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Cardamom Oil Market

ID: MRFR/FnB/0065-CR
109 Pages
Pradeep Nandi
February 2017

Cardamom Oil Market Research Report Information- by Type (Elettaria Cardamom Oil and Amomum (Subulatum/ Costatum) Cardamom Oil), by Application (Food and Beverages, Pharmaceuticals, Personal Care Products, Home Care Products and others) and Region Forecast to 2035

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Cardamom Oil Market Summary

As per MRFR analysis, the Cardamom Oil Market Size was estimated at 0.743 USD Million in 2024. The Cardamom Oil industry is projected to grow from 0.799 in 2025 to 1.47 by 2035, exhibiting a compound annual growth rate (CAGR) of 6.33 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Cardamom Oil Market is experiencing robust growth driven by evolving consumer preferences and increasing applications.

  • The demand for natural ingredients in North America is propelling the Cardamom Oil Market forward.
  • Aromatherapy remains the largest segment, while the cosmetics segment is witnessing rapid growth in Asia-Pacific.
  • E-commerce platforms are facilitating wider access to cardamom oil products, enhancing market reach.
  • Rising health consciousness and the growing popularity of organic products are key drivers influencing market dynamics.

Market Size & Forecast

2024 Market Size 0.743 (USD Million)
2035 Market Size 1.47 (USD Million)
CAGR (2025 - 2035) 6.33%

Major Players

Dabur India Ltd (IN), Kancor Ingredients Ltd (IN), AOS Products Pvt Ltd (IN), Essential Oils of New Zealand (NZ), Sambavanam Ayurvedic Research Institute (IN), VedaOils (IN), Aromaaz International (IN), Kumar Organic Products Limited (IN)

Cardamom Oil Market Trends

The Cardamom Oil Market is currently experiencing a notable transformation, driven by a growing awareness of natural and organic products among consumers. This shift appears to be influencing various sectors, including food and beverage, cosmetics, and aromatherapy. As individuals increasingly seek alternatives to synthetic ingredients, the demand for cardamom oil, known for its aromatic properties and potential health benefits, seems to be on the rise. Furthermore, the expansion of e-commerce platforms is facilitating greater accessibility to cardamom oil products, allowing consumers to explore diverse offerings from different regions. In addition, the Cardamom Oil Market is likely to benefit from the increasing popularity of wellness trends. Consumers are becoming more health-conscious, which may lead to a heightened interest in essential oils and their therapeutic applications. This trend suggests that cardamom oil, with its reputed digestive and anti-inflammatory properties, could see a surge in demand as individuals incorporate it into their daily routines. Overall, the Cardamom Oil Market appears poised for growth, driven by evolving consumer preferences and a broader acceptance of natural ingredients in various applications.

Rising Demand for Natural Ingredients

The Cardamom Oil Market is witnessing a surge in demand for natural ingredients, as consumers increasingly prioritize health and wellness. This trend is evident across multiple sectors, including food, cosmetics, and personal care, where the preference for organic and natural products is becoming more pronounced.

Growth of E-commerce Platforms

The expansion of e-commerce platforms is significantly impacting the Cardamom Oil Market. Online shopping provides consumers with easier access to a variety of cardamom oil products, enabling them to explore different brands and formulations, which may enhance market growth.

Increased Interest in Aromatherapy

There is a growing interest in aromatherapy and holistic wellness practices, which is likely to benefit the Cardamom Oil Market. As more individuals seek natural remedies for stress relief and relaxation, the demand for cardamom oil as an essential oil may continue to rise.

Cardamom Oil Market Drivers

Growth in Food and Beverage Sector

The Global Cardamom Oil Industry is significantly influenced by the expansion of the food and beverage sector, where cardamom oil is utilized for its flavoring and preservative qualities. The increasing consumer inclination towards exotic flavors and natural preservatives is driving the demand for cardamom oil in culinary applications. As the global food industry continues to evolve, the market for cardamom oil is poised for growth, with projections indicating a market size of 1645.8 USD Billion by 2035. This growth trajectory suggests a robust opportunity for cardamom oil producers to enhance their market share in the food sector.

Expansion of Aromatherapy Practices

The Global Cardamom Oil Industry benefits from the expanding popularity of aromatherapy, which emphasizes the use of essential oils for therapeutic benefits. Cardamom oil, known for its calming and invigorating properties, is increasingly utilized in aromatherapy practices, contributing to its rising demand. As wellness trends gain traction, the market for essential oils is projected to grow significantly. The Global Cardamom Oil Market is expected to capitalize on this trend, with forecasts indicating a compound annual growth rate of 7.35% from 2025 to 2035, reflecting the potential for sustained growth in the coming years.

Rising Demand for Natural Ingredients

The Global Cardamom Oil Industry experiences a notable surge in demand for natural and organic ingredients across various sectors, including food and beverages, cosmetics, and pharmaceuticals. Consumers increasingly prefer products derived from natural sources, driven by health consciousness and a desire for sustainability. This trend is reflected in the growing market size, projected to reach 754.6 USD Billion in 2024. The shift towards natural alternatives is likely to bolster the demand for cardamom oil, which is renowned for its therapeutic properties and culinary applications, thereby enhancing its market presence globally.

Increased Awareness of Health Benefits

The Global Cardamom Oil Industry is experiencing heightened awareness regarding the health benefits associated with cardamom oil, which is known for its anti-inflammatory, digestive, and antimicrobial properties. As consumers become more health-conscious, the demand for natural remedies and supplements is on the rise. This trend is particularly evident in the wellness and personal care sectors, where cardamom oil is incorporated into various products. The increasing recognition of its therapeutic attributes is likely to drive market growth, as consumers seek natural alternatives to synthetic ingredients, thereby enhancing the overall market dynamics.

Technological Advancements in Extraction Methods

The Global Cardamom Oil Industry is witnessing advancements in extraction technologies, which enhance the efficiency and quality of cardamom oil production. Innovations such as steam distillation and cold pressing are improving yield rates and preserving the oil's natural properties. These technological improvements not only reduce production costs but also ensure a higher quality product for consumers. As the market evolves, these advancements are expected to play a crucial role in meeting the growing demand for high-quality cardamom oil, thereby positioning producers favorably in the competitive landscape.

Market Segment Insights

By Application: Aromatherapy (Largest) vs. Cosmetics (Fastest-Growing)

The Cardamom Oil Market is segmented into various applications: Aromatherapy, Cosmetics, Food and Beverage, and Pharmaceuticals. Aromatherapy holds the largest share in this market, driven by the increasing demand for natural and therapeutic solutions for stress relief and wellness. Following closely are the cosmetics and food and beverage segments, both playing significant roles in the overall distribution. Pharmaceuticals, while growing, currently represents a smaller portion of the market. This segmentation reflects the diverse uses of cardamom oil, appealing across different consumer bases.

Aromatherapy: Dominant vs. Cosmetics: Emerging

Aromatherapy continues to dominate the Cardamom Oil Market due to its established presence in stress relief and holistic health. Its usage spans spas, wellness centers, and personal care products, driving consistency in demand. Conversely, the cosmetics sector is emerging rapidly, propelled by the growing trend towards incorporating natural ingredients in beauty products. Brands are increasingly leveraging cardamom oil for its aromatic benefits and skin-enhancing properties. The differentiation between these segments highlights the broader consumer shift towards wellness and authenticity, positioning both aromatherapy and cosmetics as integral parts of the market landscape.

By End Use: Household (Largest) vs. Commercial (Fastest-Growing)

In the Cardamom Oil Market, the Household segment holds the largest share, driven by its extensive use in cooking, flavoring, and therapeutic applications. Consumers increasingly prefer natural and organic products for their medicinal properties, contributing to this segment's dominance. The essence derived from cardamom oil is widely recognized for its health benefits, making it the preferred choice for households looking to enhance their culinary experiences with quality ingredients. On the other hand, the Commercial segment is observed to be the fastest-growing. Its rise can be attributed to the increasing demand from sectors such as food and beverages, personal care, and aromatherapy. Companies are integrating cardamom oil into their product formulations, thereby broadening the user base. This trend is propelled by the growing interest in natural and aromatic ingredients across various industries, driving innovation and marketing efforts in the sector.

Household (Dominant) vs. Commercial (Emerging)

The Household segment of the Cardamom Oil Market is characterized by its stable consumer base and frequent usage in daily cooking and natural remedies. This segment is considered dominant due to the established trust in cardamom oil for its flavor-enhancing properties and potential health benefits. Many households prioritize products that offer both culinary delight and wellness advantages. Conversely, the Commercial segment represents emerging opportunities, particularly within industries like cosmetics, culinary arts, and wellness products. Rapid advancements in product development and a rising focus on natural ingredients position cardamom oil as an attractive option for businesses seeking to meet consumer demand for authenticity and health consciousness.

By Distribution Channel: Online (Largest) vs. Offline Retail (Fastest-Growing)

The cardamom oil market demonstrates a diverse distribution channel landscape. Online channels currently command the largest market share by offering convenience and a wider reach to consumers. Meanwhile, offline retail, including health stores and supermarkets, is gaining traction due to the personal touch it affords consumers, allowing them to physically engage with products before purchase. In terms of growth trends, the online distribution channel is expected to continue thriving as digital penetration increases globally. Conversely, offline retail is emerging as the fastest-growing segment, fueled by consumer preferences for in-store experiences and the growing popularity of organic products, which are often featured prominently in retail locations.

Online (Dominant) vs. Offline Retail (Emerging)

Online distribution has become the dominant force in the cardamom oil market, characterized by its extensive reach and ease of access for consumers. E-commerce platforms enable customers to explore a broad array of products, contributing to increased sales volumes. Conversely, offline retail is emerging successfully as a viable alternative, appealing to consumers seeking tangible interactions with product quality. Physical stores allow consumers to inquire about benefits and aromas directly from knowledgeable staff, enhancing trust and driving sales growth. Both channels are evolving in response to consumer preferences, resulting in a balanced yet competitive distribution landscape.

By Formulation: Organic (Largest) vs. Conventional (Fastest-Growing)

In the Cardamom Oil Market, the formulation segment is predominantly led by Organic cardamom oil, which captures the largest market share among consumers. This preference is largely due to the increasing demand for natural and chemical-free products in personal care and culinary applications. On the other hand, Conventional cardamom oil holds a notable share but is quickly being outpaced by organic products as awareness around sustainability grows.

Organic (Dominant) vs. Conventional (Emerging)

Organic cardamom oil is recognized for its purity and high-quality standards, appealing to health-conscious consumers and those seeking environmentally friendly choices. This segment benefits from a thorough cultivation process, ensuring the absence of synthetic pesticides and fertilizers. Conversely, Conventional cardamom oil, while still widely used, is rapidly becoming an emerging segment as manufacturers adapt to consumer trends that favor organic formulations. The Conventional segment is characterized by lower production costs and higher availability, making it appealing for bulk purchases and large-scale applications, but it lacks the premium appeal that Organic products have cultivated.

By Source: Natural (Largest) vs. Synthetic (Fastest-Growing)

In the Cardamom Oil Market, the source segment is primarily divided into two categories: Natural and Synthetic. Natural cardamom oil, derived from the seeds of the cardamom plant, commands a significant share due to its growing preference among consumers seeking organic and pure products. In contrast, synthetic cardamom oil, produced through chemical processes, is gaining traction in specific applications where cost-effectiveness and consistent quality are paramount. This growing acceptance of synthetic variants indicates a shift in consumer behavior, reflecting the need for diverse sourcing options. Regarding growth trends, the natural segment is expected to maintain its robust position, driven by increasing demand for natural ingredients in the food, beverage, and cosmetic industries. On the other hand, the synthetic segment is recognized as the fastest-growing sub-category, bolstered by advancements in chemical engineering and cost efficiencies. Rising awareness of synthetic oil's applications in aromatherapy and pharmaceuticals is further propelling its growth, appealing to a wider spectrum of consumers and businesses alike.

Natural (Dominant) vs. Synthetic (Emerging)

Natural cardamom oil is predominantly recognized for its superior quality, aroma, and extensive applications in culinary and therapeutic sectors, positioning it as a dominant player in the market. Its purity and organic certification resonate well with health-conscious consumers and premium product lines, leading to its sustained demand. Conversely, synthetic cardamom oil, although still emerging, is carving out its niche in various industrial applications due to its affordability and reliable consistency in quality. With advancements in technology, the synthetic option is increasingly being viewed as a viable substitute in certain applications, appealing to manufacturers seeking balance between quality and cost. The diversification of applications for both types underscores their respective roles and the evolving dynamics within the Cardamom Oil Market.

Get more detailed insights about Cardamom Oil Market

Regional Insights

North America : Emerging Market for Essential Oils

The North American cardamom oil market is witnessing gradual growth, driven by increasing consumer interest in natural and organic products. The market size is projected at $0.1 million in 2025, reflecting a growing trend towards health and wellness. Regulatory support for natural ingredients in food and cosmetics is also a catalyst for market expansion. As consumers become more health-conscious, the demand for cardamom oil in aromatherapy and culinary applications is expected to rise. Leading countries in this region include the USA and Canada, where the presence of key players like Dabur India Ltd and AOS Products Pvt Ltd is notable. The competitive landscape is characterized by a mix of established companies and emerging brands focusing on quality and sustainability. The market is also influenced by consumer preferences for ethically sourced and environmentally friendly products, which are becoming increasingly important in purchasing decisions.

Europe : Established Market with Growth Potential

Europe's cardamom oil market is valued at $0.15 million in 2025, driven by a strong demand for natural flavors and fragrances in food and cosmetics. The region benefits from stringent regulations that promote the use of natural ingredients, enhancing consumer trust. The growing trend towards organic products and sustainability is also a significant driver. Countries like Germany, France, and the UK are leading the market, with increasing consumer awareness about the health benefits of cardamom oil. The competitive landscape is robust, featuring key players such as Kancor Ingredients Ltd and Essential Oils of New Zealand. These companies are focusing on innovation and quality to capture market share. The presence of established distribution networks and partnerships with local retailers further strengthens their market position. As the demand for natural products continues to rise, the European market is poised for steady growth.

Asia-Pacific : Dominant Market Leader

The Asia-Pacific region dominates the cardamom oil market with a substantial share of 45% in 2025, valued at $0.45 million. This growth is fueled by rising consumer demand for natural and organic products, particularly in countries like India and China. The region's rich agricultural heritage and favorable climatic conditions for cardamom cultivation further enhance production capabilities. Regulatory support for organic farming practices is also a significant driver of market growth. India stands out as a leading producer and consumer of cardamom oil, with key players like Dabur India Ltd and Kancor Ingredients Ltd driving innovation and quality. The competitive landscape is characterized by a mix of local and international companies, all vying for market share. The increasing popularity of aromatherapy and natural remedies is expected to further boost demand, solidifying Asia-Pacific's position as the market leader.

Middle East and Africa : Emerging Market with Unique Challenges

The Middle East and Africa (MEA) region represents a nascent market for cardamom oil, with a market size of $0.03 million in 2025. The growth is primarily driven by increasing awareness of the health benefits associated with natural oils. However, challenges such as limited production capacity and regulatory hurdles may hinder rapid expansion. The region's diverse cultural practices also influence the demand for cardamom oil in traditional medicine and culinary applications. Countries like South Africa and the UAE are emerging as key players in the market, with local producers beginning to explore the potential of cardamom oil. The competitive landscape is still developing, with opportunities for both local and international companies to establish a foothold. As consumer preferences shift towards natural products, the MEA region presents unique growth opportunities for cardamom oil.

Key Players and Competitive Insights

The Cardamom Oil Market is currently characterized by a dynamic competitive landscape, driven by increasing consumer demand for natural and organic products. Key players are actively engaging in strategies that emphasize innovation, sustainability, and regional expansion. For instance, Dabur India Ltd (IN) has positioned itself as a leader in the herbal and Ayurvedic segment, focusing on product diversification and enhancing its distribution network. Similarly, Kancor Ingredients Ltd (IN) is leveraging its expertise in essential oils to innovate and expand its product offerings, thereby strengthening its market presence. These strategies collectively contribute to a competitive environment that is increasingly focused on quality and sustainability.

In terms of business tactics, companies are localizing manufacturing to reduce costs and optimize supply chains. The market structure appears moderately fragmented, with several players vying for market share. This fragmentation allows for a variety of product offerings, catering to diverse consumer preferences. The collective influence of key players, such as AOS Products Pvt Ltd (IN) and Essential Oils of New Zealand (NZ), is shaping the market dynamics, as they adopt strategies that enhance their operational efficiencies and market reach.

In November 2025, AOS Products Pvt Ltd (IN) announced the launch of a new line of organic cardamom oil products aimed at the premium segment. This strategic move is significant as it aligns with the growing consumer trend towards organic and sustainably sourced products, potentially enhancing the company's market share in a competitive landscape. The introduction of these products may also serve to differentiate AOS from competitors who have yet to fully embrace organic offerings.

In October 2025, Kancor Ingredients Ltd (IN) entered into a strategic partnership with a leading European fragrance company to co-develop innovative cardamom oil formulations. This collaboration is likely to enhance Kancor's product portfolio and expand its reach into the European market, which is increasingly demanding high-quality essential oils. Such partnerships may also facilitate knowledge transfer and technological advancements, further solidifying Kancor's competitive edge.

In September 2025, Essential Oils of New Zealand (NZ) expanded its production capabilities by investing in state-of-the-art extraction technology. This investment is expected to improve the efficiency and quality of their cardamom oil production, allowing the company to meet rising global demand. By enhancing production capabilities, Essential Oils of New Zealand positions itself to capitalize on emerging market opportunities, particularly in regions where demand for high-quality essential oils is surging.

As of December 2025, current competitive trends in the Cardamom Oil Market indicate a strong shift towards digitalization, sustainability, and the integration of AI technologies in production processes. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This shift underscores the importance of adapting to consumer preferences for quality and sustainability in a rapidly changing market.

Key Companies in the Cardamom Oil Market market include

Industry Developments

  • It has been noted that the population of the Asia Pacific region is growing rapidly due to the presence of great populated regions of China and India. The people here use food and beverages along with cosmetic products during this forecast period.
  • Elettaria cardamom oil in 2019, was in great demand as it covered a huge market share which helped in driving up the market especially in this region.
  • Cardamom oil is used in the food and beverages market which covers a cardamom oil market share of about 40% throughout the forecast period of 2020-2027.
  • Moreover, the green field oil factory is spending a huge sum on the research and the developmental manufacturing units which raises the share of the cardamom units which will give the company huge results.
  • It has been noted that the market is expected to cover a huge market value of about USD 869 billion having a CAGR value of about 8.31% during the market forecast period.

Report Outlook

Future Outlook

Cardamom Oil Market Future Outlook

The Cardamom Oil Market is projected to grow at a 6.33% CAGR from 2024 to 2035, driven by rising demand in aromatherapy, food flavoring, and natural cosmetics.

New opportunities lie in:

  • Expansion into organic certification for premium pricing
  • Development of innovative packaging solutions for enhanced shelf life
  • Strategic partnerships with wellness brands for co-marketing initiatives

By 2035, the Cardamom Oil Market is expected to achieve robust growth and increased market share.

Market Segmentation

Cardamom Oil Market Source Outlook

  • Natural
  • Synthetic

Cardamom Oil Market End Use Outlook

  • Household
  • Commercial
  • Industrial

Cardamom Oil Market Application Outlook

  • Aromatherapy
  • Cosmetics
  • Food and Beverage
  • Pharmaceuticals

Cardamom Oil Market Formulation Outlook

  • Organic
  • Conventional
  • Blended

Cardamom Oil Market Distribution Channel Outlook

  • Online
  • Offline Retail
  • Direct Sales

Report Scope

MARKET SIZE 20240.743(USD Million)
MARKET SIZE 20250.799(USD Million)
MARKET SIZE 20351.47(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)6.33% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledDabur India Ltd (IN), Kancor Ingredients Ltd (IN), AOS Products Pvt Ltd (IN), Essential Oils of New Zealand (NZ), Sambavanam Ayurvedic Research Institute (IN), VedaOils (IN), Aromaaz International (IN), Kumar Organic Products Limited (IN)
Segments CoveredApplication, End Use, Distribution Channel, Formulation, Source
Key Market OpportunitiesGrowing demand for natural ingredients in cosmetics and wellness sectors enhances opportunities in the Cardamom Oil Market.
Key Market DynamicsRising demand for natural ingredients drives competition and innovation in the cardamom oil market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Pradeep Nandi
Senior Research Analyst

I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

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FAQs

What is the expected growth rate in the cardamom oil market in the global market?

It is expected that the cardamom oil market will grow at a high CAGR of 7.35% in the global market.

What is the expected market share in the global market for cardamom oil?

The global cardamom oil market is expected to account for a higher market share of approximately 1645.8 USD Billion by 2035.

What are the leading players in the cardamom oil market?

Leading players in the cardamom oil market include Melicia, Greenleaf Extractions Pvt Ltd, Green Fields Oil factory, Piping Rock Health Products LLC, Shiv Sales Corporation, Nature's Natural India, Aromaaz International, etc.

Which region holds the largest market share in the cardamom oil market?

The largest market share in the cardamom oil market is held by the Asia-Pacific region.

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