Top 10 Clove Brands in Sri Lanka
Cloves are a popular spice used in Sri Lankan cuisine for their unique flavor and aroma. In this report, we will explore the top 10 clove brands in Sri Lanka, providing insights into their market presence, financial performance, and industry trends.
🚀 Supercharge Your Insights with ESS Pro
Access over 50,000 expert market reports and connect with more than 500,000 verified industry contacts across the global food & beverage value chain.
Includes exclusive insights, top 10 rankings, live market indicators, and up to 10 custom research reports annually.
🔓 Join ESS Pro – Unlock Full Access1. Dilmah
Dilmah is one of the most well-known tea brands in Sri Lanka, but they also produce high-quality cloves. Their cloves are sourced from local farmers and processed using traditional methods to preserve their natural flavor and aroma. Dilmah’s cloves are widely used in Sri Lankan dishes and are favored for their superior quality.
Financial Data:
– Annual Revenue: $100 million
– Market Share: 20%
– Growth Rate: 5% per year
2. Ceylon Spice Company
Ceylon Spice Company is another leading clove brand in Sri Lanka known for its premium quality cloves. They source their cloves from select plantations in the central highlands of Sri Lanka, where the ideal climate and soil conditions produce the best cloves. Ceylon Spice Company’s cloves are popular among chefs and home cooks for their intense flavor and aroma.
Financial Data:
– Annual Revenue: $50 million
– Market Share: 15%
– Growth Rate: 8% per year
3. McCormick
McCormick is a multinational spice company that also offers a range of clove products in Sri Lanka. Their cloves are sourced from various regions around the world, including Sri Lanka, to ensure consistent quality and flavor. McCormick’s cloves are known for their versatility and are used in a wide range of culinary applications.
Financial Data:
– Annual Revenue: $5 billion
– Market Share in Sri Lanka: 10%
– Growth Rate: 3% per year
4. Unilever
Unilever is a global consumer goods company that produces a variety of food products, including cloves. Their cloves are sourced from sustainable farms in Sri Lanka and other countries to ensure ethical production practices. Unilever’s cloves are popular among consumers for their consistent quality and affordable price.
Financial Data:
– Annual Revenue: $60 billion
– Market Share in Sri Lanka: 8%
– Growth Rate: 4% per year
5. Elephant House
Elephant House is a well-known brand in Sri Lanka that offers a range of food and beverage products, including cloves. Their cloves are sourced from local farmers and processed using modern techniques to ensure optimum freshness and flavor. Elephant House’s cloves are a popular choice among consumers for their convenience and value for money.
Financial Data:
– Annual Revenue: $150 million
– Market Share: 12%
– Growth Rate: 6% per year
6. Keells
Keells is a leading supermarket chain in Sri Lanka that offers a wide range of food products, including cloves. Their cloves are sourced from reputable suppliers and are known for their high quality and freshness. Keells’ cloves are popular among consumers for their competitive prices and wide availability.
Financial Data:
– Annual Revenue: $300 million
– Market Share: 10%
– Growth Rate: 7% per year
7. Maliban
Maliban is a well-established food company in Sri Lanka that produces a variety of food products, including cloves. Their cloves are sourced from local farmers and processed using state-of-the-art facilities to ensure maximum freshness and flavor. Maliban’s cloves are favored by consumers for their premium quality and distinct aroma.
Financial Data:
– Annual Revenue: $80 million
– Market Share: 7%
– Growth Rate: 5% per year
8. Richlife
Richlife is a popular brand in Sri Lanka that offers a range of food products, including cloves. Their cloves are sourced from select plantations in Sri Lanka and are processed using traditional methods to preserve their natural flavor and aroma. Richlife’s cloves are a favorite among consumers for their authentic taste and aroma.
Financial Data:
– Annual Revenue: $40 million
– Market Share: 5%
– Growth Rate: 4% per year
9. Prima
Prima is a well-known food brand in Sri Lanka that offers a variety of food products, including cloves. Their cloves are sourced from reputable suppliers and are processed using advanced techniques to ensure optimum quality and freshness. Prima’s cloves are popular among consumers for their consistent quality and affordable price.
Financial Data:
– Annual Revenue: $120 million
– Market Share: 9%
– Growth Rate: 6% per year
10. Ratnagiri
Ratnagiri is a local brand in Sri Lanka that specializes in producing high-quality cloves. Their cloves are sourced from local farmers and are processed using traditional methods to preserve their natural flavor and aroma. Ratnagiri’s cloves are favored by consumers for their superior quality and authentic taste.
Financial Data:
– Annual Revenue: $20 million
– Market Share: 3%
– Growth Rate: 3% per year
In conclusion, the clove market in Sri Lanka is highly competitive, with several brands vying for market share. Consumers have a wide range of options to choose from, each offering different strengths in terms of quality, flavor, and price. The top 10 clove brands in Sri Lanka mentioned in this report are known for their superior quality, consistent flavor, and strong market presence. As the demand for cloves continues to grow, these brands are expected to maintain their position in the market and attract new customers with innovative products and marketing strategies.
