The Global Cloves Market was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.67 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2030). This robust growth is primarily driven by increasing demand from the food and beverage industry, the rising popularity of natural remedies in healthcare, and the expanding application of clove oil in cosmetics and personal care products.

As consumer preferences shift towards natural ingredients and traditional wellness solutions, the cloves market is experiencing a significant transformation. In this blog, we profile the Top 10 Companies in the Cloves Industry—a diverse mix of established spice traders, botanical extract specialists, and integrated agricultural producers who are shaping the supply and innovation landscape for this versatile spice.

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🔟 1. Royal Spices

Headquarters: Mumbai, India
Key Offering: Whole Dried Cloves, Clove Powder, Clove Oil

Royal Spices is a prominent global supplier of high-quality spices, with cloves being one of their flagship products. The company sources directly from farms in India and Indonesia, ensuring a consistent supply of premium-grade cloves for industrial and retail markets worldwide.

Sustainability Initiatives:

• Direct trade partnerships with clove farmers

• Implementation of ethical sourcing standards

• Investment in organic cultivation practices

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9️⃣ 2. Lankan Flavour

Headquarters: Colombo, Sri Lanka
Key Offering: Ceylon Cloves, Clove Stems, Clove Bud Oil

Lankan Flavour specializes in exporting authentic Ceylon spices, renowned for their distinct aroma and high oil content. The company has established a strong reputation for supplying cloves that meet stringent international quality standards.

Sustainability Initiatives:

• Support for sustainable clove farming in Sri Lanka

• Promotion of fair trade practices

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8️⃣ 3. Super Africa Products

Headquarters: Dar es Salaam, Tanzania
Key Offering: Tanzanian Cloves, Clove Powder, Clove Essential Oil

Super Africa Products is a key player in the African clove market, leveraging Tanzania’s position as one of the world’s largest clove producers. The company focuses on exporting high-quality cloves, particularly the Zanzibar variety, known for its superior quality.

Sustainability Initiatives:

• Community development programs for clove farmers

• Investment in modern processing facilities

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7️⃣ 4. Wee Kiat Development Pte Ltd.

Headquarters: Singapore
Key Offering: Premium Cloves, Clove Derivatives, Spice Blends

Wee Kiat Development is a leading Singapore-based spice trading company with a significant presence in the cloves market. The company serves as a crucial link between Asian clove producers and global consumers, offering a range of clove products for various applications.

Sustainability Initiatives:

• Supply chain transparency initiatives

• Quality assurance programs for clove products

Download FREE Sample Report:
Cloves Market – View in Detailed Research Report

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6️⃣ 5. NOW Foods

Headquarters: Bloomingdale, Illinois, USA
Key Offering: Clove Oil, Clove Supplements, Organic Cloves

NOW Foods is a well-established natural products company that offers clove-based products primarily for the health and wellness market. Their clove oil is widely used in aromatherapy and natural remedy formulations.

Sustainability Initiatives:

• Commitment to organic and non-GMO products

• Rigorous quality testing protocols

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5️⃣ 6. Saipro Biotech Private Limited

Headquarters: Ahmedabad, India
Key Offering: Clove Extract, Eugenol, Clove Powder for Industrial Use

Saipro Biotech specializes in botanical extracts, with clove extracts being a significant part of their portfolio. The company serves pharmaceutical, cosmetic, and food industries with standardized clove extracts rich in active compounds like eugenol.

Sustainability Initiatives:

• Research on clove cultivation optimization

• Development of value-added clove products

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4️⃣ 7. True Ceylon Spices

Headquarters: Kandy, Sri Lanka
Key Offering: Organic Cloves, Traditional Ceylon Spices, Clove Oil

True Ceylon Spices focuses on preserving traditional Sri Lankan spice cultivation methods while meeting modern quality standards. Their cloves are particularly valued in gourmet food and premium healthcare products.

Sustainability Initiatives:

• Promotion of organic farming practices

• Support for small-scale clove farmers

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3️⃣ 8. Aroma Aromatics & Flavours

Headquarters: Mumbai, India
Key Offering: Clove Essential Oil, Food Grade Clove Flavors, Aromatic Compounds

Aroma Aromatics & Flavours is a specialist in essential oils and flavor compounds, with clove oil being one of their key products. The company serves the flavor and fragrance industry with high-purity clove derivatives.

Sustainability Initiatives:

• Advanced extraction technology for maximum yield

• Waste reduction in clove processing

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2️⃣ 9. PTC Agro Ltd.

Headquarters: Dhaka, Bangladesh
Key Offering: Bangladeshi Cloves, Clove for Pharmaceutical Use, Bulk Clove Supply

PTC Agro Ltd. is a major agricultural exporter from Bangladesh, specializing in spices including high-quality cloves. The company has established strong relationships with clove growers across Southeast Asia.

Sustainability Initiatives:

• Farmer training programs for sustainable cultivation

• Investment in clove processing infrastructure

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1️⃣ 10. Manohar Botanical Extracts Pvt. Ltd.

Headquarters: Hyderabad, India
Key Offering: Standardized Clove Extracts, Eugenol-Rich Formulations, Custom Clove Products

Manohar Botanical Extracts is a research-driven company specializing in botanical extracts for pharmaceutical and nutraceutical applications. Their clove extracts are known for consistent quality and high bioactive compound content.

Sustainability Initiatives:

• Development of eco-friendly extraction methods

• Collaboration with research institutions on clove applications

Get Full Report Here:
Cloves Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cloves Is Diversified and Value-Driven

The global cloves market is undergoing a significant evolution. While traditional whole clove sales continue to dominate volume, the industry is increasingly focused on value-added products and sustainable sourcing practices to meet changing consumer demands.

📈 Key Trends Shaping the Market:

• Growing demand for organic and sustainably sourced cloves

• Expansion of clove applications in pharmaceutical and nutraceutical products

• Increasing use of clove oil in natural preservatives and oral care products

• Technological advancements in clove processing and extraction methods

Get Full Report Here:
Cloves Market – View in Detailed Research Report

The companies listed above are not only supplying a globally cherished spice—they’re driving innovation and sustainability in the botanical products industry.