Global Red Clover Market Overview 

The Global Red Clover Market Size Is Projected to Grow from USD 1.7 Billion In 2022 To USD 3.92 Billion By 2028, At A CAGR of 11%.

Red clover is a wild plant associated with the legume family. Cattle and other animals graze on red clover. It offers excellent phytoestrogen activity as it contains many Phyto estrogenic isoflavones (plant-based chemicals that produce estrogen-like effects in the body). Extracts of red clover isoflavones are different from the whole herb, and in fact, represent only a small, highly concentrated, and probably bioactive part of the total herb. It has also been utilized medicinally to treat various conditions such as cancer, whooping cough, respiratory issues, and skin inflammations, such as psoriasis and eczema. Moreover, health care practitioners believe that red clover "purifies" the blood by acting as a diuretic (helping the body get rid of high fluid) and expectorant (helping clear lungs of mucous), enhancing circulation, and helping cleanse the liver. Red clover may decline nocturnal urinary frequency, international prostate symptom scores, and boost the quality of life in patients with extended prostate (BPH). Red clover does not affect urine flow rate, PSA values, or prostate size. Nutritionally red clover contains isoflavones, which chemically change to phytoestrogens after entering the body, which is extremely beneficial as they can functionally imitate the estrogen hormone in the human body. Red clover is a storehouse for many vitamins, nutrients, and minerals, such as potassium, thiamine, calcium, chromium, magnesium, niacin, phosphorus, and vitamin C. The flowers of red clover are small and pinkish-purple in color, and owing to the significant growth rate and high nutritional value, they are often utilized as fodder for animals. The plant benefits the soil as well, by fixing nitrogen, thereby making it an ideal cover crop for enhancing the soil fertility for other crops grown in the same soil. It is generally known for its health benefits and is extensively utilized for several ailments. The red clover market growth over the globe is owing to the rise in cardiovascular health consciousness and the rising consumption of diet-conscious healthy foods. The increased pharmaceutical demand owing to its health benefits is further augmenting the sales growth.

Market Dynamics and Factors for the Red Clover Market:

Drivers:

Frequency of Menopausal Issues

Women in their menopause stage face various issues such as insomnia, hot flashes, and, in numerous cases, sexual dysfunction. Many women opted for supplements containing estrogen, which may significantly raise the risk of blood clots, stroke, or breast or uterine cancer. Therefore, estrogen may not be an option for many women, depending on their health and family health history. Women are currently willing toward supplements with naturally therapeutic ingredients to manage their menopause symptoms with fewer risks. In response to such switching preferences of women, supplement producers have turned to natural substitutes. They have started utilizing soy isoflavones instead of estrogen, as it mimics the estrogen characteristics and offers estrogen effects that aid in declining menopausal symptoms such as hot flashes and fatigue. Due to the growing problems associated with menopause and women's inclination toward supplements with natural alternatives, the demand for red clover from the nutraceutical industry is estimated to grow during the forecast period.

Restraints:

No serious side effects have been recorded in people taking red clover for up to 1 year. General side effects may include headache, nausea, and rash. Nevertheless, animals that graze on large amounts of red clover have become infertile. People who have been recognized for breast cancer should not use red clover without discussing it with their physician. Red clover may raise the risk of bleeding, particularly in those people who are taking blood-thinning medications. Pregnant or breastfeeding women should not take red clover. Furthermore, red clover comes under the active pharmaceutical ingredient (API) category hence, manufacturers have to follow the rules and regulations imposed for all API products. Thus, these factors are hampering the growth of the red clover market during the forecast period.

Opportunities:

Developing Technologies

Some of the trending advancements in drug development include the application of nanotechnology for the synthesis of APIs. The developing nanoparticle technologies for efficient delivery of APIs shows promising potential as a novel and efficient approach. Nanobodies are similar to single-domain antibodies that can bind to specific antigens; nevertheless, they are much smaller in size than antibodies. Nanobodies are significantly becoming an attractive technology platform for pharmaceutical development. In addition, bispecific antibodies, which can bind to two different epitopes either on the same or different targets, are attracting the attention of market players. Such developing technologies have the potential to produce lucrative opportunities for market players.

Market Segmentation

Segmentation Analysis of Red Clover Market:

Based on the type, the red clover market can be segmented into raw and processed forms. Among these segments, the processed form is expected to grow further in the forecast period, than the raw form. The processed form is available in the market as oils and extracts, while the raw form is accessible in the red clover market as dried herbs.

Based on the application, the pharmaceutical industry is expected to dominate the Red Clover market during the forecast period. Owing to extensively utilized as a traditional medicine to treat osteoporosis, heart disease, skin disorders, arthritis, cancer, respiratory issues such as asthma, and women's health issues, such as menstrual and menopausal symptoms. Furthermore, much research shows that red clover might boost psychological symptoms of menopause, such as depression and anxiety.

Regional Analysis for the Red Clover Market:

The North American region is expected to dominate the red clover market over the forecast period. Growing cases of obesity in North America increase the focus on weight management techniques & attract consumers toward healthy and natural food products with natural ingredients, thereby accelerating the demand for red clover in the region.

The large-scale demand for red clover in cosmetic industries is playing a driving factor in the growth of Europe. Nevertheless, rising competition from cosmetics and pharmaceutical industries in other regions is restraining the growth of this market in the European region. Thus, Europe is anticipated to observe sluggish growth during the forecast period due to slow industrial recovery from recession.

Asia Pacific region is anticipated to grow at a substantial rate over the forecast period owing to the growing application use of red clover in cosmetics, food, and pharmaceutical industries.

Players Covered in Red Clover Market are :

• Avestia Pharma (India)
• Herbo Nutra (India)
• Monterey Bay Spice (US)
• Herb Pharm LLC (USA)
• Et-Chem (China)
• Nanjing NutriHerb BioTech Co.Ltd (China)
• Indigo Herbs (UK) and other major players.

Key Industry Developments in the Red Clover Market:

The American Herbal Pharmacopoeia (AHP) published a new monograph and therapeutic compendium for red clover (Trifolium pratense, Fabaceae) flowering tops, aerial parts, and dry extracts.1 The long-awaited monograph includes a full suite of identity and quality tests, documents historical uses of the plant, and provides guidance on harvest and cultivation practices, as well as a full review of clinical and pre-clinical pharmacology and safety data

COVID-19 Impact on the Red Clover Market:

The report covers the Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Red Clover market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans, and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Red Clover Market by Type
 5.1 Red Clover Market Overview Snapshot and Growth Engine
 5.2 Red Clover Market Overview
 5.3 Raw Form
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Raw Form: Grographic Segmentation
 5.4 Processed Form
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Processed Form: Grographic Segmentation

Chapter 6: Red Clover Market by Application
 6.1 Red Clover Market Overview Snapshot and Growth Engine
 6.2 Red Clover Market Overview
 6.3 Food & Beverage Industry
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Food & Beverage Industry: Grographic Segmentation
 6.4 Agriculture Industry
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Agriculture Industry: Grographic Segmentation
 6.5 Pharmaceutical Industry
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Pharmaceutical Industry: Grographic Segmentation
 6.6 Animal Feed Industry
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Animal Feed Industry: Grographic Segmentation
 6.7 Cosmetic & Personal Care Industry
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Cosmetic & Personal Care Industry: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Red Clover Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Red Clover Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Red Clover Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 AVESTIA PHARMA
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 HERBO NUTRA
 7.4 MONTEREY BAY SPICE
 7.5 HERB PHARM LLC
 7.6 ET-CHEM
 7.7 NANJING NUTRIHERB BIOTECH CO.LTD
 7.8 INDIGO HERBS
 7.9 OTHER MAJOR PLAYERS

Chapter 8: Global Red Clover Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Raw Form
  8.2.2 Processed Form
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Food & Beverage Industry
  8.3.2 Agriculture Industry
  8.3.3 Pharmaceutical Industry
  8.3.4 Animal Feed Industry
  8.3.5 Cosmetic & Personal Care Industry

Chapter 9: North America Red Clover Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Raw Form
  9.4.2 Processed Form
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Food & Beverage Industry
  9.5.2 Agriculture Industry
  9.5.3 Pharmaceutical Industry
  9.5.4 Animal Feed Industry
  9.5.5 Cosmetic & Personal Care Industry
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Red Clover Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Raw Form
  10.4.2 Processed Form
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Food & Beverage Industry
  10.5.2 Agriculture Industry
  10.5.3 Pharmaceutical Industry
  10.5.4 Animal Feed Industry
  10.5.5 Cosmetic & Personal Care Industry
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Red Clover Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Raw Form
  11.4.2 Processed Form
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Food & Beverage Industry
  11.5.2 Agriculture Industry
  11.5.3 Pharmaceutical Industry
  11.5.4 Animal Feed Industry
  11.5.5 Cosmetic & Personal Care Industry
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Red Clover Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Raw Form
  12.4.2 Processed Form
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Food & Beverage Industry
  12.5.2 Agriculture Industry
  12.5.3 Pharmaceutical Industry
  12.5.4 Animal Feed Industry
  12.5.5 Cosmetic & Personal Care Industry
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Red Clover Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Raw Form
  13.4.2 Processed Form
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Food & Beverage Industry
  13.5.2 Agriculture Industry
  13.5.3 Pharmaceutical Industry
  13.5.4 Animal Feed Industry
  13.5.5 Cosmetic & Personal Care Industry
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. RED CLOVER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. RED CLOVER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. RED CLOVER MARKET COMPETITIVE RIVALRY
TABLE 005. RED CLOVER MARKET THREAT OF NEW ENTRANTS
TABLE 006. RED CLOVER MARKET THREAT OF SUBSTITUTES
TABLE 007. RED CLOVER MARKET BY TYPE
TABLE 008. RAW FORM MARKET OVERVIEW (2016-2028)
TABLE 009. PROCESSED FORM MARKET OVERVIEW (2016-2028)
TABLE 010. RED CLOVER MARKET BY APPLICATION
TABLE 011. FOOD & BEVERAGE INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 012. AGRICULTURE INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 013. PHARMACEUTICAL INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 014. ANIMAL FEED INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 015. COSMETIC & PERSONAL CARE INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA RED CLOVER MARKET, BY TYPE (2016-2028)
TABLE 017. NORTH AMERICA RED CLOVER MARKET, BY APPLICATION (2016-2028)
TABLE 018. N RED CLOVER MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE RED CLOVER MARKET, BY TYPE (2016-2028)
TABLE 020. EUROPE RED CLOVER MARKET, BY APPLICATION (2016-2028)
TABLE 021. RED CLOVER MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC RED CLOVER MARKET, BY TYPE (2016-2028)
TABLE 023. ASIA PACIFIC RED CLOVER MARKET, BY APPLICATION (2016-2028)
TABLE 024. RED CLOVER MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA RED CLOVER MARKET, BY TYPE (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA RED CLOVER MARKET, BY APPLICATION (2016-2028)
TABLE 027. RED CLOVER MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA RED CLOVER MARKET, BY TYPE (2016-2028)
TABLE 029. SOUTH AMERICA RED CLOVER MARKET, BY APPLICATION (2016-2028)
TABLE 030. RED CLOVER MARKET, BY COUNTRY (2016-2028)
TABLE 031. AVESTIA PHARMA: SNAPSHOT
TABLE 032. AVESTIA PHARMA: BUSINESS PERFORMANCE
TABLE 033. AVESTIA PHARMA: PRODUCT PORTFOLIO
TABLE 034. AVESTIA PHARMA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. HERBO NUTRA: SNAPSHOT
TABLE 035. HERBO NUTRA: BUSINESS PERFORMANCE
TABLE 036. HERBO NUTRA: PRODUCT PORTFOLIO
TABLE 037. HERBO NUTRA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. MONTEREY BAY SPICE: SNAPSHOT
TABLE 038. MONTEREY BAY SPICE: BUSINESS PERFORMANCE
TABLE 039. MONTEREY BAY SPICE: PRODUCT PORTFOLIO
TABLE 040. MONTEREY BAY SPICE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. HERB PHARM LLC: SNAPSHOT
TABLE 041. HERB PHARM LLC: BUSINESS PERFORMANCE
TABLE 042. HERB PHARM LLC: PRODUCT PORTFOLIO
TABLE 043. HERB PHARM LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. ET-CHEM: SNAPSHOT
TABLE 044. ET-CHEM: BUSINESS PERFORMANCE
TABLE 045. ET-CHEM: PRODUCT PORTFOLIO
TABLE 046. ET-CHEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. NANJING NUTRIHERB BIOTECH CO.LTD: SNAPSHOT
TABLE 047. NANJING NUTRIHERB BIOTECH CO.LTD: BUSINESS PERFORMANCE
TABLE 048. NANJING NUTRIHERB BIOTECH CO.LTD: PRODUCT PORTFOLIO
TABLE 049. NANJING NUTRIHERB BIOTECH CO.LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. INDIGO HERBS: SNAPSHOT
TABLE 050. INDIGO HERBS: BUSINESS PERFORMANCE
TABLE 051. INDIGO HERBS: PRODUCT PORTFOLIO
TABLE 052. INDIGO HERBS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 053. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 054. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 055. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. RED CLOVER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. RED CLOVER MARKET OVERVIEW BY TYPE
FIGURE 012. RAW FORM MARKET OVERVIEW (2016-2028)
FIGURE 013. PROCESSED FORM MARKET OVERVIEW (2016-2028)
FIGURE 014. RED CLOVER MARKET OVERVIEW BY APPLICATION
FIGURE 015. FOOD & BEVERAGE INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 016. AGRICULTURE INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 017. PHARMACEUTICAL INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 018. ANIMAL FEED INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 019. COSMETIC & PERSONAL CARE INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA RED CLOVER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE RED CLOVER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC RED CLOVER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA RED CLOVER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA RED CLOVER MARKET OVERVIEW BY COUNTRY (2016-2028)