Cardamom Oil Market Segment, Global Analysis, Size, Share and Industry Trends
Market Analysis: 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. 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%. Guatemala is largest producer of cardamom oil and it is estimated that cardamom oil market will reach 1374 tons by the end of 2021. After Guatemala, India is the major producer of Cardamom Oil and is projected to grow at a CAGR of 7.99% during the forecasted period Cardamom Oil is made from two genre of cardamom plants i.e. Elettaria and Amomum (Subulatum/ costatum). Elettaria is also known as true ...