Cardamom oil Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032
Cardamom oil is extracted from dried cardamom through a process of steam distillation. It is also referred as Cardamon or Cardamum oil. Cardamom oil finds application in many food and beverage preparation and healthcare products. The cardamom is a spice native to the Indian subcontinent and Indonesia.
However, owing to the health benefits offered by cardamom, the consumption of cardamom products is gaining traction across the globe. The cardamom oil market is anticipated to exhibit sustainable growth during the forecast period owing to its benefits and increasing application across various industries.
The cardamom oil market is expected to expand at a CAGR of 9.0% during the forecast period. The global cardamom oil market was dominated by India and Guatemala in terms of production in 2018 and are anticipated to be the major production hubs throughout the forecast period. Moreover, North America dominated the global market in 2018 and is anticipated to be continue its dominance throughout the forecast period owing to soaring demand from food and beverages industry.
Key players operating in the cardamom oil market with significant product development include Green Fields Oil Factory, Nelixia, Shiv Sales Corporation, IL Health & Beauty Natural Oils Co., Inc., Aromaaz Internationa, Aksuvital, Shaanxi Guanjie Technology Co., Ltd, Piping Rock Health Products Llc, Natures Natural India, and Greenleaf Extractions Pvt. Ltd.
The report titled “Cardamom Oil Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” offers market estimates for a period 2019 to 2032, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global cardamom oil market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study.
The global cardamom oil market is segmented based on type, application, distribution channel, end use industry, and geography. Based on type, the market is segmented into amomum cardamom oil and elettaria cardamom oil. Based on application, the global cardamom oil market is segmented into antispasmodic, antiseptic and antimicrobial, stimulant, and diuretic. Based on distribution channel, the market is segmented into online channel and offline channel. The offline channel is further sub-segmented into retail shops, pharmaceuticals, and supermarket & hypermarket. Based on end use industry, the market is segmented into food and beverage, pharmaceutical, personal care and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America.
Additionally, the study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on cardamom oil. Further, market share of company in the global cardamom oil market would also be calculated. The study describes key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the prominent cardamom oil producing companies.
Furthermore, the global cardamom oil market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the cardamom oil market business segment of the company.
Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global cardamom oil market arena. Key players in the global cardamom oil market are strongly focusing on expanding globally improved formulations of cardamom oil to cater the rising demand from global market.
Segmentation:
By Type
- Amomum Cardamom Oil
- Elettaria Cardamom Oil
By Application
- Antispasmodic
- Antiseptic And Antimicrobial
- Stimulant
- And Diuretic
By Distribution Channel
- Online Channel
- Offline Channel
By End Use Industry
- Food And Beverage
- Pharmaceutical
- Personal Care
- Others
By Geography
- North America
- South America
- Europe
- Asia Pacific
- Middle East & Africa
