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, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period.
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