LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Cardamom Oil Market Procurement Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the agro commodities and raw materials industry. This report breaks down the data and analysis behind the procurement of cardamom oil and acts as an all-inclusive guide for making smart purchasing decisions.
“The increasing use of cardamom oil in the food processing industry is expected to drive the growth of the global cardamom oil market,” says SpendEdge procurement analyst Tridib Bora. “Also, the suppliers in this market space are increasingly focusing on engaging in strategic partnerships with cardamom growers and traders to ensure procurement of raw materials on time,” added Tridib.
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Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Cardamom Oil Market:
- Cardamom oil as an additive in the production of food products
- The rise in awareness of usage of cardamom oil in oral healthcare products
- Increasing adoption of cardamom oil in pharmaceutical industry
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Cardamom oil as an additive in the production of food products:
The rise in consumer awareness regarding health and wellness has increased the demand for cardamom oil as an additive in food products. The use of cardamom oil in food and beverage products offers several benefits including relief from respiratory disorders, relief from digestive problems, and control over diabetes. Several such advantages have prompted manufacturer of food products to use cardamom oil as an additive in the manufacturing process. Thus, enabling them to manufacture food and beverage products that have a right balance between taste and health.
The rise in awareness of usage of cardamom oil in oral health care products:
Cardamom oil is increasingly being used in oral cleansing products. This is mainly because cardamom oil acts as an adequate remedy for bad breath. It is used in various oral care products including mouthwashes, mouth sprays, and toothpaste among others. The growing demand for such products will in turn fuel the growth of the global cardamom oil market. Moreover, the use of cardamom oil in oral healthcare products will assist buyers to provide natural remedies to consumers.
Increasing adoption of cardamom oil in the pharmaceutical industry:
In the pharmaceutical industry, cardamom oil is essentially used as a raw material in cough/cold medicines and syrups. This is mainly because the cardamom pods contain essential volatile oils that include many vital vitamins such as riboflavin, niacin, vitamin-C that are essential for optimum health. Moreover, the rise in adoption of cardamom oil an ingredient for manufacturing of pharmaceutical products is helping suppliers to develop natural and chemical-free medical care product portfolio.
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