Global Cardamom Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Elettaria Cardamom Oil and Amomum (Subulatum/ Costatum) Cardamom Oil.

By Source Type;

Outer Shell and Seeds.

By Distribution Channel;

B2B and B2C.

By Application;

Food & Beverages, Pharmaceuticals, Personal Care Products, Home Care Products and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn258305373 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Cardamom Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Cardamom Oil Market was valued at USD 6,793.38 million. The size of this market is expected to increase to USD 8,999.97 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.

The global cardamom oil market is experiencing notable growth driven by its diverse applications across various industries, including food and beverage, pharmaceuticals, and personal care. Cardamom oil, derived from the seeds of plants belonging to the genera Elettaria and Amomum, is renowned for its aromatic properties and health benefits, which contribute to its rising popularity worldwide.

In the food and beverage sector, cardamom oil is widely used as a flavoring agent in a range of products such as confectionery, beverages, sauces, and baked goods. Its distinct spicy-sweet aroma adds depth and complexity to culinary creations, appealing to consumers looking for natural and exotic flavors. Moreover, the oil's antimicrobial and digestive properties make it a sought-after ingredient in functional foods and dietary supplements, further bolstering market demand.

The pharmaceutical industry harnesses cardamom oil for its therapeutic properties, including its anti-inflammatory, antioxidant, and antimicrobial characteristics. These properties make it valuable in traditional medicine practices and modern pharmaceutical formulations aimed at treating respiratory disorders, digestive issues, and skin ailments. The growing consumer preference for natural remedies and holistic healthcare solutions is driving the incorporation of cardamom oil into various medicinal products.

In the personal care and cosmetics sector, cardamom oil finds applications in skincare, haircare, and perfumery due to its pleasing fragrance and beneficial effects on skin and hair health. As consumers increasingly prioritize natural and organic ingredients in their personal care routines, the demand for botanical extracts like cardamom oil continues to rise.

The market for cardamom oil is expanding across regions such as Asia-Pacific, North America, Europe, and beyond, driven by the increasing adoption of natural ingredients in consumer products and the growing awareness of the health benefits associated with botanical extracts. Key market players are focusing on product innovation, sustainable sourcing practices, and expanding their distribution networks to capitalize on emerging opportunities in the global cardamom oil market.

Overall, the cardamom oil market is poised for steady growth, supported by its versatile applications across diverse industries and the ongoing consumer preference for natural, sustainable, and health-enhancing products. As research and development efforts continue to explore new applications and benefits of cardamom oil, its market significance is expected to further expand in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Source Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Cardamom Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing food & beverage industry

        2. Increasing health consciousness

        3. Rise in natural product usage

        4. Expanding pharmaceutical applications

      2. Restraints
        1. Fluctuating raw material costs

        2. Limited cardamom production

        3. High extraction costs

        4. Seasonal variations

      3. Opportunities
        1. Product innovation

        2. Sustainable sourcing practices

        3. Organic certification

        4. Health benefits awareness

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cardamom Oil Market, By Product Type, 2021 - 2031 (USD Million)
      1. Elettaria Cardamom Oil
      2. Amomum (Subulatum/ Costatum) Cardamom Oil
    2. Global Cardamom Oil Market, By SourceType, 2021 - 2031 (USD Million)
      1. Outer Shell
      2. Seeds
    3. Global Cardamom Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. B2B
      2. B2C
    4. Global Cardamom Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Pharmaceuticals
      3. Personal Care Products
      4. Home Care Products
      5. Others
    5. Global Cardamom Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nelixia
      2. Green Fields Oil Factory
      3. Shiv Sales Corporation,
      4. Aromaaz Internationa
      5. IL Health & Beauty Natural Oils Co., Inc.
      6. Aksuvital
      7. Shaanxi Guanjie Technology Co., Ltd
      8. Natures Natural India
  7. Analyst Views
  8. Future Outlook of the Market