The Clove Market size is expected to grow at an annual average CAGR of 4% during 2022-2028. Cloves are one of the most valuable spices that have been used for many years as a food preservative and for many medicinal purposes. Cloves have a strong, friendly and pleasant scent. Plants are made up of the richest sources of phenolic compounds such as eugenol, eugenol acetate and gallic acid. Eugenol is the bioactive compound in cloves and contains the highest amount of oil. The antioxidant and antibacterial properties of cloves outweigh many fruits, vegetables, and other spices. Medically, cloves have been most famously used as an anesthetic and disinfectant for toothache.
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The following segmentation are covered in this report:
By Application
- Food and beverages
- Personal care & cosmetics
- Healthcare products
- Fragrances
By Form
- Whole clove
- Powdered clove
- Clove oil
Company Profile
- BERJ
- McCormick & Company
- NOW Foods
- Saipro Biotech
- VAN Aroma
The report covers the following objectives:
- Proliferation and maturation of trade in the global Clove Market
- The market share of the global Clove Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Clove Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Clove Market
Scope of the report
The research study analyses the Clove Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Clove Market Report
- What was the Clove Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028)
- What will be the Clove Market CAGR of Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Clove Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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