The global clove essential oil market is expected to grow at a good CAGR over the forecast period to $145.55 million in 2019. Cloves are inherently high in manganese, along with other nutrients such as calcium, potassium and magnesium. Due to its nutritional properties, clove essential oil is widely used in fragrances throughout the food and beverage sector and throughout aromatherapy.
With increasing awareness of the benefits of clove oil, it is gaining popularity among consumers. Clove oil is used in aromatherapy because it reduces anxiety and depression and accelerates the healing process. Those transitioning to a healthy lifestyle and diet pattern are driving the growth of the global clove essential oil market by increasing demand for clove essential oil in both aromatherapy and food and beverage applications. The growing popularity of aromatherapy is another factor that will continue to increase the demand for clove essential oil over the forecast period.
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Top Key Players –
- India Essential Oils
- Kanta Group
- Givaudan
- Manohar Botanical Extracts Pvt. Ltd
- AOS Products
- Aroma Aromatics and Flavours
- Saipro Biotech Private Limited
On the basis of product, primarily split into
- Edible Clove Essential Oil
- Medicinal Clove Essential Oil
- Spices With Clove Essential Oil
On the basis of the end users/applications
- Food Industry
- Pharmaceutical Industry
- Spice Industry
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Scope of the Report
The research study analyzes the global Clove Essential Oil 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
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Clove Essential Oil Market Report
1. What was the Clove Essential Oil Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Clove Essential Oil Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Clove Essential Oil Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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