Europe Cloves Market is expected to be worth USD 1.05 billion in the year 2024 to achieve USD 1.18 billion in the year 2029, to grow at a CAGR of 2.31% from period 2024 to 2029.
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, toothpastes, 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 Europe 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.
This Research Report on Europe Cloves market is segmented, and sub segmented into following categories:
Europe Cloves Market – By Form:
Whole
Powder
Oil
Based on form, the Europe market is segregated into whole, powder, and oil.
Europe Cloves Market – By Application:
Food And Beverage Industry
Personal Care And
Cosmetics
Health Care Products
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.
Europe Cloves Market – By Distribution Channel:
Online Retailers
Departmental Stores
Hypermarket/Supermarket
Grocery Stores
Based on the distribution channel, the market is divided into online retailers, departmental stores, hypermarket/supermarket, and grocery stores.
Europe Cloves Market – By Region:
United Kingdom
France
Italy
Germany
Spain
The Europe Cloves market is divided based on geography into United Kingdom, France, Italy, Germany and Spain. Europe has the third largest market for cloves in the world by share. 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.
KEY MARKET PLAYERS:
Some of the key market players of Europe Cloves 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.
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