The global medicinal clove market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for natural products and the rising number of people suffering from chronic diseases such as diabetes, cancer, and cardiovascular diseases. The growing awareness about medicinal clove among consumers is also driving the growth of this market. The global medicinal clove powder segment accounted for more than half of the total revenue in 2018 and is expected to maintain its dominance throughout the forecast period. This segment is projected to grow at a CAGR of 7% during 2020-2030 due to its wide range of applications in various industries such as food & beverage, pharmaceuticals, cosmetics & personal care products, and others. North America accounted for more than one-third share in 2018 owing to high demand for natural products among consumers in this region coupled with an increase in chronic diseases such as diabetes and cancer which are driving up demand for medicinal clove oil globally.
Some Of The Growth Factors Of This Market:
- The clove is a popular spice in many cuisines, and it has been used for medicinal purposes for centuries.
- Cloves are also used as an insect repellent, and they have been shown to be effective against mosquitoes that carry malaria.
- Cloves are also used in the production of perfumes and soaps, which may lead to increased demand for cloves in the future as more people become aware of their benefits.
- The clove tree is native to Indonesia, but it can now be found growing on other continents such as Africa and South America due to its popularity with farmers who grow spices or other crops nearby the clove tree's natural habitat.
- The price of cloves has fluctuated over time due to factors such as weather conditions that affect crop yields.
Industry Growth Insights published a new data on “Medicinal Clove Market”. The research report is titled “Medicinal Clove Market research by Types (Powder, Clove Oil), By Applications (Hospital, Medical Center, Laboratory, Others), By Players/Companies Aura Cacia, Manohar Botanical Extracts, Aroma Aromatics & Flavours, Saipro Biotech Private Limited, Nature’s Alchemy, Earths Care, Great American Spice, Japan Woodworker, LorAnn, Humco, Hemani, Rocky Mountain Oils, OliveNation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medicinal Clove Market Research Report
By Type
Powder, Clove Oil
By Application
Hospital, Medical Center, Laboratory, Others
By Companies
Aura Cacia, Manohar Botanical Extracts, Aroma Aromatics & Flavours, Saipro Biotech Private Limited, Nature’s Alchemy, Earths Care, Great American Spice, Japan Woodworker, LorAnn, Humco, Hemani, Rocky Mountain Oils, OliveNation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Medicinal Clove Market Report Segments:
The global Medicinal Clove market is segmented on the basis of:
Types
Powder, Clove Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Medical Center, Laboratory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aura Cacia
- Manohar Botanical Extracts
- Aroma Aromatics & Flavours
- Saipro Biotech Private Limited
- Nature’s Alchemy
- Earths Care
- Great American Spice
- Japan Woodworker
- LorAnn
- Humco
- Hemani
- Rocky Mountain Oils
- OliveNation
Highlights of The Medicinal Clove Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Clove Oil
- By Application:
- Hospital
- Medical Center
- Laboratory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medicinal Clove Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medicinal clove is a spice derived from the dried flower buds of the clove tree. Cloves are used as a flavoring and fragrance in food, medicine, and perfume.
Some of the major players in the medicinal clove market are Aura Cacia, Manohar Botanical Extracts, Aroma Aromatics & Flavours, Saipro Biotech Private Limited, Nature¢â‚¬â„¢s Alchemy, Earths Care, Great American Spice, Japan Woodworker, LorAnn, Humco, Hemani, Rocky Mountain Oils, OliveNation.
The medicinal clove market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medicinal Clove Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medicinal Clove Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medicinal Clove Market - Supply Chain
4.5. Global Medicinal Clove Market Forecast
4.5.1. Medicinal Clove Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medicinal Clove Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medicinal Clove Market Absolute $ Opportunity
5. Global Medicinal Clove Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medicinal Clove Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Clove Oil
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medicinal Clove Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medicinal Clove Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Medical Center
6.3.3. Laboratory
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medicinal Clove Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medicinal Clove Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medicinal Clove Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medicinal Clove Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medicinal Clove Demand Share Forecast, 2019-2026
9. North America Medicinal Clove Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medicinal Clove Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medicinal Clove Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Medical Center
9.4.3. Laboratory
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medicinal Clove Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Clove Oil
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medicinal Clove Demand Share Forecast, 2019-2026
10. Latin America Medicinal Clove Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medicinal Clove Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medicinal Clove Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Medical Center
10.4.3. Laboratory
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medicinal Clove Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Clove Oil
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medicinal Clove Demand Share Forecast, 2019-2026
11. Europe Medicinal Clove Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medicinal Clove Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medicinal Clove Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Medical Center
11.4.3. Laboratory
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medicinal Clove Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Clove Oil
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medicinal Clove Demand Share, 2019-2026
12. Asia Pacific Medicinal Clove Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medicinal Clove Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medicinal Clove Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Medical Center
12.4.3. Laboratory
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medicinal Clove Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Clove Oil
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medicinal Clove Demand Share, 2019-2026
13. Middle East & Africa Medicinal Clove Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medicinal Clove Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medicinal Clove Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Medical Center
13.4.3. Laboratory
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medicinal Clove Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Clove Oil
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medicinal Clove Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medicinal Clove Market: Market Share Analysis
14.2. Medicinal Clove Distributors and Customers
14.3. Medicinal Clove Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aura Cacia
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Manohar Botanical Extracts
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aroma Aromatics & Flavours
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Saipro Biotech Private Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Natures Alchemy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Earths Care
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Great American Spice
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Japan Woodworker
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LorAnn
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Humco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hemani
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Rocky Mountain Oils
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. OliveNation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook