Global Clove Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global clove market in its upcoming report titled, “Global Clove Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global clove market is estimated to register a CAGR of XXX% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global clove market report has been segmented on the basis of form, application, end user distribution channel, and region.

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Clove is one of the most valuable spices that has been used for many years as food preservative and for many medicinal purposes. Cloves have a strong, kind, pleasant aroma. The plant consists of the richest source of phenolic compounds such as eugenol, eugenol acetate and gallic acid. Eugenol is the bioactive compound of clove, containing the largest quantities of oil present in it. In clove, antioxidant and antimicrobial properties is more than many fruits, vegetables and other spices. Medicinally, clove has been most notably used as an anaesthetic and antiseptic for toothache. Clove oil is traditionally used for immune, respiratory, and digestive support, as well as a food supplement for flavouring.

Key driver of the global clove market is high usage of clove in personal care, cosmetics, and health care product. In addition, rising demand for cloves in the food industry, changing lifestyle, increasing concern towards health, demand of herbal based and natural product are the factors anticipated to propel growth of the global clove market.

In the recent years, the global demand for clove has significantly increased due to rising industrial application across the world. Manufacturer are focusing on increasing product penetration through online retailing, and creating awareness for benefit of clove through promotional activities such as increasing television commercials, value added packages in the various products range. Various R&D activities are performed on clove to study the medical properties and benefits of clove. As a result of the growing concern on food safety, quality management systems play an important role in the spice & herb market. IFS, BRC and ISO 22000 are the most widely used quality management systems used in the food industry

The market in Asia Pacific is expected to dominate market of the global clove market, due high production of clove in countries such as Indonesia, India, Malaysia, Sri Lanka in this region. The demand for clove is expected to increase in regions such as North America and Western Europe due to its wide application in personal care, cosmetics, and health care.

Global Clove Market Segmentation:

Segmentation by form:

• Whole clove
• Powdered clove
• Clove oil

Segmentation by application:

• Food and beverages
• Personal care & cosmetics
• Healthcare products
• Fragrances

Segmentation by end user:

• Commercial
• Residential

Segmentation by distribution channel:

• Grocery stores
• Hypermarkets & retail chains
• Online retailers

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• True Ceylon Spices
• Royal Spices
• Saipro Biotech Private Limited
• Super Africa Products
• Wee Kiat Development Pte Ltd.
• Manohar Botanical Extracts Pvt. Ltd.
• Frontier Natural Products Co-op Inc.
• PTC Agro (PVT) LTD
• Lankan Flavour
• NOW Foods