The global market for Cloves was valued at US$5.9 Billion in 2024 and is projected to reach US$6.7 Billion by 2030, growing at a CAGR of 2.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The global market for cloves is influenced by various cultural, economic, and culinary factors. As a versatile ingredient, cloves are found in a myriad of products ranging from savory dishes to desserts and beverages. Their use in holiday recipes in Western countries, particularly during the Christmas season, and in religious and cultural ceremonies in parts of Asia and Africa, underscores their global appeal and perennial demand. The trade of cloves is also a significant economic contributor in countries like Madagascar, Indonesia, and Tanzania, where cloves are a key export commodity. Moreover, the spice’s popularity in traditional and herbal medicine, especially in Chinese and Ayurvedic treatments, continues to support its market globally, driven by a growing consumer interest in natural health products and holistic wellness.
The growth in the cloves market is driven by several factors including rising global culinary interest and the increasing incorporation of ethnic and exotic spices into everyday cooking. The spice's health benefits, particularly its potential for managing blood sugar levels and reducing inflammation, align with the current consumer trend towards functional foods that promote health and wellness. Additionally, advancements in agronomy and better cultivation techniques have improved yield and quality, making cloves more accessible to international markets. The growth of online spice retailers and global distribution channels has also made it easier for consumers to obtain high-quality cloves regardless of their geographic location. Furthermore, the expanding vegan and vegetarian populations are increasingly using spices like cloves to enrich the flavors of plant-based dishes, contributing to the sustained demand and growth of the cloves market.
Cloves- Key Trends and Drivers
Cloves are a highly aromatic spice derived from the flower buds of the Syzygium aromaticum tree, native to the Maluku Islands in Indonesia. These dried flower buds are known for their intense flavor and aroma, which comes from the compound eugenol, making them a popular addition in cuisines worldwide. Cloves are used in both whole and ground form and are a staple in spice blends such as garam masala in India, pumpkin spice in the United States, and quatre épices in France. Beyond their culinary use, cloves have a rich history in traditional medicine and are used for their antiseptic, analgesic, and anti-inflammatory properties. They also feature prominently in the production of cigarettes and some toothpastes and mouthwashes, valued for their distinctive flavor and therapeutic effects.The global market for cloves is influenced by various cultural, economic, and culinary factors. As a versatile ingredient, cloves are found in a myriad of products ranging from savory dishes to desserts and beverages. Their use in holiday recipes in Western countries, particularly during the Christmas season, and in religious and cultural ceremonies in parts of Asia and Africa, underscores their global appeal and perennial demand. The trade of cloves is also a significant economic contributor in countries like Madagascar, Indonesia, and Tanzania, where cloves are a key export commodity. Moreover, the spice’s popularity in traditional and herbal medicine, especially in Chinese and Ayurvedic treatments, continues to support its market globally, driven by a growing consumer interest in natural health products and holistic wellness.
The growth in the cloves market is driven by several factors including rising global culinary interest and the increasing incorporation of ethnic and exotic spices into everyday cooking. The spice's health benefits, particularly its potential for managing blood sugar levels and reducing inflammation, align with the current consumer trend towards functional foods that promote health and wellness. Additionally, advancements in agronomy and better cultivation techniques have improved yield and quality, making cloves more accessible to international markets. The growth of online spice retailers and global distribution channels has also made it easier for consumers to obtain high-quality cloves regardless of their geographic location. Furthermore, the expanding vegan and vegetarian populations are increasingly using spices like cloves to enrich the flavors of plant-based dishes, contributing to the sustained demand and growth of the cloves market.
Report Scope
The report analyzes the Cloves market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Form (Whole Cloves Form, Ground Cloves Form, Oil Form); Distribution Channel (Supermarkets / Hypermarkets, Specialty Retailers, Online Distribution Channel, Other Distribution Channels); End-User (Food & Beverage End-User, Personal Care & Cosmetics End-User, Pharmaceutical End-User, Other End-Users).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Whole Cloves Form segment, which is expected to reach US$3.2 Billion by 2030 with a CAGR of a 2.1%. The Ground Cloves Form segment is also set to grow at 1.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $1.6 Billion in 2024, and China, forecasted to grow at an impressive 4.3% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as A.G. Organica Pvt. Ltd, Aroma Aromatics & Flavors, Berje Inc., De Monchy Natural Products BV, Diasporaco Co. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Cloves Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cloves Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Cloves Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 42 major companies featured in this Cloves market report include:
- A.G. Organica Pvt. Ltd
- Aroma Aromatics & Flavors
- Berje Inc.
- De Monchy Natural Products BV
- Diasporaco Co.
- Eastmade Spices & Herbs Private Limited
- Fairoils SRL
- Lankan Flavour
- Madagascar Spices Company
- NOW Foods
- P.T.C Agro (Private) Limited
- PT Indo Madagaskar Raya
- Saipro Biotech Private Limited
- Schiff Food Products Co., Inc.
- Shaanxi Bolin Biotechnology Co.,Ltd
- True Ceylon Spices
- Ultra International B.V.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A.G. Organica Pvt. Ltd
- Aroma Aromatics & Flavors
- Berje Inc.
- De Monchy Natural Products BV
- Diasporaco Co.
- Eastmade Spices & Herbs Private Limited
- Fairoils SRL
- Lankan Flavour
- Madagascar Spices Company
- NOW Foods
- P.T.C Agro (Private) Limited
- PT Indo Madagaskar Raya
- Saipro Biotech Private Limited
- Schiff Food Products Co., Inc.
- Shaanxi Bolin Biotechnology Co.,Ltd
- True Ceylon Spices
- Ultra International B.V.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 381 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 5.9 Billion |
| Forecasted Market Value ( USD | $ 6.7 Billion |
| Compound Annual Growth Rate | 2.1% |
| Regions Covered | Global |
