LONDON--(BUSINESS WIRE)--Technavio has been monitoring the garlic market and it is poised to grow by USD 5.63 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Garlic Market. Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Filaree Garlic Farm, Fuente el Pino, Jinxiang Infarm Fruits & Vegetables Co. Ltd., John Boy Farms, Shandong Liancheng Garlic Industry Co. Ltd., South West Garlic Farm, The Garlic Co., The Garlic Farm, Tooley Garlic, and Yafod International Ltd. are some of the major market participants. The increasing demand for black garlic will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing demand for black garlic has been instrumental in driving the growth of the market.
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Garlic Market 2020-2024: Segmentation
Garlic Market is segmented as below:
- Type
- Hardneck Garlic
- Softneck Garlic
- Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Garlic Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our garlic market report covers the following areas:
- Garlic Market Size
- Garlic Market Trends
- Garlic Market Analysis
This study identifies growing awareness about the health benefits of garlic as one of the prime reasons driving the garlic market growth during the next few years.
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Garlic Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist garlic market growth during the next five years
- Estimation of the garlic market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the garlic market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of garlic market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value Chain Analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Hardneck garlic - Market size and forecast 2019-2024
- Softneck garlic - Market size and forecast 2019-2024
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market Drivers
- Market Challenges
PART 11: MARKET TRENDS
- The introduction of garlic-based recipes
- Availability of garlic-based products
- Growing demand for black garlic
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Filaree Garlic Farm
- Fuente el Pino
- Jinxiang Infarm Fruits & Vegetables Co. Ltd.
- John Boy Farms
- Shandong Liancheng Garlic Industry Co. Ltd.
- South West Garlic Farm
- The Garlic Co.
- The Garlic Farm
- Tooley Garlic
- Yafod International Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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