The Global Cloves Market was valued at USD 1.58 Billion in 2024 and is projected to reach USD 2.31 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024–2030). This robust growth is primarily driven by increasing consumer demand for natural flavors in the food and beverage industry, the rising popularity of traditional and herbal medicine, and the expanding application of clove oil in the cosmetic and personal care sectors.

As the global palate shifts towards authentic, potent flavors and wellness-oriented ingredients, the companies at the forefront of the cloves supply chain are becoming increasingly vital. These organizations manage the complex journey from cultivation in tropical regions to distribution across global markets. In this blog, we profile the Top 10 Companies in the Cloves Industry—a diverse mix of agribusiness giants, specialized spice traders, and extract manufacturers shaping the future of this aromatic commodity.

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Cloves Market – View in Detailed Research Report

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🔟 1. Royal Spices

Headquarters: Karachi, Pakistan
Key Offering: Whole Dried Cloves, Clove Powder, Clove Stems

Royal Spices is a leading global supplier of high-quality spices, with cloves being one of its flagship products. Sourcing directly from farms in Pakistan, Sri Lanka, and Indonesia, the company has built a reputation for consistency and purity. Their rigorous quality control processes ensure that their cloves meet international food safety standards.

Key Market Initiatives:

• Direct trade relationships with clove farmers for sustainable sourcing

• Investment in modern processing and packaging facilities

• Expansion into value-added clove products like powdered and oil-infused variants

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9️⃣ 2. Lankan Flavour

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

Lankan Flavour specializes in exporting premium Sri Lankan spices, with Ceylon cloves recognized for their distinct strong aroma and high oil content. The company leverages Sri Lanka’s ideal growing conditions to produce some of the world’s most sought-after cloves, catering to discerning clients in the culinary and pharmaceutical industries.

Key Market Initiatives:

• Promotion of Geographical Indication (GI) tagged Ceylon cloves

• Development of organic certification programs for farming partners

• Strategic partnerships with European and North American importers

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8️⃣ 3. Super Africa Products

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

Super Africa Products is a major player in the African spice market, with Tanzania being one of the world’s largest clove producers. The company operates throughout the supply chain, from sourcing from Zanzibar and Pemba islands to exporting to markets across Asia, the Middle East, and Europe.

Key Market Initiatives:

• Vertical integration with local clove cooperatives

• Focus on fair trade practices and farmer empowerment programs

• Investment in logistics infrastructure to reduce time to market

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7️⃣ 4. Wee Kiat Development Pte Ltd.

Headquarters: Singapore
Key Offering: Clove Essential Oil, Clove Derivates, Food-Grade Cloves

Wee Kiat Development is a Singapore-based company with extensive experience in the spice trade, particularly focusing on value-added products. Their strategic location in a global trade hub allows them to efficiently serve markets across Asia-Pacific with both raw cloves and refined clove products.

Key Market Initiatives:

• Specialization in clove oil extraction and purification

• Development of proprietary blending techniques for consistent flavor profiles

• Expansion into pharmaceutical-grade clove ingredients

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Cloves Market – View in Detailed Research Report

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6️⃣ 5. NOW Foods

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

NOW Foods is a prominent health and wellness brand that has integrated cloves into its extensive product portfolio. While not a primary grower, the company is a significant distributor of clove-based dietary supplements and essential oils, leveraging its vast retail and e-commerce channels across North America.

Key Market Initiatives:

• Rigorous third-party testing for purity and potency of clove products

• Educational marketing highlighting the wellness benefits of cloves

• Sustainable packaging initiatives for all spice products

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5️⃣ 6. Saipro Biotech Private Limited

Headquarters: Ahmedabad, Gujarat, India
Key Offering: Clove Extract, Eugenol, Clove Oleoresin

Saipro Biotech specializes in botanical extracts, with clove derivatives forming a core part of their business. The company uses advanced extraction technologies to produce high-purity clove extracts for the pharmaceutical, nutraceutical, and flavor & fragrance industries.

Key Market Initiatives:

• Focus on research and development of bio-active compounds from cloves

• Certifications for pharmaceutical and food-grade manufacturing

• Custom extraction services for B2B clients requiring specific clove profiles

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4️⃣ 7. True Ceylon Spices

Headquarters: Kandy, Sri Lanka
Key Offering: Premium Ceylon Cloves, Single-Origin Clove Products

True Ceylon Spices is dedicated to promoting and exporting authentic Sri Lankan spices, with a strong emphasis on traceability and quality. Their cloves are renowned for their distinctive size, shape, and oil content, making them a preferred choice for gourmet food manufacturers and high-end restaurants.

Key Market Initiatives:

• Implementation of blockchain technology for supply chain transparency

• Direct-to-consumer e-commerce platform for global sales

• Collaboration with culinary institutions to promote Ceylon cloves

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3️⃣ 8. Aroma Aromatics & Flavours

Headquarters: Mumbai, Maharashtra, India
Key Offering: Clove Essential Oil, Clove Flavor Concentrates, Terpeneless Clove Oil

Aroma Aromatics & Flavours is a significant manufacturer of essential oils and flavor compounds, with clove oil being a major product line. The company serves the global flavor and fragrance industry, providing consistent, high-quality clove derivatives for use in perfumes, cosmetics, and processed foods.

Key Market Initiatives:

• Advanced distillation and fractionation capabilities for clove oil

• Strategic focus on the high-growth natural flavor segment

• Investment in R&D for novel clove-based aroma chemicals

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2️⃣ 9. PTC Agro Ltd.

Headquarters: Dhaka, Bangladesh
Key Offering: Bangladeshi Cloves, Clove for Traditional Medicine, Bulk Clove Supply

PTC Agro Ltd. is a key agricultural exporter from Bangladesh, a country with a growing presence in the spice market. The company focuses on sourcing quality cloves from regional growers and supplying them to wholesalers and industrial buyers across South Asia and the Middle East.

Key Market Initiatives:

• Development of integrated supply chains from farm to port

• Focus on meeting the specific quality requirements of regional markets

• Exploration of new export corridors in Africa and Eastern Europe

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1️⃣ 10. Manohar Botanical Extracts Pvt. Ltd.

Headquarters: Hyderabad, Telangana, India
Key Offering: Standardized Clove Extracts, Organic Clove Powder, Phytochemicals from Clove

Manohar Botanical Extracts is a research-driven company specializing in standardized botanical ingredients. Their work with cloves focuses on extracting and quantifying key active compounds like eugenol for applications in pharmaceuticals, functional foods, and natural preservatives.

Key Market Initiatives:

• Pioneering research on the therapeutic applications of clove constituents

• Development of proprietary extraction methods to enhance bioavailability

• Partnerships with academic institutions for clinical validation of clove benefits

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Cloves Market – View in Detailed Research Report

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🌍 Outlook: The Future of the Cloves Market Is Diverse and Value-Driven

The cloves market is experiencing a significant transformation. While whole cloves remain the volume leader for culinary use, the industry is increasingly investing in value-added products, extraction technologies, and sustainable sourcing practices to capture growth in high-margin segments.

📈 Key Trends Shaping the Market:

• Growing consumer preference for natural and organic ingredients in food and healthcare

• Rising demand for clove oil in aromatherapy and natural dentistry

• Increased use of cloves as a natural preservative in the food industry

• Supply chain digitalization for improved traceability and quality assurance

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

The companies listed above are not only supplying a vital global commodity—they are innovating to enhance the quality, applicability, and sustainability of cloves for future generations.