South Korea Cloves Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Whole Cloves, Ground Cloves, Clove Oil), By Application (Food and Beverages, Pharmaceuticals, Personal Care, and Others), and South Korea Cloves Market Insights, Industry Trend, Forecasts to 2035
Industry: Food & BeveragesSouth Korea Cloves Market Insights Forecasts to 2035
- The South Korea Cloves Market Size is Expected to Grow at a CAGR of around 4.44% from 2025 to 2035
- The South Korea Cloves Market Size is Expected to Hold a Significant Share by 2035
Get more details on this report -
According to a Research Report Published by Spherical Insights & Consulting, The South Korea Cloves Market Size is anticipated to Grow at a CAGR of 4.44% from 2025 to 2035. The market is driven by growing consumer demand for natural, plant-based ingredients with health benefits. Rising applications in food, pharmaceuticals, and personal care products further fuel market expansion.
Market Overview
South Korean Clove Market Size is Growing steadily with increasing consumer demand for functional and natural food ingredients. Cloves, recognized for their pungency and medicinal qualities, are extensively used in the food, drug, and personal care sectors. Cloves are being consumed within teas and herbal medications in homes in traditional Korean society, while contemporary consumers are using them more in wellbeing foods as well as in skin creams. Clove oil, whose antimicrobial and soothing properties make it very sought after, is being used more in oral care and aromatherapy uses. The food and beverage industry is the largest consumer of clove oil, particularly with the increased popularity of fusion foods and spiced beverages. Although the country is completely dependent on imports of cloves, improved distribution through online routes and specialty health food stores is creating access to products. Market expansion is also facilitated by growing awareness among people of the medicinal value of eugenol, cloves active ingredient. Price variability and some consumer unawareness outside common usage are some of the issues faced.
Report Coverage
This research report categorizes the market for the South Korea cloves market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cloves market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea cloves market.
South Korea Cloves Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 4.44% |
Historical Data for: | 2020-2023 |
No. of Pages: | 192 |
Tables, Charts & Figures: | 95 |
Segments covered: | By Product Type, By Application |
Companies covered:: | McCormick Korea, NOW Foods, Ottogi Corporation, Sempio Foods Company, CJ CheilJedang, Aromatica, Naturalendo Tech Co., Ltd., and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
South Koreas clove market is driven by growing demand from consumers for natural plant-based products with health benefits. Cloves contain a high concentration of eugenol, which makes them antimicrobial, anti-inflammatory, and antioxidant, all of which improve their growing uses in food, pharmaceutical, and personal care. In addition, rising demand for traditional medicine, spiced drinks, and health-focused diets also accelerates demand. Furthermore, new e-commerce and specialty health stores are broadening access, while beauty and oral care industries are incorporating the clove oil increasingly in product formulary.
Restraining Factors
The South Korean clove market faces restraints due to dependence on imports, and hence vulnerability to international price fluctuations and supply chain disruptions. Domestic lack of familiarity with applications outside traditional uses slows down larger usage. Clove product premium pricing and regulatory issues around health statements also limit penetration, particularly in mass food and personal care product industries.
Market Segmentation
The South Korea Cloves Market share is classified into product type and application.
- The clove oil segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cloves market is segmented by product type into whole cloves, ground cloves, and clove oil. Among these, the clove oil segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is attributed to its wide application in cosmetics, pharmaceuticals, and aromatherapy products because of its anti-inflammatory, antimicrobial, and analgesic activities. Rising demands by consumers for herbal and natural-based products also drive up the growth of this segment in South Korea.
- The pharmaceuticals segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cloves market is segmented by application into food and beverages, pharmaceuticals, personal care, and others. Among these, the pharmaceuticals segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to extensive use of clove products in tooth preparations, digestive drugs, and herbal medicine medicine. Rise in consumer demand for natural medicines and greater emphasis on preventive treatment are propelling growth in this segment.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cloves market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- McCormick Korea
- NOW Foods
- Ottogi Corporation
- Sempio Foods Company
- CJ CheilJedang
- Aromatica
- Naturalendo Tech Co., Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cloves market based on the below-mentioned segments:
South Korea Cloves Market, By Product Type
- Whole Cloves
- Ground Cloves
- Clove Oil
South Korea Cloves Market, By Application
- Food and Beverages
- Pharmaceuticals
- Personal Care
- Others
Need help to buy this report?