Global Cardamom Essential Oil Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
“Global Cardamom Essential Oil Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global cardamom essential oil market report has been segmented as per product type, application, distribution channel, and region.
Global Cardamom Essential Oil Market: Overview
Cardamom is known as Elettaria Cardamomum and its oil extracted from cardamom seeds. Many foods and beverage products manufacturers across the globe used this oil among various food products to improve the taste and flavor of the food. In addition, in the pharmaceutical industry, the cardamom essential oil is used in the production of ointments and others to relieve muscular spasms, aches, cramps, improve digestive systems and other purposes. This oil is also used in the cosmetic industry in the production of various personal care products.
Global Cardamom Essential Oil Market: Dynamics
Growing demand for cardamom essential oil in healthcare industry across the globe due to various medicinal properties such as antispasmodic, antibacterial, and others associated with cardamom essential oil is a factor fueling the global market growth over the forecast period. In addition, rising adoption of cardamom essential oil at wide range in the cosmetic industry across the globe due to several beneficial properties associated with this oil is major factor expected to fuel growth of the global market.
Increasing adoption of cardamom essential oil among various food and beverage manufacturers in several food products to enhance food flavor and the test is another factor projected to boost growth of the global cardamom essential oil market. In addition, rising awareness about various health benefits associated with cardamom essential oil such as relieve muscle pain, cramps, aches, and others among individuals resulting in growing demand for cardamom essential oil across the globe. This is another factor projected to propel growth of the global market during the forecast period.
In addition, the increasing popularity of cardamom essential oil among health-conscious consumers across the globe is another factor expected to support growth of the target market during the forecast period.
Furthermore, increasing adoption of cardamom essential oil for aromatherapy and other purposes across the globe and the rising popularity of cardamom essential oil among health-conscious consumers across the globe are other factors expected to proliferate growth of the target market in the upcoming years.
However, a factor that is expected to hinder growth of the global cardamom essential oil market includes cardamom essential oil is harmful to pregnant women and breastfeeding mothers across the globe.
Global Cardamom Essential Oil Market: Segment Analysis
Increasing adoption of cardamom essential oil in the pharmaceutical industry for various treatments such as muscle spasms, muscle strain, cough and cold, and others is the primary factor driving revenue growth of the pharmaceutical segment among the application segment.
Among the distribution channel, the departmental stores segment is expected to witness significant growth in the global market, owing to various facilities provided by departmental stores such as wide product choice options, fulfill customer requirement under one roof, easy shopping, and others.
Global Cardamom Essential Oil Market: Region Analysis
The Europe cardamom essential oil market holds major revenue share in the global market followed by Asia-Pacific market and is expected to dominate the target market over the forecast period. The high presence of cardamom essential oil producers and high demand from pharmaceutical and food and beverage industries in Germany, France, Italy, and the UK. In addition, high production of cardamom and rising health-conscious consumers in countries such as China, and India in this region. The market in North America is projected to register significant growth in the global market followed by the market in Middle East & Africa and Latin America, owing to high adoption of cardamom essential oil for aromatherapy and high awareness about various health and skin benefits among individuals in countries in this region.
Global Cardamom Essential Oil Market Segmentation:
Segmentation by Product Type:
Segmentation by Application:
- Food and Beverages
Segmentation by Distribution Channel:
- Departmental Stores
- Specialty Stores
- Drug Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Green Fields Oil Factory
- Greenleaf Extractions Pvt Ltd
- Lionel Hitchen Essential Oils Ltd.
- Aksu Vital Natural Products and Cosmetics
- Plant Therapy, Inc.
- Young Living Essential Oils LC
- doTERRA International LLC
- Shiv Sales Corporation
- BIOLANDES SAS
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