Global Cloves Market is Anticipated to Grow Over $6.7 Billion by 2030

The global Cloves Industry Size was nearly $4.1 Billion in 2022 and is set to reach $6.7 Billion by 2030 with a CAGR of nearly 3.7% between 2023 and 2030.

Cloves are kind of spices that are characterized by a pungent aroma and a strong spicy flavor. They are used grinded and used in the preparation of marinades and meat. Apart from this, cloves find lucrative applications in mouth fresheners, perfumes, and toothpaste. They are also used in culinary foods and other cuisines. Clove is also used for medicinal purposes and as traditional medicine in various cultures for reducing toothache, headache, and arthritic inflammation.

Growing use of cloves as food preservatives has not only made it popular across the globe but has also contributed majorly to the global cloves market demand. In addition to this, cloves are antioxidants, containing large proportions of gallic acid and eugenol. Moreover, clove oil is used for relieving pain, curing respiratory conditions, and improving digestion. All these aforementioned factors will accentuate the growth of the cloves market. Strong aromatic flavor imparted by cloves to food products has increased its use in cooking activities globally, thereby steering the market growth trends.

However, few risks are related to use of clove as well as clove oil. As per NCBI, the use of clove oil can cause skin irritation, respiratory problems, and eye problems. All these factors can impede the expansion of the global cloves industry. Nevertheless, escalating penetration of cloves in food & beverage, perfumes, and toothpaste will create new growth opportunities for the global industry.

The global cloves market is divided into form, application, distribution channel, end-users, and region.

Based on the end-users, the global cloves market is divided into commercial and household segments. Moreover, the household segment is predicted to lead the end-users segment over the projected timeframe owing to the massive demand for cloves from various households as the use of cloves as traditional medicine is part of various cultures across the globe.

Based on the form, the cloves market across the globe is divided into powder, whole, and oil segments.

In terms of application, the global cloves industry is sectored into healthcare products, food and beverage, and personal care & cosmetics segments.

In terms of distribution channel, the global cloves industry is bifurcated into departmental stores, online retailers, hypermarket/supermarket, and grocery stores segments. In addition to this, the grocery stores segment is expected to dominate the distribution channel segment in the years ahead. The growth of the segment from 2023 to 2030 can be owing to the large-scale stocking of cloves on shelves of grocery stores. Apart from this, a large proportion of cloves is sold at these grocery stores, thereby driving the segmental surge. 

The Asia-Pacific cloves market is anticipated to register huge growth over the forecast timeline. The expansion of the regional market over the projected timespan can be credited to a rise in the production of cloves in the countries such as Indonesia. In addition to this, the presence of giant players in the country will help in the proliferation of the size of the cloves market in the Asia-Pacific. Moreover, Indonesia also exports cloves to various countries such as India, Bangladesh, Singapore, the United Arab Emirates, the United States of America, and Pakistan. This has created new growth opportunities for the cloves market in the country as well as across the Asia-Pacific region.

This review is based on a report by Zion Market Research, titled “Cloves Market By Form (Whole, Powder, and Oil), By Application (Food and Beverage, Healthcare Products, and Personal Care & Cosmetics), By End-Users (Commercial and Household), By Distribution Channel (Online Retailers, Hypermarket/Supermarket, Departmental Stores, and Grocery Stores), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/cloves-market

Recent Breakthroughs:

• In February 2023, Kretek International, Inc., a key U.S.-based distribution & marketing firm in the specialty tobacco business, launched nicotine-free & hemp-free clove cigars. Reportedly, the new Djarum Bliss cigar product line offers complete clove flavor & aroma devoid of tobacco for clove smokers. The new product will be available in convenience stores and California tobacco stores. It is available in four distinct clove flavors including menthol, tobacco-free, and original clove flavors. The move will help in the expansion of the cloves industry in the U.S. and across the North American sub-continent.  
• In February 2022, Indesso, a key clove oil manufacturer in Indonesia, established a factory in Indonesia for deriving clove oil from the leaves of the clove plants. The move will boost the growth trends of the cloves market in Southeast Asia.
• In October 2021the government of India provided a geographical indication (GI) tag to Kanyakumari clove. Reportedly, the Kanyakumari cloves are cultivated in hilly areas of western ghats in Tamil Nadu. Such initiatives will provide impetus to clove harvesting in India and will pave a way for massive growth of the cloves market in the Asia-pacific zone.

Key participants in the global cloves industry include:

• Royal Spices
• Super Africa Products
• Shaanxi Longleaf Biotechnology Co. Ltd.
• Jiangxi Yisenyuan Plant Spices Co. Ltd
• Clove Rect. Indonesia Oil
• Sancheti Global Inc
• Aroma Aromatics & Flavors
• Saipro Biotech Private Limited
• Qingdao Cemo Technology Develop Co. Ltd.
• Madagascar Spices Company
• PTC Agro Ltd.
• Ultra-International Limited
• Lankan FlavourWee Kiat Development Pte Ltd.
• Hebei Guanlang Biotechnology Co. Ltd
• NOW Foods
• Union Trading Company
• True Ceylon Spices
• Eastmade Spices & Herbs Private Limited
• Ultra International B.V.
• Berje Inc.
• Manohar Botanical Extracts Pvt. Ltd.

The global cloves market is segmented as follows:

By Form

• Powder
• Whole
• Oil

By Distribution Channel

• Online Retailers
• Hypermarket/Supermarket
• Departmental Stores
• Grocery Stores

By Application

• Food and Beverage
• Healthcare Products
• Personal Care & Cosmetics

By End-Users

• Commercial
• Household

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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