Global Cardamom Market Research Report 2025(Status and Outlook)
Description
Report Overview
Cardamom is a highly valued spice derived from the seeds of plants in the genera *Elettaria* (green cardamom) and *Amomum* (black cardamom), primarily cultivated in tropical regions such as India, Guatemala, and Sri Lanka. Known for its aromatic, slightly sweet, and pungent flavor, cardamom is widely used in culinary applications, including baking, beverages (e.g., chai tea), and savory dishes, as well as in traditional medicine and perfumery. The global market is driven by rising demand in food and beverage industries, particularly in Middle Eastern, South Asian, and Scandinavian cuisines, alongside growing interest in natural flavorings and Ayurvedic remedies. However, price volatility due to climate sensitivity, labor-intensive harvesting, and geopolitical trade dynamics pose challenges. India remains the largest consumer, while Guatemala dominates production and exports. Emerging trends include organic and fair-trade certifications, as well as increasing use in premium wellness products.
The global Cardamom market size was estimated at USD 68648.57 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 2.02% during the forecast period.
This report provides a deep insight into the global Cardamom market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Cardamom Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Cardamom market in any manner.
Global Cardamom Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Cardex
DS Group
MAS Enterprises
McCormick and Company (MKC)
Market Segmentation (by Type)
Ingredients
Powder
Liquid Extract
Market Segmentation (by Application)
Online Retail
Offline Retail
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Cardamom Market
Overview of the regional outlook of the Cardamom Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Cardamom Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Cardamom, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Cardamom is a highly valued spice derived from the seeds of plants in the genera *Elettaria* (green cardamom) and *Amomum* (black cardamom), primarily cultivated in tropical regions such as India, Guatemala, and Sri Lanka. Known for its aromatic, slightly sweet, and pungent flavor, cardamom is widely used in culinary applications, including baking, beverages (e.g., chai tea), and savory dishes, as well as in traditional medicine and perfumery. The global market is driven by rising demand in food and beverage industries, particularly in Middle Eastern, South Asian, and Scandinavian cuisines, alongside growing interest in natural flavorings and Ayurvedic remedies. However, price volatility due to climate sensitivity, labor-intensive harvesting, and geopolitical trade dynamics pose challenges. India remains the largest consumer, while Guatemala dominates production and exports. Emerging trends include organic and fair-trade certifications, as well as increasing use in premium wellness products.
The global Cardamom market size was estimated at USD 68648.57 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 2.02% during the forecast period.
This report provides a deep insight into the global Cardamom market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Cardamom Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Cardamom market in any manner.
Global Cardamom Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Cardex
DS Group
MAS Enterprises
McCormick and Company (MKC)
Market Segmentation (by Type)
Ingredients
Powder
Liquid Extract
Market Segmentation (by Application)
Online Retail
Offline Retail
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Cardamom Market
Overview of the regional outlook of the Cardamom Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Cardamom Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Cardamom, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
122 Pages
- 1 Research Methodology And Statistical Scope
- 1.1 Market Definition And Statistical Scope Of Cardamom
- 1.2 Key Market Segments
- 1.2.1 Cardamom Segment By Type
- 1.2.2 Cardamom Segment By Application
- 1.3 Methodology & Sources Of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown And Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Cardamom Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Cardamom Market Size (M Usd) Estimates And Forecasts (2020-2033)
- 2.1.2 Global Cardamom Sales Estimates And Forecasts (2020-2033)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size By Region
- 3 Cardamom Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Cardamom Product Life Cycle
- 3.3 Global Cardamom Sales By Manufacturers (2020-2025)
- 3.4 Global Cardamom Revenue Market Share By Manufacturers (2020-2025)
- 3.5 Cardamom Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
- 3.6 Global Cardamom Average Price By Manufacturers (2020-2025)
- 3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
- 3.8 Cardamom Market Competitive Situation And Trends
- 3.8.1 Cardamom Market Concentration Rate
- 3.8.2 Global 5 And 10 Largest Cardamom Players Market Share By Revenue
- 3.8.3 Mergers & Acquisitions, Expansion
- 4 Cardamom Industry Chain Analysis
- 4.1 Cardamom Industry Chain Analysis
- 4.2 Market Overview Of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development And Dynamics Of Cardamom Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 Pest Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Cardamom Market Porter's Five Forces Analysis
- 5.6.1 Global Trade Frictions
- 5.6.2 U.S. Tariff Policy – April 2025
- 5.6.3 Global Trade Frictions And Their Impacts To Cardamom Market
- 5.7 Esg Ratings Of Leading Companies
- 6 Cardamom Market Segmentation By Type
- 6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
- 6.2 Global Cardamom Sales Market Share By Type (2020-2025)
- 6.3 Global Cardamom Market Size Market Share By Type (2020-2025)
- 6.4 Global Cardamom Price By Type (2020-2025)
- 7 Cardamom Market Segmentation By Application
- 7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
- 7.2 Global Cardamom Market Sales By Application (2020-2025)
- 7.3 Global Cardamom Market Size (M Usd) By Application (2020-2025)
- 7.4 Global Cardamom Sales Growth Rate By Application (2020-2025)
- 8 Cardamom Market Sales By Region
- 8.1 Global Cardamom Sales By Region
- 8.1.1 Global Cardamom Sales By Region
- 8.1.2 Global Cardamom Sales Market Share By Region
- 8.2 Global Cardamom Market Size By Region
- 8.2.1 Global Cardamom Market Size By Region
- 8.2.2 Global Cardamom Market Size Market Share By Region
- 8.3 North America
- 8.3.1 North America Cardamom Sales By Country
- 8.3.2 North America Cardamom Market Size By Country
- 8.3.3 U.S. Market Overview
- 8.3.4 Canada Market Overview
- 8.3.5 Mexico Market Overview
- 8.4 Europe
- 8.4.1 Europe Cardamom Sales By Country
- 8.4.2 Europe Cardamom Market Size By Country
- 8.4.3 Germany Market Overview
- 8.4.4 France Market Overview
- 8.4.5 U.K. Market Overview
- 8.4.6 Italy Market Overview
- 8.4.7 Spain Market Overview
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Cardamom Sales By Region
- 8.5.2 Asia Pacific Cardamom Market Size By Region
- 8.5.3 China Market Overview
- 8.5.4 Japan Market Overview
- 8.5.5 South Korea Market Overview
- 8.5.6 India Market Overview
- 8.5.7 Southeast Asia Market Overview
- 8.6 South America
- 8.6.1 South America Cardamom Sales By Country
- 8.6.2 South America Cardamom Market Size By Country
- 8.6.3 Brazil Market Overview
- 8.6.4 Argentina Market Overview
- 8.6.5 Columbia Market Overview
- 8.7 Middle East And Africa
- 8.7.1 Middle East And Africa Cardamom Sales By Region
- 8.7.2 Middle East And Africa Cardamom Market Size By Region
- 8.7.3 Saudi Arabia Market Overview
- 8.7.4 Uae Market Overview
- 8.7.5 Egypt Market Overview
- 8.7.6 Nigeria Market Overview
- 8.7.7 South Africa Market Overview
- 9 Cardamom Market Production By Region
- 9.1 Global Production Of Cardamom By Region(2020-2025)
- 9.2 Global Cardamom Revenue Market Share By Region (2020-2025)
- 9.3 Global Cardamom Production, Revenue, Price And Gross Margin (2020-2025)
- 9.4 North America Cardamom Production
- 9.4.1 North America Cardamom Production Growth Rate (2020-2025)
- 9.4.2 North America Cardamom Production, Revenue, Price And Gross Margin (2020-2025)
- 9.5 Europe Cardamom Production
- 9.5.1 Europe Cardamom Production Growth Rate (2020-2025)
- 9.5.2 Europe Cardamom Production, Revenue, Price And Gross Margin (2020-2025)
- 9.6 Japan Cardamom Production (2020-2025)
- 9.6.1 Japan Cardamom Production Growth Rate (2020-2025)
- 9.6.2 Japan Cardamom Production, Revenue, Price And Gross Margin (2020-2025)
- 9.7 China Cardamom Production (2020-2025)
- 9.7.1 China Cardamom Production Growth Rate (2020-2025)
- 9.7.2 China Cardamom Production, Revenue, Price And Gross Margin (2020-2025)
- 10 Key Companies Profile
- 10.1 Cardex
- 10.1.1 Cardex Basic Information
- 10.1.2 Cardex Cardamom Product Overview
- 10.1.3 Cardex Cardamom Product Market Performance
- 10.1.4 Cardex Business Overview
- 10.1.5 Cardex Swot Analysis
- 10.1.6 Cardex Recent Developments
- 10.2 Ds Group
- 10.2.1 Ds Group Basic Information
- 10.2.2 Ds Group Cardamom Product Overview
- 10.2.3 Ds Group Cardamom Product Market Performance
- 10.2.4 Ds Group Business Overview
- 10.2.5 Ds Group Swot Analysis
- 10.2.6 Ds Group Recent Developments
- 10.3 Mas Enterprises
- 10.3.1 Mas Enterprises Basic Information
- 10.3.2 Mas Enterprises Cardamom Product Overview
- 10.3.3 Mas Enterprises Cardamom Product Market Performance
- 10.3.4 Mas Enterprises Business Overview
- 10.3.5 Mas Enterprises Swot Analysis
- 10.3.6 Mas Enterprises Recent Developments
- 10.4 Mccormick And Company (Mkc)
- 10.4.1 Mccormick And Company (Mkc) Basic Information
- 10.4.2 Mccormick And Company (Mkc) Cardamom Product Overview
- 10.4.3 Mccormick And Company (Mkc) Cardamom Product Market Performance
- 10.4.4 Mccormick And Company (Mkc) Business Overview
- 10.4.5 Mccormick And Company (Mkc) Recent Developments
- 11 Cardamom Market Forecast By Region
- 11.1 Global Cardamom Market Size Forecast
- 11.2 Global Cardamom Market Forecast By Region
- 11.2.1 North America Market Size Forecast By Country
- 11.2.2 Europe Cardamom Market Size Forecast By Country
- 11.2.3 Asia Pacific Cardamom Market Size Forecast By Region
- 11.2.4 South America Cardamom Market Size Forecast By Country
- 11.2.5 Middle East And Africa Forecasted Sales Of Cardamom By Country
- 12 Forecast Market By Type And By Application (2026-2033)
- 12.1 Global Cardamom Market Forecast By Type (2026-2033)
- 12.1.1 Global Forecasted Sales Of Cardamom By Type (2026-2033)
- 12.1.2 Global Cardamom Market Size Forecast By Type (2026-2033)
- 12.1.3 Global Forecasted Price Of Cardamom By Type (2026-2033)
- 12.2 Global Cardamom Market Forecast By Application (2026-2033)
- 12.2.1 Global Cardamom Sales (K Mt) Forecast By Application
- 12.2.2 Global Cardamom Market Size (M Usd) Forecast By Application (2026-2033)
- 13 Conclusion And Key Findings
Pricing
Currency Rates
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