Garlic Market Size & Share Analysis - Growth Trends & Forecasts (2023–2028)

 The Garlic Market is projected to grow steadily from USD 525.17 million in 2023 to about USD 600 million by 2028, marking a Compound Annual Growth Rate (CAGR) of 2.70% within the forecast period. This growth is mainly driven by the rising consumer demand for healthy convenience foods that retain robust flavor profiles, where garlic stands out for its ability to maintain taste and shelf stability. Its versatile applications span various industries, including food processing (such as pickles and curry products), herbal products (medicines and pastes), and as a key flavor enhancer in culinary creations. However, the market faces challenges due to price fluctuations influenced by climatic and political factors.

Garlic holds substantial significance in Asian markets, dominating consumption patterns across households and processing industries. The increasing demand for garlic powder, renowned for its diverse uses in food and healthcare sectors, remains a driving force. Its pervasive presence in numerous food preparations, from chutneys to meat products, continues to fuel market growth.

China leads global garlic production, yielding 20.7 million metric tons in 2020, followed by India with 2.9 million metric tons. Notable garlic-producing nations include South Korea, Egypt, and Russia, based on data from the Food and Agriculture Organization.

Market Trends in Garlic:

The expanding consumption of garlic, supported by research suggesting potential cancer risk reduction with regular intake, encompasses both fresh consumption and utilization in processing industries. Its applications extend to various food preparations and derivative products like garlic powder, salt, vinegar, and others in the food industry, sustaining consistent market demand. Additionally, garlic powder holds a significant place in herbal medicine.

The surge in home cooking has surged garlic demand, underscoring suppliers' capacity to meet heightened volumes. Global garlic imports reached USD 3,242,679 thousand in 2021, recording a 5.3% increase from the previous year. This illustrates garlic's pivotal role in international trade, evident in the escalating harvested area for the crop over consecutive years (2018–2020).

The sustained demand for garlic and its derivatives across industries, coupled with its crucial role in global trade, signifies enduring growth potential in the forecast period.

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