Garlic Oleoresin Market Survey Report 2022 by Insights, Outlook and Forecasts Research 2032
Garlic Oleoresin Market: Overview
·
The global garlic oleoresin market is
currently valued at US$ 131 Mn in 2022 end, and is expected to reach US$ 320.5
Mn by the end of 2032
·
Based on nature, conventional segment
of the garlic oleoresin market holds a market volume share of around 93.8% and
is estimated at more than 800 Metric Tons in 2022
·
Based on end use, food & beverage
segment holds a majority of value share of around 75.0% with a value of US$
97.8 Mn in 2022 and is expected to grow at a CAGR of 9.1% during the forecast
period.
·
On the basis of extraction method,
the SCFE segment holds the value market share of 7.0% with the total value
share at US$ 9.4 Mn approximately in 2022 and is anticipated to reach at US$
24.2 Mn by the end of 2032.
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Garlic Oleoresin Market: Key Players
Some of the key players in the 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, and others
Garlic Oleoresin:
Market Frontrunners
·
The North America hold a
market value share of 12.1% of the overall market. Whereas, U.S. holds the
market value share of around 73.6% and, Brazil with 51.7% market value share
approximately.
·
Garlic oleoresin is a
brown or black oleoresin extracted from the crush bulb of the garlic, allium
sativum linn. It has a strong obnoxious odor due to presence of di-sulphides.
The bulb contains 0.06% to 0.1% approximately of volatile oil whose active
constituents are propyl/disulphide, alliin and allicin.
·
The strong preference of
including antioxidants in the food products is
escalating with the increasing demand from customers in the market. The global
trend of consuming natural and healthy food ingredients is fueling the demand
for garlic oleoresin in the market.
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Garlic Oleoresin
Market: Trends
Rising Consumer Spending on Natural Products Tending
Customer toward Garlic Oleoresin
·
Consumer spending on
natural products is rising as a result of numerous causes, the most important
of which is increased health awareness. Consumers have become more aware of
their options as a result of increased urbanization and literacy. Before purchasing
a product, consumers research the ingredients as well as all of the processes
used to create the final product.
·
Customers are even
willing to pay more for natural products. This is why manufacturers all around
the globe are harmonizing their product lines to meet the expectations of their
customers. In such context, the usage of garlic oleoresins by consumer goods
manufacturers is on the rise. Garlic oleoresins market are predicted to have a
favorable impact on customers due to their natural essence.
Health Benefits Associated with Garlic Oleoresins
Coupled with Consumer Awareness Boosting Garlic Oleoresin Market
·
Consumers are
increasingly exposed to work-centric lifestyles, which have a number of
disadvantages that are powerful enough to accelerate a number of health
concerns. As a result, consumers are choosing goods that reduce the effects of
hazardous components in the body.
·
Garlic oleoresin contain
elements that aid in curing various diseases such as common colds, heartburn,
nausea, upset stomach, diarrohea, morning sickness and others. Additionally it
has been found to be beneficial for anti-inflammatory properties, due to its
high levels of gingerol, making it a natural remedy for minor body aches,
headaches, and even some cases of arthritis.
·
According to World
Health Organization (WHO), it has been estimated that headache disorder
prevalence among adults is around 50%. Half to three quarters of adults aged
18–65 years in the world have had headache in the last year and, among those
individuals, 30% or more have reported migraine. Headache on 15 or more days
every month affects 1.7–4% of the world’s adult population.
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Rise in Garlic
Oleoresin in Various Application Driving Global Market
·
Garlic oleoresins are
utilized in a wide range of industries due to their strong aroma and flavor,
and are commonly used as a flavoring agent in food processing. Garlic
oleoresins are preferred because of their microbiological benefits, flavor
homogeneity, and storage and transportation convenience. Turmeric oleoresins also
possess a higher percentage of non-volatiles, which makes them more appealing
to the flavor and food industries.
·
Non-volatiles are
substances that do not vaporize easily. They are not lost when exposed to open
air. Oleoresins are consumed by broad spectrum of manufacturers of soup
powders, noodles beverages, canned meats, poultry products, confectioneries,
and others. The increasing applications of oleoresins in the, baked foods,
snacks and beverages is increasing the demand for garlic oleoresin, globally.
Garlic oleoresin
Market: Strategies
·
Manufacturer of the
garlic oleoresin are focusing on providing quality product by carrying out
product development with the help of research and development in order to cater
market needs with innovative and leading product inclined with to customers’
requirements.
·
Universal Oleoresins
invests in research & development and testing activities. It has the most
modern methods & equipment and qualified lab chemists for carrying out
product innovation and testing. This strategy ensure timely product innovation
according to market requirements and also help in the expansion of the product
range.
·
Mane Kancor invests
heavily in research & development and product quality testing and has
state-of-the-art equipment to ensure quality and innovative products for its
customers. For instance, its labs are equipped with sophisticated equipment to
meet the current food & safety requirements and are also accredited by
NABL.
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