Press release
Cardamom Essential Oil Market Global Industry Analysis and Forecast By 2025
Cardamom Essential Oil is one kind of oil that is extracted from the seeds of Cardamom which is also known as Elettaria Cardamomum. Some of the main constituents of the Cardamom Essential Oils are sabinene, limonene, terpinene, eugenol, cineol, nerol, geraniol, linalool, nerodilol, heptenone, borneol, alpha-terpineol, beta Terpineol, terpinyl Acetate, alpha-Pinene, myrcene, cymene, neryl acetate, methyl heptenone, linalyl acetate, and heptacosane. Cardamom Essential Oil has a wide range of health benefits like relieving of spasm, prevention of microbial infections, boots metabolism, improves digestion, cures sexual weakness and other such benefits. Apart from medical benefits, oil has its application in culinary fields and food industries.
Cardamom Essential Oil Market: Regional Outlook:
The global Cardamom Essential Oil market has been categorized into seven key regions including North America and Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. Essential Oil market is projected to grow at 5.9% during the forecast period. APAC region is estimated to dominate the market with more than 50% of market share followed by America in the year 2017.
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France, Italy and Germany are major essential oil producers in the Europe region. Guatemala, India, Srilanka, Tanzania, El Salvador, Vietnam, Laos, Cambodia and Papua New Guinea are the major cardamom growing countries. The world production of cardamom is around 36000 tonnes /annum. Guatemala with a production of 23000 tonnes is the largest producer of cardamom followed by India and Tanzania. The major consuming countries of cardamom are West Asian countries, Pakistan, Scandinavian & European countries, USA and Japan. Owing to the above mentioned critical factors, North America , Europe and Asia Pacific dominates the global zone for Cardamom essential oil market.
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Cardamom Essential Oil Market: Demand Driver:
Consumers of developed and developing countries are now more and more conscious about their health and has been taking necessary measures to maintain it. Cardamom Essential Oil has been associated with several critical health benefits such as relieving spasms, improvisation of digestion and boosting ones metabolism. Taking in account, the health benefits of using cardamom essential oil helps drive the demand for the product especially in the healthcare sector.
Cardamom Essential Oil Market: Key Players:
Some of the key players in this market are d?TERRA International, LLC, Floracopeia Inc, Young Living Essential Oils, The Naissance Trading & Innovation Co Ltd, Florihana Distillerie, Phoenix Aromas (Nanjing) Co., Ltd., Inovia International, NOW Health Group, Inc. and others.
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