Product Code: ETC097123 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India clove oil market import shipment experienced a negative compound annual growth rate of -4.4% from 2020 to 2024. However, there was a notable rebound in growth with a 23.1% increase between 2023 and 2024. Overall, the market showed signs of stabilization after a period of decline, indicating a potential turnaround in the near future.
The India clove oil market is estimated to grow at a CAGR of 7.5 % during the forecast period. The growth in this market is mainly driven by increasing demand for medicinal and health benefits associated with clove oil. The antiseptic properties of clove oil are used as an active ingredient in many herbal products such as toothpastes, mouthwashes, cough syrups, etc., that are widely available across India. Additionally, it also finds application in fragrances and flavors due to its pleasant aroma which further propels its consumption among consumers. Furthermore, various government initiatives towards promotion of Ayurvedic medicines further increase the awareness about the beneficial uses of cloves thereby providing impetus to market growth over the forecast period.
Increasing demand for natural ingredients due to changing consumer preferences towards organic alternatives will be one of the key factors driving the growth of this market during the forecast period. Additionally increasing use in oral hygiene products such as toothpaste along with its various applications such as antiseptic lotions & creams , perfumes etc., will further boost its demand among general users globally which will support further growth opportunities for India Clove Oil Market.
High cost associated with extraction process coupled with lack of awareness about benefits offered by natural clove oils are likely to remain key restraint factors hampering overall growth prospects during assessment period across global markets. Moreover easy availability counterfeit product substitutes may also affect sales volumes negatively impacting revenues earned by genuine players operating within this space.
Some key players currently operating within India clove oil industry include Shiv Sales Corporation , Agarwal Industries Pvt Ltd., Aromatic Herbs , Santushti Organic Products Pvt Ltd., Siddhagiri Metals & Tubes Pvt Ltd., Prakash Chemicals International Pvt ltd..
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Clove oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Clove oil Market Revenues & Volume, 2021 & 2031F |
3.3 India Clove oil Market - Industry Life Cycle |
3.4 India Clove oil Market - Porter's Five Forces |
3.5 India Clove oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Clove oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Clove oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of clove oil |
4.2.2 Growing demand for natural and organic products in India |
4.2.3 Rising utilization of clove oil in pharmaceuticals, cosmetics, and food industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of clove oil due to variations in clove production |
4.3.2 Competition from synthetic alternatives in the market |
5 India Clove oil Market Trends |
6 India Clove oil Market, By Types |
6.1 India Clove oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Clove oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Clove oil Market Revenues & Volume, By Bud oil, 2021-2031F |
6.1.4 India Clove oil Market Revenues & Volume, By Leaf oil, 2021-2031F |
6.1.5 India Clove oil Market Revenues & Volume, By Stem oil, 2021-2031F |
6.2 India Clove oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Clove oil Market Revenues & Volume, By Food Industry, 2021-2031F |
6.2.3 India Clove oil Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.2.4 India Clove oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.5 India Clove oil Market Revenues & Volume, By Spice industry, 2021-2031F |
7 India Clove oil Market Import-Export Trade Statistics |
7.1 India Clove oil Market Export to Major Countries |
7.2 India Clove oil Market Imports from Major Countries |
8 India Clove oil Market Key Performance Indicators |
8.1 Number of new product launches containing clove oil |
8.2 Volume of clove oil imports and exports in India |
8.3 Percentage of clove oil used in different industries |
9 India Clove oil Market - Opportunity Assessment |
9.1 India Clove oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Clove oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Clove oil Market - Competitive Landscape |
10.1 India Clove oil Market Revenue Share, By Companies, 2024 |
10.2 India Clove oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |