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.
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