Global Clove Bud Essential Oil Market Size, Trends, and Growth Opportunity, By Type (Absolute, Blends, Others), By Application (Pharmaceutical, Personal Care, Cosmetic, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.
Global Clove Bud Essential Oil Market
The global Clove Bud Essential Oil market was valued at USD 260.10 Million in 2022 and is expected to expand to USD 858.74 Million in 2030 at a CAGR of 12.14% during the forecast period 2023- 2030.
The fragrant flower of the Clove tree, is inherent to the Maluku Islands in Indonesia and normally used as a spice are Clove buds. An essential oil that's derived from clove trees is Clove bud oil.
Market Drivers
One of the major driving factors that drive the Clove Bud Essential Oil Market is the growing awareness about clove bud essential oil and its advantages.
Also, the suitability and ease of use offered by clove bud essential oils, with their user-friendly packaging and more powerful and fragrant features boost the market growth.
Market Restraints
A major factor that hampers the Global Clove Bud Essential Oil Market is the presence of synthetic substitutes in essential oil. The usual derivates of products are more costly than their sub-standard mixture and synthetic substitutes, given in the low cost of production and mass scalability they offer.
Market Segmentation
The global Clove Bud Essential Oil market is segmented based on Type, Application, and region. On the basis of Type, it is segmented into Absolute, Blends, and Others. Based on Application, it is segmented into Pharmaceutical, Personal Care, Cosmetic, and Others. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
On the basis of region Asia Pacific is predicted to dominate the market because Clove is inherent to Indonesia and it has been widely used in India and China from ancient times in Ayurvedic medicine and Chinese home remedies.
North America is expected to witness substantial growth in the market owing to its huge population size and growing demand for natural products. Also, the huge per-capita spending on consumer goods in this region boosts the market growth
Key Players
Various key players are listed in this report such as AOS Products Ltd., Avi Naturals, Botanic Healthcare, Cedarome, Jiangxi Baicao Pharmaceutical Co. Ltd., Katyani Exports, Kush Aroma Exports, Mountain Rose Herbs, Plant Therapy Inc., Visagenics Premium Essential Oils.
Market Taxonomy
By Type
o Blends
o Absolute
o Others
By Application
o Pharmaceutical
o Personal Care
o Cosmetic
o Other
By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East and Africa
Key Question Addressed by the Report
· What are the Key Opportunities in the Global Clove Bud Essential Oil Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Global Clove Bud Essential Oil Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Clove Bud Essential Oil Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Clove Bud Essential Oil Market Share Analysis, By Type
5.3 Global Clove Bud Essential Oil Market Size and Forecast, By Type
5.3.1 Absolute
5.3.2 Blends
5.3.3 Others
6 Global Clove Bud Essential Oil Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Clove Bud Essential Oil Market Share Analysis, By Application
6.3 Global Clove Bud Essential Oil Market Size and Forecast, By Application
6.3.1 Pharmaceutical
6.3.2 Personal Care
6.3.3 Cosmetic
6.3.4 Other
7 Global Clove Bud Essential Oil Market, By Region
7.1 Global Clove Bud Essential Oil Market Share Analysis, By Region
7.2 Global Clove Bud Essential Oil Market Share Analysis, By Region
7.3 Global Clove Bud Essential Oil Market Size and Forecast, By Region
8 North America Clove Bud Essential Oil Market Analysis and Forecast (2023- 2030)
8.1 Introduction
8.2 North America Clove Bud Essential Oil Market Share Analysis, By Type
8.3 North America Clove Bud Essential Oil Market Size and Forecast, By Application
8.4 North America Clove Bud Essential Oil Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Clove Bud Essential Oil Market Analysis and Forecast (2023- 2030)
9.1 Introduction
9.2 Europe Clove Bud Essential Oil Market Share Analysis, By Type
9.3 Europe Clove Bud Essential Oil Market Size and Forecast, By Application
9.4 Europe Clove Bud Essential Oil Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Clove Bud Essential Oil Market Analysis and Forecast (2023- 2030)
10.1 Introduction
10.2 Asia Pacific Clove Bud Essential Oil Market Share Analysis, By Type
10.3 Asia Pacific Clove Bud Essential Oil Market Size and Forecast, By Application
10.4 Asia Pacific Clove Bud Essential Oil Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Clove Bud Essential Oil Market Analysis and Forecast (2023- 2030)
11.1 Introduction
11.2 Latin America Clove Bud Essential Oil Market Share Analysis, By Type
11.3 Latin America Clove Bud Essential Oil Market Size and Forecast, By Application
11.4 Latin America Clove Bud Essential Oil Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Clove Bud Essential Oil Market Analysis and Forecast (2023- 2030)
12.1 Introduction
12.2 Middle East Clove Bud Essential Oil Market Share Analysis, By Type
12.3 Middle East Clove Bud Essential Oil Market Size and Forecast, By Application
12.4 Middle East Clove Bud Essential Oil Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 AOS Products Ltd.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Avi Naturals
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Botanic Healthcare
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Cedarome
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Jiangxi Baicao Pharmaceutical Co. Ltd.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Katyani Exports
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Kush Aroma Exports
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Mountain Rose Herbs
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Plant Therapy Inc.
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Visagenics Premium Essential Oils
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
