic oleoresin is light orange or amber in color, and it is a viscous liquid with the characteristic aroma of garlic. Garlic oleoresin is oil-soluble. Garlic oleoresin is used for seasoning in Asia, Africa, and Europe. It is a delicious flavoring that is used in sausage, preserved Szechuan pickles, and other meat items. Additionally, it is utilized as an insect repellent and in perfumery. Volatile oil contains allicin, which is a potent antimicrobial. It is also used as an antiviral and antibacterial agent. This is used to treat heart and blood-related issues as garlic oleoresin helps to decrease blood pressure and cholesterol production in the liver. It also helps to suppress harmful cholesterol and increase the level of high-density lipoproteins in the blood. In addition, this garlic oleoresin is used in the treatment of various cancers such as colon cancer, rectal cancer, stomach cancer, breast cancer, prostate cancer, and lung cancer. Garlic oleoresin helps to treat the common cold.

The manufacturers of garlic oleoresin are focusing on providing the best quality of garlic oleoresin, creating opportunities in the garlic oleoresin market growth over the forecasting period. This is due to the increase in demand for garlic oleoresin across various industries. Hence, the manufacturers are increasing their investment in the manufacturing process of garlic oleoresin to yield better quality products. This is leading to an increase in innovation, which is increasing product inclined with the requirements of consumers regarding garlic oleoresin. This increase in innovation is associated with the increase in the number of well-qualified lab chemists as they carry out product innovation and testing. For instance, Mane Kancor invests huge investments in Research and development, product quality testing, and innovative equipment to ensure that its clients receive high-quality, innovative products. For instance, its labs have been approved by NABL and have modern technology to fulfill the latest standards for food safety. Additionally, the increase in demand for organic-based products, including garlic oleoresin, increases the demand for garlic oleoresin. These are the factors that are creating opportunities in the garlic oleoresin market growth over the forecasting period.

Global Garlic Oleoresin Market Drivers:

The increase in demand for garlic oleoresin in the pharmaceutical industry is one of the major driving factors in the growth of garlic oleoresin market growth. This is due to the presence of antioxidizing agents such as lutein. The increase in health awareness associated with the consumption of garlic oleoresin increases the demand for garlic oleoresin in the pharmaceutical industry. It helps to treat diabetes, various cancers, obesity, and Alzheimer's disease. Garlic oleoresin is associated with resisting against fungus, bacteria, viruses, and many other microbes. Garlic oleoresin is used as an antiviral and antimicrobial agent. Garlic oleoresin helps decrease cholesterol production in the liver. Additionally, it helps to increase the level of high-density lipoproteins in the blood. Garlic oleoresin is also used to boost the immune system and helps to improve bone health.

The increase in demand for garlic oleoresin in the food and beverage industry fuels the growth of the garlic oleoresin market, as this is used as a flavoring agent in the food industry. Garlic oleoresin is also used as seasoning in various food products. It is used as a seasoning in various food products such as meat products, sausage, preserved Szechuan pickles, etc. The increase in the prevalence of headaches, migraines, etc., increases the demand for garlic oleoresin. For instance, the World Health Organisation (WHO) reports that over 50% of adults are thought to experience headache disorders. In 2021, 50% to 75% of adults in the world between the ages of 18 and 65 have experienced headaches; of those, 30% or more have reported migraine. These are the factors that help to drive the garlic oleoresin market growth.

Global Garlic Oleoresin Market Restraints:

Despite the health benefits associated with the consumption of garlic oleoresin, there are some disadvantages of the overconsumption of garlic oleoresin, which is one of the major restraining factors to the growth of garlic oleoresin market growth. This is due to the overconsumption of garlic oleoresin, which increases the risk of bleeding. This is due to it has antithrombotic properties, which prevent the blood from clotting. Hence, this leads to an increase in the blood flow. The overconsumption of garlic oleoresin may cause bad breath. Additionally, overconsumption of garlic oleoresin leads to a decrease in the digestion process. It is hard to get absorbed in the small intestine. Hence, it travels through the colon intact, which may lead to cause digestive problems. The overconsumption of garlic oleoresin may lead to gastroesophageal reflux disease. This may lead to cause nausea and heartburn. Additionally, the increase in allergy associated with the consumption of garlic is decreasing the demand for garlic oleoresin. These are the restraining factors to the garlic oleoresin market growth.

Impact of COVID-19 on the Garlic Oleoresin Market:

The pandemic moderately impacted the growth of the garlic oleoresin market. The garlic oleoresin is the product of the extraction of garlic. The garlic was majorly imported from China. Covid-19 was majorly impacted in China; hence, there was a shortage of garlic across the globe. Additionally, the worldwide closure of the food and beverage industry to avoid the spread of the pandemic decreases the demand for garlic oleoresin. The shortage of garlic due to fewer imports led to an increase in the price of raw materials such as garlic, which decreased the demand for garlic oleoresin. Additionally, the use of garlic oleoresin in the pharmaceutical sector increases the demand for garlic oleoresin. These are used as antimicrobials and also help to decrease blood pressure, hence increasing the demand for garlic oleoresin. These are the factors that resulted in moderately impacting the growth of the garlic oleoresin market.

REPORT COVERAGE: 

 

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

9.4%

Segments Covered

By Nature, Extraction Method, End-User, Distribution Channel And Region.

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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.

  

This research report on the Global Garlic Oleoresin Market has been segmented and sub-segmented based on nature, extraction method, end-user, distribution channel and region. 

Global Garlic Oleoresin Market - By Nature:   

  • Organic
  • Conventional

Among these, the organic segment dominates the garlic oleoresin market. The organic segment is expected to show its dominance in the market for garlic oleoresin over the forecasting period. This is due to an increase in demand for clean-label products because of the increase in demand for naturally based food products. The conventional segment is expected to show the fastest CAGR growth in the garlic oleoresin market over the forecasting period. This is due to conventional garlic oleoresin being cheap; hence, there is an increase in demand for conventional garlic oleoresin.

Global Garlic Oleoresin Market - By Extraction method:

  • Solvent Method
  • Supercritical Fluid Extraction

Among these, the solvent method dominates the garlic oleoresin market. The solvent method is expected to show its dominance in the garlic oleoresin market over the forecasting period. This method is mainly used for the extraction of the garlic oleoresin. It is produced or extracted using the solvent extraction of crushed Allium sativum L. garlic bulbs and cloves. Garlic oleoresin is extracted using a suitable organic solvent in this procedure, and any remaining solvent is then vacuum-distilled away. The supercritical fluid extraction segment is expected to show the fastest CAGR growth in the garlic oleoresin market over the forecasting period.

Global Garlic Oleoresin Market - By End-user:

  • Food & Beverage Industry
  • Pharmaceutical
  • Nutraceuticals
  • Retail / Household

Among these, the food and beverage segment dominates the garlic oleoresin market size. The food and beverage segment is expected to show its dominance in the market for garlic oleoresin over the forecasting period. The garlic oleoresin is used as a seasoning agent. Garlic oleoresin is also used as seasoning in various food products. It is used as a seasoning in various food products such as meat products, sausage, preserved Szechuan pickles, etc. The strong aroma and flavor of garlic oleoresin increases the demand for the food and beverage industry. The pharmaceutical segment is expected to show the fastest CAGR growth in the market for garlic oleoresin over the forecasting period. The garlic oleoresin is used in the pharmaceutical sector as it helps to treat various diseases. It helps to decrease blood pressure, and the consumption of garlic oleoresin also helps to treat diabetes.

Global Garlic Oleoresin Market - By Distribution Channel:

  • B2B
  • B2C
  • Hypermarket/Supermarket
  • Specialty Stores  
  • Online Retail

The B2B (Business to Business) segment is leading with the largest shares of the garlic oleoresin market. Growing disposable income in urban areas and increasing production rate of a variety of food products are majorly fuelling the B2B garlic oleoresin market share. 

Global Garlic Oleoresin Market – By Region:

  • Asia Pacific
  • Europe
  • Middle East and Africa
  • North America
  • Latin America

Regionally, the North American region dominates the Garlic Oleoresin Market value. The North American region is expected to show dominance in the market for garlic oleoresin over the forecasting period. This is due to the increase in demand for organically produced products such as ginger oleoresin. In this region, the United States holds a major position in the regional market. The increase in demand for garlic oleoresin in the food and beverage industry increased the regional growth of the market. Additionally, the increase in health awareness associated with the consumption of garlic oleoresin increased the demand for garlic oleoresin market across the globe.

The Asia Pacific region is expected to show the fastest CGAR growth in the garlic oleoresin market over the forecasting period. China is one of the major producers of garlic, and hence, it will help regarding the raw material. Hence, in this region, there is no shortage of raw materials, which makes it easy for the manufacturers to extract. The emerging countries in this region, such as China and India, mostly consume garlic-based food products and are leveling up the market growth rate. 

KEY MARKET PLAYERS:

Key Market payers of Global Garlic Oleoresin Market are 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.

RECENT HAPPENINGS IN THE MARKET:

In May 2023, Mane Kancor, a global major in spice extraction and manufacturing of natural ingredients, opened its new manufacturing facility in Byadgi, Karnataka.

Related:

https://www.marketdataforecast.com/market-reports/black-pepper-market

https://www.marketdataforecast.com/market-reports/ginger-oleoresin-market

 

 

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Frequently Asked Questions

1. What are the main applications of Garlic Oleoresin?

Garlic oleoresin is widely used as a flavoring and seasoning agent in various food products, including sauces, dressings, soups, marinades, and snacks. It is also used in the production of dietary supplements and nutraceuticals for its potential health benefits, including cardiovascular support, immune system enhancement, and antimicrobial properties.

2.What are the key factors driving the growth of the Garlic Oleoresin Market?

The growth of the Garlic Oleoresin Market is driven by increasing consumer demand for natural and clean-label ingredients in food products. Garlic oleoresin offers a convenient and concentrated form of garlic flavor and aroma, making it a popular choice among food manufacturers seeking to enhance the taste and nutritional profile of their products.

3.What are some emerging trends in the Garlic Oleoresin Market?

Emerging trends in the Garlic Oleoresin Market include the development of innovative formulations and applications, such as garlic-infused oils, sauces, and condiments. Additionally, there is a growing trend towards the use of garlic oleoresin in functional foods and dietary supplements targeting specific health concerns, such as cardiovascular health and immune support.

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