Clove Market by Product Form (Powder, Whole Oil), Application (Food and Beverage, Healthcare Products, Personal Care & Cosmetics), Distribution Channel (Hypermarket/Supermarket, Departmental Stores, Grocery Stores), End-Users (Commercial, Household) & Region for 2024-2031

Clove Market Valuation – 2024-2031

The clove market is primarily driven by the spice’s application in food, beverages, and medicines. Indonesia, Madagascar, and Tanzania are the top producers, contributing to the vast majority of global supply. Cloves are in high demand in both the culinary and non-culinary industries, with applications including traditional medicine, aromatherapy, and personal care items. This is likely to enable the market size to surpass USD 5.9 Billion in 2024 to reach a valuation of around USD 6.9 Billion by 2031.

The growing popularity of natural and organic products drives market expansion. The Asia-Pacific region dominates the market, owing to strong demand in India and China. However, the market confronts problems due to fluctuating raw material prices and the availability of synthetic replacements. The rising demand for Clove is enabling the market to grow at a CAGR of 3.70% from 2024 to 2031.

Clove MarketDefinition/ Overview

Clove is a spice made from the flower buds of the clove tree (Syzygium aromaticum). It is native to Indonesia and is frequently used in cooking for its warm, aromatic flavor, as well as a medicinal herb with analgesic and antibacterial effects. Cloves are high in essential oils, particularly eugenol.

Clove is a popular spice in cooking due to its aromatic flavor, especially in Asian, African and Middle Eastern cuisines. It also has therapeutic characteristics and is commonly used in traditional medicine for its antibacterial, anti-inflammatory and pain-relieving properties, especially for tooth problems.

Clove’s prospective applications include traditional medicine, culinary flavoring and aromatherapy. It’s also being studied for its antibacterial and anti-inflammatory qualities, which could be used in pharmaceuticals, natural insecticides and oral care products such as toothpaste and mouthwash.

Will Growing Demand for Natural and Organic Products Boost the Clove Market Growth?

The increasing demand for natural and organic products is projected to drive clove market expansion. As customers look for natural alternatives to health, wellness and personal care, clove’s natural antibacterial, anti-inflammatory and fragrant characteristics make it an appealing ingredient. In the food and beverage industry, clove is prized for its distinct flavor and potential health advantages, which aligns with the movement toward clean label and less processed foods. Clove essential oil is widely used in personal care and healthcare products due to its medicinal properties.

This growing consumer preference for natural and organic components is expected to boost demand for clove, creating market potential and quickening growth across a variety of applications.

Will Increasing Weather and Climate Risks Hamper the Clove Market?

Increasing weather and climate hazards may harm the clove market. Cloves are climate-sensitive, requiring certain temperature and rainfall patterns for optimal growth. Extreme weather conditions, such as protracted droughts or extreme rainfall, can reduce clove yields and quality. Furthermore, shifting climate conditions may trigger insect and disease outbreaks, reducing crop viability.

Such disruptions can induce changes in supply, resulting in price volatility and even shortages. As a result, parties in the clove market may experience difficulties in maintaining regular production levels, thereby affecting market stability and growth. Adapting agricultural techniques and investing in climate-resilient strategies will be critical for mitigating these risks.

Category-Wise Acumens

Will Wide Product Variety and Attractive Pricing Drive the Distribution Channel Segment?

The hypermarkets and supermarkets segment is projected to hold major share in the market over the forecast period. The growing need for  diverse product offering and competitive pricing among consumers is anticipated to enable the segment dominate. A wide selection of clove products, including whole cloves, ground cloves and essential oils, meet the diversified needs of consumers in a variety of applications. This variety enables hypermarkets and supermarkets distributors to address specific customer needs in the culinary, healthcare and personal care industries.

Competitive pricing methods help attract more buyers by providing affordable solutions, hence expanding market penetration and accessibility. As a result, distributors can broaden their reach and gain more market share. Increasing product diversity, paired with reasonable pricing, increases the appeal of hypermarkets and supermarkets, making them critical to market growth and consumer engagement.

Will Increasing Spice’s Popularity as A Flavoring Agent in Various Cuisines Drive the Application Segment?

Spices, particularly clove, are becoming increasingly popular as flavoring agents in various cuisines, which is projected to drive the food and beverage application segment. As global culinary trends shift, customers seek out new and unusual flavors, raising demand for spices such as clove. Its distinct flavor complements both classic and contemporary meals, resulting in its extensive use in cooking and baking.

This trend is fueled by a growing interest in world cuisine and a thriving food and beverage business. Furthermore, the advent of food fusion and gourmet cookery drives up demand for clove, supporting its market relevance. As a result, the food and beverage category is projected to experience significant growth.

Gain Access into Clove Market Report Methodology

Country/Region-wise Acumens

Will High Consumption in Traditional Cuisines Drive the Market in Asia Pacific?

The Asia-Pacific clove industry is being driven primarily by rising consumption in traditional cuisines. Clove is a common component in many Asian cuisines, particularly in India, Indonesia and Sri Lanka, where it is used in a wide range of meals, spice mixes and beverages. The spice’s distinct flavor profile and aromatic characteristics make it an essential ingredient in curries, marinades and traditional herbal teas.

Furthermore, the region’s rich culinary heritage and rising population contribute to a consistent need for cloves. Aside from culinary applications, clove’s antibacterial and anti-inflammatory effects in traditional medicine help to drive market expansion in Asia-Pacific. This region’s cultural and historical ties to cloves ensure its continued market supremacy.

Will Increasing Demand for Natural and Organic Ingredients in Food Drive the Market in North America Region?

The growing demand for natural and organic food components is projected to propel the clove market in North America. Consumers are becoming more health conscious and they are actively looking for natural, organic products free of harmful additives and preservatives. Clove, known for its antibacterial and anti-inflammatory characteristics, is a good fit for this trend.

As a result, food makers and culinary enthusiasts are adding cloves into recipes and goods, hence driving market growth. Furthermore, the rise of premium and gourmet food trends, combined with increasing knowledge of the benefits of natural ingredients, is driving demand for clove in the North American market.

Competitive Landscape

The clove market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.

Some of the prominent players operating in the clove market include

• McCormick & Company, Inc.
• The Kraft Heinz Company
• Archer Daniels Midland Company
• Olam International Limited
• Kerry Group plc

Latest Developments

• In February 2022, Indesso, an Indonesian Java-based clove oil company, established a factory to extract oil from ripe clove leaves in Msasa IBC village in Tanga’s Muheza district.
• In October 2021, the Indian government approved the geographical indication (Gl) tag for the Kanyakumari clove varietal. This clove type is most commonly found in the steep districts of Tamil Nadu’s Western Ghats.

Report Scope

Clove Market, By Category

Form

• Powder
• Whole
• Oil

Application

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

Distribution Channel

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

End-User

• Commercial
• Household

Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Research Methodology of Market Research