Clove Powder Market Scope
Clove powder is the most used staple for spicing up food dishes and baked goods. Clove is widely used in curry, soups, meats, sauces, and rice dishes to give a different flavor and spice up food. Clove is originating in Indonesia and is often consumed in the various Asian and African dishes and can also be combined with other warm spices for application in the salad. Clove can also be used in traditional medicines since ancient times to cure various health diseases. The commercial application segment holds a major share of the clove powder market due to high adoption by the restaurants, food sellers, and other commercials who are in food preparation.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Mountain Rose Herbs (United States), Urban Platter (India), Spinneys (Lebanon), Penzeys Spices (United States), McCormick & Company (United States), Earth Root (India), Agrim Pte Ltd (Indonesia), Avi Naturals (India), Pure Organio (India) and RAINTECH HERBALS (India) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that Indian Vendors will contribute to the maximum growth of Global Clove Powder market throughout the predicted period.
Mountain Rose Herbs (United States), Urban Platter (India), Spinneys (Lebanon), Penzeys Spices (United States), McCormick & Company (United States), Earth Root (India), Agrim Pte Ltd (Indonesia), Avi Naturals (India), Pure Organio (India) and RAINTECH HERBALS (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Clove Powder market by Type (Whole Cloves Powder and Ground Cloves Powder), by Application (Residential and Commercial) and Region with country level break-up.
On the basis of geography, the market of Clove Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Trend
- Growing Popularity of Organic Products Among the Consumers Due to Awareness About Benefits Can Boost the Demand for Organic Clove Powder
Opportunities
- Most Frequent Use of Clove Powder in the Asian, African, and Mediterranean Food for Spicy Flavors
- Significant Incline of Traditional Medicines Among the People to Cure various Diseases Can Create Noteworthy Opportunities
Restraints
- Allergic Reactions like Itching, Rash, and Skin Irritation in Some People Due to the Cloves or Related Products Can Limit the Adoption
Challenges
- Easy Availability of Other Substitutes of Clove like Allspice, Cinnamon, and Nutmeg Can Hamper the Growth of the Clover Powder
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Clove Powder Manufacturers, Clove Powder Suppliers and Distributors, Spices Manufacturers & Suppliers, Venture Capitalists and Private Equity Firms, Regulatory Bodies and Research Organizations and Others