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Global Dehydrated Garlic Market Size is Projected to Reach 838 million USD by 2023

Author: QYResearch | Publish date: 2018-06-01 | Views: 96
The Dehydrated Garlic industry was 632 million USD in 2017 and is projected to reach 838 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 3.6% between 2017 and 2023. The market is driven by various end-user industries, such as food service industry, food processing industry, as well as home cooking and flavouring use, it may also be used in Pharmaceutical industry.

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The industry is less concentrated, hundreds of manufactures scattered in China, India, USA and some other regions. Leading players include Leading players in the market are Henan Sunny Foods, LIMING Food, Hong Freezing & Storing Co., Ltd of Jinxiang County, Jinxiang Huihe, Chiping ShengKang Foodstuff Co.,Ltd, B.C. Foods (Shandong) Co., Ltd and etc. most of them are based in China. As technical barrier of Dehydrated Garlics processing is low, the market competition may become more intense in forecast period.


The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


The Global Dehydrated Garlic Market Professional Survey Report 2018 report released by QYResearch provides a basic overview of the Dehydrated Garlic industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Dehydrated Garlic industry development trends and marketing channels were analysed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report TOC, figure and tables:

https://www.qyresearch.com/index/detail/446817/global-dehydrated-garlic-market

 

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