Global Clove Oil Category - Procurement Market Intelligence Report
Procurement research report on the clove oil market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement best practices, and procurement challenges which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Covered in this report
According to procurement analysts, growth in the aromatherapy market is resulting in the higher demand for clove oil. Aromatherapy using essential oils (such as clove oil) has a significant impact on physiological and psychological activities of the body. It also improves cognitive performance (in terms of better memory, attention span), acts as mood stimulator, and promotes the overall well-being. In addition, it helps in treating diseases such as indigestion, depression, headache, skin ailment, and muscular pain. Also, essential oils such as clove oil are gaining popularity in developed countries such as the US, the UK, and France for treating cancer and sleep disorders.
Category driver
One of the procurement best practices for buyers is to engage with suppliers that have exclusive agreements with clove tree growers. The quality of clove oil is dependent on multiple factors such as farming practices, quality of soil, and overall knowledge and experience of growers and cultivators of the clove tree. Moreover, the high geographic concentration and high-quality commercial cultivation of clove tree have resulted in manufacturers and distillers entering into exclusive agreements with these cultivators. As a result, buyers must partner with suppliers that have such arrangements with their raw material manufacturers as it ensures product quality and assurance.
Solutions can be categorized into:
Procurement research report on the clove oil market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement best practices, and procurement challenges which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Covered in this report
According to procurement analysts, growth in the aromatherapy market is resulting in the higher demand for clove oil. Aromatherapy using essential oils (such as clove oil) has a significant impact on physiological and psychological activities of the body. It also improves cognitive performance (in terms of better memory, attention span), acts as mood stimulator, and promotes the overall well-being. In addition, it helps in treating diseases such as indigestion, depression, headache, skin ailment, and muscular pain. Also, essential oils such as clove oil are gaining popularity in developed countries such as the US, the UK, and France for treating cancer and sleep disorders.
Category driver
One of the procurement best practices for buyers is to engage with suppliers that have exclusive agreements with clove tree growers. The quality of clove oil is dependent on multiple factors such as farming practices, quality of soil, and overall knowledge and experience of growers and cultivators of the clove tree. Moreover, the high geographic concentration and high-quality commercial cultivation of clove tree have resulted in manufacturers and distillers entering into exclusive agreements with these cultivators. As a result, buyers must partner with suppliers that have such arrangements with their raw material manufacturers as it ensures product quality and assurance.
Solutions can be categorized into:
- Medical industry
- Spa industry
- Food industry
- Spice industry
Table of Contents
PART 1: CATEGORY AT A GLANCE
PART 2: SCOPE OF THE REPORT
PART 3: MARKET INSIGHTS
PART 4: SUPPLY MARKET INSIGHTS
PART 5: PRICING INSIGHTS
PART 6: PROCUREMENT INSIGHTS
PART 7: TOP FIVE SUPPLIERS
PART 8: APPENDIX
Executive Summary
New Report Released: Global Clove Oil - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Clove Oil - Procurement Market Intelligence Report: Ultra International, doTERRA, Young Living, Berje, Indukern.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to engage with suppliers that have exclusive agreements with clove tree growers.”
According to the report, one of the key growth contributors for the Global Clove Oil Market is the heightened consumer awareness of the benefits and applications of essential oils.
Further, the report states that major procurement challenge faced by buyers is the increasing incidence of adulteration.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Ultra International
- doTERRA
- Young Living
- Berje
- Indukern
Methodology
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