Cloves Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


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Cloves Market: Snapshot

Originally originated from Indonesia, clove has become an essential ingredient in many cuisines across the globe. The bud has a pungent taste and strong recognizable aroma. Due to vast application cloves in various food delicacies across the globe the global cloves market is experiencing robust growth in the coming years.

However, various medical application of the bud is also responsible for the projected growth of the global cloves market in coming years. Clove oil is the most common medical application of cloves. It is extensively used in many medicines and personal care products.

Some of the medical application of cloves are mentioned below:

Premature Ejaculation: Many medical studies have proved that clove is one of the best natural ingredients that can help males to cope up with the issues of premature ejaculation and have a better sex life. Owing to this factor many pharmaceutical companies include clove as their major ingredient in sex-enhancing drugs. This, as a result, help the cloves market to grow exponentially.

Toothache: Many modern researches and ancient medical literature have mentioned cloves as the remedy for toothaches. It is for this reason that many toothpastes available today consist of cloves extract in them. This medical application is yet again a major factor that is promoting the growth of global cloves market.

Antibacterial Medicines: Cloves have an exceptional property of improving the immunity of the human body. Therefore, it is extensively used in many antibacterial drugs. This application of the bud is one of the major factors that is influencing the growth of global cloves market over the period of time.

Cloves are the spices made from aromatic flower buds of the clove tree. In terms of taste and flavor, cloves have very strong spicy taste and pungent aroma. They are consumed either as a whole or ground, and have application in culinary food, meat, marinades and in many other cuisines. Moreover, cloves also have demand in the global market in the form of oil which is widely used in personal care, cosmetics, and health care products. In the current scenario, demand for cloves is increasing in the global market due to its wide application in food and beverage industry for unique taste and aroma, whereas in personal care and cosmetic products it is used in toothpaste, perfumes, and mouth rinse and in many other products. Apart from its usage in food and personal care products, it is also gaining demand in health care industry as it helps to cure lot of health related problems such as a cough and cold, toothache, etc. The majority of cloves in the world are produced in Asia Pacific and Latin American countries. Currently, the highest demand for cloves in terms of consumption in the global market accounts comes from Asia Pacific and North America region.

Global Cloves Market: Market Drivers

Key driver which is influencing the demand for cloves in the global market is the increasing demand for cloves in the food industry, primarily in cuisines in Asia and in the Middle East as it adds perceptible flavor and strong spicy taste in food. On the other side, cloves are also in high demand from personal care and health care manufacturers to meet the increasing demand for consumers seeking for products based on herbal and natural ingredients. Changing lifestyle, increasing concern towards health and demand of herbal based and natural products are some of the key factors behind the rising demand for cloves in developing countries.

Global Cloves Market: Market Segment

The market for clove is segmented on the basis of by form, by application, by distribution channel, and by end-use. On the basis of form, cloves market is segmented into whole, powder, and oil. Cloves in the form of whole and powder are mostly used in food and beverages, and clove oil is used in cosmetics, personal care, and healthcare products. Further, the market for cloves is segmented by the application which includes food and beverage industry, personal care and cosmetics, and health care products. It is used as a spice or a key ingredient in food and culinary products to give unique aroma and taste. In addition, demand for cloves is also increasing in natural, herbal, and organic product manufacturers as it is used as a herbal or natural ingredient in products such as toothpaste, perfumes, skin care, hair care, fragrances, etc. In the healthcare industry, cloves are used to cure problems related to infection, dental, headache, respiratory problems, and blood circulation and for many other health benefits. Further, on the basis of the distribution channel, it is segmented into hypermarket/supermarket, departmental stores, neighborhood stores and online retailers. Another segment is on the basis of its end-use, which includes commercial and household.

Global Cloves Market: Regional Segment

On the basis of the regional segment, the global market for cloves is segmented in seven different regions including North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and the Middle East & Africa. In the global market, the majority of the consumption of cloves is in Asia-Pacific countries in terms of both value and volume. Further, the demand for cloves is also increasing in North America and Western Europe countries due to its wide application in personal care, cosmetics, and health care manufacturers.

Global Cloves Market: Key Players

Cloves are the spices made from aromatic flower buds of the clove tree. In terms of taste and flavor, cloves have very strong spicy taste and pungent aroma. They are consumed either as a whole or ground, and have application in culinary food, meat, marinades and in many other cuisines. Moreover, cloves also have demand in the global market in the form of oil which is widely used in personal care, cosmetics, and health care products. In the current scenario, demand for cloves is increasing in the global market due to its wide application in food and beverage industry for unique taste and aroma, whereas in personal care and cosmetic products it is used in toothpaste, perfumes, and mouth rinse and in many other products. Apart from its usage in food and personal care products, it is also gaining demand in health care industry as it helps to cure lot of health related problems such as a cough and cold, toothache, etc. The majority of cloves in the world are produced in Asia Pacific and Latin American countries. Currently, the highest demand for cloves in terms of consumption in the global market accounts comes from Asia Pacific and North America region.

Global Cloves Market: Market Drivers

Key driver which is influencing the demand for cloves in the global market is the increasing demand for cloves in the food industry, primarily in cuisines in Asia and in the Middle East as it adds perceptible flavor and strong spicy taste in food. On the other side, cloves are also in high demand from personal care and health care manufacturers to meet the increasing demand for consumers seeking for products based on herbal and natural ingredients. Changing lifestyle, increasing concern towards health and demand of herbal based and natural products are some of the key factors behind the rising demand for cloves in developing countries.

Global Cloves Market: Market Segment

The market for clove is segmented on the basis of by form, by application, by distribution channel, and by end-use. On the basis of form, cloves market is segmented into whole, powder, and oil. Cloves in the form of whole and powder are mostly used in food and beverages, and clove oil is used in cosmetics, personal care, and healthcare products. Further, the market for cloves is segmented by the application which includes food and beverage industry, personal care and cosmetics, and health care products. It is used as a spice or a key ingredient in food and culinary products to give unique aroma and taste. In addition, demand for cloves is also increasing in natural, herbal, and organic product manufacturers as it is used as a herbal or natural ingredient in products such as toothpaste, perfumes, skin care, hair care, fragrances, etc. In the healthcare industry, cloves are used to cure problems related to infection, dental, headache, respiratory problems, and blood circulation and for many other health benefits. Further, on the basis of the distribution channel, it is segmented into hypermarket/supermarket, departmental stores, neighborhood stores and online retailers. Another segment is on the basis of its end-use, which includes commercial and household.

Global Cloves Market: Regional Segment

On the basis of the regional segment, the global market for cloves is segmented in seven different regions including North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and the Middle East & Africa. In the global market, the majority of the consumption of cloves is in Asia-Pacific countries in terms of both value and volume. Further, the demand for cloves is also increasing in North America and Western Europe countries due to its wide application in personal care, cosmetics, and health care manufacturers.

Global Cloves Market: Key Players

Some of the key players operating in the cloves market are Saipro Biotech Private Limited, ROYAL SPICES, True Ceylon Spices, Lankan Flavour, Aroma Aromatics & Flavours, Super Africa Products, PTC Agro (PVT) LTD., Wee Kiat Development Pte Ltd., Manohar Botanical Extracts Pvt. Ltd., and NOW Foods.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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