Asia Pacific Cloves Market had a worth of USD xx billion in the year 2021 and is expected to grow at a CAGR of xx%, to reach USD xx billion in the year 2026.
Cloves are acquired from the flower buds of the clove tree. Cloves fall under the category of spices. The cloves are characterized 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 perfumes, toothpaste, 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. Clove cigarettes have a considerable amount of tobacco and thus are equally harmful and addictive as 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 the 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
distribution channel
Based on form
powder
oil
By application,
health care products
cosmetics
personal care
food and beverages
Based on end-users,
commercial
household
Based on the distribution channel,
online retailers
departmental stores
hypermarket/supermarket
grocery stores
India
China
Japan
Australia
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.
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.
Manohar Botanical Extracts Pvt. Ltd.
FAQ's
Asia Pacific Cloves Market had a worth of USD xx billion in the year 2021 and is expected to grow at a CAGR of xx%, to reach USD xx billion in the year 2026.
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