Global Cardamom Oil Market is projected to USD 869 million by 2021.

Global Cardamom Oil Market is poised to reach 869 USD Million in 2021, to grow at a CAGR of around 8.31% during the forecasted period.

Pune, India – June 28, 2017 /MarketersMedia/ —

Introduction:
Cardamom oil is extracted from dried cardamom through the steam distillation procedure which is used in various application such as food processing, pharmaceutical, fragrance in soaps and perfumers etc. The cardamom oil extract is comprises various essential components like pinene, methyl eugenol, sabinene, geraniol, linalyl acetate, myrcene, nerol, phellandrene, citronellol, linalool, limonene, a-terpineol acetate, 1, 8-cineole, terpinene, a-terpineol, p-cymene, terpinen-4-oil, terpinolene, and trans-nerolidol.

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Cardamom oil market has been growing with increasing consumer awareness about health benefits of cardamom oil and its rising application in personal care products is also supporting the market growth. Increasing popularity of essential oil will boost cardamom oil sales and by 2021, cardamom oil sales will reach 4307 tons with CAGR of 6.74%.

Key Findings
1) The global cardamom oil market is projected to USD 869 million by 2021.
2) In 2016, Elettaria Cardamom Oil accounts for the highest share and grow at rate of 6.72%
3) Cardamom oil is majorly used for food and beverages application and it accounts more than 40% market share in 2016.

Key Players
The leading market players in the Global Cardamom oil market primarily are Nelixia, Green Fields Oil Factory, Shiv Sales Corporation, Aromaaz Internationa, IL Health & Beauty Natural Oils Co., Inc., Aksuvital, Shaanxi Guanjie Technology Co., Ltd, Natures Natural India, Piping Rock Health Products Llc and Greenleaf Extractions Pvt Ltd.

Target Audience
1) Food and beverages Manufacturers
2) Pharmaceutical Industry
3) Cardamom Oil manufactures
4) Personal care products manufacturers
5) Sauces & Dips Manufacturers
6) Traders, Importers and exporters

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Source: MarketersMedia

Release ID: 212164