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Global Cardamom Essential Oil Market: By Nature: Organic, Conventional; By Form: Absolute, Concentrates, Blends; By Distribution Channel: Direct, Indirect; By Application: Food and Beverages, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Cardamom Essential Oil Market Outlook

The global cardamom essential oil market is being aided by the growth of the overall essential oil market, which reached a volume of 191.45 thousand metric tons in 2020. The global essential oil market is further expected to grow at a CAGR of 7.8% in the forecast period of 2021-2026.

 

Cardamom Essential Oil Market

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Increasing Product Demand for Various Applications to Aid the Cardamom Essential Oil Industry Growth

Based on application, while the food and beverage industry significantly contributes to the market growth, the pharmaceutical industry is expected to drive the demand for cardamom essential oil over the forecast period. The increase in product demand in the pharmaceutical sector can be attributed to the growing awareness regarding the various health benefits offered by cardamom essential oil. It has therapeutic properties and aids in relieving of spasm, prevents microbial infections, improves digestion, and boosts metabolism, among others. Apart from medical benefits, it is also known for its unique flavour and aroma, and, thus, has various applications in culinary field as well as in cosmetics. Based on nature, the organic segment is expected to dominate the market, owing to the growing awareness regarding the health benefits of organic products.

 

The Asia Pacific to Provide Significant Growth Opportunities for the Expansion of the Cardamom Essential Oil Industry

The Asia Pacific is expected to account for a significant share in the industry over the forecast period. Within the Asia Pacific, the major cardamom growing countries include India, Sri Lanka, and Vietnam, among others. India is one of the leading producers of cardamom in the world. The growth of the market in the region can be attributed to the easy availability of cardamom essential oil and the rising preference for natural ingredients. The other significant regions for the product include North America and Europe.

 

Cardamom Essential Oil Market by Application

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Cardamom Essential Oil: Industry Definition and Segmentation

Cardamom essential oil is obtained from the seeds of cardamom, also known as Elettaria Cardamomum, through the process of steam distillation. It has a spicy-sweet middle note that blends well with spice oils, citrus oils, wood oils, and many others. It provides various health benefits, is considered an aphrodisiac, and can also be used to improve hair and skin health. Some of its major constituents are sabinene, limonene, terpinene, eugenol, cineol, linalool, nerodilol, heptenone, alpha-terpineol, alpha-pinene, myrcene, and others.

Based on nature, the market is bifurcated into:

  • Organic
  • Conventional

The different forms of the product include:

  • Absolute
  • Concentrates
  • Blends

The various applications of cardamom essential oil are:

Based on distribution channel, the industry can be segmented into:

  • Direct
  • Indirect

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Cardamom Essential Oil Market by Region

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Growing Health Awareness and Rising Demand for Natural Products to Boost the Cardamom Essential Oil Industry Growth

The growing health awareness among consumers is leading to a rise in the demand for plant based and natural products, which is pushing the growth of the cardamom essential oil industry forward. This is further supported by the expanding healthcare and pharmaceutical industries, which are one of the major consumers of the product. Other factors like the escalating consumer disposable incomes, growing demand for natural flavouring agents, increasing preference for plant based cosmetic products, and expanding retail sector are significantly contributing to the industry growth. Over the forecast period, the new product launch by the manufacturers and growing R&D activities are expected to boost the sales of the product, thus, further propelling the industry growth.

 

Key Industry Players in the Global Cardamom Essential Oil Market

The report gives a detailed analysis of the following key players in the global cardamom essential oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Floracopeia Inc
  • Young Living Essential Oils
  • Naissance Trading & Innovation Co Ltd
  • NOW Health Group, Inc.
  • Florihana Distillerie
  • doTERRA International, LLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Form, Distribution Channel, Application, Region
Breakup by Nature Organic, Conventional
Breakup by Form Absolute, Concentrates, Blends
Breakup by Distribution Channel Direct, Indirect
Breakup by Application Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Floracopeia Inc, Young Living Essential Oils, Naissance Trading & Innovation Co Ltd, NOW Health Group, Inc., Florihana Distillerie, doTERRA International, LLC, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Cardamom Essential Oil Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cardamom Essential Oil Historical Market (2016-2020) 
    8.3    Global Cardamom Essential Oil Market Forecast (2021-2026)
    8.4    Global Cardamom Essential Oil Market by Nature
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Conventional
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Cardamom Essential Oil Market by Form
        8.5.1    Absolute
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Concentrates
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Blends
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Cardamom Essential Oil Market by Distribution Channel
        8.6.1    Direct
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Indirect
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Cardamom Essential Oil Market by Application
        8.7.1    Food and Beverages
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Cosmetics and Personal Care
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Pharmaceuticals
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Others
    8.8    Global Cardamom Essential Oil Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Floracopeia Inc
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Young Living Essential Oils
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Naissance Trading & Innovation Co Ltd
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    NOW Health Group, Inc.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Florihana Distillerie
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    doTERRA International, LLC
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Cardamom Essential Oil Market: Key Industry Highlights, 2016 and 2026
2.    Global Cardamom Essential Oil Historical Market: Breakup by Nature (Thousand Metric Tons), 2016-2020
3.    Global Cardamom Essential Oil Market Forecast: Breakup by Nature (Thousand Metric Tons), 2021-2026
4.    Global Cardamom Essential Oil Historical Market: Breakup by Form (Thousand Metric Tons), 2016-2020
5.    Global Cardamom Essential Oil Market Forecast: Breakup by Form (Thousand Metric Tons), 2021-2026
6.    Global Cardamom Essential Oil Historical Market: Breakup by Distribution Channel (Thousand Metric Tons), 2016-2020
7.    Global Cardamom Essential Oil Market Forecast: Breakup by Distribution Channel (Thousand Metric Tons), 2021-2026
8.    Global Cardamom Essential Oil Historical Market: Breakup by End Use (Thousand Metric Tons), 2016-2020
9.    Global Cardamom Essential Oil Market Forecast: Breakup by End Use (Thousand Metric Tons), 2021-2026
10.    Global Cardamom Essential Oil Historical Market: Breakup by Distribution Channel (Thousand Metric Tons), 2016-2020
11.    Global Cardamom Essential Oil Market Forecast: Breakup by Distribution Channel (Thousand Metric Tons), 2021-2026
12.    Global Cardamom Essential Oil Historical Market: Breakup by Region (Thousand Metric Tons), 2016-2020
13.    Global Cardamom Essential Oil Market Forecast: Breakup by Region (Thousand Metric Tons), 2021-2026
14.    North America Cardamom Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2016-2020
15.    North America Cardamom Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2021-2026
16.    Europe Cardamom Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2016-2020
17.    Europe Cardamom Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2021-2026
18.    Asia Pacific Cardamom Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2016-2020
19.    Asia Pacific Cardamom Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2021-2026
20.    Latin America Cardamom Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2016-2020
21.    Latin America Cardamom Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2021-2026
22.    Middle East and Africa Cardamom Essential Oil Historical Market: Breakup by Country (Thousand Metric Tons), 2016-2020
23.    Middle East and Africa Cardamom Essential Oil Market Forecast: Breakup by Country (Thousand Metric Tons), 2021-2026
24.    North America Historical Price Trends and Forecast 2016-2026
25.    Europe Historical Price Trends and Forecast 2016-2026
26.    Asia Pacific Historical Price Trends and Forecast 2016-2026
27.    Latin America Historical Price Trends and Forecast 2016-2026
28.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
29.    Global Cardamom Essential Oil Market Structure

Key Questions Answered in the Report

The global cardamom essential oil market is being aided by the rising essential oil industry, which attained a volume of 191.45 thousand metric tons in 2020.

The essential oil market is projected to grow at a CAGR of 7.8% between 2021 and 2026, further supporting the growth of the cardamom essential oil industry.

The major drivers of the industry, such as rising disposable incomes, increasing health awareness, rising preference for natural and organic products, thriving pharmaceutical industry, and growing per capita expenditure on food and cosmetic products, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the launch of new products and growing R&D activities by the manufacturers.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading nature segments of cardamom essential oil in the market are organic and conventional.

The major forms of cardamom essential oil in the industry are absolute, concentrates, and blends.

The significant application segments in the market are food and beverages, cosmetics and personal care, and pharmaceuticals, among others.

The leading distribution channels in the market are direct and indirect.

The major players in the industry are Floracopeia Inc, Young Living Essential Oils, Naissance Trading & Innovation Co Ltd, NOW Health Group, Inc., Florihana Distillerie, and d?TERRA International, LLC, among others.

Analyst Review

The global cardamom essential oil market is being driven by rising essential oil industry, which reached a volume of 191.45 thousand metric tons in 2020. Aided by the rising R&D activities, the essential oil market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 7.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By nature, the market is divided into organic and conventional. Based on form, the industry is segmented into absolute, concentrates, and blends. On the basis of applications, the market is categorised into food and beverages, cosmetics and personal care, and pharmaceuticals, among others. By distribution channel, the industry is bifurcated into direct and indirect. The major regional markets for cardamom essential oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Floracopeia Inc, Young Living Essential Oils, Naissance Trading & Innovation Co Ltd, NOW Health Group, Inc., Florihana Distillerie, and doTERRA International, LLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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