Cloves are the aromatic flower buds of a tree in the family of Myrtaceae that are commonly used as a spice. Clove Oleoresins are obtained by solvent extraction of dried flower buds of Eugenia caryophyllata.The product has an intense smell of clove bud with a pungent taste. It is a free-flowing, homogeneous dark brown liquid.
This report contains market size and forecasts of Clove Oleoresin in global, including the following market information:
Global Clove Oleoresin Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Clove Oleoresin Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Clove Oleoresin companies in 2021 (%)
The global Clove Oleoresin market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Organic Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Clove Oleoresin include Kanta Enterprises, Kancor Ingredients, NJS HERBAL ISOLATES, Venkatramna Industries, Indenta Group, Kalsec, Bordas, Green View Impex and HDDE SILVA＆SONS, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Clove Oleoresin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Clove Oleoresin Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Clove Oleoresin Market Segment Percentages, by Type, 2021 (%)
Organic
Conventional
Global Clove Oleoresin Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Clove Oleoresin Market Segment Percentages, by Application, 2021 (%)
Drink
Spices
Drug
Global Clove Oleoresin Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Clove Oleoresin Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Clove Oleoresin revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Clove Oleoresin revenues share in global market, 2021 (%)
Key companies Clove Oleoresin sales in global market, 2017-2022 (Estimated), (MT)
Key companies Clove Oleoresin sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kanta Enterprises
Kancor Ingredients
NJS HERBAL ISOLATES
Venkatramna Industries
Indenta Group
Kalsec
Bordas
Green View Impex
HDDE SILVA＆SONS
Rafbrix Essentials
NaturMed Scientific