openPR Logo
Press release

Cardamom Oil Market Expected High Growth Globally by 2022

10-11-2018 01:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Cardamom Oil Market Expected High Growth Globally by 2022

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 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 towards the increased adoption of cardamom oil in carious end use sectors such pharmaceutical industry, healthcare, food and beverages, cosmetics, personal care, etc. The Asia Pacific and North American regions seem to show moderate growth, however, based on the current scenario of the cardamom market in Europe, it is expected to show comparatively higher growth rate than other regions. Europe seems to be favorable considering all the segments and the sub segments involved in the global cardamom oil market.

Fact.MR’s research report on global cardamom market proves vital in assessing all the facets of the market as it involve all the segments and sub segments within the market which have direct influence over the growth rate of the global market in the period of forecast.

Get Sample Report at https://www.factmr.com/connectus/sample?flag=S&rep_id=88

Europe More Likely to be the High Growth Market for Cardamom Oil

Among North America, Asia Pacific, MEA and other regions, Europe shows more favorable conditions for the adoption of cardamom oil and can be said to have dominance over other regions. All the market segments of the cardamom oil find lucrative growth paths in the European regions thereby making Europe the hub for cardamom oils. This relatively bigger, consumer-oriented market is more likely to top the list owing to high disposable income of the majority of the population. The European region has a strong end user industry base, to name a few growing industries such as pharmaceuticals, food and beverages, therapeutics and healthcare, cosmetics, etc.,  in which cardamom oil is used on a large scale.

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 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 the 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.

Blends Segment in the Form Type to Row at a Higher Pace

The form type segment of the global cardamom oil market is expected to show higher growth rate in the coming years. It is poised to reflect a higher CAGR of 5.0% in the period of forecast, 2017 to 2022. Following blends segment, the runner up is the absolute segment which has moderate growth rate. The concentrates segment is expected to show average growth in the forecast period.

Distribution Channel Analysis

The online segment is poised to show higher growth rate as compared to other distribution channels. The modern trade and franchise outlets seem to have almost equal growth rate however, modern trade still holds higher market share by revenue. This segment, by far, has the highest market share as compared to online segment and specialty stores segment. The online segment is poised to grow with respect to revenue share in the coming years following this huge growth pace, and does have a chance to match the revenue share of franchise outlets.

Competitive Landscape Assessment is Provided in the Report

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., Aksuvital, Shaanxi Guanjie Technology Co., Natures Natural India, Young Living Essential Oils, Greenleaf Extractions Pvt. Ltd., Biolandes and The Lebermuth Company.

Report Analysis at https://www.factmr.com/report/88/cardamom-oil-market

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cardamom Oil Market Expected High Growth Globally by 2022 here

News-ID: 1296930 • Views: 121

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for Oil

Oil Refining Pumps Market |
The global demand for oil refining pumps is expected to surpass 3 million tons by 2018 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand. The oil supply has sharply increased from Russia, Middle East, and the US, compensating for fall in oil production in Iran and Venezuela. The demand for
Oil Sands - Thematic Research
Oil Sands - Thematic Research Summary Oil sands, an unconventional hydrocarbon resource, holds vast growth potential for crude oil production amid declining output from maturing conventional fields and slowing pace of new discoveries. The oil sands deposits in Alberta, which are among the world's largest hydrocarbon reserves, are playing an influential role in driving the oil and gas industry in Canada. Despite facing severe backlash from environmentalists around the world, there has
Gingelly oil Market
https://www.qandqmarketresearch.com/reports/7431261/gingelly-oil-market-48 The global Gingelly oil market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 20192025. This report focuses on Gingelly oil volume and value at global level, regional level and company level. From a global perspective, this report represents overall Gingelly oil market size by analyzing historical data and future prospect. Regionally, this report focuses on
Oil & Gas Explosion Lawyer
Concerns about gas and oil explosions and worker safety have been at the forefront of Oklahoma state officials’ minds as they continue to investigate a recent Pittsburg County explosion that left five workers dead and 17 with minor injuries. The explosion has shaken a state that is heavily invested in the fuel industry and has been said to be the worst incident of its kind since the Deepwater Horizon tragedy. Oklahoma
Cottonseed Oil Market
Global cottonseed oil market is expected to grow at a steady rate as the product is used in processing of many food & beverage products. It has neutral flavour and is said to enhance the natural taste of food products in which they are used. Thus, they are used extensively for frying and baking purposes. Margarines, whipped toppings, icings, salads, potato chips & french fries, cereals, baked goods, stir-fried and
Automotive Gear Oil Market
Automobile gears (or cogs) are rotating machine part having cut teeth, or cogs which mesh with another toothed part in order to transmit torque. The arrangement of two or more gears forms automotive transmission system. Automotive gear oil can be petroleum or synthetic based, used especially for lubricating automotive gears for all class of vehicles. It provide high transmission efficiency, reduce engine heating, provides proper clutch friction, insure better oxidation