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. The demand for cardamom oil is significantly increasing due to its numerous benefits for health, skin, and hair. It is finds wide application in aromatherapy.

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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 4,307 tons with CAGR of 6.74%.Gautemala is largest producer of cardamom oil and it is estimated that cardamom oil market will grow at a CAGR of 6.02% during the period 2016-2021. After Guatemala, India is the major producer of cardamom oil is projected to grow at a CAGR of 7.99% during the same period. 
Cardamom oil is made from two genre of cardamom plants i.e. Elettaria and Amomum (Subulatum/ costatum). Elettaria is also known as true cardamom or green cardamom which is mostly grows in India and Guatemala whereas Amomum is known as black cardamom or java cardamom which is mainly found in China and India subcontinent. Depend upon these two types of cardamom plants (i.e. Elettaria and Amomum), cardamom oil is segmented in to Elettaria cardamom oil and Amomum subulatum cardamom oil. Elettaria cardamom oil has the major market share and contributing more than 50% market share with 346 USD Million market value in 2016. 
The cardamom oil market is driven by factors including rising demand for natural flavoring and coloring agent in food. Increase in demand from various downstream markets including food and beverages, pharmaceuticals, personal care and home care product manufacturers is fueling cardamom oil market growth.. Pharmaceutical application of cardamom oil is growing faster than other application with CAGR of 6.8%.

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

Regional and Country Analysis of Cardamom Oil Market:
As per the MRFR analysis, the 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.

The reports also cover country level analysis:

America

• Guatemala

 Asia – Pacific

• India

• Indonesia

• Nepal

• Bhutan

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Browse similar research report of “Global Cardamom Oil Market-By Country- Trends & Forecast, 2016 to 2021”The Global Cardamom Oil Market by country statistical report published by Market Research future contains a brief overview of global cardamom oil market by country. The market has been segmented on the basis of country as Guatemala, India, Indonesia, Nepal and Bhutan to provide a clear picture of cardamom oil industry in world. The global market for cardamom oil has witnessed continued demand during the last few years and is projected to grow at a CAGR of 12.68% from 2016 to 2021. Increasing awareness about health benefits of essential oil is likely to drive the global cardamom oil market.

Guatemala is the largest producer of cardamom oil followed by India. Guatemala is the major exporter of cardamom oil to North American region. Cardamom oil market in Guatemala is increasing at the rate of 8.9% whereas in India it is growing at the rate of 8.5% during 2016 and 2021. Nepal is the major producer of cardamom oil made from Amomum cardamom and it is growing at the rate of 6.7%. Indonesia is also emerging in cardamom oil market from last few years due to rising popularity of essential oils in Indonesia.

Cardamom harvesting is hugely depend upon climate conditions that affecting the overall cardamom production especially in India and Nepal. Many agriculture research organisation are working to develop the efficient harvesting technique which can reduce the impact of climate change on cardamom production.

Through this report Market Research future aims to provide understanding of the global cardamom oil market and assists identification of ongoing trends along with anticipated growth in the coming years. For this research extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted from both supply side and demand side of global cardamom oil market. The supply side industry experts consisted of CEOs, Directors, Marketing Managers, Sales Mangers, R&D Specialists, Country Manager, Regional Managers cardamom oil companies, Retailers, and Distributors amongst others.

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