Garlic Oleoresin Production Cost Analysis

Report Overview:

The report by Syndicated Analytics, titled “Garlic Oleoresin Production Cost Analysis Report 2024 Edition: Industry Trends, Capital Investment, Price Trends, Manufacturing Process, Raw Materials Requirement, Operating Cost, and Revenue Statistics ,” offers a comprehensive examination of the operating costs and revenue statistics associated with establishing an garlic oleoresin plant. It is the culmination of extensive primary and secondary research, encompassing a detailed analysis of market trends and the impact of COVID-19 on both global and regional levels. Additionally, it provides profiles of key industry players. The report also delves into price trends, mass balance required raw materials, and the various unit operations integral to the garlic oleoresin manufacturing process. It includes a comprehensive capital cost analysis while covering the cost breakdown of raw materials, utilities, labor, packaging, transportation, land and construction, and machinery. The study also presents projected profit margins and recommends optimal product pricing strategies. For individuals contemplating entry into the garlic oleoresin industry or those with vested interests, this report is an essential resource.

Garlic Oleoresin Market Analysis:

The growing need for garlic oleoresin as a food additive across a range of industries, including food and beverage, pharmaceuticals, and cosmetics, is a major factor driving the market. In addition, the product's increasing use as a natural food additive and flavoring in sauces, spices, condiments, snacks, and beverages is boosting the market's expansion. Garlic oleoresin is required as a primary ingredient in spice blends, marinades, and seasoning formulations, given the expanding demand for gourmet flavors, ethnic cuisines, and culinary diversity, as well as the rise of the global market for spices and seasonings. For instance, an investment of US$ 20 Million was made by the food ingredient manufacturer, Mane Kancor Ingredients Pvt. Ltd., to extend its current production facilities. The company will benefit from this investment by being able to produce more garlic oleoresins and earn additional revenue in the Indian and foreign markets. Similarly, in Casablanca, Morocco, Givaudan inaugurated a new Flavors Technical and Commercial Center. The purpose of the new establishment is to provide creative flavor and taste solutions for garlic oleoresins to satisfy the changing needs of its African clientele.

Garlic Oleoresin Market Trends:

Rising Demand for Clean Label Products

The clean label movement, characterized by the rising consumer demand for transparent labeling, recognizable ingredients, and minimal processing, favors the usage of garlic oleoresin as a natural ingredient. This concentrated extract provides a clean, simple ingredient solution for food manufacturers seeking to meet clean label standards and address individual concerns about artificial additives. Besides this, garlic oleoresin is incorporated into functional foods, beverages, and dietary supplements for its potential health benefits and functional properties. Spicy liquids, sports drinks, weight management products, and energy bars fortified with this additive appeal to health-conscious consumers seeking convenient and effective ways to support their health and wellness goals. For example, according to the data published by Ethical Consumer, the spending on ethical food and drink products amounted to approximately GBP 2.9 Billion in the United Kingdom. Additionally, organics was the second-biggest category for individual spending, of the total GBP 12.1 Billion spent on items from various ethical categories, including garlic oleoresins.

Increasing Preference for Natural Ingredients

Increasing consumer preferences for natural, clean-label, and minimally processed food ingredients are propelling the demand for garlic oleoresin as a natural alternative to synthetic additives and artificial colors. In line with this, this concentrated extract is valued for its natural origin, intense flavor, and vibrant color, aligning with the individual demand for clean, wholesome, and authentic food products. Besides this, garlic oleoresin is associated with potential health benefits, including antioxidant, anti-inflammatory, and metabolism-boosting properties as well as its potential to lower cholesterol, improve cardiovascular health, and boost the immune system. As consumers prioritize health and wellness, there is a growing interest in functional foods and ingredients that offer added health benefits, which is also catalyzing the global market. For example, according to Ingredion’s study, around 78% of consumers globally are willing to pay extra for clean labels.

Moreover, GNT, a supplier of the Exberry line of plant-based food colors, launched a new orange color derived from paprika. The company claims that the Shade Vivid Orange–OS is a 100% oil-soluble, plant-based color made from non-GMO paprika and comprising traces of garlic oleoresin, in the firm’s Exberry portfolio.

Latest Industry News:

• Divi's and Algalif collaborated to develop concentrated beadlets of sustainable natural astaxanthin. It is utilized in renewable energy sources to extract astaxanthin oleoresin from microalgae in a naturally derived manner.
   
• KLK OLEO, GNT introduced the shade vivid orange - OS, a groundbreaking 100% oil-soluble, plant-based color in their Exberry portfolio. This color is derived from non-GMO paprika. This new color solution addresses the need for clean-label ingredients and provides an alternative to artificial colors and paprika oleoresin across a wide range of applications.

This report is essential reading for entrepreneurs, investors, researchers, consultants, and business strategists with interests in the garlic oleoresin industry. It offers a thorough examination of the current state of the industry and its future potential, supplying valuable information for informed decision-making and strategic planning. Serving as an invaluable resource, this report provides a detailed exploration of the garlic oleoresin industry, making it an indispensable tool for those looking to establish a strong presence in this dynamic sector.

The following technical and economic aspects are included in the report:

• Market Trends
• Impact of COVID-19    
• Major Regions
• Key Manufacturers
• Price Trends
• Mass Balance and Raw Material Requirements
• Various Types of Unit Operations Involved
• Raw Material Costs
• Utility Costs
• Labor Costs
• Packaging Costs
• Transportation Costs
• Land and Construction Costs
• Machinery Costs
• Profit Margins
• Product Pricing

Key Questions Answered in This Report-

• What are the various unit operations involved in manufacturing garlic oleoresin?
• What are the raw material requirements and costs in manufacturing garlic oleoresin?
• What are the utility requirements and costs in manufacturing garlic oleoresin?
• What are the manpower requirements and costs in manufacturing garlic oleoresin?
• What are the packaging requirements and costs in manufacturing garlic oleoresin?
• What are the transportation requirements and costs in manufacturing garlic oleoresin?
• What are the land requirements and costs in manufacturing garlic oleoresin?
• What are the construction requirements and costs in manufacturing garlic oleoresin?
• What are the profit margins in garlic oleoresin?
• What should be the pricing mechanism of garlic oleoresin?

Need a Customized Project Report?
Although we have tried to make the report as comprehensive as possible, we believe that every stakeholder may have their specific requirements. In view of this, we can customize the report based on your particular needs. You can share your business requirements with our consultants, and we will provide you a tailored scope. Some of the common customizations that our clients request us include:

• The report can be customized based on the country/region that you plan to set up your plant.
• The manufacturing capacity of the plant can be customized based on your requirements.
• Machinery suppliers and costs can be customized based on your requirements.
• Any additions to the current scope can also be provided based on your requirements.

Why buy Syndicated Analytics reports

• Our reports provide stakeholders insights into the viability of a business venture, allowing them to make informed business decisions.
• We have a strong network of consultants and domain experts in 100+ countries across North America, Europe, Asia Pacific, South America, Africa, and the Middle East.
• We have a strong database of equipment and raw material suppliers across all major continents.
• We regularly track and update land costs, construction costs, utility costs, labor costs, etc. across 100+ countries around the globe.
• We are the trusted business partners of the world’s leading corporates, governments, and institutions. Our client list ranges from small and start-up businesses to Fortune 500 companies.
• Our strong in-house team of engineers, statisticians, modeling experts, charted accountants, architects, etc. have been instrumental in building, expanding, and optimizing sustainable manufacturing plants across the globe.