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Global Red Clover Market: By Form: Raw, Processed; By Application: Cosmetics and Personal Care, Pharmaceuticals, Food and Beverage, Animal Feed, Agriculture, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Red Clover Market Outlook
The global red clover market is expected to grow at a CAGR of 11% in the forecast period of 2023-2028.
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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.
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The forms of red clover include the following:
- Raw
- Processed
The product finds wide applications in the following segments:
- Cosmetics and Personal Care
- Pharmaceuticals
- Food and Beverage
- Animal Feed
- Agriculture
- Others
The regional markets for red clover can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 (2018-2022)
8.3 Global Red Clover Market Forecast (2023-2028)
8.4 Global Red Clover Market by Form
8.4.1 Raw
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Processed
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Red Clover Market by Application
8.5.1 Cosmetics and Personal Care
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Pharmaceuticals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Food and Beverage
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Animal Feed
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Agriculture
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Red Clover Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Red Clover Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Red Clover Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Red Clover Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Red Clover Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Red Clover Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
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 2028
2. Global Red Clover Historical Market: Breakup by Form (USD Billion), 2018-2022
3. Global Red Clover Market Forecast: Breakup by Form (USD Billion), 2023-2028
4. Global Red Clover Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Red Clover Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Red Clover Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Red Clover Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Red Clover Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Red Clover Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Red Clover Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Red Clover Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Red Clover Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Red Clover Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
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 2021 and 2026.
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 2023-2028, 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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