Global Cardamom Oil Market Research Report- Forecast to 2027

Global Cardamom Oil Market Information- by Type (Elettaria Cardamom Oil and Amomum (Subulatum/ Costatum) Cardamom Oil), by Application (Food and Beverages, Pharmaceuticals, Personal Care Products, Home Care Products and others) and Region Forecast to 2027

ID: MRFR/F-B & N/0065-CR | February 2017 | Region: Global | 109 pages

Please note that the assessment period of report has been updated from 2016-2022 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview


The extraction of oil by using the steam distillation procedure from the dried cardamom which is generally used in different applications like pharmaceutical, food processing, fragrance in perfumes and soaps, and many others increases the market share for the cardamom oil market in the global market. There are various essential elements like trans-nerolidol, terpinolene, terpinene-4-oil, p-cymene, a-terpineol, terpinene, 8-cineole, a-terpineol acetate, limonene, linalool, citronellol, phellandrene, nerol, myrcene, linalyl acetate, geraniol, methyl eugenol, pinene, and many others are present in the cardamom oil. The use of cardamom oil is very beneficial for skin, hair, and health and hence increases the market growth share of the cardamom oil market in the global market. Cardamom oil is also used in aromatherapy.


It is expected that the cardamom oil market will grow at a high CAGR of 8.31% in the global market to account for a larger market share value of approximately USD 869 million by the end of the forecasted period.


COVID 19 Analysis


The situation of the global pandemic of COVID 19 has affected the normal working of people adversely. Owing to the lockdown situation most of the manufacturing units were shut down which pushed the economies into forced recession. With the increasing outbreak of COVID 19, most of the distribution channels were disrupted which resulted in a steep downfall of revenues in the cardamom oil market and lesser profit margins.


The market for cardamom oil is expected to recover by the end of the second quarter of the coming year during the forecasted period.


Market Dynamics


Drivers



  • The cardamom oil market is increasing tremendously in the global market. Cardamom oil has various benefits in the health and personal care sector and hence accelerates the cardamom oil industry in the global market. The coloring agent and natural flavoring of cardamom oil accelerate the market. Also, the increasing use of cardamom oil in the cosmetic, medicine, and oil drives the market. Moreover, the use of cardamom oil in the pharmaceutical industry for producing drugs for the treatment of muscle pulls, muscle spasms boost the cardamom oil market in the global market.


Opportunities



  • The cardamom oil market is increasing at a high pace in the global market. The changing lifestyle and increasing concerns about health and fitness among the consumers in various regions and increasing urbanization provides various growth opportunities in this market. Also, the use of cardamom oil for enhancing the color and flavor in the food and beverages industry provides various growth opportunities in the cardamom oil industry.


Restraints



  • The cardamom oil market is increasing constantly in the global market but some factors restraint the growth of this market. The high cost of production of cardamom oil hampers the growth of cardamom oil in the global market during the forecasted period. Also, the increasing cost of cardamom seeds is another factor that restricts the growth of this market. Moreover, the availability of substitutes like ginger oil and clove oil restrain the growth of this market.


Value Chain Analysis


The cardamom oil market is increasing rapidly as it provides various benefits and hence adds value to society. It helps with digestive problems. It helps in preventing cavities and reduces bad breath as it has various antibacterial properties and also helps in treating infections. Cardamom oil also has cancer-treating properties.


Market Segmentation


The market has been divided based on the type, application, and distribution channels.


Based on the Type



  • The market has been divided based on the type into the conventional type and organic type. The largest market share in the type dividend in this market is held by the organic type to cater to the increasing need for health-conscious consumers in the global market.


Based on the Application



  • The market has been divided based on the application into cosmetics products, personal care products, pharmaceutical products, food, beverages, and many others. The largest market share in the application dividend is held by the food and beverages dividend as the use of cardamom oil as an ingredient helps in enhancing the taste and flavors.


Based on the Distribution Channels



  • The market has been divided based on the distribution channels into retail stores, wholesalers, distributors, and other retail formats.


Regional Analysis


The cardamom oil market in the global market has been divided based on the region into Asia-Pacific region, Latin American region, North American region, European region, the Middle East and Africa region, and the rest of the world. The largest market share in this market is held by the Asia-Pacific region. It is observed that the Asia-Pacific region dominates the market owing to the increasing concern about personal care and health care among consumers of Asia-Pacific region countries.


The second-largest market share in the market is held by the Latin American region as this region is the largest producer of cardamom oil all across the global market. The cardamom oil used as a flavoring agent increases its market share in the Latin American region. The third-largest market share in the market is held by the North American region owing to the increasing use of cardamom oil in food and beverages followed by the European region and the Middle East and Africa region respectively.


Competitive Landscape


The most prominent major key players in this market are as follows:



  • Nelixia

  • Green Fields Oil Factory

  • Shiv Sales Corporation

  • Aromaaz International

  • Natures Natural India

  • Piping Rock Health Products LLC

  • Greenleaf Extractions Pvt Ltd.


These most prominent major key players in the cardamom oil market in the global market uses various strategies to cater to the increasing need of the customer. They use various policies and strategies like collaborations, mergers, and acquisitions, establishing a joint venture, developing the new production process, innovation in the existing product, expansion of business, partnership to increase their customer base in the global potential market.


Recent Developments



  • The global market is growing very rapidly in the Asia-Pacific region owing to the presence of highly populated countries like India and China who use high cardamom oil in food and beverages, and cosmetics during the forecasted period.

  • The market is expected to grow at a high CAGR of 6.72% to account for a higher market value of approximately USD 869 billion during the forecasted period.

  • In 2016, Elettaria cardamom oil which is usually the green cardamom or true cardamom is expected to grow at a higher level in this market during the forecasted period.

  • The cardamom oil is commonly used in the food and beverages dividend which accounts for a larger market share of more than 40% in this market during the forecasted period 2016-2022.

  • The green field oil factory is investing a huge amount in the research and development sector for increasing the market share of the company in this market which will reward the green field oil factory in the longer run.


Report Overview


The global cardamom oil market research report consists of the following elements:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This global market research report consists of the factors that drive the market along with the factors that restrict the cardamom oil market in the global market. This report also contains various growth opportunities in this market during the forecasted period. The impact of COVID 19 on this market is also estimated. The future growth rate of this market is mentioned.


Users


The pharmaceutical industry, food and beverages manufactures, cardamom oil manufacturers, personal care products manufacturers, sauces & dips manufacturers, traders, importers, and exporters, and others.



Frequently Asked Questions (FAQ) :


It is expected that the cardamom oil market will grow at a high CAGR of 8.31% in the global market.

The cardamom oil market is expected to account for a higher market share of approximately USD 869 million by the end of the forecasted period in the global market.

The largest market share in the cardamom oil market is held by the Asia-Pacific region.

1 Cardamom Oil Market Overview

1.1 Product Overview and Scope of Cardamom Oil

1.1.1 Cardamom oil as Antispasmodic

1.1.2 Cardamom oil as Antiseptic and Antimicrobial

1.1.3 Cardamom oil as Stimulant

1.1.4 Cardamom oil as Diuretic

1.2 Classification of Cardamom Oil

1.2.1 Cardamom Oil Segment by Type

1.2.2 Elettaria Cardamom Oil

1.2.3 Amomum (Subulatum/ Costatum) Cardamom Oil

1.3 Applications of Cardamom Oil

1.3.1 Food and Beverages

1.3.2 Pharmaceuticals

1.3.3 Personal Care Products

1.3.4 Home Care Products

1.3.5 Others

1.4 Cardamom Oil Market by Regions

1.4.1 Guatemala Status and Prospect (2020-2027)

1.5 Global Market Size (Volume and Value) of Cardamom Oil (2020-2027)

1.5.1 Global Cardamom Oil Sales and Growth Rate (2020-2027)

1.5.2 Global Cardamom Oil Revenue and Growth Rate (2020-2027)

2 Global Cardamom Oil Competition, Type and Application

2.1 Global Cardamom Oil (Volume and Value) by Type

2.2 Global Cardamom Oil (Volume and Value), By Regions

2.2.1 Global Cardamom Oil Sales and Market Share by Regions (2020-2027)

2.2.2 Global Cardamom Oil Revenue and Market Share by Regions (2020-2027)

3 Guatemala Cardamom Oil (Volume, Value and Sales Price)

3.1 Guatemala Cardamom Oil (Volume, Value and Sales Price)

3.1.1 Guatemala Cardamom Oil Sales and Value (2020-2027)

3.1.2 Guatemala Cardamom Oil Sales and Growth Rate (2020-2027)

3.1.3 Guatemala Cardamom Oil Revenue and Growth Rate (2020-2027)

3.1.4 Guatemala Cardamom Oil Sales Price Trend (2020-2027), USD/KG

3.2 Guatemala Cardamom Oil Sales and Market Share by Type, (2020-2027),

3.3 Guatemala Cardamom Oil Sales Market Share, by Type, (2020-2027), %

3.4 Guatemala Cardamom Oil Sales and Market Share by Application, (2020-2027),

3.5 Guatemala Cardamom Oil Sales Market Share, by Application, (2020-2027), %

4 India Cardamom Oil (Volume, Value and Sales Price)

4.1 India Cardamom Oil Sales and Value (2020-2027)

4.1.1 India Cardamom Oil Sales and Growth Rate (2020-2027) 54

4.1.2 India Cardamom Oil Revenue and Growth Rate (2020-2027)

4.1.3 India Cardamom Oil Sales Price Trend (2020-2027), USD/KG

4.2 India Cardamom Oil Sales and Market Share by Type, (2020-2027),

4.3 India Cardamom Oil Sales Market Share, by Type, (2020-2027), %

4.4 India Cardamom Oil Sales and Market Share by Application, (2020-2027),

4.5 India Cardamom Oil Sales Market Share, by Application, (2020-2027), %

5 Indonesia Cardamom Oil (Volume, Value and Sales Price)

5.1 Indonesia Cardamom Oil (Volume, Value and Sales Price)

5.1.1 Indonesia Cardamom Oil Sales and Value (2020-2027)

5.1.2 Indonesia Cardamom Oil Sales and Growth Rate (2020-2027)

5.1.3 Indonesia Cardamom Oil Revenue and Growth Rate (2020-2027)

5.1.4 Indonesia Cardamom Oil Sales Price Trend (2020-2027), USD/KG

5.2 Indonesia Cardamom Oil Sales and Market Share by Type, (2020-2027),

5.3 Indonesia Cardamom Oil Sales Market Share, by Type, (2020-2027), %

5.4 Indonesia Cardamom Oil Sales and Market Share by Application, (2020-2027),

5.5 Indonesia Cardamom Oil Sales Market Share, by Application, (2020-2027), %

6 Nepal Cardamom Oil (Volume, Value and Sales Price)

6.1 Nepal Cardamom Oil (Volume, Value and Sales Price)

6.1.1 Nepal Cardamom Oil Sales and Value (2020-2027)

6.1.2 Nepal Cardamom Oil Sales and Growth Rate (2020-2027)

6.1.3 Nepal Cardamom Oil Revenue and Growth Rate (2020-2027)

6.1.4 Nepal Cardamom Oil Sales Price Trend (2020-2027), USD/KG

6.2 Nepal Cardamom Oil Sales and Market Share by Type, (2020-2027),

6.3 Nepal Cardamom Oil Sales Market Share, by Type, (2020-2027), %

6.4 Nepal Cardamom Oil Sales and Market Share by Application, (2020-2027),

6.5 Nepal Cardamom Oil Sales Market Share, by Application, (2020-2027), %

7 Bhutan Cardamom Oil (Volume, Value and Sales Price)

7.1 Bhutan Cardamom Oil (Volume, Value and Sales Price)

7.1.1 Bhutan Cardamom Oil Sales and Value (2020-2027)

7.1.2 Bhutan Cardamom Oil Sales and Growth Rate (2020-2027)

7.1.3 Bhutan Cardamom Oil Revenue and Growth Rate (2020-2027)

7.1.4 Bhutan Cardamom Oil Sales Price Trend (2020-2027), USD/KG

7.2 Bhutan Cardamom Oil Sales and Market Share by Type, (2020-2027),

7.3 Bhutan Cardamom Oil Sales Market Share, by Type, (2020-2027), %

7.4 Bhutan Cardamom Oil Sales and Market Share by Application, (2020-2027),

7.5 Bhutan Cardamom Oil Sales Market Share, by Application, (2020-2027), %

8 Global Cardamom Oil Manufacturers Analysis

8.1 Company Basic Information, Company Profiles

8.1.1 Nelixia Company

8.1.2 Green Fields Oil Factory

8.2 Shiv Sales Corporation

8.2.1 Company Profile

8.3 Aromaaz International

8.3.1 Company Profile

8.4 IL Health & Beauty Natural Oils Co., Inc

8.4.1 Company Profile

8.5 Aksuvital

8.5.1 Company Profile

8.6 Shaanxi Guanjie Technology Co., Ltd

8.6.1 Company Profile

8.7 Natures Natural India

8.7.1 Company Profile

8.8 Piping Rock Health Products Llc

8.8.1 Company Profile

8.9 Greenleaf Extractions Pvt Ltd

8.9.1 Company Profile

9 Cardamom Oil Maufacturing Cost Analysis

9.1 Cardamom Oil Key Raw Materials Analysis

9.1.1 Key Raw Materials

9.1.2 Price Trend of Key Raw Materials

9.1.3 Key Suppliers of Raw Materials

9.2 Proportion of Manufacturing Cost Structure

9.2.1 Raw Materials

9.2.2 Labor cost analysis

9.2.3 Other cost analysis

9.2.4 Manufacturing Process Analysis

10 Industrial Chain, Sourcing Strategy and Downstream Buyers

10.1 Cardamom Oil Industrial Chain Analysis

10.2 Upstream Raw Materials Sourcing

10.3 Downstream Buyers

11 Marketing Strategy Analysis, Distributors/Traders

11.1 Marketing Channel

11.1.1 Direct Marketing

11.1.2 Indirect Marketing

11.1.3 Marketing Channel Development Trends

11.2 Market Positioning

11.2.1 Pricing Strategy

11.2.2 Brand Strategy

11.2.3 Target Client

11.3 Distributors and Traders List

12 Market Effect Factors Analysis

12.1 Technology Progress/Risk

12.1.1 Substitutes Threat

12.1.2 Technology Progress in Related Industry

12.2 Consumer Needs/Customer Preference Change

12.3 Economic/Political Environmental Change

13 Global Cardamom Oil Market Forecast (2020-2027)

13.1 Global Cardamom Oil Sales, Revenue Forecast (2020-2027)

14 List of Tables

TABLE 1 GUATEMALA CARDAMOM OIL SALES, REVENUE FORECAST (2020-2027) 14

TABLE 2 INDIA CARDAMOM OIL SALES, REVENUE FORECAST (2020-2027) 15

TABLE 3 INDONESIA CARDAMOM OIL SALES, REVENUE FORECAST (2020-2027) 15

TABLE 4 NEPAL CARDAMOM OIL SALES, REVENUE FORECAST (2020-2027) 15

TABLE 5 BHUTAN CARDAMOM OIL SALES, REVENUE FORECAST (2020-2027) 15

TABLE 6 GLOBAL CARDAMOM OIL SALES AND GROWTH RATE (2020-2027) 16

TABLE 7 GLOBAL CARDAMOM OIL REVENUE AND GROWTH RATE (2020-2027) 16

TABLE 8 GLOBAL CARDAMOM OIL (VOLUME), BY TYPE, TONS 17

TABLE 9 GLOBAL CARDAMOM OIL (REVENUE), BY TYPE, USD MILLION 17

TABLE 10 GLOBAL CARDAMOM OIL (VOLUME), BY TYPE, SALES, TONS 17

TABLE 11 GLOBAL CARDAMOM OIL (VOLUME), BY TYPE, MARKET SHARE, % 18

TABLE 12 GLOBAL CARDAMOM OIL (VOLUME), BY TYPE, REVENUE, USD MILLION 18

TABLE 13 GLOBAL CARDAMOM OIL (VOLUME), BY TYPE, MARKET SHARE, % 18

TABLE 14 GLOBAL CARDAMOM OIL (VOLUME), BY REGION, TONS, ( 2020-2027) 19

TABLE 15 GLOBAL CARDAMOM OIL (VOLUME), BY REGION, MARKET SHARE , %,( 2020-2027) 19

TABLE 16 GLOBAL CARDAMOM OIL (VALUE), BY REGION, USD MILLION,( 2020-2027) 19

TABLE 17 GLOBAL CARDAMOM OIL (VALUE), BY REGION, MARKET SHARE %,( 2020-2027) 20

TABLE 18 GUATEMALA CARDAMOM OIL SALES AND VALUE (2020-2027) 21

TABLE 19 GUATEMALA CARDAMOM OIL REVENUE AND GROWTH RATE (2020-2027) 21

TABLE 20 GUATEMALA CARDAMOM OIL SALES PRICE TREND (2020-2027), USD/KG 21

TABLE 21 GUATEMALA CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 22

TABLE 22 GUATEMALA CARDAMOM OIL SALES MARKET SHARE, BY TYPE, (2020-2027), % 22

TABLE 23 GUATEMALA CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 22

TABLE 24 GUATEMALA CARDAMOM OIL SALES MARKET SHARE, BY APPLICATION, (2020-2027), % 23

TABLE 25 INDIA CARDAMOM OIL SALES AND VALUE (2020-2027) 24

TABLE 26 INDIA CARDAMOM OIL SALES AND GROWTH RATE (2020-2027) 24

TABLE 27 INDIA CARDAMOM OIL REVENUE AND GROWTH RATE (2020-2027) 24

TABLE 28 INDIA CARDAMOM OIL SALES PRICE TREND (2020-2027), USD/KG 24

TABLE 29 INDIA CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 25

TABLE 30 INDIA CARDAMOM OIL SALES MARKET SHARE, BY TYPE, (2020-2027), % 25

TABLE 31 INDIA CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 25

TABLE 32 INDIA CARDAMOM OIL SALES MARKET SHARE, BY APPLICATION, (2020-2027), % 26

TABLE 33 INDONESIA CARDAMOM OIL SALES AND VALUE (2020-2027) 27

TABLE 34 INDONESIA CARDAMOM OIL SALES AND GROWTH RATE (2020-2027) 27

TABLE 35 INDONESIA CARDAMOM OIL REVENUE AND GROWTH RATE (2020-2027) 27

TABLE 36 INDONESIA CARDAMOM OIL SALES PRICE TREND (2020-2027), USD/KG 27

TABLE 37 INDONESIA CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 28

TABLE 38 INDONESIA CARDAMOM OIL SALES MARKET SHARE, BY TYPE, (2020-2027), % 28

TABLE 39 INDONESIA CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 28

TABLE 40 INDONESIA CARDAMOM OIL SALES MARKET SHARE, BY APPLICATION, (2020-2027), % 29

TABLE 41 NEPAL CARDAMOM OIL SALES AND VALUE (2020-2027) 30

TABLE 42 NEPAL CARDAMOM OIL SALES AND GROWTH RATE (2020-2027) 30

TABLE 43 NEPAL CARDAMOM OIL REVENUE AND GROWTH RATE (2020-2027) 30

TABLE 44 NEPAL CARDAMOM OIL SALES PRICE TREND (2020-2027), USD/KG 30

TABLE 45 NEPAL CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 31

TABLE 46 NEPAL CARDAMOM OIL SALES MARKET SHARE, BY TYPE, (2020-2027), % 31

TABLE 47 NEPAL CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 31

TABLE 48 NEPAL CARDAMOM OIL SALES MARKET SHARE, BY APPLICATION, (2020-2027), % 32

TABLE 49 BHUTAN CARDAMOM OIL SALES AND VALUE (2020-2027) 33

TABLE 50 BHUTAN CARDAMOM OIL SALES AND GROWTH RATE (2020-2027) 33

TABLE 51 BHUTAN CARDAMOM OIL REVENUE AND GROWTH RATE (2020-2027) 33

TABLE 52 BHUTAN CARDAMOM OIL SALES PRICE TREND (2020-2027), USD/KG 33

TABLE 53 BHUTAN CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 34

TABLE 54 BHUTAN CARDAMOM OIL SALES MARKET SHARE, BY TYPE, (2020-2027), % 34

TABLE 55 BHUTAN CARDAMOM OIL SALES ,BY TYPE, (2020-2027), TONS 34

TABLE 56 BHUTAN CARDAMOM OIL SALES MARKET SHARE, BY APPLICATION, (2020-2027), % 35

TABLE 57 NELIXIA COMPANY PROFILE 36

TABLE 58 NELIXIA PRODUCT CATEGORY 36

TABLE 59 GREEN FIELDS OIL FACTORY COMPANY PROFILE 37

TABLE 60 GREEN FIELDS OIL FACTORY PRODUCTS 37

TABLE 61 SHIV SALES CORPORATION COMPANY PROFILE 38

TABLE 62 SHIV SALES CORPORATION PRODUCTS 38

TABLE 63 AROMAAZ INTERNATIONAL COMPANY PROFILE 39

TABLE 64 AROMAAZ INTERNATIONAL PRODUCTS 39

TABLE 65 IL HEALTH & BEAUTY NATURAL OILS CO., INC. COMPANY PROFILE 40

TABLE 66 IL HEALTH & BEAUTY NATURAL OILS CO., INC. PRODUCTS 40

TABLE 67 AKSUVITAL COMPANY PROFILE 41

TABLE 68 AKSUVITAL PRODUCT 41

TABLE 69 SHAANXI GUANJIE TECHNOLOGY CO., LTD COMPANY PROFILE 42

TABLE 70 SHAANXI GUANJIE TECHNOLOGY CO., LTD PRODUCT 42

TABLE 71 NATURES NATURAL INDIA COMPANY PROFILE 43

TABLE 72 NATURES NATURAL INDIA PRODUCT 43

TABLE 73 PIPING ROCK HEALTH PRODUCTS LLC COMPANY PROFILE 44

TABLE 74 PIPING ROCK HEALTH PRODUCTS LLC, PRODUCT 44

TABLE 75 GREENLEAF EXTRACTIONS PVT LTD COMPANY PROFILE 45

TABLE 76 GREENLEAF EXTRACTIONS PVT LTD PRODUCT 45

TABLE 77 KEY SUPPLIERS OF RAW MATERIALS 47

TABLE 78 PROPORTION OF MANUFACTURING COST STRUCTURE 49

TABLE 79 GLOBAL CARDAMOM OIL SALES, REVENUE FORECAST (2020-2027) 58

TABLE 80 GLOBAL CARDAMOM OIL SALES FORECAST BY REGIONS (2020-2027) 58

TABLE 81 GLOBAL CARDAMOM OIL SALES FORECAST BY TYPE (2020-2027), TONS 58

TABLE 82 GLOBAL CARDAMOM OIL SALES FORECAST BY APPLICATION (2020-2027), TONS 59


15 List of Figures

FIGURE 1 CARDAMOM OIL 11

FIGURE 2 AMOMUM CARDAMOM OIL 13

FIGURE 3 TREND IN INDIAN INTERNATIONAL CARDAMOM PRICES, USD/KG 46

FIGURE 4 MANUFACTURING PROCESS ANALYSIS OF CARDAMOM OIL 50

FIGURE 5 CARDAMOM OIL INDUSTRIAL CHAIN ANALYSIS 51