Global Cloves Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Whole Clove, Powdered Clove, and Clove oil.

By Application;

Food & Beverages, Personal Care & Cosmetics, Healthcare Products, and Fragrances.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn953352717 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Cloves Market (USD Million), 2021 - 2031

In the year 2024, the Global Cloves Market was valued at USD 386.71 million. The size of this market is expected to increase to USD 518.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.

The Global Cloves Market represents a significant segment within the broader spice industry, driven by the widespread culinary and medicinal applications of cloves worldwide. Cloves, derived from the flower buds of the Syzygium aromaticum tree, are valued for their aromatic flavor, rich history, and diverse uses in various cuisines, beverages, and pharmaceutical products. This market is characterized by robust demand from both consumer and industrial sectors, underpinned by the spice's unique sensory profile and versatile applications.

The market for cloves is influenced by several key factors. Firstly, cloves are essential ingredients in spice blends, sauces, pickles, and meat dishes across numerous cultures, contributing to their global popularity and consumption. Secondly, the medicinal properties of cloves, such as their antimicrobial and antioxidant attributes, drive demand in the pharmaceutical and healthcare industries for products ranging from herbal remedies to oral care formulations. Additionally, cloves are extensively used in the production of essential oils and flavor extracts, further diversifying their market applications.

The market is supported by major producing regions such as Indonesia, Madagascar, Tanzania, and Sri Lanka, which are pivotal in global cloves cultivation and export. These regions not only cater to domestic demand but also play a crucial role in supplying international markets, ensuring a steady flow of cloves to meet global consumption needs. As consumer awareness grows regarding the health benefits and culinary versatility of cloves, coupled with advancements in agricultural practices and processing technologies, the Global Cloves Market is poised for continued growth and innovation in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Cloves Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Natural and Organic Products
        2. Growing Awareness of Health Benefits
        3. Expanding Use in Food and Beverage Industry
        4. Rising Demand in Pharmaceutical Applications
        5. Favorable Agricultural Conditions in Key Producing Regions
      2. Restraints
        1. Price Volatility and Market Speculation
        2. Dependency on Weather Conditions
        3. Trade Restrictions and Tariffs
        4. Quality Control and Compliance Issues
      3. Opportunities
        1. Expansion into Emerging Markets
        2. Development of Value-Added Products
        3. Innovations in Processing Technologies
        4. Increasing Adoption in Cosmetic Industry
        5. Sustainable Farming Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cloves Market, By Form, 2021 - 2031 (USD Million)
      1. Whole Clove
      2. Powdered Clove
      3. Clove Oil
    2. Global Cloves Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Personal Care & Cosmetics
      3. Healthcare Products
      4. Fragrances
    3. Global Cloves Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Alliance Organics LLP
      2. Evergreen Exports
      3. Sia Fathima Exports
      4. Viet Spice Co.
      5. Lionel Hitchen Essential Oils Ltd.
      6. PT Agro Indomas
  7. Analyst Views
  8. Future Outlook of the Market