Market Overview:
The global clove leaf oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for clove leaf oil in the food industry, pharmaceutical industry, and spice industry. Clove leaf oil is also used as a natural preservative and has anti-inflammatory properties. These factors are expected to drive the growth of the global clove leaf oil market during the forecast period.
Product Definition:
Clove Leaf Oil is a volatile essential oil which is extracted from the leaves of the clove plant. The oil has a spicy, woody scent and is used in aromatherapy to help relieve tension and stress. It can also be used to treat pain and inflammation.
73% Clove Leaf Oil:
73% clove leaf oil is a natural extract from the leaves of clove plant. It has anti-inflammatory, antioxidant and analgesic properties. 73% CLOVE LEAF OIL is extracted by mechanical methods such as supercritical fluid CO2 or subcritical water vapor technique. The extraction process should have low temperature (ideally less than 50°C), high pressure (ideally above 200 bars) and short extraction time (less than 45 minutes).
80% Clove Leaf Oil:
80% clove leaf oil is derived from the leaves of Clovia scandens. It has a strong, spicy aroma and flavor like no other oil. 80% clove leaf oil is used in many applications such as bakery products, confectionery, dietary supplements and medicines among others.
Application Insights:
The food industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has a strong taste, which masks the inherent bitterness of other spices, making it suitable for use in food and bakery products. It is used as an ingredient in commercial products such as toothpaste and cigarette filters. In addition, it finds extensive usage as a flavoring agent in various foods & beverages such as baked goods, chocolate bars, cheese snacks & pies (excluding dairy), coffee creamers/milk creameries ice cream sauces carbonated soft drinks beer wine etc.
Clove leaf oil contains eugenol which exhibits anti-inflammatory properties when applied topically on skin wounds; this property makes it useful for treating cuts & abrasions at very early stages without causing any harm to deeper structures of organs like heart or lungs.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, Indonesia, Vietnam and India. These countries are among the largest producers of cloves as well as their oil in terms of output. Moreover, increasing demand for natural products coupled with rising health awareness has resulted in an increased production of clove leaf oil across these countries over the past few years.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of clove leaf oil
- Growing popularity of aromatherapy and essential oils
- Rapid urbanization and growing disposable income in developing countries
- Proliferation of online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Clove Leaf Oil Market Research Report
By Type
73% Clove Leaf Oil, 80% Clove Leaf Oil, 82% Clove Leaf Oil, Other
By Application
Food Industry, Pharmaceutical Industry, Spice Industry
By Companies
Aura Cacia, Van Aroma, India Essential Oils, Kanta Group, Givaudan, Manohar Botanical Extracts Pvt. Ltd, AOS Products, Aroma Aromatics & Flavours, Saipro Biotech Private Limited, Nature's Alchemy, Earths Care, Great American Spice, LorAnn, Humco, 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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Clove Leaf Oil Market Report Segments:
The global Clove Leaf Oil market is segmented on the basis of:
Types
73% Clove Leaf Oil, 80% Clove Leaf Oil, 82% Clove Leaf Oil, Other
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
Food Industry, Pharmaceutical Industry, Spice Industry
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
- Van Aroma
- India Essential Oils
- Kanta Group
- Givaudan
- Manohar Botanical Extracts Pvt. Ltd
- AOS Products
- Aroma Aromatics & Flavours
- Saipro Biotech Private Limited
- Nature's Alchemy
- Earths Care
- Great American Spice
- LorAnn
- Humco
- Rocky Mountain Oils
- OliveNation
Highlights of The Clove Leaf Oil 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:
- 73% Clove Leaf Oil
- 80% Clove Leaf Oil
- 82% Clove Leaf Oil
- Other
- By Application:
- Food Industry
- Pharmaceutical Industry
- Spice Industry
- 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 Clove Leaf Oil 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Clove leaf oil is a type of essential oil derived from the clove tree. It has a strong, pungent odor and is used in aromatherapy to promote relaxation.
Some of the key players operating in the clove leaf oil market are Aura Cacia, Van Aroma, India Essential Oils, Kanta Group, Givaudan, Manohar Botanical Extracts Pvt. Ltd, AOS Products, Aroma Aromatics & Flavours, Saipro Biotech Private Limited, Nature's Alchemy, Earths Care, Great American Spice, LorAnn, Humco, Rocky Mountain Oils, OliveNation.
The clove leaf oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Clove Leaf Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Clove Leaf Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Clove Leaf Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Clove Leaf Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Clove Leaf Oil Market Size & Forecast, 2018-2028
4.5.1 Clove Leaf Oil Market Size and Y-o-Y Growth
4.5.2 Clove Leaf Oil Market Absolute $ Opportunity
Chapter 5 Global Clove Leaf Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Clove Leaf Oil Market Size Forecast by Type
5.2.1 73% Clove Leaf Oil
5.2.2 80% Clove Leaf Oil
5.2.3 82% Clove Leaf Oil
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Clove Leaf Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Clove Leaf Oil Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaceutical Industry
6.2.3 Spice Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Clove Leaf Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Clove Leaf Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Clove Leaf Oil Analysis and Forecast
9.1 Introduction
9.2 North America Clove Leaf Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Clove Leaf Oil Market Size Forecast by Type
9.6.1 73% Clove Leaf Oil
9.6.2 80% Clove Leaf Oil
9.6.3 82% Clove Leaf Oil
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Clove Leaf Oil Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaceutical Industry
9.10.3 Spice Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Clove Leaf Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Clove Leaf Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Clove Leaf Oil Market Size Forecast by Type
10.6.1 73% Clove Leaf Oil
10.6.2 80% Clove Leaf Oil
10.6.3 82% Clove Leaf Oil
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Clove Leaf Oil Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaceutical Industry
10.10.3 Spice Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Clove Leaf Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Clove Leaf Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Clove Leaf Oil Market Size Forecast by Type
11.6.1 73% Clove Leaf Oil
11.6.2 80% Clove Leaf Oil
11.6.3 82% Clove Leaf Oil
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Clove Leaf Oil Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaceutical Industry
11.10.3 Spice Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Clove Leaf Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Clove Leaf Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Clove Leaf Oil Market Size Forecast by Type
12.6.1 73% Clove Leaf Oil
12.6.2 80% Clove Leaf Oil
12.6.3 82% Clove Leaf Oil
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Clove Leaf Oil Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaceutical Industry
12.10.3 Spice Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Clove Leaf Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Clove Leaf Oil Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Clove Leaf Oil Market Size Forecast by Type
13.6.1 73% Clove Leaf Oil
13.6.2 80% Clove Leaf Oil
13.6.3 82% Clove Leaf Oil
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Clove Leaf Oil Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaceutical Industry
13.10.3 Spice Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Clove Leaf Oil Market: Competitive Dashboard
14.2 Global Clove Leaf Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aura Cacia
14.3.2 Van Aroma
14.3.3 India Essential Oils
14.3.4 Kanta Group
14.3.5 Givaudan
14.3.6 Manohar Botanical Extracts Pvt. Ltd
14.3.7 AOS Products
14.3.8 Aroma Aromatics & Flavours
14.3.9 Saipro Biotech Private Limited
14.3.10 Nature's Alchemy
14.3.11 Earths Care
14.3.12 Great American Spice
14.3.13 LorAnn
14.3.14 Humco
14.3.15 Rocky Mountain Oils
14.3.16 OliveNation
