Cardamom Oil Market Share, Size, Trends, Industry Analysis Report, By Type (Amomum Cardamom Oil, and Elettaria Cardamom Oil); By Distribution Channel; By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032

Cardamom Oil Market Share, Size, Trends, Industry Analysis Report, By Type (Amomum Cardamom Oil, and Elettaria Cardamom Oil); By Distribution Channel; By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032

The global cardamom oil market size is expected treach USD 1,311.39 million by 2032, according ta new study by Polaris Market Research. The report “Cardamom Oil Market Share, Size, Trends, Industry Analysis Report, By Type (Amomum Cardamom Oil, and Elettaria Cardamom Oil); By Distribution Channel; By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The rising prevalence of depression, nerve disease, respiratory disease, blood sugar, BP, metabolism, sleep, digestive disease, and lifestyle disease has increased the demand for cardamon oil due tits benefits which are propelling the growth of the market. For instance, as Per the National Institute of Diabetes and Digestive and Kidney Disease, all digestive illnesses impact 60 t70 million people.

Cardamom oil is frequently suggested in the pharmaceutical business as a treatment for digestive issues since it lessens pain and stops the production of intestinal gas. It has a calming impact on the spasmodic colon, which can reduce pain threshold by easing muscle aches.

Furthermore, cardamom oil has a long history of use as a cephalic remedy for depression and nerve weariness. According tthe World Health Organization (WHO), an estimated 3.8% of the world's population suffers from depression. Around 280 million individuals worldwide suffer from depression. It is frequently and successfully used by medical professionals in nervous system therapies. Thus, the adoption of cardamom oil is rising owing tits use in depression treatment.

Additionally, Chronic bronchitis or emphysema are other names for COPD. The rising prevalence of respiratory disease as well as the benefits of cardamom oil for it is boosting the growth of the market over the forecast period. As per the WHO, 3.23 million people died from chronic obstructive pulmonary disease (COPD), the third most common cause of mortality in the world in 2019.

In middle-income nations, COPD fatalities in people under 70 years of age constitute 90% of all mortality (LMIC). Treatment of the respiratory system is another application for it. Therefore, the demand for cardamom oil for its health benefits across various diseases is the major factor driving the growth of the market.

Cardamom Oil Market Report Highlights

The amomum cardamon oil segment is anticipated tgrow significantly over the forecast period. True cardamom or green cardamom are other names for the Elettaria species. Amomum cardamom is frequently used during cooking and is referred tas Kravan or black cardamom.

Cosmetics and personal care are expected taccount for the maximum revenue share owing tincreased health consciousness and significant demand from the beauty and healthcare sectors.

North America is expected tgrow at a high CAGR over the projected period as a result of the product's rising regional demand. This oil is used tmake some sausage products in North America and Europe, as well as curry powder.

The global players include Aromaaz International, doTERRA International, Naissance Trading & Innovation, Natures Natural India Company, Piping Rock Health Products, Shaanxi Guanjie Technology, Sydney Essential Oil & Young Living Essential Oils

Polaris Market Research has segmented the cardamom oil market report based on type, distribution channel, application, end-use, and region:

Cardamom Oil, Type Outlook (Revenue - USD Million, 2019 - 2032)

Amomum Cardamom Oil

Elettaria Cardamom Oil

Cardamom Oil, Application Channel Outlook (Revenue - USD Million, 2019 - 2032)

Antispasmodic

Antiseptic And Antimicrobial

Stimulant

And Diuretic

Cardamom Oil, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)

Online Channel

Offline Channel

Cardamom Oil, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

Food and Beverage

Pharmaceutical

Cosmetics and Personal Care

Others

Cardamom Oil, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa