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Red Clover Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 153
Delivery Format: PDF + Excel

$2,950.00

Global Red Clover Market Outlook

The global red clover market is expected to grow at a CAGR of 11% in the forecast period of 2022-2030

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 Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

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.

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.

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

 

 

Table of content

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    Industry Opportunities and Challenges
8    Global Red Clover Market Analysis

8.1    Key Industry Highlights
8.2    Global Red Clover Historical Market (2017-2021)
8.3    Global Red Clover Market Forecast (2022-2027)
8.4    Global Red Clover Market by Form
8.4.1    Raw
8.4.1.1    Market Share
8.4.1.2    Historical Trend (2017-2021)
8.4.1.3    Forecast Trend (2022-2027)
8.4.2    Processed
8.4.2.1    Market Share
8.4.2.2    Historical Trend (2017-2021)
8.4.2.3    Forecast Trend (2022-2027)
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 (2017-2021)
8.5.1.3    Forecast Trend (2022-2027)
8.5.2    Pharmaceuticals
8.5.2.1    Market Share
8.5.2.2    Historical Trend (2017-2021)
8.5.2.3    Forecast Trend (2022-2027)
8.5.3    Food and Beverage
8.5.3.1    Market Share
8.5.3.2    Historical Trend (2017-2021)
8.5.3.3    Forecast Trend (2022-2027)
8.5.4    Animal Feed
8.5.4.1    Market Share
8.5.4.2    Historical Trend (2017-2021)
8.5.4.3    Forecast Trend (2022-2027)
8.5.5    Agriculture
8.5.5.1    Market Share
8.5.5.2    Historical Trend (2017-2021)
8.5.5.3    Forecast Trend (2022-2027)
8.5.6    Others
8.6    Global Red Clover Market by Region
8.6.1    Market Share
8.6.1.1    North America
8.6.1.2    Europe
8.6.1.3    Asia Pacific
8.6.1.4    Latin America
8.6.1.5    Middle East and Africa
9    Regional Analysis
9.1    North America
9.1.1    Historical Trend (2017-2021)7
9.1.2    Forecast Trend (2022-2027)
9.1.3    Breakup by Country
9.1.3.1    United States of America
9.1.3.2    Canada
9.2    Europe
9.2.1    Historical Trend (2017-2021)
9.2.2    Forecast Trend (2022-2027)
9.2.3    Breakup by Country
9.2.3.1    United Kingdom
9.2.3.2    Germany
9.2.3.3    France
9.2.3.4    Italy
9.2.3.5    Others
9.3    Asia Pacific
9.3.1    Historical Trend (2017-2021)
9.3.2    Forecast Trend (2022-2027)
9.3.3    Breakup by Country
9.3.3.1    China
9.3.3.2    Japan
9.3.3.3    India
9.3.3.4    ASEAN
9.3.3.5    Australia
9.3.3.6    Others
9.4    Latin America
9.4.1    Historical Trend (2017-2021)
9.4.2    Forecast Trend (2022-2027)
9.4.3    Breakup by Country
9.4.3.1    Brazil
9.4.3.2    Argentina
9.4.3.3    Mexico
9.4.3.4    Others
9.5    Middle East and Africa
9.5.1    Historical Trend (2017-2021)
9.5.2    Forecast Trend (2022-2027)
9.5.3    Breakup by Country
9.5.3.1    Saudi Arabia
9.5.3.2    United Arab Emirates
9.5.3.3    Nigeria
9.5.3.4    South Africa
9.5.3.5    Others
10    Market Dynamics
10.1    SWOT Analysis
10.1.1    Strengths
10.1.2    Weaknesses
10.1.3    Opportunities
10.1.4    Threats
10.2    Porter’s Five Forces Analysis
10.2.1    Supplier’s Power
10.2.2    Buyer’s Power
10.2.3    Threat of New Entrants
10.2.4    Degree of Rivalry
10.2.5    Threat of Substitutes
10.3    Key Indicators for Demand
10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

12.1    North America Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.2    Europe Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.3    Asia Pacific Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.4    Latin America Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.5    Middle East & Africa Historical Price Trends (2017-2021) & Forecast (2022-2027)
13    Competitive Landscape
13.1    Market Structure
13.2    Company Profiles
13.2.1    Avestia Pharma
13.2.1.1    Company Overview
13.2.1.2    Product Portfolio
13.2.1.3    Demographic Reach and Achievements
13.2.1.4    Certifications
13.2.2    Herbo Nutra
13.2.2.1    Company Overview
13.2.2.2    Product Portfolio
13.2.2.3    Demographic Reach and Achievements
13.2.2.4    Certifications
13.2.3    Herb Pharm, LLC
13.2.3.1    Company Overview
13.2.3.2    Product Portfolio
13.2.3.3    Demographic Reach and Achievements
13.2.3.4    Certifications
13.2.4    Et-Chem
13.2.4.1    Company Overview
13.2.4.2    Product Portfolio
13.2.4.3    Demographic Reach and Achievements
13.2.4.4    Certifications
13.2.5    Nanjing NutriHerb BioTech Co.,Ltd
13.2.5.1    Company Overview
13.2.5.2    Product Portfolio
13.2.5.3    Demographic Reach and Achievements
13.2.5.4    Certifications
13.2.6    Others
14    Industry Events and Developments

Segmentation

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

Companies

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

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