Cardamom oil is typically extracted from two plants namely amomum and Elettaria. Cardamom oil is beneficial to health, hair as well as skin. It is used as a flavoring agent in various food items. Cardamom oil consists of vital elements such as methyl eugenol, pinene, sabinene, linalyl acetate, geraniol, nerol, citronellol, etc.
The global cardamom oil is expected to reflect a CAGR of 3.8% during the forecast period of 2017 to 2022. This growth rate can be attributed to the increased adoption of cardamom oil in various end-use sectors such pharmaceutical industry, healthcare, food and beverages, cosmetics, personal care, etc.
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Several Factors Fuel the Growth Global Cardamom Oil Market:
The expected increase in demand for cardamom oil in the healthcare industry is more likely to intensify the growth percentages of the cardamom oil market from a global perspective. The adoption of cardamom oil in the pharmaceutical industry to produce drugs used in the treatment of muscle spasms, muscle pulls etc., is rising.
This has impacted the overall use of cardamom in this industry in recent years and with the growing awareness, it seems only more obvious that the adoption rate of cardamom oils in pharmaceuticals and healthcare industries would go even further at a definitely huge growth rate by 2022. Changing lifestyles with rapid urbanization is poised to raise the bar of growth cardamom oil market in the coming years from a global standpoint.
The cosmetic industry, as well as personal care products, are more likely to boost the growth of the global cardamom oil market. Moreover, growing cardamom use in the food and beverage industry for adding taste as well as color and fragrance directly influences the growth of the cardamom oil market and it is expected that this industry will contribute more to the growth of the market in the coming years
Fact.MR’s research report on the global cardamom market proves vital in assessing all the facets of the market as it involves all the segments and sub-segments within the market that have direct influence over the growth rate of the global market in the period of forecast.
The research study provides a comprehensive competitive landscape which includes key players in the global cardamom oil market. The companies included in the research study are
- Green Fields Oil Factory
- Plant Therapy Essential Oils
- Lionel Hitchen Essential Oils
- Aromaaz International
- IL Health and Beauty Natural Oils Co. Inc.
- Shaanxi Guanjie Technology Co.
- Natures Natural India
- Young Living Essential Oils
- Greenleaf Extractions Pvt. Ltd.
- Biolandes and The Lebermuth Company.
· By Source Type :
· By Form Type :
· By Application :
- Food and Beverages
- Cleaning and Home
· By Distribution Channel :
- Modern Trade
- Franchise Outlets
- Specialty Stores
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Questionnaire answered in the Market outlook Report of Cardamom oil include:
- What is the key strategy deployed by large players to maximize Cardamom oil Market growth?
- What are the main challenges faced by players in the Cardamom oil market Demand?
- With the advent of technological advancement, how will the Cardamom oil market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Cardamom oil market size?
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