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Red Clover Market

Global Red Clover Market Size, Trends, Growth, Forecast: By Form: Raw, Processed; By Application: Cosmetics and Personal Care, Pharmaceuticals, Food and Beverage, Animal Feed, Agriculture, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Red Clover Market Outlook

The global red clover market is expected to grow at a CAGR of 11% in the forecast period of 2024-2032.

 

Global Red Clover Market

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Rising Health Awareness Driving the Growth of the Global Market for Red Clover

The Europe, Asia Pacific, and the Middle East and Africa markets are growing at a healthy pace. However, it is estimated that the North American market is rising at a comparatively higher rate of growth. The market growth in the region is due to the increase in cardiovascular health awareness and the growing consumption of diet-conscious foods. The increased pharmaceutical demand due to its health benefits is further aiding the sales growth.

 

Red Clover: Market Segmentation

Red Clover is a wild, leguminous, and perennial herb, native to the meadows of Europe, Western Asia, and Africa. In many other parts of the world, it has also become naturalized. Its scientific name is Trifolium pretense. Because of its nutritional advantages and properties, red clover is widely used in America. The red clover flowers are small and purple in colour and are commonly used as animal feed due to their fast growth rate and high nutritional value. By fixing nitrogen, the plant also benefits the soil and is, thus, an ideal cover crop for improving soil productivity for other cultivations.

 

Global Red Clover Market By Form

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The forms of red clover include the following:

  • Raw
  • Processed

The product finds wide applications in the following segments:

The regional markets for red clover can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Red Clover Market By Region

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Rising Awareness of the Health Benefits of Red Clover to Bolster the Market Growth

The market is being driven by the rising awareness of the health benefits of red clover. Red clover produces isoflavones that chemically turn into phytoestrogens naturally, which are highly useful because the oestrogen hormone in the human body is biologically imitated. A store of many vitamins, nutrients, and minerals, including potassium, thiamine, calcium, chromium, magnesium, niacin and phosphorus, and vitamin C, are contained in red clover. Red clover is also used as an aromatic ingredient in food in the food and beverage industries and imparts its therapeutic benefits when infused with tea. These favourable factors are expected to influence the market growth of red clover positively.

Red clover is witnessing a rising use in the pharmaceutical industry as it reduces inflammation, prevents infection, promotes menstruations for women, helps in the prevention of cancer, detoxifies the body, helps control blood circulation, and has cholesterol-reducing properties. Red clover is used in agriculture as a clothing crop to boost soil quality and fertility. Red clover extract is used for the manufacturing of creams, body lotion, and hair oil, among others, products in the cosmetics and personal care industry, as it prevents skin ageing, accelerates wounds and burns, prevents psoriasis and eczema, and strengthens hair. Thus, the rising demand for the product from its application segments is driving the market growth. The market growth is also expected to be driven by the growing demand for organic ingredients in the cosmetics and food and beverage industries.

 

Key Industry Players in the Global Red Clover Market

The report gives a detailed analysis of the following key players in the global red clover market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Avestia Pharma
  • Herbo Nutra
  • Herb Pharm, LLC
  • Et-Chem
  • Nanjing NutriHerb BioTech Co.,Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Application
  • Region
Breakup by Form
  • Raw
  • Processed
Breakup by Application
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Food and Beverage
  • Animal Feed
  • Agriculture
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Avestia Pharma
  • Herbo Nutra
  • Herb Pharm, LLC
  • Et-Chem
  • Nanjing NutriHerb BioTech Co.,Ltd
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Red Clover Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Red Clover Historical Market (2018-2023) 
    8.3    Global Red Clover Market Forecast (2024-2032)
    8.4    Global Red Clover Market by Form
        8.4.1    Raw
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Processed
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Red Clover Market by Application
        8.5.1    Cosmetics and Personal Care
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Pharmaceuticals
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Food and Beverage
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Animal Feed
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Agriculture
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others 
    8.6    Global Red Clover Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Red Clover Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Red Clover Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Red Clover Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Red Clover Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Red Clover Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Avestia Pharma
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Herbo Nutra
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Herb Pharm, LLC
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Et-Chem
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Nanjing NutriHerb BioTech Co.,Ltd
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Red Clover Market: Key Industry Highlights, 2018 and 2032
2.    Global Red Clover Historical Market: Breakup by Form (USD Billion), 2018-2023
3.    Global Red Clover Market Forecast: Breakup by Form (USD Billion), 2024-2032
4.    Global Red Clover Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Red Clover Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Red Clover Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Red Clover Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Red Clover Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Red Clover Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Red Clover Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Red Clover Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Red Clover Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2032
19.    Europe Historical Price Trends and Forecast 2018-2032
20.    Asia Pacific Historical Price Trends and Forecast 2018-2032
21.    Latin America Historical Price Trends and Forecast 2018-2032
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
23.    Global Red Clover Market Structure

Key Questions Answered in the Report

The global red clover market is projected to grow at a CAGR of 11% between 2024 and 2032.

The major drivers of the industry, such as rising disposable incomes, increasing population, increasing awareness of cardiovascular health, rising consumption of diet-conscious foods, and growing pharmaceutical demand, are expected to aid the market growth.

The key trend guiding the growth of the market includes the rising demand for organic ingredients in the cosmetics and food and beverage industries.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading forms of red clover in the market are raw and processed.

The major application segments in the industry are cosmetics and personal care, pharmaceuticals, food and beverage, animal feed, and agriculture, among others.

The major players in the industry are Avestia Pharma, Herbo Nutra, Herb Pharm, LLC, Et-Chem, and Nanjing NutriHerb BioTech Co.,Ltd, among others.

Analyst Review

The global red clover market is being driven by rising health consciousness. Aided by the rising demand for organic food, the market is expected to witness a robust growth in the forecast period of 2024-2032, growing at a CAGR of 11%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is bifurcated into raw and processed. On the basis of application, the industry is divided into cosmetics and personal care, pharmaceuticals, food and beverage, animal feed, and agriculture, among others. The major regional markets for red clover are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Avestia Pharma, Herbo Nutra, Herb Pharm, LLC, Et-Chem, and Nanjing NutriHerb BioTech Co.,Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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