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Global Clove Oil Category - Procurement Market Intelligence Report

Global Clove Oil Category - Procurement Market Intelligence Report

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 at SpendEdge, 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


PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Clove Oil Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
Ultra International
dōTERRA
Young Living
Berje
Indukern
PART 8: APPENDIX
Glossary
Key Notes
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