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Wednesday, 29 January 2020

What is the Dehydrated Garlic Market Size? | Dehydrated Garlic Market Share

Dehydrated Garlic Market Revenue Reach $2.9 Billion | Global Industry Report Forecast 2025 | Market Research Report

The global dehydrated garlic market size is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.3% over the forecast period. Dehydrated garlic has been gaining an increasing traction among the consumers on account of medicinal benefits including improvement in cholesterol levels, which lowers the risk of cardiovascular diseases. Furthermore, growing popularity of garlic products in soups and broth in food restaurants as it enhances the iron intake in human body and promotes kidney function is projected to have a strong impact in the near future. These products are available in the variants of raw solids to powder formats.

The granular and powder product type is expected to register the fastest CAGR of 3.2% from 2019 to 2025 in terms of volume. The coarse texture of these products is expected to promote the application in formulation of various cuisines including seafood, sauces, salad dressings, and Italian as well as Chinese dishes. Furthermore, growing popularity of barbeque dishes in developing economies including China and India is expected to expand the utility of granulated dehydrated garlic as a seasoning during dish serving in the near future.
Demand for chopped and minced products is expected to exceed 650 kilo tons by the end of 2025. Excellent freshness, strong flavoring characteristics, and long shelf life of minced product types as compared to other garlic counterparts are expected to expand the former’s utility in the preparation of various dishes including marinades and stews over the next few years.
Some of the key players operating in the global dehydrated garlic market are Apple Food Industries, AsianFood Export, Ganesh Dehy Foods, Garlico Industries Ltd., Harsh Impex, Jiyan Food Ingredients, KOHINOOR FOOD INDUSTRIES, Natural Agro Food, Nature Exports Co., and SHANDONG YUMMY Food Ingredients CO., LTD. Establishment of strategic partnerships with the food service companies in developing economies including China and India as a result of increasing spending by the working class population on dine-out is projected to remain a critical success factor in the near future.

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Further key findings from the report suggest:
  • By product, flakes and cloves are expected to generate a revenue of USD 1.4 billion by 2025
  • By application, the B2B sector accounted for more than 50.0% share of the global revenue in 2018
  • The online distribution channel is projected to account for 20.2% share of the global revenue by the end of 2025
  • Asia Pacific accounted for a volume share of more than 35.0% for the year 2018.
Grand View Research has segmented the global dehydrated garlic market on the basis of product, application, distribution channel, and region:

Dehydrated Garlic Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • Granules & Powder
  • Flakes & Cloves
  • Chopped, Granulated & Minced
Dehydrated Garlic Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • B2B
  • B2C
Dehydrated Garlic Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015–2025)
  • Online
  • Offline