The Asia Pacific Cloves Market had a worth of USD xx billion in the year 2018 and expected to grow at a CAGR of xx%, to reach USD xx billion in the year 2023. Cloves are acquired from the flower buds of the clove tree. Cloves fall under the category of the spices. The cloves are characterised by a pungent aroma along with a strong spicy taste. Cloves are grounded or are used as they are in preparing several cuisines like marinades and meat. Cloves are also used in the perfumes, tooth pastes, mouth fresheners etc.
Cloves are used in making clove cigarettes; this cigarette has sixty to seventy percent of tobacco and thirty to forty percent of shredded cloves. The clove cigarettes have a considerable amount of tobacco and thus are equally harmful and addictive as the regular cigarettes. The kreteks have an even higher risk rate. Clove cigarettes generally have larger amounts of tar, nicotine and carbon monoxide than the usual American cigarettes.
The key driving factor of Asia Pacific Cloves market is its increasing use in the food industry. There are regions that add cloves in the preparation of their cuisines in order to make the food flavourful and has that strong spicy taste. The cloves are being also used in the personal care and healthcare sectors owing to the rising demand from the consumers for herbal and natural products. Also, other factors which are propelling the growth of this market are rising awareness among the consumers about the benefits of natural products, changing preferences of the consumers and lifestyle changes among others.
The Asia Pacific Cloves market is segmented based on its form, application, end-user, and distribution channel. Based on form, the Asia Pacific market is segregated into whole, powder, and oil. By application, the market is categorised as health care products, cosmetics and personal care and food and beverages. Based on end users, the market is divided into commercial and household. Based on the distribution channel, the market is divided into online retailers, departmental stores, hypermarket/supermarket, and grocery stores.
The Asia Pacific Cloves market is divided based on geography into India, China, Japan, Australia and other parts of the region. Asia Pacific has the largest market for cloves in the world by share. This region has the largest consumption rate of cloves in the world, and is also the fastest growing region in the world. Factors such as rising application of cloves in food and growing personal care and cosmetics industry is expected to drive the market growth in the region.
Some of the major players in the market are Royal Spices, Lankan Flavour, Super Africa Products, Wee Kiat Development Pte Ltd., NOW Foods, Saipro Biotech Private Limited, True Ceylon Spices, Aroma Aromatics & Flavours, PTC Agro Ltd., and Manohar Botanical Extracts Pvt. Ltd.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Form
5.1.1 Whole
5.1.2 Powder
5.1.3 Oil
5.1.4 Y-o-Y Growth Analysis, By Form
5.1.5 Market Attractiveness Analysis, By Form
5.1.6 Market Share Analysis, By Form
5.2 Application
5.2.1 Food and Beverage Industry
5.2.2 Personal Care and Cosmetics
5.2.3 Health Care Products
5.2.4 Y-o-Y Growth Analysis, By Application
5.2.5 Market Attractiveness Analysis, By Application
5.2.6 Market Share Analysis, By Application
5.3 End Users
5.3.1 Commercial
5.3.2 Household
5.3.3 Y-o-Y Growth Analysis, By End Users
5.3.4 Market Attractiveness Analysis, By End Users
5.3.5 Market Share Analysis, By End Users
5.4 Distribution Channel
5.4.1 Online Retailers
5.4.2 Departmental Stores
5.4.3 Hypermarket/Supermarket
5.4.4 Grocery Stores
5.4.5 Y-o-Y Growth Analysis, By Distribution Channel
5.4.6 Market Attractiveness Analysis, By Distribution Channel
5.4.7 Market Share Analysis, By Distribution Channel
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Form
6.1.3.2 By Application
6.1.3.3 By End Users
6.1.3.4 By Distribution Channel
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Form
6.1.4.2 By Application
6.1.4.3 By End Users
6.1.4.4 By Distribution Channel
6.1.5 Market Share Analysis
6.1.5.1 By Form
6.1.5.2 By Application
6.1.5.3 By End Users
6.1.5.4 By Distribution Channel
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Royal Spices
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Lankan Flavour
8.3 Super Africa Products
8.4 Wee Kiat Development Pte Ltd.
8.5 NOW Foods
8.6 Saipro Biotech Private Limited
8.7 True Ceylon Spices
8.8 Aroma Aromatics & Flavours
8.9 PTC Agro Ltd.
8.10 Manohar Botanical Extracts Pvt. Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Asia Pacific Cloves Market By Form , From 2018-2023 ( USD Million )
Asia Pacific Whole Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Powder Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Oil Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Cloves Market By Application , From 2018-2023 ( USD Million )
Asia Pacific Food and Beverage Industry Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Personal Care and Cosmetics Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Health Care Products Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Cloves Market By End Users , From 2018-2023 ( USD Million )
Asia Pacific Commercial Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Household Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Cloves Market By Distribution Channel , From 2018-2023 ( USD Million )
Asia Pacific Online Retailers Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Departmental Stores Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Hypermarket/Supermarket Market By Region, From 2018-2023 ( USD Million )
Asia Pacific Grocery Stores Market By Region, From 2018-2023 ( USD Million )
Japan Cloves Market By Form , From 2018-2023 ( USD Million )
Japan Cloves Market By Application , From 2018-2023 ( USD Million )
Japan Cloves Market By End Users , From 2018-2023 ( USD Million )
Japan Cloves Market By Distribution Channel , From 2018-2023 ( USD Million )
China Cloves Market By Form , From 2018-2023 ( USD Million )
China Cloves Market By Application , From 2018-2023 ( USD Million )
China Cloves Market By End Users , From 2018-2023 ( USD Million )
China Cloves Market By Distribution Channel , From 2018-2023 ( USD Million )
India Cloves Market By Form , From 2018-2023 ( USD Million )
India Cloves Market By Application , From 2018-2023 ( USD Million )
India Cloves Market By End Users , From 2018-2023 ( USD Million )
India Cloves Market By Distribution Channel , From 2018-2023 ( USD Million )
Australia Cloves Market By Form , From 2018-2023 ( USD Million )
Australia Cloves Market By Application , From 2018-2023 ( USD Million )
Australia Cloves Market By End Users , From 2018-2023 ( USD Million )
Australia Cloves Market By Distribution Channel , From 2018-2023 ( USD Million )
South Korea Cloves Market By Form , From 2018-2023 ( USD Million )
South Korea Cloves Market By Application , From 2018-2023 ( USD Million )
South Korea Cloves Market By End Users , From 2018-2023 ( USD Million )
South Korea Cloves Market By Distribution Channel , From 2018-2023 ( USD Million )
