Global Garlic Market 2020-2024 | Evolving Opportunities with Filaree Garlic Farm and Fuente el Pino | Technavio
LONDON--(BUSINESS WIRE)--Nov 20, 2019--
Technavio has been monitoring the global garlic market since 2019 and the market is poised to grow by USD 5.63 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. Request free sample pages
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Technavio has announced its latest market research report titled global garlic market 2020-2024 (Graphic: Business Wire)
Read the 126-page report with TOC on “Garlic Market Analysis Report by Geography (APAC, Europe, MEA, North America, and South America), Type (Hardneck garlic and Softneck garlic), and the Segment Forecasts, 2020-2024”.
The market is driven by the growing awareness about the health benefits of garlic. In addition, the increasing demand for black garlic is anticipated to boost the growth of the garlic market.
Consumption of garlic as a food ingredient or extract prevents illnesses and improves immunity. The presence of active compounds in garlic reduces high blood pressure and prevents strokes and heart attacks. It also helps improve cholesterol levels and reduces the risk of heart disease. Moreover, the antioxidants in garlic help prevent dementia and Alzheimer’s disease. Therefore, growing consumer awareness about these health benefits has increased the demand for garlic products such as dehydrated garlic powder and garlic extracts.
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Major Five Garlic Companies:
Filaree Garlic Farm
Filaree Garlic Farm operates the business through the Garlic products segment. The company offers Food Garlic and Garden Packs with several varieties of garlic, such as Rocambole, Purple Stripe, Porcelain, and Artichoke. Inchelium Red, German Red, and Metechi are some of the key offerings of the company.
Fuente el Pino
Fuente el Pino operates the business through the Products segment. The company offers many varieties of garlic and onion. Some of the products offered by the company include WHITE GARLIC, PURPLE GARLIC, SWEET ONION, WHITE ONION, GOLDEN ONION GRAIN, and SPRING GARLIC.
Jinxiang Infarm Fruits & Vegetables Co. Ltd.
Jinxiang Infarm Fruits & Vegetables Co. Ltd. and operates the business across the segments: Garlic & Garlic Products and Vegetables & Fruits. The company offers garlic and garlic products such as Pure White Garlic and Peeled Garlic. It also includes various kinds of dehydrated garlic powder, garlic flakes, garlic granules, fresh and frozen peeled garlic, garlic braids.
John Boy Farms
John Boy Farms operates the business through the Garlic segment. The company offers different varieties of garlic, such as Artichoke (Softneck) Garlic, Creole Garlic, Purple Stripe Garlic, and Porcelain Garlic. Chesnok Red and Inchelium Red are some of the key offerings of the company.
Shandong Liancheng Garlic Industry Co. Ltd.
Shandong Liancheng Garlic Industry Co. Ltd. operates the business through the Farm products segment. The company offers farm products in raw and processed forms. It includes several products such as fresh garlic, dehydrated garlic, garlic slice, garlic powder, garlic, and others.
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Garlic Type Outlook (Revenue, USD Billion, 2020 - 2024)
- Hardneck garlic
- Softneck garlic
Garlic Regional Outlook (Revenue, USD Billion, 2020 - 2024)
- North America
- South America
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PUB: 11/20/2019 11:30 AM/DISC: 11/20/2019 11:30 AM