Press release
The Heightened Consumption Of Herbal Dietary Supplements Propelling The Growth Of The Red Clover Market: Strategic Insights Driving Red Clover Market Momentum in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Red Clover Market Size By 2025?
In recent times, the red clover market has seen a rapid expansion. Expectations predict an increase from $1.78 billion in 2024 to $1.98 billion in 2025, maintaining a compound annual growth rate (CAGR) of 10.9%. Factors attributed to such growth during the historic period are a surge in organic farming leading to higher red clover cultivation, its usage in sustainable agriculture, the popularity of functional foods, regulations and guidelines favoring herbal product usage, and a general transition towards preventive healthcare.
How Big Is the Red Clover Market Size Expected to Grow by 2029?
Accelerated expansion is predicted for the red clover market size in the coming years, anticipated to extend up to $2.99 billion in 2029, with a compound annual growth rate (CAGR) of 10.9%. The surge expected throughout this projection period can be credited to the growing understanding of red clover's health advantages, consumer emphasis on health and wellness, the increasing acceptance of plant-based diets, plus an expanding dietary supplemen*t* market. During this forecast period, prominent trends would include continued studies emphasising red clover's benefits and uses, novel product creation, increased financial backing for research, agricultural technology advancements, alongside its integration into functional beverages.
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Which Key Market Drivers Powering Red Clover Market Expansion and Growth?
The increase in red clover market growth may be fueled by the escalated intake of herbal dietary supplemen*ts. Produced from plant extracts or components, these supplements aim to promote health and wellbeing. Several reasons, such as increased consumer health and wellness knowledge, a heightened preference for natural and organic goods, and the growing popularity of preventative healthcare, contribute to the elevated consumption of these herbal dietary supplemen*ts. Red clover is frequently included in these supplements due to its potential benefits, such as relief from menopausal symptoms, enhancement of bone health, and support of cardiovascular functioning. The German Tea & Herbal Infusions Association reported in November 2023, an increase in the quantity of tea imports in 2022 by 7.4%, equivalent to 3,531 tonnes indicating a surge beyond pre-COVID levels. Germany received at least 51,000 tonnes of black and green tea imports from a total of 82 diverse countries, a significant increase compared to 2021's 47,500 tonnes. Consequently, the boosted consumption of herbal dietary supplemen*ts is stimulating the red clover market's expansion.
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What Are the Key Trends Driving Red Clover Market Growth?
Leading entities in the red clover market are prioritizing the creation of innovative products, with a key focus on advanced agricultural methods, to establish a competitive edge. Such advanced methods for red clover farming encompass precision agriculture that employs GPS and data analytics to enhance planting and resource allocation, thus promoting healthy development and effective use of inputs. Another method is cover cropping, which involves planting red clover to boost soil quality, control weed growth, and foster biodiversity, all of which contribute to superior crop yields overall. For instance, in September 2024, an industry player, Cork beauty professional, a beauty professionals and salons provider based in Ireland, initiated Cork'sCork's Red Clover Farm. This venture features a diverse range of skincare products and herbal tea tailored for women in the perimenopause or menopause phase. Red clover is recognized for its high nutrient value, containing isoflavones, phytoestrogens, and protein, which are all beneficial for aging and mature skin.
What Are the Emerging Segments in the Red Clover Market?
The red clover market covered in this report is segmented -
1) By Type: Raw Form, Processed Form
2) By Channel: Direct Sales, Distributor
3) By Application: Food And Beverage Industry, Pharmaceutical Industry, Agriculture Industry, Animal Feed Industry, Cosmetic And Personal Care Industry
Subsegments:
1) By Raw Form: Fresh Red Clover, Dried Red Clover, Red Clover Seeds
2) By Processed Form: Red Clover Extracts, Red Clover Powder, Red Clover Capsules Or Tablets, Red Clover Tea
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Who Are the Global Leaders in the Red Clover Market?
Major companies operating in the red clover market are Nestlé S.A., Barenbrug Group, NOW Foods, Swanson Health Products, Nature's Way, Gaia Herbs, Frontier Co-op, Little Barn Health Ltd., Starwest Botanicals, Herb Pharm LLC, HealthAid, ChhajedGarden, Monterey Bay Herb Co, Indigo Herbs, Mountain Rose Herbs, One Herb, Avestia Pharma, Herbo Nutra, Et-Chem, Freshmills
Which are the Top Profitable Regional Markets for the Red Clover Industry?
North America was the largest region in the red clover market in 2024. The regions covered in the red clover market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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